PPP Loan Data — Allen Allen Allen And Allen Corp, Richmond, VA
Allen Allen Allen And Allen Corp is a corporation located at 1809 Staples Mill Road in Richmond, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,855,900.00 in April, 2020.
$ PPP Loan Information
Allen Allen Allen And Allen Corp in Richmond, VA received a Paycheck Protection Loan of $2.86M through FINWISE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Allen Allen Allen And Allen Corp's total 2019 payroll expenses were approximately $13.71M in order to qualify for the PPP loan amount received.
Based on their reported 166 jobs retained, this equals an estimated average yearly compensation of $82,580 per employee1.
Business Information - Allen Allen Allen And Allen Corp in Richmond, VA
1809 Staples Mill Road
Richmond, VA 23230
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-07
Similar Companies near Richmond
In the Richmond area, 47 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 166) and received an average PPP loan of $225,572 (compared to this company's $2.86M).
Similar Nearby Businesses Who Received PPP Funding:
Parcell, Webb & Baruch, PC
Peaseley & Derryberry Plc
Leading-Edge Law Group, Plc
Robert E Battle, PC
The Law Offices Of G Manoli Loupassi,Ll
Two Rivers Law Group PC
The Simon Law Firm Plc
Industry PPP Comparison Statistics
Nationwide, 126,779 businesses in the "Offices of Lawyers" industry received a total of $11,918,471,350.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 96% lower than Allen Allen Allen And Allen Corp's reported 166 employees, and received an average PPP loan of $94,010, 97% lower than this company's loan of $2.86M.
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, 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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