PPP Loan Data — Landman Corsi Ballaine & Ford PC, Newark, NJ
Landman Corsi Ballaine & Ford PC is a corporation located at One Gateway Center in Newark, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,771,995.00 in April, 2020.
$ PPP Loan Information
Lender:VALLEY NATIONAL BANK
Landman Corsi Ballaine & Ford PC received a Paycheck Protection Loan of $2.77M through VALLEY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Landman Corsi Ballaine & Ford PC's total 2019 payroll expenses were approximately $13.31M in order to qualify for the PPP loan amount received.
Based on their reported 149 jobs retained, this equals an estimated average yearly compensation of $89,299 per employee1.
Business Information - Landman Corsi Ballaine & Ford PC in Newark, NJ
One Gateway Center
Newark, NJ 7102
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-10
Similar Companies near Newark
In the Newark area, 73 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 149) and received an average PPP loan of $362,863 (compared to this company's $2.77M).
Similar Nearby Businesses Who Received PPP Funding:
Alan D. Bowman Attorney-At- Law
Pearlman & Miranda, LLC
Law Office Of Raymond P D Uva
Abromson & Carey
Maduabum Law Firm LLC
Adam W Toraya, ESQ
Cobos & Associates LLC
Law Office Of Dwight H Simon Day LLC
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 Landman Corsi Ballaine & Ford PC's reported 149 employees, and received an average PPP loan of $94,010, 97% lower than this company's loan of $2.77M.
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Footnotes & Information
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