PPP Loan Data — Byrne & Jones Enterprises,Inc., Bridgeton, MO
Byrne & Jones Enterprises,Inc. is a corporation located at 13940 St. Charles Rock Road in Bridgeton, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,740,000.00 in April, 2020.
$ PPP Loan Information
Byrne & Jones Enterprises,Inc. in Bridgeton, MO received a Paycheck Protection Loan of $2.74M through COMMERCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Byrne & Jones Enterprises,Inc.'s total 2019 payroll expenses were approximately $13.15M in order to qualify for the PPP loan amount received.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $87,680 per employee1.
Business Information - Byrne & Jones Enterprises,Inc. in Bridgeton, MO
13940 St. Charles Rock Road
Bridgeton, MO 63044
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Similar Companies near Bridgeton
In the Bridgeton area, 3 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 150) and received an average PPP loan of $1,411,600 (compared to this company's $2.74M).
Similar Nearby Businesses Who Received PPP Funding:
Microsurfacing Contractors, LLC
Ford Asphalt Co., Inc
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 83% lower than Byrne & Jones Enterprises,Inc.'s reported 150 employees, and received an average PPP loan of $405,656, 85% lower than this company's loan of $2.74M.
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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