FederalPay.org
PPP Loan Data — Mccormack Baron Salazar, Inc.,
Saint Louis, MO
Mccormack Baron Salazar, Inc.
Entity: Corporation
Industry: Other Activities Related to Real Estate
Location: Saint Louis, MO
Tweet This
•
Search All PPP Data
Mccormack Baron Salazar, Inc. is a corporation located at 720 Olive St Ste 2500 in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,708,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
172Loan Approved:
2020-04-15Lender:
ENTERPRISE BANK & TRUSTMccormack Baron Salazar, Inc. in Saint Louis, MO received a Paycheck Protection Loan of $2.71M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mccormack Baron Salazar, Inc.'s total 2019 payroll expenses were approximately $13M in order to qualify for the PPP loan amount received.
Based on their reported 172 jobs retained, this equals an estimated average yearly compensation of $75,578 per employee1.
Business Information - Mccormack Baron Salazar, Inc. in Saint Louis, MO
720 Olive St Ste 2500
Saint Louis, MO 63101
Business Industry
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-01Similar Companies near Saint Louis
In the Saint Louis area, 2 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 87 employees (compared to this company's 172) and received an average PPP loan of $1,366,689 (compared to this company's $2.71M).
Similar Nearby Businesses Who Received PPP Funding:
AJP Realty, LLC
Saint Louis, MO
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 97% lower than Mccormack Baron Salazar, Inc.'s reported 172 employees, and received an average PPP loan of $62,929, 98% lower than this company's loan of $2.71M.
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!