PPP Loan Data — The Children's Home Of Cincinnati Ohio, Inc., West Chester, OH
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
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.
Business Information - The Children's Home Of Cincinnati Ohio, Inc. in West Chester, OH
6993 Harbour Town Dr
West Chester, OH 45069
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
Focus On Youth, Inc.
West Chester, OH
Omega Mentoring Youth
West Chester, OH
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!