PPP Loan Data — Negwer Materials, Inc., Saint Louis, MO
Negwer Materials, Inc.
Entity: Subchapter S Corporation
Location: Saint Louis, MOTweet This • Search All PPP Data
Negwer Materials, Inc. is a subchapter s corporation located at 49 Airport Road in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $3,663,700.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:UMB BANK, NATIONAL ASSOCIATION
Negwer Materials, Inc. received a Paycheck Protection Loan of $3.66M through UMB BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Negwer Materials, Inc.'s total 2019 payroll expenses were approximately $17.59M in order to qualify for the PPP loan amount received.
Unlike most businesses, Negwer Materials, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Negwer Materials, Inc. in Saint Louis, MO
49 Airport Road
Saint Louis, MO 63135
Metal Service Centers and Other Metal Merchant Wholesalers (NAICS code 423510)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 2,691 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a total of $697,432,843.00 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 18 employees, and received an average PPP loan of $259,172, 93% lower than this company's loan of $3.66M.
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Footnotes & Information
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