PPP Loan Data — The Ambassador Omaha, Inc, Omaha, NE
The Ambassador Omaha, Inc
Entity: Subchapter S Corporation
Location: Omaha, NETweet This • Search All PPP Data
The Ambassador Omaha, Inc is a subchapter s corporation located at 1540 N 72nd St in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $2,051,712.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First National Bank of Omaha
The Ambassador Omaha, Inc in Omaha, NE received a Paycheck Protection Loan of $2.05M through First National Bank of Omaha, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, The Ambassador Omaha, Inc's 2019 payroll expenses are estimated to be at least $9.85M.
Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $51,833 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Ambassador Omaha, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,051,712
Business Information - The Ambassador Omaha, Inc in Omaha, NE
1540 N 72nd St
Omaha, NE 68114
Nursing Care Facilities (Skilled Nursing Facilities)
NAICS code 623110
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 15,360 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $6.8B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 60 employees, 68% lower than The Ambassador Omaha, Inc's reported 190 employees, and received an average PPP loan of $442,944, 78% lower than this company's loan of $2.05M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!