PPP Loan Data — David PA. Seulean, PC, Ashland, OR
David PA. Seulean, PC is a subchapter s corporation located at 622 Siskiyou Blvd in Ashland, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,372.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
David PA. Seulean, PC in Ashland, OR received a Paycheck Protection Loan of $25,372 through U.S. Bank, National Association, which was approved in June, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, David PA. Seulean, PC's 2019 payroll expenses are estimated to be at least $121,786.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,447 per employee1
Reported PPP Proceed Usage:
On the PPP application, David PA. Seulean, PC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,372
Business Information - David PA. Seulean, PC in Ashland, OR
622 Siskiyou Blvd
Ashland, OR 97520
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Ashland
In the Ashland area, 14 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 4) and received an average PPP loan of $34,000 (compared to this company's $25,372).
Similar Nearby Businesses Who Received PPP Funding:
Drescher Elson Sperber, PC
Samantha D. Malloy, PC
Davis Hearn Anderson & Turner PC
Thomas N. Dimitre, Attorney At Law, LLC
Kastenberg Mediation And Facilitation
Industry PPP Comparison Statistics
Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B 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, 50% higher than David PA. Seulean, PC's reported 4 employees, and received an average PPP loan of $81,518, 221% higher than this company's loan of $25,372.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!