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PPP Loan Data — Duke Manufacturing Co,
Saint Louis, MO
Duke Manufacturing Co
Entity: Corporation
Industry: All Other Miscellaneous Fabricated Metal Product Manufacturing
Location: Saint Louis, MO
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Duke Manufacturing Co is a corporation located at 2224 North 10th Street in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $7,591,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-07Lender:
ENTERPRISE BANK & TRUSTDuke Manufacturing Co in Saint Louis, MO received a Paycheck Protection Loan of $7.59M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Duke Manufacturing Co's total 2019 payroll expenses were approximately $36.44M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $72,877 per employee1.
Business Information - Duke Manufacturing Co in Saint Louis, MO
2224 North 10th Street
Saint Louis, MO 63102
Business Industry
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-01Similar Companies near Saint Louis
In the Saint Louis area, 3 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 179 employees (compared to this company's 500) and received an average PPP loan of $2,730,176 (compared to this company's $7.59M).
Similar Nearby Businesses Who Received PPP Funding:
Missouri Equipment Company
Saint Louis, MO
Brewer Machine & Gear Company
St. Louis, MO
Industry PPP Comparison Statistics
Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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 22 employees, 96% lower than Duke Manufacturing Co's reported 500 employees, and received an average PPP loan of $281,656, 96% lower than this company's loan of $7.59M.
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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