PPP Loan Data — Omaha Occupational And Speech Therapy, Omaha, NE
Omaha Occupational And Speech Therapy
Location: Omaha, NETweet This • Search All PPP Data
Omaha Occupational And Speech Therapy is a corporation located at 4699 Pine St 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
Omaha Occupational And Speech Therapy 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, Omaha Occupational And Speech Therapy's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Omaha Occupational And Speech Therapy reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Omaha Occupational And Speech Therapy in Omaha, NE
4699 Pine St
Omaha, NE 68106
Offices of Physical, Occupational and Speech Therapists, and Audiologists
NAICS code 621340
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Omaha
In the Omaha area, 7 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $57,111 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Executive Health Solutions, LLC
Listen & Be Heard LLC
Premier Therapy Associates, PC
Premier Therapy Associates
Integrated Rehab LLC
Professional Audiology & Hearing Center, Inc
Industry PPP Comparison Statistics
Nationwide, 39,529 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $2.73B 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, 100% higher than Omaha Occupational And Speech Therapy's reported 4 employees, and received an average PPP loan of $69,079, 176% higher than this company's loan of $25,000.
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