PPP Loan Data — Revolution Holding LLC Hhh, Columbus, OH
Revolution Holding LLC Hhh is a limited liability company (LLC) located at 34 West Gay St. 2nd Floor in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $1,907,900.00 in April, 2020.
The company has reported itself as an American indian or alaska native male owned business, and employed at least 215 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Huntington National Bank
Revolution Holding LLC Hhh in Columbus, OH received a Paycheck Protection Loan of $1.91M through The Huntington National Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Revolution Holding LLC Hhh's 2019 payroll expenses are estimated to be at least $9.16M.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $42,595 per employee1
Reported PPP Proceed Usage:
On the PPP application, Revolution Holding LLC Hhh reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,907,900
Business Information - Revolution Holding LLC Hhh in Columbus, OH
34 West Gay St. 2nd Floor
Columbus, OH 43215
Business Owner Demographics
Race: American Indian or Alaska Native
Ethnicity: Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Revolution Holding LLC Hhh's reported 215 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $1.91M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!