PPP Loan Data — Jancoa Janitorial Services Inc, Cincinnati, OH
Jancoa Janitorial Services Inc is a subchapter s corporation located at 525 Vine St in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,343,700.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Jancoa Janitorial Services Inc in Cincinnati, OH received a Paycheck Protection Loan of $3.34M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jancoa Janitorial Services Inc's total 2019 payroll expenses were approximately $16.05M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $32,100 per employee1.
Business Information - Jancoa Janitorial Services Inc in Cincinnati, OH
525 Vine St
Cincinnati, OH 45202
Janitorial Services (NAICS code 561720)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OH-01
Industry PPP Comparison Statistics
Nationwide, 31,508 businesses in the "Janitorial Services" industry received a total of $2,265,370,248.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 98% lower than Jancoa Janitorial Services Inc's reported 500 employees, and received an average PPP loan of $71,898, 98% lower than this company's loan of $3.34M.
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Footnotes & Information
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