PPP Loan Data — Sky Ute Casino Resort, Ignacio, CO
Sky Ute Casino Resort is a non-profit organization located at 14324 Hwy 172 N in Ignacio, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,957,980.00 in April, 2020.
The company has reported itself as an American indian or alaska native owned non-profit, and employed at least 288 people during the applicable loan loan period.
$ PPP Loan Information
Lender:NATIVE AMERICAN BANK, NATIONAL ASSOCIATION
Sky Ute Casino Resort in Ignacio, CO received a Paycheck Protection Loan of $3.96M through NATIVE AMERICAN BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sky Ute Casino Resort's total 2019 payroll expenses were approximately $19M in order to qualify for the PPP loan amount received.
Based on their reported 288 jobs retained, this equals an estimated average yearly compensation of $65,966 per employee1.
Business Information - Sky Ute Casino Resort in Ignacio, CO
14324 Hwy 172 N
Ignacio, CO 81137
Casino Hotels (NAICS code 721120)
Business Owner Demographics
Race / Ethnicity: AMERICAN INDIAN OR ALASKA NATIVE
Veteran Status: UnreportedCongressional District: CO-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, 69% lower than Sky Ute Casino Resort's reported 288 employees, and received an average PPP loan of $882,206, 78% lower than this company's loan of $3.96M.
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Footnotes & Information
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