PPP Loan Data — Microman Inc, Dublin, OH
Entity: Subchapter S Corporation
Location: Dublin, OHTweet This • Search All PPP Data
Microman Inc is a subchapter s corporation located at 4393-a Tuller Rd in Dublin, Ohio that received a Coronavirus-related PPP loan from the SBA of $1,613,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Middlefield Banking Company
Microman Inc in Dublin, OH received a Paycheck Protection Loan of $1.61M through The Middlefield Banking Company, 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 May, 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, Microman Inc's 2019 payroll expenses are estimated to be at least $7.75M.
Based on their reported 93 jobs retained, this equals an estimated average yearly compensation of $83,298 per employee1
Reported PPP Proceed Usage:
On the PPP application, Microman Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,613,900
Business Information - Microman Inc in Dublin, OH
4393-a Tuller Rd
Dublin, OH 43017
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
NAICS code 423430
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dublin
In the Dublin area, 4 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 93) and received an average PPP loan of $543,520 (compared to this company's $1.61M).
Similar Nearby Businesses Who Received PPP Funding:
C&C Professinals LLC
Xtek Partners, Inc
Industry PPP Comparison Statistics
Nationwide, 4,479 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $695.57M 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 12 employees, 87% lower than Microman Inc's reported 93 employees, and received an average PPP loan of $155,296, 90% lower than this company's loan of $1.61M.
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Footnotes & Information
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