PPP Loan Data — Onestaff Medical, LLC, Omaha, NE
Onestaff Medical, LLC
Entity: Limited Liability Company (LLC)
Location: Omaha, NETweet This • Search All PPP Data
Onestaff Medical, LLC is a limited liability company (LLC) located at 11718 Nicholas St in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 100 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN NATIONAL BANK
Onestaff Medical, LLC in Omaha, NE received a Paycheck Protection Loan of $10M through AMERICAN NATIONAL BANK, which was approved in April, 2020.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 100 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
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 480.
Based on standard PPP eligibility rules, Onestaff Medical, LLC's total 2019 payroll expenses were approximately $48M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 100 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - Onestaff Medical, LLC in Omaha, NE
11718 Nicholas St
Omaha, NE 68154
Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: NE-02
Similar Companies near Omaha
In the Omaha area, 5 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 100) and received an average PPP loan of $2,018,275 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Transformative Healthcare LLC
Jamie Martin Massage Therapy
Let It Be Counseling LLC
Custom Hearing Solutions, LLC
Industry PPP Comparison Statistics
Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% 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, 95% lower than Onestaff Medical, LLC's reported 100 employees, and received an average PPP loan of $52,032, 99% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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