PPP Loan Data — Omega World Travel Inc, Fairfax, VA
Omega World Travel Inc is a subchapter s corporation located at 3102 Omega Office Park in Fairfax, Virginia that received a Coronavirus-related PPP loan from the SBA of $4,750,000.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Omega World Travel Inc in Fairfax, VA received a Paycheck Protection Loan of $4.75M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Omega World Travel Inc's total 2019 payroll expenses were approximately $22.8M in order to qualify for the PPP loan amount received.
Based on their reported 435 jobs retained, this equals an estimated average yearly compensation of $52,414 per employee1.
Business Information - Omega World Travel Inc in Fairfax, VA
3102 Omega Office Park
Fairfax, VA 22031
Travel Agencies (NAICS code 561510)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-11
Similar Companies near Fairfax
In the Fairfax area, 12 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 435) and received an average PPP loan of $470,919 (compared to this company's $4.75M).
Similar Nearby Businesses Who Received PPP Funding:
Glory Travel Inc
Aero Nepal Travels Inc.
Sentry Force Security
Keytours International Inc.
Big Lake Vacations LLC
Mongolian Travel USA, Inc
Industry PPP Comparison Statistics
Nationwide, 9,316 businesses in the "Travel Agencies" industry received a total of $500,148,248.00 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 5 employees, 99% lower than Omega World Travel Inc's reported 435 employees, and received an average PPP loan of $53,687, 99% lower than this company's loan of $4.75M.
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