PPP Loan Data — SVG Greenville LLC, Dayton, OH
SVG Greenville LLC is a limited liability company (LLC) located at 400 Shoup Mill Road in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $46,075.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
SVG Greenville LLC in Dayton, OH received a Paycheck Protection Loan of $46,075 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, SVG Greenville LLC's 2019 payroll expenses are estimated to be at least $221,160.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $36,860 per employee1
Reported PPP Proceed Usage:
On the PPP application, SVG Greenville LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $34,675
- Utilities: $2,000
- Rent: $6,400
- Health Care: $3,000
Business Information - SVG Greenville LLC in Dayton, OH
400 Shoup Mill Road
Dayton, OH 45415
New Car Dealers
NAICS code 441110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dayton
In the Dayton area, 11 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 6) and received an average PPP loan of $254,084 (compared to this company's $46,075).
Similar Nearby Businesses Who Received PPP Funding:
Premier Auto Mall Inc
Evans Motorworks Ohio LLC
SVG Chevrolet LLC
SVG Management Group LLC
SVG Eaton LLC
SVG Urbana LLC
SVG Washington Court House LLC
Evans Motorworks, Inc
Industry PPP Comparison Statistics
Nationwide, 19,896 businesses in the "New Car Dealers" industry received a total of $12.31B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 52 employees, 767% higher than SVG Greenville LLC's reported 6 employees, and received an average PPP loan of $618,860, 1243% higher than this company's loan of $46,075.
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