PPP Loan Data — Victory House LLC, Dayton, OH
Victory House LLC is a limited liability company (LLC) located at 4276 in Dayton, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,020.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Itria Ventures LLC
Victory House LLC in Dayton, OH received a Paycheck Protection Loan of $25,020 through Itria Ventures LLC, which was approved in January, 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, Victory House LLC's 2019 payroll expenses are estimated to be at least $120,096.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,016 per employee1
Reported PPP Proceed Usage:
On the PPP application, Victory House LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,019
Business Information - Victory House LLC in Dayton, OH
Dayton, OH 45415
Child and Youth Services
NAICS code 624110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Dayton
In the Dayton area, 3 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 6) and received an average PPP loan of $25,229 (compared to this company's $25,020).
Similar Nearby Businesses Who Received PPP Funding:
Hope Haven For Girls
Industry PPP Comparison Statistics
Nationwide, 14,718 businesses in the "Child and Youth Services" industry received a total of $1.94B 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 18 employees, 200% higher than Victory House LLC's reported 6 employees, and received an average PPP loan of $132,042, 428% higher than this company's loan of $25,020.
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Footnotes & Information
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