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PPP Loan Data — Paulo Products Company,
Saint Louis, MO
Paulo Products Company
Entity: Subchapter S Corporation
Industry: Metal Heat Treating
Location: Saint Louis, MO
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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
Loan Size:
Jobs Retained:
454Loan Approved:
2020-04-07Lender:
CENTRAL BANK OF ST. LOUISPaulo 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
Business Industry
Metal Heat Treating (NAICS code 332811)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-01Industry 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.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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