PPP Loan Data — The Easley Group Agency LLC, Dayton, OH
The Easley Group Agency LLC is a limited liability company (LLC) located at 834 E. Main Street in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,500.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:KeyBank National Association
The Easley Group Agency LLC in Dayton, OH received a Paycheck Protection Loan of $25,500 through KeyBank National Association, which was approved in April, 2020.
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, The Easley Group Agency LLC's 2019 payroll expenses are estimated to be at least $122,400.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Easley Group Agency LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,500
Business Information - The Easley Group Agency LLC in Dayton, OH
834 E. Main Street
Dayton, OH 45426
Home Health Care Services
NAICS code 621610
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dayton
In the Dayton area, 17 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 4) and received an average PPP loan of $14,126 (compared to this company's $25,500).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B 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 15 employees, 275% higher than The Easley Group Agency LLC's reported 4 employees, and received an average PPP loan of $83,373, 227% higher than this company's loan of $25,500.
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