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PPP Loan Data — Rocky Mountain Ser Jobs For Progress, Inc,
Denver, CO
Rocky Mountain Ser Jobs For Progress, Inc
Entity: Non-profit Organization
Industry: Child Day Care Services
Location: Denver, CO
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Rocky Mountain Ser Jobs For Progress, Inc is a non-profit organization located at 3555 Pecos St in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,616,572.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
315Loan Approved:
2020-04-27Lender:
EVERGREEN NATIONAL BANKRocky Mountain Ser Jobs For Progress, Inc in Denver, CO received a Paycheck Protection Loan of $2.62M through EVERGREEN NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rocky Mountain Ser Jobs For Progress, Inc's total 2019 payroll expenses were approximately $12.56M 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 $39,872 per employee1.
Business Information - Rocky Mountain Ser Jobs For Progress, Inc in Denver, CO
3555 Pecos St
Denver, CO 80211
Business Industry
Child Day Care Services (NAICS code 624410)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-01Similar Companies near Denver
In the Denver area, 13 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 315) and received an average PPP loan of $342,006 (compared to this company's $2.62M).
Similar Nearby Businesses Who Received PPP Funding:
Academy Child Care, LLC
Denver, CO
Step By Step Learning Center LLC
Denver, CO
Kidoodles Childcare Co
Denver, CO
Kiddie Up Nannies LLC
Denver, CO
Active Learning Center LLC
Denver, CO
Highlands Montessori
Denver, CO
Sunflower Hill Child Care Inc
Denver, CO
St. Vincent De Paul Church
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 42,269 businesses in the "Child Day Care Services" industry received a total of $2,725,013,735.00 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 11 employees, 97% lower than Rocky Mountain Ser Jobs For Progress, Inc's reported 315 employees, and received an average PPP loan of $64,468, 98% lower than this company's loan of $2.62M.
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.
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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