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PPP Loan Data — OK Interiors Corp,
Cincinnati, OH
OK Interiors Corp
Entity: Corporation
Industry: Drywall and Insulation Contractors
Location: Cincinnati, OH
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OK Interiors Corp is a corporation located at 11100 Ashburn Rd in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,219,100.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-04Lender:
STOCK YARDS BANK & TRUST COMPANYOK Interiors Corp received a Paycheck Protection Loan of $4.22M through STOCK YARDS BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, OK Interiors Corp's total 2019 payroll expenses were approximately $20.25M in order to qualify for the PPP loan amount received.
Unlike most businesses, OK Interiors Corp's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - OK Interiors Corp in Cincinnati, OH
11100 Ashburn Rd
Cincinnati, OH 45240
Business Industry
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: OH-01Similar Companies near Cincinnati
In the Cincinnati area, 3 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 0) and received an average PPP loan of $1,470,120 (compared to this company's $4.22M).
Similar Nearby Businesses Who Received PPP Funding:
Insulating Sales Co
Cincinnati, OH
Cincinnati Retrofoam, LLC
Cincinnati, OH
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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 14 employees, and received an average PPP loan of $192,711, 95% lower than this company's loan of $4.22M.
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.
Footnotes & Information
1. 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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