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PPP Loan Data — St Louis Strength Academy LLC, Saint Louis, MO

SBA PPP loan data, payroll data, and salaries for St Louis Strength Academy LLC
MO

St Louis Strength Academy LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Personal Services

Location: Saint Louis, MO

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St Louis Strength Academy LLC is a limited liability company (LLC) located in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $18,667.00 in April, 2020.

$ PPP Loan Information
Loan #5144197203

Loan Size:

$18,667

Jobs Retained:

1

Loan Approved:

2020-04-27

Loan Status:

Ongoing Loan

Lender:

Together CU

St Louis Strength Academy LLC in Saint Louis, MO received a Paycheck Protection Loan of $18,667 through Together CU, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, St Louis Strength Academy LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $14,000
  • Utilities: $150
  • Rent: $4,517

Business Information - St Louis Strength Academy LLC in Saint Louis, MO

St Louis Strength Academy LLC
Saint Louis, MO
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Personal Services
NAICS code 812990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Saint Louis County, MO — SBA Office 0768 — Congressional District: MO-02

Similar Companies near Saint Louis

In the Saint Louis area, 24 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $22,273 (compared to this company's $18,667).

Industry PPP Comparison Statistics

Nationwide, 231,198 businesses in the "All Other Personal Services" industry received a total of $5.51B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 3 employees, 200% higher than St Louis Strength Academy LLC's reported 1 employees, and received an average PPP loan of $23,842, 28% higher than this company's loan of $18,667.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/st-louis-strength-academy-llc-saint-louis-mo