PPP Loan Data — Pennex Aluminum Company LLC, Saint Louis, MO
Pennex Aluminum Company LLC is a limited liability company (LLC) located at 111 W Port Plz Ste 704 in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $6,517,595.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Pennex Aluminum Company LLC in Saint Louis, MO received a Paycheck Protection Loan of $6.52M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pennex Aluminum Company LLC's total 2019 payroll expenses were approximately $31.28M 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 $62,569 per employee1.
Business Information - Pennex Aluminum Company LLC in Saint Louis, MO
111 W Port Plz Ste 704
Saint Louis, MO 63146
Other Aluminum Rolling, Drawing, and Extruding (NAICS code 331318)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-01
Industry PPP Comparison Statistics
Nationwide, 128 businesses in the "Other Aluminum Rolling, Drawing, and Extruding" industry received a total of $74,033,868.00 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 41 employees, 92% lower than Pennex Aluminum Company LLC's reported 500 employees, and received an average PPP loan of $578,390, 91% lower than this company's loan of $6.52M.
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Footnotes & Information
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