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PPP Loan Data — JR Phillips & Associates, PC,
Centennial, CO
JR Phillips & Associates, PC
Entity: Partnership
Industry: Offices of Lawyers
Location: Centennial, CO
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JR Phillips & Associates, PC is a partnership located at 7700 E Arapahoe Rd in Centennial, Colorado that received a Coronavirus-related PPP loan from the SBA of $75,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
5Loan Approved:
2020-04-07Lender:
FIRST NATIONAL BANKJR Phillips & Associates, PC received a Paycheck Protection Loan of $75,200 through FIRST NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, JR Phillips & Associates, PC's total 2019 payroll expenses were approximately $360,960 in order to qualify for the PPP loan amount received.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $72,192 per employee1.
Business Information - JR Phillips & Associates, PC in Centennial, CO
7700 E Arapahoe Rd
Centennial, CO 80112
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-06Similar Companies near Centennial
In the Centennial area, 185 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 5) and received an average PPP loan of $118,855 (compared to this company's $75,200).
Similar Nearby Businesses Who Received PPP Funding:
Law Firm Of Alan G Molk PC
Centennial, CO
Pedley Law PLLC
Englewood, CO
The Law Office Of Skipton Reynolds, LLC
Contennial, CO
Philip C. Zimmerman
Greenwood Village, CO
Burk & Burk
Englewood, CO
Wachsmann & Associates PC
Englewood, CO
Heckenbach Suazo LLP
Greenwood Village, CO
Fainberg Law Group PLLC
Greenwood Village, CO
John H. Davis Attorney At Law
Greenwood Village, CO
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, 20% higher than JR Phillips & Associates, PC's reported 5 employees, and received an average PPP loan of $94,010, 25% higher than this company's loan of $75,200.
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.
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