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PPP Loan Data — Gosiger Holdings, Inc, Dayton, OH

SBA PPP loan data, payroll data, and salaries for Gosiger Holdings, Inc
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:

$9.68M

Jobs Retained:

484

Loan Approved:

2020-06-30

Lender:

KEYBANK NATIONAL ASSOCIATION

Gosiger 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.

Because the loan received by Gosiger Holdings, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Gosiger Holdings, Inc in Dayton, OH

Gosiger Holdings, Inc
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-10

Similar 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).

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/gosiger-holdings-inc-dayton-oh