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PPP Loan Data — Robertson Heating Supply Co. Of Ohio,
Alliance, OH
Robertson Heating Supply Co. Of Ohio
Entity: Subchapter S Corporation
Industry: Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
Location: Alliance, OH
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Robertson Heating Supply Co. Of Ohio is a subchapter s corporation located at 2155 West Main Street in Alliance, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,730,374.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-11Lender:
THE HUNTINGTON NATIONAL BANKRobertson Heating Supply Co. Of Ohio in Alliance, OH received a Paycheck Protection Loan of $3.73M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Robertson Heating Supply Co. Of Ohio's total 2019 payroll expenses were approximately $17.91M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $71,623 per employee1.
Business Information - Robertson Heating Supply Co. Of Ohio in Alliance, OH
2155 West Main Street
Alliance, OH 44601
Business Industry
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers (NAICS code 423730)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERAN
Congressional District: OH-13Similar Companies near Alliance
In the Alliance area, 2 businesses in the "Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 128 employees (compared to this company's 250) and received an average PPP loan of $1,900,737 (compared to this company's $3.73M).
Similar Nearby Businesses Who Received PPP Funding:
Mcgarvey Heating Inc
Alliance, OH
Industry PPP Comparison Statistics
Nationwide, 1,396 businesses in the "Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers" industry received a total of $430,484,287.00 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, 92% lower than Robertson Heating Supply Co. Of Ohio's reported 250 employees, and received an average PPP loan of $308,370, 92% lower than this company's loan of $3.73M.
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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