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PPP Loan Data — Shetler Moving & Storage Of Ohio, Inc., West Chester, OH

SBA PPP loan data, payroll data, and salaries for Shetler Moving & Storage Of Ohio, Inc.
OH

Shetler Moving & Storage Of Ohio, Inc.

Entity: Subchapter S Corporation

Industry: Used Household and Office Goods Moving

Location: West Chester, OH

Search All PPP Data

Shetler Moving & Storage Of Ohio, Inc. is a subchapter s corporation located at 9917 Charter Park Drive in West Chester, Ohio that received a Coronavirus-related PPP loan from the SBA of $120,892.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$120,892

Jobs Retained:

13

Loan Approved:

2020-04-27

Lender:

BANTERRA BANK

Shetler Moving & Storage Of Ohio, Inc. received a Paycheck Protection Loan of $120,892 through BANTERRA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Shetler Moving & Storage Of Ohio, Inc.'s total 2019 payroll expenses were approximately $580,282 in order to qualify for the PPP loan amount received.

Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $44,637 per employee1.

Business Information - Shetler Moving & Storage Of Ohio, Inc. in West Chester, OH

Shetler Moving & Storage Of Ohio, Inc.
9917 Charter Park Drive
West Chester, OH 45069

Business Industry

Used Household and Office Goods Moving (NAICS code 484210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-08

Similar Companies near West Chester

In the West Chester area, 2 businesses in the "Used Household and Office Goods Moving" industry received a PPP loan. These local businesses reported an average of 256 employees (compared to this company's 13) and received an average PPP loan of $3,156,672 (compared to this company's $120,892).

Similar Nearby Businesses Who Received PPP Funding:

Planes Moving & Storage, Inc.
West Chester, Oh 45069, OH

$6.19M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,016 businesses in the "Used Household and Office Goods Moving" industry received a total of $552,575,618.00 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 14 employees, 8% higher than Shetler Moving & Storage Of Ohio, Inc.'s reported 13 employees, and received an average PPP loan of $137,594, 14% higher than this company's loan of $120,892.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/shetler-moving-and-storage-of-ohio-inc-west-chester-oh