PPP Loan Data — Lodge #1645 Loyal Order Of Moose, Miamisburg, OH
Lodge #1645 Loyal Order Of Moose is a professional association located at 2110 E Central Ave in Miamisburg, Ohio that received a Coronavirus-related PPP loan from the SBA of $46,430.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Farmers & Merchants Bank
Lodge #1645 Loyal Order Of Moose in Miamisburg, OH received a Paycheck Protection Loan of $46,430 through Farmers & Merchants Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
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, Lodge #1645 Loyal Order Of Moose's 2019 payroll expenses are estimated to be at least $222,864.
Based on their reported 17 jobs retained, this equals an estimated average yearly compensation of $13,110 per employee1
Reported PPP Proceed Usage:
On the PPP application, Lodge #1645 Loyal Order Of Moose reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,430
Business Information - Lodge #1645 Loyal Order Of Moose in Miamisburg, OH
2110 E Central Ave
Miamisburg, OH 45342
NAICS code 813110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miamisburg
In the Miamisburg area, 21 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 17) and received an average PPP loan of $101,550 (compared to this company's $46,430).
Similar Nearby Businesses Who Received PPP Funding:
First Church Of The Nazarene
Miamisburg Wesleyan Church
The Ark Church, Inc
ST. Mina & St. Abanoub Coptic Orthodox Church Of Dayton And
ST. James United Methodist Church
Parkview United Methodist Church
His Hope Teen Challenge, Inc
Miamisburg Assembly Of God
Industry PPP Comparison Statistics
Nationwide, 123,083 businesses in the "Religious Organizations" industry received a total of $9.27B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 29% lower than Lodge #1645 Loyal Order Of Moose's reported 17 employees, and received an average PPP loan of $75,298, 62% higher than this company's loan of $46,430.
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Footnotes & Information
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