PPP Loan Data — Duke Manufacturing Co, Saint Louis, MO
Duke Manufacturing Co
Location: Saint Louis, MOTweet This • Search All PPP Data
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
Lender:ENTERPRISE BANK & TRUST
Duke 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
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Similar 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.
Have FederalPay.org's open data tools been valuable? Consider donating!