Missouri companies supported 900,000 jobs through federal loan program

The U.S. Department of the Treasury released the names of businesses that received more than $150,000 in federal loans through the Paycheck Protection Program.

For-profit construction, manufacturing companies and health care entities took some of the largest multimillion-dollar PPP loans in the St. Louis area.

More than 90,000 Missouri businesses received federal loans and supported about 900,000 jobs in the state, the St. Louis Public Radio reports.

More than 30 businesses in St. Louis received loans between $5 million and $10 million. Some of them include the Christian content producer, Joyce Meyer Ministries, and the Armstrong Teasdale law firm.

Some non-profit organizations in the region received loans worth between $2 million and $5 million. Those include the Missouri Botanical Garden, the St. Louis Symphony Orchestra, Westminster Christian Academy and St. Louis University High School.


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