September 29, 2022

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Maintaining company open: Figures present west central Nebraska benefits from PPP | Neighborhood

1 min read

Amid other findings from The Telegraph’s examination of regional PPP information:

» The average forgivable PPP personal loan in the 22 west central Nebraska counties was $49,700, with Lincoln County averaging $55,970 and North Platte $63,816.

» The region’s median personal loan figure — the number at the halfway place between all 3,716 recipients — was a far reduce $14,800. Lincoln County’s median was $19,635 and North Platte’s $23,100.

» 20-five regional for gain or nonprofit employers received PPP financial loans of $1 million or additional. Their financial loans totaled just less than $49.5 million, 26.8% of west central Nebraska’s total.

Financial loans of $150,000 or a lot more went to 184 regional recipients, accounting for $100.4 million or 54.3% of overall PPP financial loans.

North Platte experienced 50 PPP loans of $150,000 or far more, totaling $20.26 million or 53.2% of the whole for the city’s ZIP codes.

» About just one in 8 regional PPP recipients failed to list the figures of jobs included by their financial loans.

Between the 3,297 that did, about 85% claimed getting 10 or fewer staff. Only 49 recipients had 50 staff members or much more, with the most significant remaining 281.

» On the other stop of the scale, 1,410 PPP financial loans in the 22 counties — 37.9% of the regional whole — were being for significantly less than $10,000. Nineteen were for a lot less than $1,000, with the smallest remaining $300.

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