New albany, OH — PPP Loan Data

New albany, Ohio received 894 Paycheck Protection Program loans totaling $76.9M. The average loan in the city was $85,964 — above the national program average of approximately $67,000.

93.7% of loans in New albany — totaling $74.8M — 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 New albany were THIRTY-ONE GIFTS, LLC ($10,000,000), JHT WALLICK HOLDINGS LLC ($3,378,300), and RED ROOF FRANCHISING, LLC ($3,084,300).

The most active industry sector in New albany was Management, Scientific, and Technical Consulting Services with 57 loans worth $2.2M, followed by Offices of Real Estate Agents and Brokers (42 loans).

Applicants in New albany reported retaining 8,431 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.

New albany 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.