PPP Loan Data — Rocky Mountain University Of, Provo, UT
Rocky Mountain University Of is a corporation located at 122 E 1700 S in Provo, Utah that received a Coronavirus-related PPP loan from the SBA of $2,528,233.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 165 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CACHE VALLEY BANK
Rocky Mountain University Of received a Paycheck Protection Loan of $2.53M through CACHE VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rocky Mountain University Of's total 2019 payroll expenses were approximately $12.14M in order to qualify for the PPP loan amount received.
Based on their reported 165 jobs retained, this equals an estimated average yearly compensation of $73,549 per employee1.
Business Information - Rocky Mountain University Of in Provo, UT
122 E 1700 S
Provo, UT 84606
Other Technical and Trade Schools (NAICS code 611519)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: UT-03
Industry PPP Comparison Statistics
Nationwide, 2,830 businesses in the "Other Technical and Trade Schools" industry received a total of $289,734,458.00 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 11 employees, 93% lower than Rocky Mountain University Of's reported 165 employees, and received an average PPP loan of $102,380, 96% lower than this company's loan of $2.53M.
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Footnotes & Information
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