PPP Loan Data — Lion Vallen Limited Partnership, Dayton, OH
Lion Vallen Limited Partnership
Entity: Subchapter S Corporation
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Location: Dayton, OHTweet This • Search All PPP Data
Lion Vallen Limited Partnership is a subchapter s corporation located at 7200 Poe Avenue in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $1,839,257.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Lion Vallen Limited Partnership in Dayton, OH received a Paycheck Protection Loan of $1.84M through Bank of America, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Lion Vallen Limited Partnership's 2019 payroll expenses are estimated to be at least $8.83M.
Based on their reported 267 jobs retained, this equals an estimated average yearly compensation of $33,065 per employee1
Reported PPP Proceed Usage:
On the PPP application, Lion Vallen Limited Partnership reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,839,257
Business Information - Lion Vallen Limited Partnership in Dayton, OH
7200 Poe Avenue
Dayton, OH 45414
Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
NAICS code 423610
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 7,686 businesses in the "Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers" industry received a total of $1.31B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 14 employees, 95% lower than Lion Vallen Limited Partnership's reported 267 employees, and received an average PPP loan of $170,366, 91% lower than this company's loan of $1.84M.
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Footnotes & Information
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