PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Ford Walker Haggerty & Behar LLP, Long Beach, CA

SBA PPP loan data, payroll data, and salaries for Ford Walker Haggerty & Behar LLP
CA

Ford Walker Haggerty & Behar LLP

Entity: Partnership

Industry: Offices of Lawyers

Location: Long Beach, CA

Search All PPP Data

Ford Walker Haggerty & Behar LLP is a partnership located at 1 World Trade Ctr in Long Beach, California that received a Coronavirus-related PPP loan from the SBA of $2,576,777.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 171 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.58M

Jobs Retained:

171

Loan Approved:

2020-04-07

Lender:

CITY NATIONAL BANK

Ford Walker Haggerty & Behar LLP in Long Beach, CA received a Paycheck Protection Loan of $2.58M through CITY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ford Walker Haggerty & Behar LLP's total 2019 payroll expenses were approximately $12.37M in order to qualify for the PPP loan amount received.

Based on their reported 171 jobs retained, this equals an estimated average yearly compensation of $72,331 per employee1.

Because the loan received by Ford Walker Haggerty & Behar 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 - Ford Walker Haggerty & Behar LLP in Long Beach, CA

Ford Walker Haggerty & Behar LLP
1 World Trade Ctr
Long Beach, CA 90831

Business Industry

Offices of Lawyers (NAICS code 541110)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-47

Similar Companies near Long Beach

In the Long Beach area, 16 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 171) and received an average PPP loan of $204,060 (compared to this company's $2.58M).

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 Ford Walker Haggerty & Behar LLP's reported 171 employees, and received an average PPP loan of $94,010, 96% lower than this company's loan of $2.58M.

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, 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ford-walker-haggerty-and-behar-llp-long-beach-ca