ND

Oncore, LLC

Entity: Limited Liability Company (LLC)

Industry: Custom Computer Programming Services

Location: Fargo, ND

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Oncore, LLC is a limited liability company (LLC) located at 325 7th St. S. #300 in Fargo, North Dakota that received a Coronavirus-related PPP loan from the SBA of $172,500.00 in April, 2020.

The company has reported itself as a White owned business, and employed at least nine people during the applicable loan loan period.

$ PPP Loan Information

Oncore, LLC received a Paycheck Protection Loan of $172,500 through VANTAGE BANK, which was approved in April, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Oncore, LLC's total 2019 payroll expenses were approximately $828,000 in order to qualify for the PPP loan amount received.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $92,000 per employee¹.

Business Information - Oncore, LLC in Fargo, ND

Similar Companies near Fargo

In the Fargo area, 13 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 9) and received an average PPP loan of $318,069 (compared to this company's $172,500).

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, 22% higher than Oncore, LLC's reported 9 employees, and received an average PPP loan of $200,633, 16% higher than this company's loan of $172,500.