PPP Loan Data — Ifys Home Healthcare, Inc, Omaha, NE
Ifys Home Healthcare, Inc is a corporation located at 11711 Arbor St Suite 210 in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $75,200.00 in April, 2020.
The company has reported itself as a Black or african american female owned business, and employed at least eleven people during the applicable loan loan period.
$ PPP Loan Information
Ifys Home Healthcare, Inc received a Paycheck Protection Loan of $75,200 through ARBOR BANK, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Ifys Home Healthcare, Inc's total 2019 payroll expenses were approximately $360,960 in order to qualify for the PPP loan amount received.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $32,815 per employee1.
Business Information - Ifys Home Healthcare, Inc in Omaha, NE
11711 Arbor St Suite 210
Omaha, NE 68144
Home Health Care Services (NAICS code 621610)
Business Owner Demographics
Race / Ethnicity: BLACK OR AFRICAN AMERICAN
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: NE-02
Similar Companies near Omaha
In the Omaha area, 7 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 11) and received an average PPP loan of $590,807 (compared to this company's $75,200).
Similar Nearby Businesses Who Received PPP Funding:
Alfa Home Health, LLC
Visiting Nurse Association Of The Midlands
Advanced Home Health Care And Nursing, LLC
Industry PPP Comparison Statistics
Nationwide, 25,078 businesses in the "Home Health Care Services" industry received a total of $5,322,458,293.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 34 employees, 209% higher than Ifys Home Healthcare, Inc's reported 11 employees, and received an average PPP loan of $212,236, 182% higher than this company's loan of $75,200.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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