PPP Loan Data — Merlin Stelzer Services Company, Saint Louis, MO
Merlin Stelzer Services Company
Location: Saint Louis, MOTweet This • Search All PPP Data
Merlin Stelzer Services Company is a corporation located at 4144 Papin Street in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $46,100.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Merlin Stelzer Services Company in Saint Louis, MO received a Paycheck Protection Loan of $46,100 through Commerce Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Merlin Stelzer Services Company's 2019 payroll expenses are estimated to be at least $221,280.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,760 per employee1
Reported PPP Proceed Usage:
On the PPP application, Merlin Stelzer Services Company reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $41,335
- Utilities: $1,265
- Rent: $3,500
Business Information - Merlin Stelzer Services Company in Saint Louis, MO
4144 Papin Street
Saint Louis, MO 63110
Support Activities for Nonmetallic Minerals (except Fuels) Mining
NAICS code 213115
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 204 businesses in the "Support Activities for Nonmetallic Minerals (except Fuels) Mining" industry received a total of $19.15M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 167% higher than Merlin Stelzer Services Company's reported 3 employees, and received an average PPP loan of $93,852, 104% higher than this company's loan of $46,100.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!