PPP Loan Data — Ohio Valley Flooring Inc, Cincinnati, OH
Ohio Valley Flooring Inc
Entity: Subchapter S Corporation
Location: Cincinnati, OHTweet This • Search All PPP Data
Ohio Valley Flooring Inc is a subchapter s corporation located at 5555 Murray Ave in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,465,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Ohio Valley Flooring Inc received a Paycheck Protection Loan of $2.47M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ohio Valley Flooring Inc's total 2019 payroll expenses were approximately $11.83M in order to qualify for the PPP loan amount received.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $66,483 per employee1.
Business Information - Ohio Valley Flooring Inc in Cincinnati, OH
5555 Murray Ave
Cincinnati, OH 45227
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS code 424990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-02
Industry PPP Comparison Statistics
Nationwide, 8,398 businesses in the "Other Miscellaneous Nondurable Goods Merchant Wholesalers" industry received a total of $907,670,921.00 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 10 employees, 94% lower than Ohio Valley Flooring Inc's reported 178 employees, and received an average PPP loan of $108,082, 96% lower than this company's loan of $2.47M.
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Footnotes & Information
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