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PPP Loan Data — Online Holdings,
Greenfield, IN
Online Holdings
Entity: Subchapter S Corporation
Industry: General Freight Trucking, Local
Location: Greenfield, IN
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Online Holdings is a subchapter s corporation located at 6311 W Stoner Dr in Greenfield, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,873,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
390Loan Approved:
2020-04-05Lender:
STAR FINANCIAL BANKOnline Holdings in Greenfield, IN received a Paycheck Protection Loan of $4.87M through STAR FINANCIAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Online Holdings' total 2019 payroll expenses were approximately $23.39M in order to qualify for the PPP loan amount received.
Based on their reported 390 jobs retained, this equals an estimated average yearly compensation of $59,977 per employee1.
Business Information - Online Holdings in Greenfield, IN
6311 W Stoner Dr
Greenfield, IN 46140
Business Industry
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-06Similar Companies near Greenfield
In the Greenfield area, 5 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 81 employees (compared to this company's 390) and received an average PPP loan of $1,003,155 (compared to this company's $4.87M).
Similar Nearby Businesses Who Received PPP Funding:
Huber Enterprises, LLC
Greenfield, IN
G B M Trucking Inc
Greenfield, IN
Robert E Hurt Jr
Greenfield, IN
L H Trucking, LLC
Greenfield, IN
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Online Holdings' reported 390 employees, and received an average PPP loan of $60,879, 99% lower than this company's loan of $4.87M.
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, 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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