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PPP Loan Data — Bonner Kiernan Trebach & Criciata LLP, Washington, DC

SBA PPP loan data, payroll data, and salaries for Bonner Kiernan Trebach & Criciata LLP
DC

Bonner Kiernan Trebach & Criciata LLP

Entity: Limited Liability Partnership

Industry: Offices of Lawyers

Location: Washington, DC

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Bonner Kiernan Trebach & Criciata LLP is a limited liability partnership located at 1233 20th St Nw Fl 8 in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $2,485,994.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.49M

Jobs Retained:

145

Loan Approved:

2020-04-09

Lender:

TRUIST BANK D/B/A BRANCH BANKING & TRUST CO

Bonner Kiernan Trebach & Criciata LLP received a Paycheck Protection Loan of $2.49M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.

Based on standard PPP eligibility rules, Bonner Kiernan Trebach & Criciata LLP's total 2019 payroll expenses were approximately $11.93M in order to qualify for the PPP loan amount received.

Based on their reported 145 jobs retained, this equals an estimated average yearly compensation of $82,295 per employee1.

Because the loan received by Bonner Kiernan Trebach & Criciata LLP 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 - Bonner Kiernan Trebach & Criciata LLP in Washington, DC

Bonner Kiernan Trebach & Criciata LLP
1233 20th St Nw Fl 8
Washington, DC 20036

Business Industry

Offices of Lawyers (NAICS code 541110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: DC-

Similar Companies near Washington

In the Washington area, 171 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 145) and received an average PPP loan of $234,951 (compared to this company's $2.49M).

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 Bonner Kiernan Trebach & Criciata LLP's reported 145 employees, and received an average PPP loan of $94,010, 96% lower than this company's loan of $2.49M.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/bonner-kiernan-trebach-and-criciata-llp-washington-dc