PPP Loan Data — Young Men's Christian Association Of Metropolitan Denver,
Denver, CO
Young Men's Christian Association Of Metropolitan Denver
Entity: Non-profit Organization
Industry: Religious Organizations
Location: Denver, CO

Young Men's Christian Association Of Metropolitan Denver is a non-profit organization located at 2625 S Colorado Blvd in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,914,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
406Loan Approved:
2020-04-07Lender:
FIRSTBANKYoung Men's Christian Association Of Metropolitan Denver in Denver, CO received a Paycheck Protection Loan of $2.91M through FIRSTBANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Young Men's Christian Association Of Metropolitan Denver's total 2019 payroll expenses were approximately $13.99M in order to qualify for the PPP loan amount received.
Based on their reported 406 jobs retained, this equals an estimated average yearly compensation of $34,455 per employee1.
Business Information - Young Men's Christian Association Of Metropolitan Denver in Denver, CO
2625 S Colorado Blvd
Denver, CO 80222
Business Industry
Religious Organizations (NAICS code 813110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-01Similar Companies near Denver
In the Denver area, 23 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 406) and received an average PPP loan of $202,769 (compared to this company's $2.91M).
Similar Nearby Businesses Who Received PPP Funding:
Rocky Mountain Synod Of The Evangelical Lutheran Church
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Berkeley Heights Community Congregational Church
Denver, CO
St Rosa Of Lima Catholic Parish Denver
Denver, CO
Denver Spanish Foursquare Church
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Grace United Methodist Church
Denver, CO
Celebration Community Church Of Denver
Denver, CO
Denver Christian Bible Church
Denver, CO
Risen Christ Catholic Parish
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University Hills Lutheran Church
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% 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 Young Men's Christian Association Of Metropolitan Denver's reported 406 employees, and received an average PPP loan of $80,782, 97% lower than this company's loan of $2.91M.
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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