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PPP Loan Data — KDM Signs, Inc,
Cincinnati, OH
KDM Signs, Inc
Entity: Corporation
Industry: Commercial Screen Printing
Location: Cincinnati, OH
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KDM Signs, Inc is a corporation located at 10450 N. Medallion Drive in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,615,175.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
237Loan Approved:
2020-04-14Lender:
FIFTH THIRD BANKKDM Signs, Inc in Cincinnati, OH received a Paycheck Protection Loan of $3.62M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, KDM Signs, Inc's total 2019 payroll expenses were approximately $17.35M in order to qualify for the PPP loan amount received.
Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $73,219 per employee1.
Business Information - KDM Signs, Inc in Cincinnati, OH
10450 N. Medallion Drive
Cincinnati, OH 45241
Business Industry
Commercial Screen Printing (NAICS code 323113)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-01Similar Companies near Cincinnati
In the Cincinnati area, 2 businesses in the "Commercial Screen Printing" industry received a PPP loan. These local businesses reported an average of 122 employees (compared to this company's 237) and received an average PPP loan of $1,844,070 (compared to this company's $3.62M).
Similar Nearby Businesses Who Received PPP Funding:
Craig A Howell Inc
Cincinnati, OH
Industry PPP Comparison Statistics
Nationwide, 4,380 businesses in the "Commercial Screen Printing" industry received a total of $356,108,429.00 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 9 employees, 96% lower than KDM Signs, Inc's reported 237 employees, and received an average PPP loan of $81,303, 98% lower than this company's loan of $3.62M.
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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