PPP Loan Data — Viji Grant, Mount Orab, OH
Viji Grant is a sole proprietorship located at 615 W Main St in Mount Orab, Ohio that received a Coronavirus-related PPP loan from the SBA of $24,817.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Viji Grant in Mount Orab, OH received a Paycheck Protection Loan of $24,817 through Rockhold Bank, 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, Viji Grant's 2019 payroll expenses are estimated to be at least $119,122.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,707 per employee1
Reported PPP Proceed Usage:
On the PPP application, Viji Grant reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,816
- Utilities: $1
Business Information - Viji Grant in Mount Orab, OH
615 W Main St
Mount Orab, OH 45154
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 33% lower than Viji Grant's reported 3 employees, and received an average PPP loan of $22,469, 9% lower than this company's loan of $24,817.
FederalPay's PPP Information Policy
Footnotes & Information
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