PPP Loan Data — Omni Pittsburgh Corporation, Pittsburgh, PA
Omni Pittsburgh Corporation is a corporation located at 530 William Pen Place in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,561,470.00 in April, 2020.
$ PPP Loan Information
Lender:AFFILIATED BANK, NATIONAL ASSOCIATION
Omni Pittsburgh Corporation in Pittsburgh, PA received a Paycheck Protection Loan of $3.56M through AFFILIATED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Omni Pittsburgh Corporation's total 2019 payroll expenses were approximately $17.1M in order to qualify for the PPP loan amount received.
Based on their reported 365 jobs retained, this equals an estimated average yearly compensation of $46,836 per employee1.
Business Information - Omni Pittsburgh Corporation in Pittsburgh, PA
530 William Pen Place
Pittsburgh, PA 15219
Hotels (except Casino Hotels) and Motels (NAICS code 721110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-18
Similar Companies near Pittsburgh
In the Pittsburgh area, 6 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 92 employees (compared to this company's 365) and received an average PPP loan of $1,086,330 (compared to this company's $3.56M).
Similar Nearby Businesses Who Received PPP Funding:
Elmpros Hotel, LLC
424 Third Ave Pittsburgh LLC
MJ Pittsburgh Dt, LLC
Bvwm Fort Pitt Trs, LLC
600 William Penn Place Associates Master Tenant, LP
Industry PPP Comparison Statistics
Nationwide, 41,528 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $6,692,184,447.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 94% lower than Omni Pittsburgh Corporation's reported 365 employees, and received an average PPP loan of $161,149, 95% lower than this company's loan of $3.56M.
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Footnotes & Information
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