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PPP Loan Data — Boyd Richards Parker & Colonnelli Pl, Miami, FL

SBA PPP loan data, payroll data, and salaries for Boyd Richards Parker & Colonnelli Pl
FL

Boyd Richards Parker & Colonnelli Pl

Entity: Subchapter S Corporation

Industry: Offices of Lawyers

Location: Miami, FL

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Boyd Richards Parker & Colonnelli Pl is a subchapter s corporation located at 100 Se 2nd St, Suite 2600, in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $1,872,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$1.87M

Jobs Retained:

96

Loan Approved:

2020-04-07

Lender:

CITY NATIONAL BANK OF FLORIDA

Boyd Richards Parker & Colonnelli Pl received a Paycheck Protection Loan of $1.87M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Boyd Richards Parker & Colonnelli Pl's total 2019 payroll expenses were approximately $8.99M in order to qualify for the PPP loan amount received.

Based on their reported 96 jobs retained, this equals an estimated average yearly compensation of $93,600 per employee1.

Business Information - Boyd Richards Parker & Colonnelli Pl in Miami, FL

Boyd Richards Parker & Colonnelli Pl
100 Se 2nd St, Suite 2600,
Miami, FL 33131

Business Industry

Offices of Lawyers (NAICS code 541110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-27

Similar Companies near Miami

In the Miami area, 501 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 96) and received an average PPP loan of $139,525 (compared to this company's $1.87M).

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, 94% lower than Boyd Richards Parker & Colonnelli Pl's reported 96 employees, and received an average PPP loan of $94,010, 95% lower than this company's loan of $1.87M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/boyd-richards-parker-and-colonnelli-pl-miami-fl