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PPP Loan Data — Flooring Systems Inc, Saint Louis, MO

SBA PPP loan data, payroll data, and salaries for Flooring Systems Inc

Flooring Systems Inc

Entity: Subchapter S Corporation

Industry: Flooring Contractors

Location: Saint Louis, MO

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Flooring Systems Inc is a subchapter s corporation located at 4130 Meramec Bottom Road in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $5,579,515.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Flooring Systems Inc in Saint Louis, MO received a Paycheck Protection Loan of $5.58M through CARROLLTON BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Flooring Systems Inc's total 2019 payroll expenses were approximately $26.78M in order to qualify for the PPP loan amount received.

Based on their reported 278 jobs retained, this equals an estimated average yearly compensation of $96,337 per employee1.

Because the loan received by Flooring Systems Inc 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 - Flooring Systems Inc in Saint Louis, MO

Flooring Systems Inc
4130 Meramec Bottom Road
Saint Louis, MO 63129

Business Industry

Flooring Contractors (NAICS code 238330)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-02

Similar Companies near Saint Louis

In the Saint Louis area, 5 businesses in the "Flooring Contractors" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 278) and received an average PPP loan of $1,309,144 (compared to this company's $5.58M).

Industry PPP Comparison Statistics

Nationwide, 11,459 businesses in the "Flooring Contractors" industry received a total of $864,656,941.00 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 6 employees, 98% lower than Flooring Systems Inc's reported 278 employees, and received an average PPP loan of $75,457, 99% lower than this company's loan of $5.58M.

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.

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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 **