PPP Loan Data — Knobbe, Martens, Olson & Bear, LLP, Irvine, CA
Knobbe, Martens, Olson & Bear, LLP is a partnership located at 2040 Main Street 14th Floor in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $8,666,992.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Knobbe, Martens, Olson & Bear, LLP in Irvine, CA received a Paycheck Protection Loan of $8.67M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Knobbe, Martens, Olson & Bear, LLP's total 2019 payroll expenses were approximately $41.6M in order to qualify for the PPP loan amount received.
Based on their reported 461 jobs retained, this equals an estimated average yearly compensation of $90,242 per employee1.
Business Information - Knobbe, Martens, Olson & Bear, LLP in Irvine, CA
2040 Main Street 14th Floor
Irvine, CA 92614
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 130 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 461) and received an average PPP loan of $235,981 (compared to this company's $8.67M).
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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, 99% lower than Knobbe, Martens, Olson & Bear, LLP's reported 461 employees, and received an average PPP loan of $94,010, 99% lower than this company's loan of $8.67M.
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