Springfield, OH — PPP Loan Data

Springfield, Ohio received 2,210 Paycheck Protection Program loans totaling $157.1M. The average loan in the city was $71,069 — above the national program average of approximately $67,000.

89.3% of loans in Springfield — totaling $151.4M — 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 Springfield were OHIO VALLEY MEDICAL CENTER, LLC ($3,004,000), BENJAMIN STEEL COMPANY, INC. ($2,771,375), and TRI-STATE FOREST PRODUCTS, INC. ($2,219,300).

The most active industry sector in Springfield was Personal Care Services with 203 loans worth $2.4M, followed by Services to Buildings and Dwellings (131 loans).

Applicants in Springfield reported retaining 18,734 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.

Springfield 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.