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PPP Loan Data — Birz Law LLC,
Fort Lee, NJ
Birz Law LLC
Entity: Limited Liability Company (LLC)
Industry: General Automotive Repair
Location: Fort Lee, NJ
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Birz Law LLC is a limited liability company (LLC) located in Fort Lee, New Jersey that received a Coronavirus-related PPP loan from the SBA of $7,812.00 in May, 2020.
The company has reported itself as a White female owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #2256307701
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-01Loan Status:
Paid in Full or ForgivenLender:
JPMorgan Chase Bank, National AssociationBirz Law LLC in Fort Lee, NJ received a Paycheck Protection Loan of $7,812 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in September, 2021.
Reported PPP Proceed Usage:
On the PPP application, Birz Law LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,250
- Rent: $1,562
Business Information - Birz Law LLC in Fort Lee, NJ
Fort Lee, NJ
* Full address is redacted to protect the privacy of individuals.
Business Industry:
General Automotive Repair
NAICS code 811111
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Fort Lee
In the Fort Lee area, 9 businesses in the "General Automotive Repair" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $31,654 (compared to this company's $7,812).
Similar Nearby Businesses Who Received PPP Funding:
BCG Co Inc
Fort Lee, NJ
Frank's Auto Repair & Autobody, Inc
Fanwood, NJ
Prestige Autobody And Services
Fort Lee, NJ
Carlos Service Center
Fort Lee, NJ
Fort Lee Service Center LLC
Fort Lee, NJ
Fanwood Automotive Inc
Fanwood, NJ
Industry PPP Comparison Statistics
Nationwide, 93,576 businesses in the "General Automotive Repair" industry received a total of $3.91B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 400% higher than Birz Law LLC's reported 1 employees, and received an average PPP loan of $41,799, 435% higher than this company's loan of $7,812.
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.
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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