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PPP Loan Data — Kennedys Cmk LLP,
Basking Ridge, NJ
Kennedys Cmk LLP
Entity: Partnership
Industry: Offices of Lawyers
Location: Basking Ridge, NJ
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Kennedys Cmk LLP is a partnership located at 120 Mountainview Blvd in Basking Ridge, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,961,277.00 in April, 2020.
The company has reported itself as a female owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-28Lender:
PROVIDENT BANKKennedys Cmk LLP received a Paycheck Protection Loan of $3.96M through PROVIDENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kennedys Cmk LLP's total 2019 payroll expenses were approximately $19.01M in order to qualify for the PPP loan amount received.
Unlike most businesses, Kennedys Cmk LLP's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Kennedys Cmk LLP in Basking Ridge, NJ
120 Mountainview Blvd
Basking Ridge, NJ 7920
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: Unreported
Congressional District: NJ-07Similar Companies near Basking Ridge
In the Basking Ridge area, 23 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 0) and received an average PPP loan of $255,389 (compared to this company's $3.96M).
Similar Nearby Businesses Who Received PPP Funding:
Reppert Kelly & Vytell LLC
Basking Ridge, NJ
Charney IP Law LLC
Basking Ridge, NJ
Reynolds Law Group LLC
Basking Ridge, NJ
Wasserman, Jurista & Stolz PC
Basking Ridge, NJ
The Knapp Law Firm LLC
Basking Ridge, NJ
Chazkel & Associates, LLC
Bedminster, NJ
Purcell Mulcahy & Flanagan, LLC
Bedminster, NJ
Bevan, Mosca & Guiditta PC
Basking Ridge, NJ
Bisogno Loeffler & Zelley LLC
Basking Ridge, NJ
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, and received an average PPP loan of $94,010, 98% lower than this company's loan of $3.96M.
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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