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    599 Scioto County Businesses Got $65 Million in PPP Money

    2021-01-31

    https://img.particlenews.com/image.php?url=3FUhDW_0YTUmqE600

    As mentioned in the previous report, not every local business that received a PPP loan has abused it.

    The intent of the program, overall, was honorable. Those who were funded, overall, were honorable.

    Under open government transparency guidelines, information on recipients of the 2020 Paycheck Protection Program by the US Small Business Administration (SBA) is a matter of public record.

    The Glockner Chevrolet Company $3,739,400

    Osco Industries Inc $3,668,700

    Portsmouth Emergency Ambulance Service Inc $3,629,900

    Scioto County Counseling Center, Inc. $3,372,730

    Wendschmidt Wv Inc. $2,059,352

    Shawnee Mental Health Center, Inc. $1,498,100

    Hill View Retirement Center $1,376,700

    Appalachian Wood Floors, Inc. $1,121,900

    Jags, Inc. $1,017,800

    Genesis Respiratory Services, Inc $1,010,818

    Vinyl Kraft, Inc $994,150

    Lute Supply, Inc. $898,170

    Mechanical Construction Company $802,185

    Sciotoville Community College $716,407

    Jars I Inc $622,642

    Portsmouth Healthcare LLC $601,219

    CT Ohio Portsmouth, LLC $581,791

    JAY Hash LLC $541,100

    Wendschmidt Ky, Inc $511,965

    Compass Community Health $510,800

    Shawnee Animal Clinic, Inc. $466,835

    J & H Reinforcing & Structural Erectors, $452,047

    Interim Healthcare Services, Inc. $364,280

    Schmidt Family Restaurant Group Inc $363,960

    Transportation Billing Network LLC $351,000

    Delmas Conley Trucking Of Ohio, Inc $335,770

    Wendschmidt Oh, Inc. $310,600

    Scioto Shoe Mart Inc. $293,237

    Star Inc $285,485

    Portsmouth Communications Inc. $271,100

    We have the complete list of Scioto County Businesses and the amounts they received available for free and instant download right here.

    You can report suspected fraud, waste, abuse, or mismanagement of federal funds to (800) 767-0385. In addition, you can click here to submit an online complaint with the office of the Inspector General.

    There are other businesses in Scioto County that are not based locally. Those companies and numbers aren't listed here. So, this list is the lowest and most conservative number of Federal PPP money that has flooded into our county.

    The PPP loans were designed to provide assistance for small businesses to keep their workers on the payroll. PPP loans were calculated based on 2.5 times monthly payroll costs. These loans have several options of repayment. This includes deferment and even loan forgiveness.

    In order to qualify for loan forgiveness, the business must use it for eligible expenses, retain employee headcount and not reduce an employee's wages by more than 25%.

    The Small Business Administration has updated (version 6 as of 01/19/21) the loan forgiveness application. The most current application is available here.

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    Comments / 3
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    Marcia Adams
    2021-02-03
    Nearly $3,000,000.00 for Wendy’s at mostly minimum wage jobs ! That’s a lot of cold screwed up order hamburgers !!
    Frank Maynard
    2021-01-31
    how much did the politicians get
    View all comments
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