PPP Loan Data — Solid State, LLC, St. Louis, MO
Solid State, LLC is a limited liability company (LLC) located in St. Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $25,358.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Solid State, LLC in St. Louis, MO received a Paycheck Protection Loan of $25,358 through Carrollton Bank, which was approved in June, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Solid State, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,019
- Utilities: $6,340
Business Information - Solid State, LLC in St. Louis, MO
St. Louis, MO
* Full address is redacted to protect the privacy of individuals.
Direct Health and Medical Insurance Carriers
NAICS code 524114
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near St. Louis
In the St. Louis area, 3 businesses in the "Direct Health and Medical Insurance Carriers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $15,378 (compared to this company's $25,358).
Similar Nearby Businesses Who Received PPP Funding:
Healthcare Senior Services, LLC
Industry PPP Comparison Statistics
Nationwide, 4,454 businesses in the "Direct Health and Medical Insurance Carriers" industry received a total of $262.47M 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 7 employees, 600% higher than Solid State, LLC's reported 1 employees, and received an average PPP loan of $58,930, 132% higher than this company's loan of $25,358.
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Footnotes & Information
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