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PPP Loan Data — Breazeale, Sachse & Wilson, LLP,
Baton Rouge, LA
Breazeale, Sachse & Wilson, LLP
Entity: Partnership
Industry: Offices of Lawyers
Location: Baton Rouge, LA
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Breazeale, Sachse & Wilson, LLP is a partnership located at 301 Main St in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,525,700.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
139Loan Approved:
2020-04-11Lender:
HANCOCK WHITNEY BANKBreazeale, Sachse & Wilson, LLP received a Paycheck Protection Loan of $2.53M through HANCOCK WHITNEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Breazeale, Sachse & Wilson, LLP's total 2019 payroll expenses were approximately $12.12M in order to qualify for the PPP loan amount received.
Based on their reported 139 jobs retained, this equals an estimated average yearly compensation of $87,218 per employee1.
Business Information - Breazeale, Sachse & Wilson, LLP in Baton Rouge, LA
301 Main St
Baton Rouge, LA 70801
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: LA-06Similar Companies near Baton Rouge
In the Baton Rouge area, 87 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 139) and received an average PPP loan of $234,235 (compared to this company's $2.53M).
Similar Nearby Businesses Who Received PPP Funding:
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Lee Herrington, Attorney At Law, A Professional Law Corporat
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Caroline J Barnes, Attorney At Law LLC
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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 Breazeale, Sachse & Wilson, LLP's reported 139 employees, and received an average PPP loan of $94,010, 96% lower than this company's loan of $2.53M.
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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