PPP Loan Data — Cook Enterprises Inc, Omaha, NE
Cook Enterprises Inc is a subchapter s corporation located at 990 Nicholas St, Ste 360 in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First National Bank of Omaha
Cook Enterprises Inc in Omaha, NE received a Paycheck Protection Loan of $25,000 through First National Bank of Omaha, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Cook Enterprises Inc's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Cook Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Cook Enterprises Inc in Omaha, NE
990 Nicholas St, Ste 360
Omaha, NE 68114
NAICS code 236118
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Omaha
In the Omaha area, 17 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $19,749 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Resolute Hawk Construction
Matthew Block Construction, LLC
Lottie B. Mccormick
Hulk Contracting Services Inc
AMX Construction LLC
Omaha Construction Company LLC
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 50% higher than Cook Enterprises Inc's reported 2 employees, and received an average PPP loan of $30,405, 22% higher than this company's loan of $25,000.
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Footnotes & Information
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