PPP Loan Data — Volunteers Of America Colorado Branch, Denver, CO
Volunteers Of America Colorado Branch is a non-profit organization located at 2660 Larimer St in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,317,700.00 in April, 2020.
$ PPP Loan Information
Volunteers Of America Colorado Branch received a Paycheck Protection Loan of $3.32M through FIRSTBANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Volunteers Of America Colorado Branch's total 2019 payroll expenses were approximately $15.92M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $63,700 per employee1.
Business Information - Volunteers Of America Colorado Branch in Denver, CO
2660 Larimer St
Denver, CO 80205
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar Companies near Denver
In the Denver area, 18 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 250) and received an average PPP loan of $283,814 (compared to this company's $3.32M).
Similar Nearby Businesses Who Received PPP Funding:
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Ronald Mcdonald House Charities Of Denver Inc.
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Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 93% lower than Volunteers Of America Colorado Branch's reported 250 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $3.32M.
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