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PPP Loan Data — JTM Provisions Company, Inc., Harrison, OH

SBA PPP loan data, payroll data, and salaries for JTM Provisions Company, Inc.

JTM Provisions Company, Inc.

Entity: Subchapter S Corporation

Industry: Meat Processed from Carcasses

Location: Harrison, OH

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JTM Provisions Company, Inc. is a subchapter s corporation located at 200 Sales Avenue in Harrison, Ohio that received a Coronavirus-related PPP loan from the SBA of $8,495,800.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




JTM Provisions Company, Inc. in Harrison, OH received a Paycheck Protection Loan of $8.5M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, JTM Provisions Company, Inc.'s total 2019 payroll expenses were approximately $40.78M 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 $81,560 per employee1.

Because the loan received by JTM Provisions Company, 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 - JTM Provisions Company, Inc. in Harrison, OH

JTM Provisions Company, Inc.
200 Sales Avenue
Harrison, OH 45030

Business Industry

Meat Processed from Carcasses (NAICS code 311612)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: Unreported

Congressional District: OH-01

Industry PPP Comparison Statistics

Nationwide, 867 businesses in the "Meat Processed from Carcasses" industry received a total of $314,630,695.00 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 35 employees, 93% lower than JTM Provisions Company, Inc.'s reported 500 employees, and received an average PPP loan of $362,896, 96% lower than this company's loan of $8.5M.

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.

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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 - The Civil Employee's Resource **