PPP Loan Data — Metal Exchange Corporation, Saint Louis, MO
Metal Exchange Corporation is a subchapter s corporation located at 111 West Port Plaza, Suite 350 in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,586,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Metal Exchange Corporation in Saint Louis, MO received a Paycheck Protection Loan of $2.59M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Metal Exchange Corporation's total 2019 payroll expenses were approximately $12.41M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $24,828 per employee1.
Business Information - Metal Exchange Corporation in Saint Louis, MO
111 West Port Plaza, Suite 350
Saint Louis, MO 63146
Alumina Refining and Primary Aluminum Production (NAICS code 331313)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-02
Industry PPP Comparison Statistics
Nationwide, 105 businesses in the "Alumina Refining and Primary Aluminum Production" industry received a total of $73,761,808.00 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 57 employees, 89% lower than Metal Exchange Corporation's reported 500 employees, and received an average PPP loan of $702,493, 73% lower than this company's loan of $2.59M.
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Footnotes & Information
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