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PPP Loan Data — Western Diesel Services Inc,
Saint Louis, MO
Western Diesel Services Inc
Entity: Corporation
Industry: Turbine and Turbine Generator Set Units Manufacturing
Location: Saint Louis, MO
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Western Diesel Services Inc is a corporation located at 1100 Research Blvd in Saint Louis, Missouri that received a Coronavirus-related PPP loan from the SBA of $3,798,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
355Loan Approved:
2020-04-08Lender:
ENTERPRISE BANK & TRUSTWestern Diesel Services Inc received a Paycheck Protection Loan of $3.8M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Western Diesel Services Inc's total 2019 payroll expenses were approximately $18.23M in order to qualify for the PPP loan amount received.
Based on their reported 355 jobs retained, this equals an estimated average yearly compensation of $51,361 per employee1.
Business Information - Western Diesel Services Inc in Saint Louis, MO
1100 Research Blvd
Saint Louis, MO 63132
Business Industry
Turbine and Turbine Generator Set Units Manufacturing (NAICS code 333611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-01Industry PPP Comparison Statistics
Nationwide, 122 businesses in the "Turbine and Turbine Generator Set Units Manufacturing" industry received a total of $48,096,083.00 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 25 employees, 93% lower than Western Diesel Services Inc's reported 355 employees, and received an average PPP loan of $394,230, 90% lower than this company's loan of $3.8M.
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.
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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