PPP Loan Data — Navajo Housing Authority, Window Rock, AZ
Navajo Housing Authority
Entity: Non-profit Organization
Location: Window Rock, AZTweet This • Search All PPP Data
Navajo Housing Authority is a non-profit organization located at 1 Morgan Blvd in Window Rock, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,659,903.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Wells Fargo Bank, National Association
Navajo Housing Authority in Window Rock, AZ received a Paycheck Protection Loan of $2.66M through Wells Fargo Bank, National Association, which was approved in May, 2020.
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, Navajo Housing Authority's 2019 payroll expenses are estimated to be at least $12.77M.
Based on their reported 338 jobs retained, this equals an estimated average yearly compensation of $37,774 per employee1
Reported PPP Proceed Usage:
On the PPP application, Navajo Housing Authority reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,659,903
Business Information - Navajo Housing Authority in Window Rock, AZ
1 Morgan Blvd
Window Rock, AZ 86515
New Single-Family Housing Construction (except For-Sale Builders)
NAICS code 236115
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Window Rock
In the Window Rock area, 2 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 170 employees (compared to this company's 338) and received an average PPP loan of $1,340,368 (compared to this company's $2.66M).
Similar Nearby Businesses Who Received PPP Funding:
Teec Nos Pos, AZ
Industry PPP Comparison Statistics
Nationwide, 127,156 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $5.75B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Navajo Housing Authority's reported 338 employees, and received an average PPP loan of $45,182, 98% lower than this company's loan of $2.66M.
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Footnotes & Information
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