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PPP Loan Data — Ungerboeck Systems International, Inc., O Fallon, MO

SBA PPP loan data, payroll data, and salaries for Ungerboeck Systems International, Inc.
MO

Ungerboeck Systems International, Inc.

Entity: Corporation

Industry: Custom Computer Programming Services

Location: O Fallon, MO

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Ungerboeck Systems International, Inc. is a corporation located at 100 Ungerboeck Park in O Fallon, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,869,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.87M

Jobs Retained:

188

Loan Approved:

2020-04-04

Lender:

CENTRAL BANK OF ST. LOUIS

Ungerboeck Systems International, Inc. received a Paycheck Protection Loan of $2.87M through CENTRAL BANK OF ST. LOUIS, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ungerboeck Systems International, Inc.'s total 2019 payroll expenses were approximately $13.77M in order to qualify for the PPP loan amount received.

Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $73,256 per employee1.

Because the loan received by Ungerboeck Systems International, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ungerboeck Systems International, Inc. in O Fallon, MO

Ungerboeck Systems International, Inc.
100 Ungerboeck Park
O Fallon, MO 63368

Business Industry

Custom Computer Programming Services (NAICS code 541511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-02

Similar Companies near O Fallon

In the O Fallon area, 6 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 188) and received an average PPP loan of $498,781 (compared to this company's $2.87M).

Industry PPP Comparison Statistics

Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 94% lower than Ungerboeck Systems International, Inc.'s reported 188 employees, and received an average PPP loan of $200,633, 93% lower than this company's loan of $2.87M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ungerboeck-systems-international-inc-o-fallon-mo