PPP Loan Data — Colorado Business Group On Health, Lakewood, CO
Colorado Business Group On Health is a non-profit organization located at 215 S Wadsworth Blvd Ste 250 in Lakewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $46,442.00 in January, 2021.
The company has reported itself as a male owned non-profit, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:BOKF, National Association
Colorado Business Group On Health in Lakewood, CO received a Paycheck Protection Loan of $46,442 through BOKF, National Association, which was approved in January, 2021.
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, Colorado Business Group On Health's 2019 payroll expenses are estimated to be at least $222,922.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $74,307 per employee1
Reported PPP Proceed Usage:
On the PPP application, Colorado Business Group On Health reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,441
Business Information - Colorado Business Group On Health in Lakewood, CO
215 S Wadsworth Blvd Ste 250
Lakewood, CO 80226
NAICS code 813910
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Lakewood
In the Lakewood area, 4 businesses in the "Business Associations" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $26,268 (compared to this company's $46,442).
Similar Nearby Businesses Who Received PPP Funding:
Colorado Nursery And Greenhouse Association
D & R LLC
Industry PPP Comparison Statistics
Nationwide, 18,409 businesses in the "Business Associations" industry received a total of $1.18B 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 5 employees, 67% higher than Colorado Business Group On Health's reported 3 employees, and received an average PPP loan of $64,358, 39% higher than this company's loan of $46,442.
FederalPay's PPP Information Policy
Footnotes & Information
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