PPP Loan Data — Paramount Apparel In'Tl, Bourbon, MO
Paramount Apparel In'Tl is a sole proprietorship located at 1 Paramount Dr in Bourbon, Missouri that received a Coronavirus-related PPP loan from the SBA of $5,360,987.00 in April, 2020.
$ PPP Loan Information
Lender:TOWN & COUNTRY BANK
Paramount Apparel In'Tl in Bourbon, MO received a Paycheck Protection Loan of $5.36M through TOWN & COUNTRY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paramount Apparel In'Tl's total 2019 payroll expenses were approximately $25.73M 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 $51,465 per employee1.
Business Information - Paramount Apparel In'Tl in Bourbon, MO
1 Paramount Dr
Bourbon, MO 65441
Cut and Sew Apparel Contractors (NAICS code 315210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-08
Industry PPP Comparison Statistics
Nationwide, 1,002 businesses in the "Cut and Sew Apparel Contractors" industry received a total of $108,959,623.00 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 15 employees, 97% lower than Paramount Apparel In'Tl's reported 500 employees, and received an average PPP loan of $108,742, 98% lower than this company's loan of $5.36M.
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.
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