PPP Loan Data — The Smith And Oby Holding Co, Walton Hills, OH
The Smith And Oby Holding Co
Location: Walton Hills, OHTweet This • Search All PPP Data
The Smith And Oby Holding Co is a corporation located at 7676 Northfield Rd in Walton Hills, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,497,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
The Smith And Oby Holding Co received a Paycheck Protection Loan of $4.5M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Smith And Oby Holding Co's total 2019 payroll expenses were approximately $21.59M in order to qualify for the PPP loan amount received.
Based on their reported 307 jobs retained, this equals an estimated average yearly compensation of $70,318 per employee1.
Business Information - The Smith And Oby Holding Co in Walton Hills, OH
7676 Northfield Rd
Walton Hills, OH 44146
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Similar Companies near Walton Hills
In the Walton Hills area, 27 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 307) and received an average PPP loan of $314,423 (compared to this company's $4.5M).
Similar Nearby Businesses Who Received PPP Funding:
Bush Plumbing And Heating Repairs Inc
Schweizer Dipple, Inc
Oakwood Village, OH
ARP Heating 6; Air Conditioning, Inc
Broadview Heights, OH
S-T Acquisition Company, LLC
American Plumbing Inc.
JD's Plumbing LLC
MAP Construction LLC
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 96% lower than The Smith And Oby Holding Co's reported 307 employees, and received an average PPP loan of $154,981, 97% lower than this company's loan of $4.5M.
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