PPP Loan Data — Barbo, Luigi C. & Dana M., Springfield, MO
Barbo, Luigi C. & Dana M. is a subchapter s corporation located at 1520 E Evergreen St in Springfield, Missouri that received a Coronavirus-related PPP loan from the SBA of $3,486,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Barbo, Luigi C. & Dana M. in Springfield, MO received a Paycheck Protection Loan of $3.49M through GUARANTY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Barbo, Luigi C. & Dana M.'s total 2019 payroll expenses were approximately $16.74M 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 $66,945 per employee1.
Business Information - Barbo, Luigi C. & Dana M. in Springfield, MO
1520 E Evergreen St
Springfield, MO 65803
Cosmetics, Beauty Supplies, and Perfume Stores (NAICS code 446120)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MO-07
Similar Companies near Springfield
In the Springfield area, 6 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 250) and received an average PPP loan of $586,417 (compared to this company's $3.49M).
Similar Nearby Businesses Who Received PPP Funding:
Emily Edgar LLC
Perfume Americana LLC
Kildee Enterprises, Inc
Industry PPP Comparison Statistics
Nationwide, 7,841 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a total of $310,946,499.00 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 5 employees, 98% lower than Barbo, Luigi C. & Dana M.'s reported 250 employees, and received an average PPP loan of $39,656, 99% lower than this company's loan of $3.49M.
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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