PPP Loan Data — On With Life, Inc., Ankeny, IA
On With Life, Inc.
Entity: Non-profit Organization
Location: Ankeny, IATweet This • Search All PPP Data
On With Life, Inc. is a non-profit organization located at 715 Sw Ankeny Rd in Ankeny, Iowa that received a Coronavirus-related PPP loan from the SBA of $2,458,497.00 in April, 2020.
The company has reported itself as a White male owned non-profit, and employed at least 222 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK AMES, IOWA
On With Life, Inc. received a Paycheck Protection Loan of $2.46M through FIRST NATIONAL BANK AMES, IOWA, which was approved in April, 2020.
Based on standard PPP eligibility rules, On With Life, Inc.'s total 2019 payroll expenses were approximately $11.8M in order to qualify for the PPP loan amount received.
Based on their reported 222 jobs retained, this equals an estimated average yearly compensation of $53,157 per employee1.
Business Information - On With Life, Inc. in Ankeny, IA
715 Sw Ankeny Rd
Ankeny, IA 50023
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: IA-03
Similar Companies near Ankeny
In the Ankeny area, 2 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 147 employees (compared to this company's 222) and received an average PPP loan of $1,556,869 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Ankeny Health Care Enterprises, LLC
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 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 66 employees, 70% lower than On With Life, Inc.'s reported 222 employees, and received an average PPP loan of $557,944, 77% lower than this company's loan of $2.46M.
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