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PPP Loan Data — Lionmark Construction Companies LLC, Saint Louis, MO

SBA PPP loan data, payroll data, and salaries for Lionmark Construction Companies LLC
MO

Lionmark Construction Companies LLC

Entity: Limited Liability Company (LLC)

Industry: Highway, Street, and Bridge Construction

Location: Saint Louis, MO

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Lionmark Construction Companies LLC is a limited liability company (LLC) located at 1620 Woodson Rd in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $4,033,900.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 250 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.03M

Jobs Retained:

250

Loan Approved:

2020-04-04

Lender:

CASS COMMERCIAL BANK

Lionmark Construction Companies LLC in Saint Louis, MO received a Paycheck Protection Loan of $4.03M through CASS COMMERCIAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Lionmark Construction Companies LLC's total 2019 payroll expenses were approximately $19.36M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $77,451 per employee1.

Because the loan received by Lionmark Construction Companies 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 - Lionmark Construction Companies LLC in Saint Louis, MO

Lionmark Construction Companies LLC
1620 Woodson Rd
Saint Louis, MO 63114

Business Industry

Highway, Street, and Bridge Construction (NAICS code 237310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: MO-01

Similar Companies near Saint Louis

In the Saint Louis area, 2 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 127 employees (compared to this company's 250) and received an average PPP loan of $2,036,600 (compared to this company's $4.03M).

Similar Nearby Businesses Who Received PPP Funding:

Greg Schafer And Sons Contracting
Saint Louis, MO

$39,300 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 26 employees, 90% lower than Lionmark Construction Companies LLC's reported 250 employees, and received an average PPP loan of $405,656, 90% lower than this company's loan of $4.03M.

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.

Search FederalPay's Full PPP Loan Database

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/lionmark-construction-companies-llc-saint-louis-mo