PPP Loan Data — Naropa University, Boulder, CO
Naropa University is a non-profit organization located at 2130 Arapahoe Ave in Boulder, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,863,075.00 in April, 2020.
The company has reported itself as a male owned non-profit, and employed at least 365 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST WESTERN TRUST BANK
Naropa University received a Paycheck Protection Loan of $2.86M through FIRST WESTERN TRUST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Naropa University's total 2019 payroll expenses were approximately $13.74M in order to qualify for the PPP loan amount received.
Based on their reported 365 jobs retained, this equals an estimated average yearly compensation of $37,651 per employee1.
Business Information - Naropa University in Boulder, CO
2130 Arapahoe Ave
Boulder, CO 80302
Administration of Education Programs (NAICS code 923110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CO-02
Similar Companies near Boulder
In the Boulder area, 4 businesses in the "Administration of Education Programs" industry received a PPP loan. These local businesses reported an average of 97 employees (compared to this company's 365) and received an average PPP loan of $818,044 (compared to this company's $2.86M).
Similar Nearby Businesses Who Received PPP Funding:
Savory Institute.Org, Inc.
The Awake Network, LLC
Industry PPP Comparison Statistics
Nationwide, 1,112 businesses in the "Administration of Education Programs" industry received a total of $201,705,276.00 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 16 employees, 96% lower than Naropa University's reported 365 employees, and received an average PPP loan of $181,390, 94% lower than this company's loan of $2.86M.
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