PPP Loan Data — Bonner Kiernan Trebach & Criciata LLP, Washington, DC
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
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.
Business Information - Bonner Kiernan Trebach & Criciata LLP in Washington, DC
1233 20th St Nw Fl 8
Washington, DC 20036
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
Sikh American Legal Defense And
Bernabei & Kabat PLLC
Zamani & Associates, PLLC
Kalorama Partners, LLC
Lerman Senter PLLC
Bergeson And Campbell PC
Veritas Law, LLC
Garofalo Goerlich Hainbach PC
The O'Riordan Bethel Law Firm, LLP
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.
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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