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PPP Loan Data — Architectural Systems Inc,
Monett, MO
Architectural Systems Inc
Entity: Corporation
Industry: Glass Product Manufacturing Made of Purchased Glass
Location: Monett, MO
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Architectural Systems Inc is a corporation located at 707 W Highway 60 in Monett, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,560,600.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 249 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
249Loan Approved:
2020-04-05Lender:
FREEDOM BANK OF SOUTHERN MISSOURIArchitectural Systems Inc in Monett, MO received a Paycheck Protection Loan of $2.56M through FREEDOM BANK OF SOUTHERN MISSOURI, which was approved in April, 2020.
Based on standard PPP eligibility rules, Architectural Systems Inc's total 2019 payroll expenses were approximately $12.29M in order to qualify for the PPP loan amount received.
Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $49,361 per employee1.
Business Information - Architectural Systems Inc in Monett, MO
707 W Highway 60
Monett, MO 65708
Business Industry
Glass Product Manufacturing Made of Purchased Glass (NAICS code 327215)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: MO-07Industry PPP Comparison Statistics
Nationwide, 737 businesses in the "Glass Product Manufacturing Made of Purchased Glass" industry received a total of $164,708,672.00 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 18 employees, 93% lower than Architectural Systems Inc's reported 249 employees, and received an average PPP loan of $223,485, 91% lower than this company's loan of $2.56M.
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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