PPP Loan Data — Ohio State Home Services, Inc., Macedonia, OH
Ohio State Home Services, Inc. is a subchapter s corporation located at 365 Highland Rd in Macedonia, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,552,200.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 339 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF LAKEWOOD
Ohio State Home Services, Inc. in Macedonia, OH received a Paycheck Protection Loan of $2.55M through FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF LAKEWOOD, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ohio State Home Services, Inc.'s total 2019 payroll expenses were approximately $12.25M in order to qualify for the PPP loan amount received.
Based on their reported 339 jobs retained, this equals an estimated average yearly compensation of $36,137 per employee1.
Business Information - Ohio State Home Services, Inc. in Macedonia, OH
365 Highland Rd
Macedonia, OH 44056
Other Building Finishing Contractors (NAICS code 238390)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OH-14
Similar Companies near Macedonia
In the Macedonia area, 6 businesses in the "Other Building Finishing Contractors" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 339) and received an average PPP loan of $470,178 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
CJI Consulting Inc.
EZ Breathe Ventilation Systems, LLC
Custom Moulding & Millwork LLC
Gonzalez Basement Waterproofing LLC
Everdry Marketing & Management Inc.
Industry PPP Comparison Statistics
Nationwide, 7,067 businesses in the "Other Building Finishing Contractors" industry received a total of $733,532,028.00 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 8 employees, 98% lower than Ohio State Home Services, Inc.'s reported 339 employees, and received an average PPP loan of $103,797, 96% lower than this company's loan of $2.55M.
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Footnotes & Information
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