PPP Loan Data — Catholic Mutual Relief Society Of America, Omaha, NE
Catholic Mutual Relief Society Of America is a non-profit organization located at 10843 Old Mill Rd in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $4,377,400.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 242 people during the applicable loan loan period.
$ PPP Loan Information
Lender:GREAT PLAINS STATE BANK
Catholic Mutual Relief Society Of America received a Paycheck Protection Loan of $4.38M through GREAT PLAINS STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Catholic Mutual Relief Society Of America's total 2019 payroll expenses were approximately $21.01M in order to qualify for the PPP loan amount received.
Based on their reported 242 jobs retained, this equals an estimated average yearly compensation of $86,824 per employee1.
Business Information - Catholic Mutual Relief Society Of America in Omaha, NE
10843 Old Mill Rd
Omaha, NE 68154
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: NE-02
Similar Companies near Omaha
In the Omaha area, 8 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 65 employees (compared to this company's 242) and received an average PPP loan of $1,021,816 (compared to this company's $4.38M).
Similar Nearby Businesses Who Received PPP Funding:
Christ Community Church Of The Christian & Missionary Allian
St Wenceslaus Church Of Omaha
Beth Israel Synagogue
Spirit Of Faith Church
St Robert Bellarmine Church Of Omaha
St. Luke Methodist Church
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 95% lower than Catholic Mutual Relief Society Of America's reported 242 employees, and received an average PPP loan of $80,782, 98% lower than this company's loan of $4.38M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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