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PPP Loan Data — Navajo Nation Gaming Enterprise, Church Rock, NM

ALERT: There are a total of 2 PPP loans in our database for businesses with the name "Navajo Nation Gaming Enterprise" in Church Rock, NM. Reasoning for multiple loans may include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. See the list of loans under this name and additional details below.

SBA PPP loan data, payroll data, and salaries for Navajo Nation Gaming Enterprise
NM

Navajo Nation Gaming Enterprise

Entity: Corporation

Industry: Casino Hotels

Location: Church Rock, NM

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Navajo Nation Gaming Enterprise is a corporation located at 249 E Nm 118 in Church Rock, New Mexico that received a Coronavirus-related PPP loan from the SBA of $2,810,237.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.81M

Jobs Retained:

315

Loan Approved:

2020-04-28

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Navajo Nation Gaming Enterprise in Church Rock, NM received a Paycheck Protection Loan of $2.81M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Navajo Nation Gaming Enterprise's total 2019 payroll expenses were approximately $13.49M in order to qualify for the PPP loan amount received.

Based on their reported 315 jobs retained, this equals an estimated average yearly compensation of $42,823 per employee1.

Because the loan received by Navajo Nation Gaming Enterprise is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Navajo Nation Gaming Enterprise in Church Rock, NM

Navajo Nation Gaming Enterprise
249 E Nm 118
Church Rock, NM 87311

Business Industry

Casino Hotels (NAICS code 721120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NM-03

Industry PPP Comparison Statistics

Nationwide, 322 businesses in the "Casino Hotels" industry received a total of $284,070,183.00 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 90 employees, 71% lower than Navajo Nation Gaming Enterprise's reported 315 employees, and received an average PPP loan of $882,206, 69% lower than this company's loan of $2.81M.

SBA PPP loan data, payroll data, and salaries for Navajo Nation Gaming Enterprise
NM

Navajo Nation Gaming Enterprise

Entity: Corporation

Industry: Other Management Consulting Services

Location: Church Rock, NM

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Navajo Nation Gaming Enterprise is a corporation located at 249 E Nm State Hwy 118 in Church Rock, New Mexico that received a Coronavirus-related PPP loan from the SBA of $771,465.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$771,465

Jobs Retained:

45

Loan Approved:

2020-04-28

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Navajo Nation Gaming Enterprise in Church Rock, NM received a Paycheck Protection Loan of $771,465 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Navajo Nation Gaming Enterprise's total 2019 payroll expenses were approximately $3.7M in order to qualify for the PPP loan amount received.

Based on their reported 45 jobs retained, this equals an estimated average yearly compensation of $82,290 per employee1.

Business Information - Navajo Nation Gaming Enterprise in Church Rock, NM

Navajo Nation Gaming Enterprise
249 E Nm State Hwy 118
Church Rock, NM 87311

Business Industry

Other Management Consulting Services (NAICS code 541618)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NM-03

Industry PPP Comparison Statistics

Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 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 4 employees, 91% lower than Navajo Nation Gaming Enterprise's reported 45 employees, and received an average PPP loan of $57,615, 93% lower than this company's loan of $771,465.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. 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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/navajo-nation-gaming-enterprise-church-rock-nm