Beachwood, OH — PPP Loan Data

Beachwood, Ohio received 1,718 Paycheck Protection Program loans totaling $190.9M. The average loan in the city was $111,132 — above the national program average of approximately $67,000.

95.4% of loans in Beachwood — totaling $183.0M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Beachwood were EMBASSY HEALTHCARE HOLDINGS, INC. ($6,418,561), THERMAL PRODUCT SOLUTIONS HOLDINGS, INC. ($4,774,200), and GOLDBERG COMPANIES, INC. ($4,020,637).

The most active industry sector in Beachwood was Legal Services with 119 loans worth $8.6M, followed by Personal Care Services (113 loans).

Applicants in Beachwood reported retaining 20,604 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Beachwood is part of Ohio, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.