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PPP Loan Data — Meaden & Moore Management LTD, Cleveland, OH

SBA PPP loan data, payroll data, and salaries for Meaden & Moore Management LTD

Meaden & Moore Management LTD

Entity: Limited Liability Company (LLC)

Industry: Other Accounting Services

Location: Cleveland, OH

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Meaden & Moore Management LTD is a limited liability company (LLC) located at 1375 East Ninth Street in Cleveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,079,791.00 in April, 2020.

$ PPP Loan Information
Loan #2602787110

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Paid in Full or Forgiven


KeyBank National Association

Meaden & Moore Management LTD in Cleveland, OH received a Paycheck Protection Loan of $2.08M through KeyBank National Association, 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 September, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Meaden & Moore Management LTD's 2019 payroll expenses are estimated to be at least $9.98M.

Based on their reported 127 jobs retained, this equals an estimated average yearly compensation of $78,606 per employee1

Reported PPP Proceed Usage:

On the PPP application, Meaden & Moore Management LTD reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,079,791
Because the loan received by Meaden & Moore Management LTD 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 - Meaden & Moore Management LTD in Cleveland, OH

Meaden & Moore Management LTD
1375 East Ninth Street
Cleveland, OH 44114

Business Industry:
Other Accounting Services
NAICS code 541219

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Cuyahoga County, OH — SBA Office 0549 — Congressional District: OH-11

Businesses Using Same Address:

There are 2 other businesses that received a PPP loan registered to the same address as Meaden & Moore Management LTD.

Carco America LLC
Printing Machinery and Equipment Manufacturing

$24,800 PPP Loan

Meaden & Moore, LLP
Offices of Certified Public Accountants

$1.18M PPP Loan

Similar Companies near Cleveland

In the Cleveland area, 17 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 127) and received an average PPP loan of $185,131 (compared to this company's $2.08M).

Industry PPP Comparison Statistics

Nationwide, 63,711 businesses in the "Other Accounting Services" industry received a total of $2.02B 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 3 employees, 98% lower than Meaden & Moore Management LTD's reported 127 employees, and received an average PPP loan of $31,751, 98% lower than this company's loan of $2.08M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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