PPP Loan Data — Omaha Broadmoor Management Company, LTD, Omaha, NE
Omaha Broadmoor Management Company, LTD is a partnership located at 809 North 96th St in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $2,362,500.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 236 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First Westroads Bank, Inc
Omaha Broadmoor Management Company, LTD in Omaha, NE received a Paycheck Protection Loan of $2.36M through First Westroads Bank, Inc, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Omaha Broadmoor Management Company, LTD's 2019 payroll expenses are estimated to be at least $11.34M.
Based on their reported 236 jobs retained, this equals an estimated average yearly compensation of $48,051 per employee1
Reported PPP Proceed Usage:
On the PPP application, Omaha Broadmoor Management Company, LTD reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,362,500
Business Information - Omaha Broadmoor Management Company, LTD in Omaha, NE
809 North 96th St
Omaha, NE 68114
Lessors of Residential Buildings and Dwellings
NAICS code 531110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Omaha
In the Omaha area, 9 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 236) and received an average PPP loan of $289,656 (compared to this company's $2.36M).
Similar Nearby Businesses Who Received PPP Funding:
Central State Property Management LLC
Martinique Properties LLC
Westwood Apartments LLC
Bass Courtyard LLC
Clifton Terrace Apartments, LLC
Twin Two Properties, LLC
Interim Holdings LLC
Industry PPP Comparison Statistics
Nationwide, 28,867 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $2.03B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 97% lower than Omaha Broadmoor Management Company, LTD's reported 236 employees, and received an average PPP loan of $70,456, 97% lower than this company's loan of $2.36M.
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Footnotes & Information
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