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PPP Loan Data — Jewish Federation Of Omaha, Inc, Omaha, NE

SBA PPP loan data, payroll data, and salaries for Jewish Federation Of Omaha, Inc
NE Nonprofit Organization

Jewish Federation Of Omaha, Inc

Entity: Non-profit Organization

Industry: Other Grantmaking and Giving Services

Location: Omaha, NE

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Jewish Federation Of Omaha, Inc is a non-profit organization located at 333 South 132nd St in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $3,297,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.3M

Jobs Retained:

351

Loan Approved:

2020-04-03

Lender:

UNION BANK AND TRUST COMPANY

Jewish Federation Of Omaha, Inc received a Paycheck Protection Loan of $3.3M through UNION BANK AND TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jewish Federation Of Omaha, Inc's total 2019 payroll expenses were approximately $15.83M in order to qualify for the PPP loan amount received.

Based on their reported 351 jobs retained, this equals an estimated average yearly compensation of $45,097 per employee1.

Because the loan received by Jewish Federation Of Omaha, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Jewish Federation Of Omaha, Inc in Omaha, NE

Jewish Federation Of Omaha, Inc
333 South 132nd St
Omaha, NE 68154

Business Industry

Other Grantmaking and Giving Services (NAICS code 813219)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NE-02

Industry PPP Comparison Statistics

Nationwide, 6,269 businesses in the "Other Grantmaking and Giving Services" industry received a total of $998,645,047.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 16 employees, 95% lower than Jewish Federation Of Omaha, Inc's reported 351 employees, and received an average PPP loan of $159,299, 95% lower than this company's loan of $3.3M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/jewish-federation-of-omaha-inc-omaha-ne