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PPP Loan Data — The Children's Home Of Cincinnati Ohio, Inc., West Chester, OH

SBA PPP loan data, payroll data, and salaries for The Children's Home Of Cincinnati Ohio, Inc.
OH Nonprofit Organization

The Children's Home Of Cincinnati Ohio, Inc.

Entity: Non-profit Organization

Industry: Child and Youth Services

Location: West Chester, OH

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The Children's Home Of Cincinnati Ohio, Inc. is a non-profit organization located at 6993 Harbour Town Dr in West Chester, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,334,094.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.33M

Jobs Retained:

396

Loan Approved:

2020-04-10

Lender:

CBANK

The Children's Home Of Cincinnati Ohio, Inc. in West Chester, OH received a Paycheck Protection Loan of $4.33M through CBANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, The Children's Home Of Cincinnati Ohio, Inc.'s total 2019 payroll expenses were approximately $20.8M in order to qualify for the PPP loan amount received.

Based on their reported 396 jobs retained, this equals an estimated average yearly compensation of $52,534 per employee1.

Because the loan received by The Children's Home Of Cincinnati Ohio, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - The Children's Home Of Cincinnati Ohio, Inc. in West Chester, OH

The Children's Home Of Cincinnati Ohio, Inc.
6993 Harbour Town Dr
West Chester, OH 45069

Business Industry

Child and Youth Services (NAICS code 624110)

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, 3 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 144 employees (compared to this company's 396) and received an average PPP loan of $1,537,048 (compared to this company's $4.33M).

Industry PPP Comparison Statistics

Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, 94% lower than The Children's Home Of Cincinnati Ohio, Inc.'s reported 396 employees, and received an average PPP loan of $191,600, 96% lower than this company's loan of $4.33M.

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.

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/the-childrens-home-of-cincinnati-ohio-inc-west-chester-oh