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PPP Loan Data — Gosiger Holdings, Inc,
Dayton, OH
Gosiger Holdings, Inc
Entity: Corporation
Industry: Industrial Machinery and Equipment Merchant Wholesalers
Location: Dayton, OH
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Gosiger Holdings, Inc is a corporation located at 108 Mcdonough St in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $9,676,700.00 in June, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
484Loan Approved:
2020-06-30Lender:
KEYBANK NATIONAL ASSOCIATIONGosiger Holdings, Inc in Dayton, OH received a Paycheck Protection Loan of $9.68M through KEYBANK NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Gosiger Holdings, Inc's total 2019 payroll expenses were approximately $46.45M in order to qualify for the PPP loan amount received.
Based on their reported 484 jobs retained, this equals an estimated average yearly compensation of $95,967 per employee1.
Business Information - Gosiger Holdings, Inc in Dayton, OH
108 Mcdonough St
Dayton, OH 45402
Business Industry
Industrial Machinery and Equipment Merchant Wholesalers (NAICS code 423830)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-10Similar Companies near Dayton
In the Dayton area, 3 businesses in the "Industrial Machinery and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 195 employees (compared to this company's 484) and received an average PPP loan of $3,839,349 (compared to this company's $9.68M).
Similar Nearby Businesses Who Received PPP Funding:
Monaghan And Associates Inc
Dayton, OH
Scott Industrial Systems, Inc.
Dayton, OH
Industry PPP Comparison Statistics
Nationwide, 7,320 businesses in the "Industrial Machinery and Equipment Merchant Wholesalers" industry received a total of $1,713,685,837.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 15 employees, 97% lower than Gosiger Holdings, Inc's reported 484 employees, and received an average PPP loan of $234,110, 98% lower than this company's loan of $9.68M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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