PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Great Old Broads For Wilderness, Durango, CO

ALERT: There are 2 PPP loans for a total of $190,081 in our database for businesses with the name "Great Old Broads For Wilderness" in Durango, CO. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Great Old Broads For Wilderness
CO Nonprofit Organization

Great Old Broads For Wilderness

Entity: Non-profit Organization

Industry: Environment, Conservation and Wildlife Organizations

Location: Durango, CO

Search All PPP Data

Great Old Broads For Wilderness is a non-profit organization located at 555 Rivergate Ste B1-110 in Durango, Colorado that received a Coronavirus-related PPP loan from the SBA of $104,881.00 in April, 2021.

$ PPP Loan Information
Loan #1225188810

Loan Size:

$104,881

Jobs Retained:

9

Loan Approved:

2021-04-09

Loan Status:

Ongoing Loan

Lender:

Bank of Colorado

Great Old Broads For Wilderness in Durango, CO received a Paycheck Protection Loan of $104,881 through Bank of Colorado, which was approved in April, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Great Old Broads For Wilderness' 2019 payroll expenses are estimated to be at least $503,429.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $55,937 per employee1

Reported PPP Proceed Usage:

On the PPP application, Great Old Broads For Wilderness reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $104,878
  • Utilities: $1

Business Information - Great Old Broads For Wilderness in Durango, CO

Great Old Broads For Wilderness
555 Rivergate Ste B1-110
Durango, CO 81301

Business Industry:
Environment, Conservation and Wildlife Organizations
NAICS code 813312

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

La Plata County, CO — SBA Office 0811 — Congressional District: CO-03

Similar Companies near Durango

In the Durango area, 8 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 9) and received an average PPP loan of $277,539 (compared to this company's $104,881).

Industry PPP Comparison Statistics

Nationwide, 3,916 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.63M 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 14 employees, 56% higher than Great Old Broads For Wilderness' reported 9 employees, and received an average PPP loan of $129,375, 23% higher than this company's loan of $104,881.

SBA PPP loan data, payroll data, and salaries for Great Old Broads For Wilderness
CO Nonprofit Organization

Great Old Broads For Wilderness

Entity: Non-profit Organization

Industry: Other Grantmaking and Giving Services

Location: Durango, CO

Search All PPP Data

Great Old Broads For Wilderness is a non-profit organization located at 555 Rivergate Lane B1-110 in Durango, Colorado that received a Coronavirus-related PPP loan from the SBA of $85,200.00 in April, 2020.

$ PPP Loan Information
Loan #7227917003

Loan Size:

$85,200

Jobs Retained:

10

Loan Approved:

2020-04-07

Loan Status:

Paid in Full or Forgiven

Lender:

Bank of Colorado

Great Old Broads For Wilderness in Durango, CO received a Paycheck Protection Loan of $85,200 through Bank of Colorado, 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 February, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Great Old Broads For Wilderness' 2019 payroll expenses are estimated to be at least $408,960.

Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $40,896 per employee1

Reported PPP Proceed Usage:

On the PPP application, Great Old Broads For Wilderness reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $85,200

Business Information - Great Old Broads For Wilderness in Durango, CO

Great Old Broads For Wilderness
555 Rivergate Lane B1-110
Durango, CO 81302

Business Industry:
Other Grantmaking and Giving Services
NAICS code 813219

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

La Plata County, CO — SBA Office 0811 — Congressional District: CO-03

Similar Companies near Durango

In the Durango area, 4 businesses in the "Other Grantmaking and Giving Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 10) and received an average PPP loan of $37,363 (compared to this company's $85,200).

Industry PPP Comparison Statistics

Nationwide, 9,799 businesses in the "Other Grantmaking and Giving Services" industry received a total of $1.32B 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 15 employees, 50% higher than Great Old Broads For Wilderness' reported 10 employees, and received an average PPP loan of $134,570, 58% higher than this company's loan of $85,200.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/great-old-broads-for-wilderness-durango-co