PPP Loan Data — Paulo Products Company, Saint Louis, MO
Paulo Products Company is a subchapter s corporation located at 5620 W. Park Ave in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $6,177,700.00 in April, 2020.
$ PPP Loan Information
Lender:CENTRAL BANK OF ST. LOUIS
Paulo Products Company received a Paycheck Protection Loan of $6.18M through CENTRAL BANK OF ST. LOUIS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paulo Products Company's total 2019 payroll expenses were approximately $29.65M in order to qualify for the PPP loan amount received.
Based on their reported 454 jobs retained, this equals an estimated average yearly compensation of $65,315 per employee1.
Business Information - Paulo Products Company in Saint Louis, MO
5620 W. Park Ave
Saint Louis, MO 63110
Metal Heat Treating (NAICS code 332811)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 384 businesses in the "Metal Heat Treating" industry received a total of $151,980,238.00 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 28 employees, 94% lower than Paulo Products Company's reported 454 employees, and received an average PPP loan of $395,782, 94% lower than this company's loan of $6.18M.
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Footnotes & Information
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