PPP Loan Data — Navajo Technical University, Crownpoint, NM
Navajo Technical University
Entity: Non-profit Organization
Location: Crownpoint, NMTweet This • Search All PPP Data
Navajo Technical University is a non-profit organization located at Lower Point Road State Road 371 in Crownpoint, New Mexico that received a Coronavirus-related PPP loan from the SBA of $3,159,107.00 in June, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Navajo Technical University in Crownpoint, NM received a Paycheck Protection Loan of $3.16M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Navajo Technical University's total 2019 payroll expenses were approximately $15.16M in order to qualify for the PPP loan amount received.
Based on their reported 314 jobs retained, this equals an estimated average yearly compensation of $48,292 per employee1.
Business Information - Navajo Technical University in Crownpoint, NM
Lower Point Road State Road 371
Crownpoint, NM 87313
American Indian and Alaska Native Tribal Governments (NAICS code 921150)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NM-03
Industry PPP Comparison Statistics
Nationwide, 165 businesses in the "American Indian and Alaska Native Tribal Governments" industry received a total of $104,326,168.00 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 61 employees, 81% lower than Navajo Technical University's reported 314 employees, and received an average PPP loan of $632,280, 80% lower than this company's loan of $3.16M.
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