There were 45 PPP loans issued in Ohio during the week ending June 21. 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 |
|---|---|---|
| The RDI Corporation | 2020-06-15 | $5-10 million |
| Arena Management Holdings, LLC | 2020-06-15 | $350,000-1 million |
| Sarah Cole | 2020-06-15 | $350,000-1 million |
| Bullwinkles Cbus, LLC | 2020-06-15 | $150,000-350,000 |
| CPI Industrial Company | 2020-06-15 | $150,000-350,000 |
| Kennedy INK Company | 2020-06-15 | $150,000-350,000 |
| O'Brien Construction, Inc. | 2020-06-15 | $150,000-350,000 |
| Remedial Health Care Services, LLC | 2020-06-15 | $150,000-350,000 |
| Segna, Inc. | 2020-06-15 | $150,000-350,000 |
| Pinnacle One Dental Group: DRS. Faust, Arnett, Gawrych, Huesman | 2020-06-16 | $1-2 million |
| Great Trade, LLC | 2020-06-16 | $350,000-1 million |
| Intervention for Peace, Inc. | 2020-06-16 | $350,000-1 million |
| Fredrick Welding, Inc. | 2020-06-16 | $150,000-350,000 |
| GNC Truck and Trailer Repair, LLC | 2020-06-16 | $150,000-350,000 |
| Hernandez Piping, Inc. | 2020-06-16 | $150,000-350,000 |
| Scribes and Scribblers Child Development Center, Inc. | 2020-06-16 | $150,000-350,000 |
| St. Francis DE Sales | 2020-06-16 | $150,000-350,000 |
| Studio Eleven, Inc. | 2020-06-16 | $150,000-350,000 |
| Strawberry Wings, Inc. | 2020-06-17 | $350,000-1 million |
| Valley View Manor Nursing Home, Inc. | 2020-06-17 | $350,000-1 million |
| Fast Ball Trucking, Inc. | 2020-06-17 | $150,000-350,000 |
| Kenneth Charles Investments, LLC | 2020-06-17 | $150,000-350,000 |
| Liberty Services, Inc. | 2020-06-17 | $150,000-350,000 |
| Marik Spring, Inc. | 2020-06-17 | $150,000-350,000 |
| Premier Gold, Silver and Coin Association, LLC | 2020-06-17 | $150,000-350,000 |
| R and T Sheet Metal Fabricators, Inc. | 2020-06-17 | $150,000-350,000 |
| Tl-Service Center | 2020-06-17 | $150,000-350,000 |
| South Central Power Company | 2020-06-18 | $2-5 million |
| Faulkner, Garmhausen, Keister & Schenk, a Legal Professional Association | 2020-06-18 | $350,000-1 million |
| 8350 Lyra Drive, LLC | 2020-06-18 | $150,000-350,000 |
| Advanced Cardiovascular Consultants, Inc. | 2020-06-18 | $150,000-350,000 |
| Bishop Leibold School | 2020-06-18 | $150,000-350,000 |
| Codeworks, LLC | 2020-06-18 | $150,000-350,000 |
| Ebner Properties | 2020-06-18 | $150,000-350,000 |
| Hawthorn Education Holdings, LLC | 2020-06-18 | $150,000-350,000 |
| Pacific Home Care, LLC | 2020-06-18 | $150,000-350,000 |
| Sealtech Caulking & Restoration, Inc. | 2020-06-18 | $150,000-350,000 |
| Meritra Clinics, LLC | 2020-06-19 | $350,000-1 million |
| Winegardner & Hammons Hotel Group, LLC | 2020-06-19 | $350,000-1 million |
| Addison Transportation, Inc. | 2020-06-19 | $150,000-350,000 |
| Bell Music Company | 2020-06-19 | $150,000-350,000 |
| Dehoff FGL, Inc. | 2020-06-19 | $150,000-350,000 |
| Mercy Home Healthcare Services, LLC | 2020-06-19 | $150,000-350,000 |
| Ronald Anderson | 2020-06-19 | $150,000-350,000 |
| The Interactive Broker, LLC | 2020-06-20 | $1-2 million |
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