PPP Loan Data — NAV Technologies, Inc., Draper, UT
NAV Technologies, Inc. is a corporation located at 13693 South 200 West in Draper, Utah that received a Coronavirus-related PPP loan from the SBA of $2,830,639.00 in June, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:SILICON VALLEY BANK
NAV Technologies, Inc. in Draper, UT received a Paycheck Protection Loan of $2.83M through SILICON VALLEY BANK, which was approved in June, 2020.
Based on standard PPP eligibility rules, NAV Technologies, Inc.'s total 2019 payroll expenses were approximately $13.59M in order to qualify for the PPP loan amount received.
Unlike most businesses, NAV Technologies, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - NAV Technologies, Inc. in Draper, UT
13693 South 200 West
Draper, UT 84020
Software Publishers (NAICS code 511210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-03
Similar Companies near Draper
In the Draper area, 7 businesses in the "Software Publishers" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 0) and received an average PPP loan of $852,877 (compared to this company's $2.83M).
Similar Nearby Businesses Who Received PPP Funding:
Tertiary Group, LLC
Smart Bomb Interactive, Inc DBA Wildworks, Inc
Industry PPP Comparison Statistics
Nationwide, 8,232 businesses in the "Software Publishers" industry received a total of $2,105,805,320.00 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 13 employees, and received an average PPP loan of $255,807, 91% lower than this company's loan of $2.83M.
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Footnotes & Information
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