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PPP Loan Data — Rocky Mountain University Of, Provo, UT

SBA PPP loan data, payroll data, and salaries for Rocky Mountain University Of

Rocky Mountain University Of

Entity: Corporation

Industry: Other Technical and Trade Schools

Location: Provo, UT

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Rocky Mountain University Of 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 - Rocky Mountain University Of in Provo, UT

Rocky Mountain University Of
122 E 1700 S
Provo, UT 84606

Business Industry

Other Technical and Trade Schools (NAICS code 611519)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: Unreported

Veteran Status: Unreported

Congressional 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.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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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