PPP Loan Data — Omnyon LLC, Odenton, MD
Omnyon LLC is a subchapter s corporation located at 1215 Collins Ave in Odenton, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,431,300.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Omnyon LLC in Odenton, MD received a Paycheck Protection Loan of $2.43M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Omnyon LLC's total 2019 payroll expenses were approximately $11.67M in order to qualify for the PPP loan amount received.
Based on their reported 139 jobs retained, this equals an estimated average yearly compensation of $83,959 per employee1.
Business Information - Omnyon LLC in Odenton, MD
1215 Collins Ave
Odenton, MD 21113
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-04
Similar Companies near Odenton
In the Odenton area, 7 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 139) and received an average PPP loan of $781,895 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
Pongo Interactive LLC
Seculore Solutions, LLC
Interactive Touchscreen Solutions, Inc.
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 92% lower than Omnyon LLC's reported 139 employees, and received an average PPP loan of $200,633, 92% lower than this company's loan of $2.43M.
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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