PPP Loan Data — Harris And Graves PA, Columbia, SC
Harris And Graves PA is a subchapter s corporation located at 1518 Richland St in Columbia, South Carolina that received a Coronavirus-related PPP loan from the SBA of $224,200.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Harris And Graves PA received a Paycheck Protection Loan of $224,200 through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Harris And Graves PA's total 2019 payroll expenses were approximately $1.08M in order to qualify for the PPP loan amount received.
Based on their reported 21 jobs retained, this equals an estimated average yearly compensation of $51,246 per employee1.
Business Information - Harris And Graves PA in Columbia, SC
1518 Richland St
Columbia, SC 29201
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-06
Similar Companies near Columbia
In the Columbia area, 162 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 21) and received an average PPP loan of $210,122 (compared to this company's $224,200).
Similar Nearby Businesses Who Received PPP Funding:
John Mobley, PA DBA The Mobley Law Firm
Millender Elder Law LLC
Creel Family Law, LLC
Horn Law Firm
Leventis Law Firm, LLC
Goff Law Group, LLC
Charles W Whetstone, III PA
Louthian Law Firm, PA
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, 71% lower than Harris And Graves PA's reported 21 employees, and received an average PPP loan of $94,010, 58% lower than this company's loan of $224,200.
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.
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!