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PPP Loan Data — LI-Cor Inc,
Lincoln, NE
LI-Cor Inc
Entity: Corporation
Industry: Analytical Laboratory Instrument Manufacturing
Location: Lincoln, NE
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LI-Cor Inc is a corporation located at 4647 Superior Street in Lincoln, Nebraska that received a Coronavirus-related PPP loan from the SBA of $4,715,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
296Loan Approved:
2020-04-03Lender:
UNION BANK AND TRUST COMPANYLI-Cor Inc in Lincoln, NE received a Paycheck Protection Loan of $4.72M through UNION BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, LI-Cor Inc's total 2019 payroll expenses were approximately $22.63M in order to qualify for the PPP loan amount received.
Based on their reported 296 jobs retained, this equals an estimated average yearly compensation of $76,459 per employee1.
Business Information - LI-Cor Inc in Lincoln, NE
4647 Superior Street
Lincoln, NE 68504
Business Industry
Analytical Laboratory Instrument Manufacturing (NAICS code 334516)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NE-01Industry PPP Comparison Statistics
Nationwide, 460 businesses in the "Analytical Laboratory Instrument Manufacturing" industry received a total of $141,695,161.00 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 17 employees, 94% lower than LI-Cor Inc's reported 296 employees, and received an average PPP loan of $308,033, 93% lower than this company's loan of $4.72M.
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, 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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