PPP Loan Data — Sinclair Research Center LLC, Auxvasse, MO
Sinclair Research Center LLC
Entity: Limited Liability Company (LLC)
Location: Auxvasse, MOTweet This • Search All PPP Data
Sinclair Research Center LLC is a limited liability company (LLC) located at 562 State Road Dd in Auxvasse, Missouri that received a Coronavirus-related PPP loan from the SBA of $1,785,600.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 188 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Central Bank of Boone County
Sinclair Research Center LLC in Auxvasse, MO received a Paycheck Protection Loan of $1.79M through Central Bank of Boone County, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Sinclair Research Center LLC's 2019 payroll expenses are estimated to be at least $8.57M.
Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $45,590 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sinclair Research Center LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,420,000
- Utilities: $29,600
- Rent: $336,000
Business Information - Sinclair Research Center LLC in Auxvasse, MO
562 State Road Dd
Auxvasse, MO 65231
Research and Development in Biotechnology (except Nanobiotechnology)
NAICS code 541714
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 3,364 businesses in the "Research and Development in Biotechnology (except Nanobiotechnology)" industry received a total of $568.09M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 94% lower than Sinclair Research Center LLC's reported 188 employees, and received an average PPP loan of $168,873, 91% lower than this company's loan of $1.79M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!