Uncover Columbus Ohio's PPP Loan Secrets: A Treasure Trove of Insights

The Paycheck Protection Program (PPP) was a loan program created by the U.S. government in response to the economic impact of the COVID-19 pandemic. The program provided loans to small businesses and other eligible entities to help them keep their employees on the payroll.

The PPP loan list Columbus Ohio is a list of businesses in Columbus, Ohio that received PPP loans. The list includes the name of the business, the amount of the loan, and the date the loan was approved. The list is available to the public and can be used to research businesses that received PPP loans.

The PPP loan program was an important tool for helping businesses stay afloat during the pandemic. The loans helped businesses keep their employees on the payroll and avoid layoffs. The program also helped to stimulate the economy by providing businesses with the capital they needed to continue operating.

The PPP loan list Columbus Ohio is a valuable resource for researchers and businesses. The list can be used to track the impact of the PPP loan program in Columbus, Ohio and to identify businesses that may need additional assistance.

PPP Loan List Columbus Ohio

The PPP Loan List Columbus Ohio is a valuable resource for researchers and businesses. The list can be used to track the impact of the PPP loan program in Columbus, Ohio and to identify businesses that may need additional assistance. Here are 10 key aspects of the PPP loan list:

• Business Name
• Loan Amount
• Approval Date
• NAICS Code
• Business Address
• Number of Employees
• Loan Status
• Forgiveness Amount
• Forgiveness Date
• Job Retained

These aspects provide a comprehensive view of the PPP loans that were distributed in Columbus, Ohio. The data can be used to analyze the impact of the program on businesses of different sizes and industries. It can also be used to identify businesses that may need additional assistance, such as those that have not yet received forgiveness for their loans.

Business Name

The "Business Name" is a critical component of the "PPP Loan List Columbus Ohio" because it identifies the recipient of the loan. The name of the business is used to track the loan throughout its lifecycle, from approval to forgiveness. The business name is also used to identify the business in the event of an audit or other review of the PPP loan program.

For example, if a business named "XYZ Company" receives a PPP loan, the name of the business will be listed on the PPP Loan List Columbus Ohio. This will allow researchers and other interested parties to track the status of the loan and to contact the business if necessary.

The business name is also important for practical reasons. When a business applies for a PPP loan, it must provide its legal name. This name must match the name of the business that is listed on the PPP Loan List Columbus Ohio. If the names do not match, the business may experience delays in receiving its loan or may even be denied the loan altogether.

Loan Amount

The "Loan Amount" is a critical component of the "PPP Loan List Columbus Ohio" because it determines the amount of financial assistance that a business receives. The loan amount is based on a number of factors, including the business's payroll costs, number of employees, and economic need. The loan amount is also subject to a maximum limit, which was set at $10 million for most businesses.

For example, a business with 100 employees and monthly payroll costs of $500,000 would be eligible for a PPP loan of up to $5 million. However, if the business had already received a loan under the Economic Injury Disaster Loan (EIDL) program, the maximum loan amount would be reduced by the amount of the EIDL loan.

The loan amount is important for a number of reasons. First, it determines the amount of financial assistance that a business receives. This assistance can be used to cover payroll costs, rent, utilities, and other essential expenses. Second, the loan amount can affect the terms of the loan, such as the interest rate and repayment period. Third, the loan amount can be used to track the impact of the PPP loan program on businesses in Columbus, Ohio.

Approval Date

The "Approval Date" is a critical component of the "PPP Loan List Columbus Ohio" because it determines when a business received its loan. The approval date is important for a number of reasons.

First, the approval date determines the start of the loan forgiveness period. Businesses have up to 24 weeks from the date of their loan approval to use the funds for eligible expenses. After the 24-week period ends, businesses must begin repaying their loans.

Second, the approval date can affect the terms of the loan. For example, businesses that received their loans early in the program may have received more favorable interest rates and repayment terms.

Third, the approval date can be used to track the impact of the PPP loan program on businesses in Columbus, Ohio. By tracking the number of loans approved each month, researchers can get a sense of how the program is helping businesses stay afloat during the COVID-19 pandemic.

NAICS Code

The "NAICS Code" is a critical component of the "PPP Loan List Columbus Ohio" because it classifies businesses according to their industry. The NAICS code is used to track the distribution of PPP loans across different industries and to identify businesses that may be eligible for additional assistance.

For example, a business with a NAICS code of 519190 is classified as a "pet grooming and boarding" business. This information can be used to track the number of PPP loans that have been approved for pet grooming and boarding businesses in Columbus, Ohio. It can also be used to identify pet grooming and boarding businesses that may need additional assistance, such as those that have not yet received forgiveness for their loans.

The NAICS code is important for a number of reasons. First, it provides a way to track the distribution of PPP loans across different industries. This information can be used to identify industries that have been particularly hard hit by the COVID-19 pandemic and to target assistance to those industries. Second, the NAICS code can be used to identify businesses that may be eligible for additional assistance. For example, the Small Business Administration (SBA) has created a number of programs to help businesses that have been impacted by the pandemic. These programs are available to businesses of all sizes, but some programs are specifically targeted to businesses in certain industries. By using the NAICS code, the SBA can identify businesses that may be eligible for these programs.

Business Address

The "Business Address" is a critical component of the "PPP Loan List Columbus Ohio" because it identifies the physical location of the business. The business address is used to determine the eligibility of the business for the PPP loan program and to track the distribution of PPP loans across different geographic areas.

• Location and Eligibility
  

  The business address is used to determine the eligibility of the business for the PPP loan program. Businesses that are located in Columbus, Ohio are eligible to apply for a PPP loan. The business address must be a physical location where the business operates. Businesses that are located in a virtual office or that do not have a physical presence in Columbus, Ohio are not eligible for a PPP loan.

• Tracking and Analysis
  

  The business address is used to track the distribution of PPP loans across different geographic areas. The PPP Loan List Columbus Ohio can be used to identify the number of PPP loans that have been approved for businesses in different neighborhoods, zip codes, and census tracts. This information can be used to identify areas that have been particularly hard hit by the COVID-19 pandemic and to target assistance to those areas.

• Business Operations
  

  The business address is also important for business operations. The business address is used to send correspondence, receive deliveries, and meet with customers and clients. A well-maintained business address can help businesses to project a professional image and to attract new customers.

• PPP Loan Forgiveness
  

  The business address is also used to determine the eligibility of the business for PPP loan forgiveness. Businesses that use the PPP loan proceeds for eligible expenses, such as payroll costs, rent, and utilities, may be eligible for forgiveness of the loan. The business address is used to verify that the business is located in the United States and that it is operating at the same location as it was when it received the PPP loan.

The business address is a critical component of the PPP Loan List Columbus Ohio. It is used to determine the eligibility of the business for the PPP loan program, to track the distribution of PPP loans across different geographic areas, and to facilitate business operations. Businesses that are located in Columbus, Ohio should carefully review the PPP loan requirements to ensure that they are eligible for the program.

Number of Employees

The "Number of Employees" is a critical component of the "PPP Loan List Columbus Ohio" because it is a key factor in determining the amount of the loan that a business is eligible to receive. The number of employees is also used to track the distribution of PPP loans across different businesses and industries.

Businesses with more employees are generally eligible to receive larger PPP loans. This is because the PPP loan program is designed to help businesses keep their employees on the payroll during the COVID-19 pandemic. The number of employees is also used to calculate the maximum loan amount that a business can receive. The maximum loan amount is equal to 2.5 times the average monthly payroll costs of the business.

The number of employees is an important component of the PPP Loan List Columbus Ohio because it provides insights into the impact of the pandemic on different businesses. By tracking the number of PPP loans that are approved for businesses with different numbers of employees, we can get a sense of which businesses are being most affected by the pandemic. This information can be used to target assistance to businesses that are most in need.

Loan Status

The "Loan Status" is a critical component of the "PPP Loan List Columbus Ohio" because it provides information about the current status of each loan. The loan status can be used to track the progress of the loan application process, to identify loans that have been approved or denied, and to monitor the repayment status of loans that have been disbursed.

The loan status is also important for research and analysis. By tracking the loan status of PPP loans in Columbus, Ohio, researchers can get a sense of the overall impact of the PPP loan program on businesses in the area. This information can be used to identify trends, to evaluate the effectiveness of the program, and to make recommendations for improvements.

Here are some examples of how the loan status can be used to understand the PPP loan program in Columbus, Ohio:

• Approved loans: The number of approved loans can be used to track the demand for PPP loans in Columbus, Ohio. This information can be used to identify businesses that are most in need of financial assistance.
• Denied loans: The number of denied loans can be used to identify businesses that are struggling to access capital. This information can be used to target assistance to businesses that are most at risk of closing.
• Disbursed loans: The number of disbursed loans can be used to track the amount of financial assistance that is actually reaching businesses in Columbus, Ohio. This information can be used to evaluate the effectiveness of the PPP loan program.
• Repaid loans: The number of repaid loans can be used to track the repayment rate of PPP loans. This information can be used to identify businesses that are struggling to repay their loans and may need additional assistance.

The loan status is a critical component of the PPP Loan List Columbus Ohio. It provides valuable information about the current status of each loan, which can be used to track the progress of the loan application process, to identify loans that have been approved or denied, and to monitor the repayment status of loans that have been disbursed. This information is essential for research and analysis, and it can be used to understand the overall impact of the PPP loan program on businesses in Columbus, Ohio.

Forgiveness Amount

The "Forgiveness Amount" is a critical component of the "PPP Loan List Columbus Ohio" because it represents the amount of the loan that a business does not have to repay. The forgiveness amount is determined by a number of factors, including the business's use of the loan proceeds, the number of employees that the business retained, and the business's revenue during the covered period.

The forgiveness amount is important for a number of reasons. First, it provides businesses with a significant incentive to use the PPP loan proceeds for eligible expenses, such as payroll costs, rent, and utilities. Second, the forgiveness amount helps to ensure that businesses can retain their employees and continue operating during the COVID-19 pandemic. Third, the forgiveness amount can help to stimulate the economy by providing businesses with the capital they need to invest and grow.

Here are two examples of how the forgiveness amount can help businesses in Columbus, Ohio:

• A small business with 10 employees receives a PPP loan of $100,000. The business uses the loan proceeds to pay its employees' salaries, rent, and utilities. The business retains all of its employees and experiences no decline in revenue during the covered period. As a result, the business is eligible for full forgiveness of its PPP loan.
• A large business with 500 employees receives a PPP loan of $5 million. The business uses the loan proceeds to pay its employees' salaries, rent, and utilities. However, the business experiences a 20% decline in revenue during the covered period. As a result, the business is only eligible for partial forgiveness of its PPP loan.

The forgiveness amount is a critical component of the PPP Loan List Columbus Ohio. It provides businesses with a significant incentive to use the PPP loan proceeds for eligible expenses, helps to ensure that businesses can retain their employees and continue operating during the COVID-19 pandemic, and can help to stimulate the economy by providing businesses with the capital they need to invest and grow.

Forgiveness Date

The "Forgiveness Date" is a critical component of the "PPP Loan List Columbus Ohio" because it represents the date on which the Small Business Administration (SBA) forgives the loan. The forgiveness date is important for a number of reasons.

• Loan Forgiveness
  

  The forgiveness date is the date on which the SBA forgives the PPP loan. This means that the business does not have to repay the loan. The forgiveness date is typically 8 weeks after the end of the covered period.

• Business Planning
  

  The forgiveness date is an important factor for businesses to consider when planning their finances. Businesses need to know when the loan will be forgiven so that they can plan for the repayment of any remaining balance.

• Economic Impact
  

  The forgiveness date can have a significant impact on the economy. When businesses receive forgiveness for their PPP loans, they are able to use the funds to invest and grow their businesses. This can lead to job creation and economic growth.

• Tracking and Analysis
  

  The forgiveness date is also important for tracking and analysis. Researchers can use the forgiveness date to track the progress of the PPP loan program and to evaluate its effectiveness.

The forgiveness date is a critical component of the PPP Loan List Columbus Ohio. It is important for businesses, researchers, and policymakers to understand the forgiveness date and its implications.

Job Retained

The "Job Retained" metric is a critical component of the "PPP Loan List Columbus Ohio" because it measures the number of jobs that have been retained as a result of the PPP loan program. The job retention metric is important for a number of reasons:

• Economic Impact
  

  The job retention metric is a key indicator of the economic impact of the PPP loan program. By tracking the number of jobs that have been retained, we can get a sense of how the program is helping to keep people employed and prevent mass layoffs.

• Business Success
  

  The job retention metric is also a measure of business success. Businesses that are able to retain their employees are more likely to be successful in the long run. This is because retaining employees reduces turnover costs, improves morale, and fosters a sense of loyalty and commitment.

• Policy Evaluation
  

  The job retention metric can be used to evaluate the effectiveness of the PPP loan program. By tracking the number of jobs that have been retained, we can get a sense of whether the program is meeting its goals and objectives.

The job retention metric is a critical component of the PPP Loan List Columbus Ohio. It is an important indicator of the economic impact of the PPP loan program, a measure of business success, and a tool for policy evaluation.

FAQs

This section provides answers to frequently asked questions about the PPP Loan List Columbus Ohio.

Question 1: What is the PPP Loan List Columbus Ohio?

The PPP Loan List Columbus Ohio is a list of businesses in Columbus, Ohio that received PPP loans. The list includes the name of the business, the amount of the loan, and the date the loan was approved.

Question 2: Why was the PPP Loan List Columbus Ohio created?

The PPP Loan List Columbus Ohio was created to provide transparency and accountability in the distribution of PPP loans. The list allows the public to see which businesses received PPP loans and how much they received.

Question 3: How can I access the PPP Loan List Columbus Ohio?

The PPP Loan List Columbus Ohio is available on the website of the Small Business Administration (SBA). You can access the list by clicking on the following link: [Link to PPP Loan List Columbus Ohio]

Question 4: What information is included in the PPP Loan List Columbus Ohio?

The PPP Loan List Columbus Ohio includes the following information:

• Business Name
• Loan Amount
• Approval Date
• NAICS Code
• Business Address
• Number of Employees
• Loan Status
• Forgiveness Amount
• Forgiveness Date
• Job Retained

Question 5: How can I use the PPP Loan List Columbus Ohio?

The PPP Loan List Columbus Ohio can be used for a variety of purposes, including:

• Researching the distribution of PPP loans in Columbus, Ohio
• Identifying businesses that may need additional assistance
• Tracking the progress of the PPP loan program
• Evaluating the effectiveness of the PPP loan program

Question 6: Where can I get more information about the PPP loan program?

You can get more information about the PPP loan program by visiting the website of the Small Business Administration (SBA). You can also contact your local SBA office for assistance.

Summary

The PPP Loan List Columbus Ohio is a valuable resource for researchers, businesses, and policymakers. The list provides transparency and accountability in the distribution of PPP loans and can be used to track the progress and effectiveness of the PPP loan program.

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Tips for PPP Loan List Columbus Ohio

The PPP Loan List Columbus Ohio is a valuable resource for businesses and researchers. The list can be used to track the distribution of PPP loans in Columbus, Ohio, and to identify businesses that may need additional assistance. Here are five tips for using the PPP Loan List Columbus Ohio:

Tip 1: Use the search function to find specific businesses.
The PPP Loan List Columbus Ohio includes a search function that allows users to search for specific businesses by name, address, or NAICS code. This function can be used to quickly and easily find information about a particular business.

Tip 2: Use the filters to narrow down your search results.
The PPP Loan List Columbus Ohio includes a number of filters that can be used to narrow down your search results. These filters include loan amount, approval date, and loan status. By using the filters, you can quickly and easily find the information you are looking for.

Tip 3: Export the data to a spreadsheet or CSV file.
The PPP Loan List Columbus Ohio allows users to export the data to a spreadsheet or CSV file. This function can be used to easily share the data with others or to conduct further analysis.

Tip 4: Use the data to identify businesses that may need additional assistance.
The PPP Loan List Columbus Ohio can be used to identify businesses that may need additional assistance. For example, you can use the list to identify businesses that have received a small PPP loan or that have a high number of employees. By identifying these businesses, you can provide them with the support they need to survive the COVID-19 pandemic.

Tip 5: Use the data to track the progress of the PPP loan program.
The PPP Loan List Columbus Ohio can be used to track the progress of the PPP loan program. By tracking the number of loans that have been approved and the amount of money that has been disbursed, you can get a sense of how the program is helping businesses in Columbus, Ohio.

Summary

The PPP Loan List Columbus Ohio is a valuable resource for businesses and researchers. By following these tips, you can use the list to its full potential.

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Conclusion

The PPP Loan List Columbus Ohio is a valuable resource for researchers and businesses. The list provides a comprehensive overview of the PPP loans that were distributed in Columbus, Ohio, and can be used to track the impact of the program on businesses in the area. The list can also be used to identify businesses that may need additional assistance.

The PPP loan program has been a critical lifeline for many businesses during the COVID-19 pandemic. The loans have helped businesses to keep their employees on the payroll and avoid layoffs. The program has also helped to stimulate the economy by providing businesses with the capital they need to continue operating.

The PPP Loan List Columbus Ohio is a valuable tool for understanding the impact of the PPP loan program in Columbus, Ohio. The list can be used to track the progress of the program, to identify businesses that may need additional assistance, and to evaluate the effectiveness of the program.