Youngstown, OH — PPP Loan Data

Youngstown, Ohio received 5,294 Paycheck Protection Program loans totaling $396.9M. The average loan in the city was $74,972 — above the national program average of approximately $67,000.

84.1% of loans in Youngstown — totaling $382.3M — 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 Youngstown were SCHWEBEL BAKING COMPANY ($10,000,000), BRILEX TECH SERVICES, INC. ($4,123,600), and THE DEARING COMPRESSOR AND PUMP COMPANY ($3,800,900).

The most active industry sector in Youngstown was Personal Care Services with 951 loans worth $15.2M, followed by Services to Buildings and Dwellings (266 loans).

Applicants in Youngstown reported retaining 47,310 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.

Youngstown 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.