PPP Loan Data — The Gingerbread House, Wilber, NE
The Gingerbread House is a sole proprietorship located at 314 S Ok St in Wilber, Nebraska that received a Coronavirus-related PPP loan from the SBA of $46,800.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least fourteen people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First State Bank Nebraska
The Gingerbread House in Wilber, NE received a Paycheck Protection Loan of $46,800 through First State Bank Nebraska, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 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 Gingerbread House's 2019 payroll expenses are estimated to be at least $224,640.
Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $16,046 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Gingerbread House reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,800
Business Information - The Gingerbread House in Wilber, NE
314 S Ok St
Wilber, NE 68465
Child Day Care Services
NAICS code 624410
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Wilber
In the Wilber area, 6 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 14) and received an average PPP loan of $25,271 (compared to this company's $46,800).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 132,794 businesses in the "Child Day Care Services" industry received a total of $5.53B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 43% lower than The Gingerbread House's reported 14 employees, and received an average PPP loan of $41,676, 11% lower than this company's loan of $46,800.
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Footnotes & Information
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