PPP Loan Data — R&J Productions, Cincinnati, OH
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R&J Productions is a corporation located at 8425 Vine Street in Cincinnati, Ohio that received a Coronavirus-related PPP loan from the SBA of $241,507.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 43 people during the applicable loan loan period.
$ PPP Loan Information
Lender:EAGLE SAVINGS BANK
R&J Productions in Cincinnati, OH received a Paycheck Protection Loan of $241,507 through EAGLE SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, R&J Productions' total 2019 payroll expenses were approximately $1.16M in order to qualify for the PPP loan amount received.
Based on their reported 43 jobs retained, this equals an estimated average yearly compensation of $26,959 per employee1.
Business Information - R&J Productions in Cincinnati, OH
8425 Vine Street
Cincinnati, OH 45216
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: OH-02
Similar Companies near Cincinnati
In the Cincinnati area, 5 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 43) and received an average PPP loan of $84,976 (compared to this company's $241,507).
Similar Nearby Businesses Who Received PPP Funding:
Auntys Homemade Food
Teddungal Futa International Market
Scherpie's Produce & Deli, Inc
El Valle Verde Supermarket LLC
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 56% lower than R&J Productions' reported 43 employees, and received an average PPP loan of $108,162, 55% lower than this company's loan of $241,507.
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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