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PPP Loan Data — Esmark Steel Group LLC, Sewickley, PA

SBA PPP loan data, payroll data, and salaries for Esmark Steel Group LLC

Esmark Steel Group LLC

Entity: Limited Liability Company (LLC)

Industry: Metal Service Centers and Other Metal Merchant Wholesalers

Location: Sewickley, PA

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Esmark Steel Group LLC is a limited liability company (LLC) located at 100 Hazel Ln in Sewickley, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,232,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Esmark Steel Group LLC received a Paycheck Protection Loan of $3.23M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Esmark Steel Group LLC's total 2019 payroll expenses were approximately $15.51M in order to qualify for the PPP loan amount received.

Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $78,356 per employee1.

Because the loan received by Esmark Steel Group 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 - Esmark Steel Group LLC in Sewickley, PA

Esmark Steel Group LLC
100 Hazel Ln
Sewickley, PA 15143

Business Industry

Metal Service Centers and Other Metal Merchant Wholesalers (NAICS code 423510)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-17

Similar Companies near Sewickley

In the Sewickley area, 5 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 198) and received an average PPP loan of $768,987 (compared to this company's $3.23M).

Industry PPP Comparison Statistics

Nationwide, 2,691 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a total of $697,432,843.00 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, 91% lower than Esmark Steel Group LLC's reported 198 employees, and received an average PPP loan of $259,172, 92% lower than this company's loan of $3.23M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **