PPP Loan Data — Benson Hill, Inc., Saint Louis, MO
Benson Hill, Inc. is a corporation located at 1100 Corporate Drive in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,973,735.00 in April, 2020.
$ PPP Loan Information
Lender:SILICON VALLEY BANK
Benson Hill, Inc. in Saint Louis, MO received a Paycheck Protection Loan of $2.97M through SILICON VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Benson Hill, Inc.'s total 2019 payroll expenses were approximately $14.27M in order to qualify for the PPP loan amount received.
Based on their reported 158 jobs retained, this equals an estimated average yearly compensation of $90,341 per employee1.
Business Information - Benson Hill, Inc. in Saint Louis, MO
1100 Corporate Drive
Saint Louis, MO 63132
Research and Development in Nanotechnology (NAICS code 541713)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 568 businesses in the "Research and Development in Nanotechnology" industry received a total of $121,547,035.00 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 12 employees, 92% lower than Benson Hill, Inc.'s reported 158 employees, and received an average PPP loan of $213,991, 93% lower than this company's loan of $2.97M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!