There were 33 PPP loans issued in Ohio during the week ending July 5. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Fireline, Inc. | 2020-06-29 | $1-2 million |
Buckeye on-Line School for Success | 2020-06-29 | $350,000-1 million |
CW Opco, LLC | 2020-06-29 | $350,000-1 million |
Holt Mechanical | 2020-06-29 | $350,000-1 million |
Matador Trading Group | 2020-06-29 | $350,000-1 million |
Boffice, Ltd. | 2020-06-29 | $150,000-350,000 |
Cleopatra Customs | 2020-06-29 | $150,000-350,000 |
J. A. K. In the Box, LLC | 2020-06-29 | $150,000-350,000 |
LJF Cleaning, LLC | 2020-06-29 | $150,000-350,000 |
Martin Enterprises | 2020-06-29 | $150,000-350,000 |
Professional Pool Management, LLC | 2020-06-29 | $150,000-350,000 |
RHI Construction and Retail Solutions, LLC | 2020-06-29 | $150,000-350,000 |
Gosiger Holdings, Inc. | 2020-06-30 | $5-10 million |
Thomas E. Keller Trucking, Inc. | 2020-06-30 | $2-5 million |
Colerain Animal Clinic, Inc. | 2020-06-30 | $1-2 million |
Lioness Community Care of Ohio | 2020-06-30 | $1-2 million |
Homemade Heaven, LLC | 2020-06-30 | $350,000-1 million |
Keller Logistics Group, Inc. | 2020-06-30 | $350,000-1 million |
Keller Warehousing & Company-Packing, LLC | 2020-06-30 | $350,000-1 million |
Archbishop Lyke School | 2020-06-30 | $150,000-350,000 |
Eclipse Aftermarket Group, Inc. | 2020-06-30 | $150,000-350,000 |
Ep Opco, LLC | 2020-06-30 | $150,000-350,000 |
Foundation of the Catholic Diocese of Columbus | 2020-06-30 | $150,000-350,000 |
Global Lighting Technologies, Inc. | 2020-06-30 | $150,000-350,000 |
Griffin Care, LLC | 2020-06-30 | $150,000-350,000 |
Hydrofresh, Ltd. | 2020-06-30 | $150,000-350,000 |
Keller Logistics, LLC | 2020-06-30 | $150,000-350,000 |
LP Opco, LLC | 2020-06-30 | $150,000-350,000 |
Mini Miracles Child Care Center | 2020-06-30 | $150,000-350,000 |
OH 10 Auto Group, LLC | 2020-06-30 | $150,000-350,000 |
Plank's Garden, Inc. | 2020-06-30 | $150,000-350,000 |
Special Touch Home Care | 2020-06-30 | $150,000-350,000 |
St. Thomas Aquinas School | 2020-06-30 | $150,000-350,000 |