PPP Loan Data — Group 360, Inc, Saint Louis, MO
Group 360, Inc
Location: Saint Louis, MOTweet This • Search All PPP Data
Group 360, Inc is a corporation located at 1227 Washington Ave in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $4,451,000.00 in April, 2020.
$ PPP Loan Information
Lender:ENTERPRISE BANK & TRUST
Group 360, Inc received a Paycheck Protection Loan of $4.45M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Group 360, Inc's total 2019 payroll expenses were approximately $21.36M in order to qualify for the PPP loan amount received.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $90,914 per employee1.
Business Information - Group 360, Inc in Saint Louis, MO
1227 Washington Ave
Saint Louis, MO 63103
Process, Physical Distribution, and Logistics Consulting Services (NAICS code 541614)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 4,460 businesses in the "Process, Physical Distribution, and Logistics Consulting Services" industry received a total of $676,111,064.00 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 12 employees, 95% lower than Group 360, Inc's reported 235 employees, and received an average PPP loan of $151,594, 97% lower than this company's loan of $4.45M.
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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