PPP Loan Data — Gilmore Jasion & Mahler LTD, Maumee, OH
Gilmore Jasion & Mahler LTD is a limited liability company (LLC) located at 1785 Indian Wood Cir in Maumee, Ohio that received a Coronavirus-related PPP loan from the SBA of $1,722,400.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 101 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Waterford Bank, National Association
Gilmore Jasion & Mahler LTD in Maumee, OH received a Paycheck Protection Loan of $1.72M through Waterford Bank, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Gilmore Jasion & Mahler LTD's 2019 payroll expenses are estimated to be at least $8.27M.
Based on their reported 101 jobs retained, this equals an estimated average yearly compensation of $81,857 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gilmore Jasion & Mahler LTD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,722,400
Business Information - Gilmore Jasion & Mahler LTD in Maumee, OH
1785 Indian Wood Cir
Maumee, OH 43537
Offices of Certified Public Accountants
NAICS code 541211
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Maumee
In the Maumee area, 13 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 101) and received an average PPP loan of $354,789 (compared to this company's $1.72M).
Similar Nearby Businesses Who Received PPP Funding:
Rayner, Foos, Kruse & Irwin, Inc
William Vaughan Company
Brangham & Associates, Inc
Titus, Urbanski & Demarco, Inc
WVC Napoleon, LLC
Mosley, Pfundt & Glick Management, LLC
Mosley, Pfundt, Glick & O'brien, Inc
Industry PPP Comparison Statistics
Nationwide, 57,013 businesses in the "Offices of Certified Public Accountants" industry received a total of $4.21B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 6 employees, 94% lower than Gilmore Jasion & Mahler LTD's reported 101 employees, and received an average PPP loan of $73,772, 96% lower than this company's loan of $1.72M.
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Footnotes & Information
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