PPP Loan Data — Ivory Employee Leasing Corporation, Salt Lake City, UT
Ivory Employee Leasing Corporation is a corporation located at 978 Woodoak Lane in Salt Lake City, Utah that received a Coronavirus-related PPP loan from the SBA of $2,739,500.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Ivory Employee Leasing Corporation received a Paycheck Protection Loan of $2.74M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ivory Employee Leasing Corporation's total 2019 payroll expenses were approximately $13.15M in order to qualify for the PPP loan amount received.
Based on their reported 181 jobs retained, this equals an estimated average yearly compensation of $72,650 per employee1.
Business Information - Ivory Employee Leasing Corporation in Salt Lake City, UT
978 Woodoak Lane
Salt Lake City, UT 84117
New Housing For-Sale Builders (NAICS code 236117)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-03
Industry PPP Comparison Statistics
Nationwide, 7,736 businesses in the "New Housing For-Sale Builders" industry received a total of $770,266,772.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 96% lower than Ivory Employee Leasing Corporation's reported 181 employees, and received an average PPP loan of $99,569, 96% lower than this company's loan of $2.74M.
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Footnotes & Information
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