PPP Loan Data — Phantom Fireworks Showrooms LLC, Youngstown, OH
Phantom Fireworks Showrooms LLC
Entity: Limited Liability Company (LLC)
Location: Youngstown, OHTweet This • Search All PPP Data
Phantom Fireworks Showrooms LLC is a limited liability company (LLC) located at 2445 Belmont Ave in Youngstown, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,775,312.00 in April, 2020.
$ PPP Loan Information
Lender:S & T BANK
Phantom Fireworks Showrooms LLC in Youngstown, OH received a Paycheck Protection Loan of $2.78M through S & T BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Phantom Fireworks Showrooms LLC's total 2019 payroll expenses were approximately $13.32M in order to qualify for the PPP loan amount received.
Based on their reported 169 jobs retained, this equals an estimated average yearly compensation of $78,825 per employee1.
Business Information - Phantom Fireworks Showrooms LLC in Youngstown, OH
2445 Belmont Ave
Youngstown, OH 44505
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-13
Similar Companies near Youngstown
In the Youngstown area, 7 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 169) and received an average PPP loan of $736,123 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
Phantom Fireworks Eastern Region LLC
Phantom Importing And Distributing LLC
Phantom Administrative LLC
Phantom Fireworks Western Region LLC
Phantom Fireworks Store Sales, LLC
The Supplyroom Inc.
Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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 6 employees, 96% lower than Phantom Fireworks Showrooms LLC's reported 169 employees, and received an average PPP loan of $50,641, 98% lower than this company's loan of $2.78M.
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Footnotes & Information
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