PPP Loan Data — CP Beteiligungs Gmbh, St. Charles, IL
CP Beteiligungs Gmbh is a limited liability company (LLC) located at 3945 Swenson Avenue in St. Charles, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,684,700.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
CP Beteiligungs Gmbh received a Paycheck Protection Loan of $2.68M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, CP Beteiligungs Gmbh's total 2019 payroll expenses were approximately $12.89M in order to qualify for the PPP loan amount received.
Based on their reported 147 jobs retained, this equals an estimated average yearly compensation of $87,664 per employee1.
Business Information - CP Beteiligungs Gmbh in St. Charles, IL
3945 Swenson Avenue
St. Charles, IL 60174
Paint and Coating Manufacturing (NAICS code 325510)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-06
Similar Companies near St. Charles
In the St. Charles area, 4 businesses in the "Paint and Coating Manufacturing" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 147) and received an average PPP loan of $749,873 (compared to this company's $2.68M).
Similar Nearby Businesses Who Received PPP Funding:
Addison Clearwave Coatings, Inc.
St. Charles, IL
UV Specialties, LLC
Saint Charles, IL
Quality Spraying & Screen Painting, LLC
Saint Charles, IL
Industry PPP Comparison Statistics
Nationwide, 1,048 businesses in the "Paint and Coating Manufacturing" industry received a total of $271,012,887.00 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, 88% lower than CP Beteiligungs Gmbh's reported 147 employees, and received an average PPP loan of $258,600, 90% lower than this company's loan of $2.68M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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