PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Central Power Systems & Services, LLC, Liberty, MO

SBA PPP loan data, payroll data, and salaries for Central Power Systems & Services, LLC
MO

Central Power Systems & Services, LLC

Entity: Limited Liability Company (LLC)

Industry: Motor Vehicle Supplies and New Parts Merchant Wholesalers

Location: Liberty, MO

Search All PPP Data

Central Power Systems & Services, LLC is a limited liability company (LLC) located at 9200 Liberty Drive in Liberty, Missouri that received a Coronavirus-related PPP loan from the SBA of $5,368,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.37M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-06

Lender:

UMB BANK, NATIONAL ASSOCIATION

Central Power Systems & Services, LLC in Liberty, MO received a Paycheck Protection Loan of $5.37M through UMB BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Central Power Systems & Services, LLC's total 2019 payroll expenses were approximately $25.77M in order to qualify for the PPP loan amount received.

Unlike most businesses, Central Power Systems & Services, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Central Power Systems & Services, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Central Power Systems & Services, LLC in Liberty, MO

Central Power Systems & Services, LLC
9200 Liberty Drive
Liberty, MO 64068

Business Industry

Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS code 423120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-06

Industry PPP Comparison Statistics

Nationwide, 4,042 businesses in the "Motor Vehicle Supplies and New Parts Merchant Wholesalers" industry received a total of $644,135,263.00 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 13 employees, and received an average PPP loan of $159,361, 97% lower than this company's loan of $5.37M.

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.

Search FederalPay's Full PPP Loan Database

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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/central-power-systems-and-services-llc-liberty-mo