PPP Loan Data — Law Office Of James M. Linehan Lpa, Columbus, OH
Law Office Of James M. Linehan Lpa is a corporation located at 165 E. Livingston Ave in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,365.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Park National Bank
Law Office Of James M. Linehan Lpa in Columbus, OH received a Paycheck Protection Loan of $25,365 through The Park National Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Law Office Of James M. Linehan Lpa's 2019 payroll expenses are estimated to be at least $121,752.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,584 per employee1
Reported PPP Proceed Usage:
On the PPP application, Law Office Of James M. Linehan Lpa reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,047
- Utilities: $565
- Rent: $4,600
- Health Care: $153
Business Information - Law Office Of James M. Linehan Lpa in Columbus, OH
165 E. Livingston Ave
Columbus, OH 43215
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Columbus
In the Columbus area, 345 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 3) and received an average PPP loan of $120,522 (compared to this company's $25,365).
Similar Nearby Businesses Who Received PPP Funding:
Riddell Law LLC
Jeffcott Law LLC
Mark J Miller
Dustin M Blake Co LLC
Fisher, Skrobot, & Sheraw, LLC
Kayne Law Group Co. PA
Sugar Law LLC
Butler Cincione And Dicuccio
Sander Law, LLC
Industry PPP Comparison Statistics
Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B 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, 100% higher than Law Office Of James M. Linehan Lpa's reported 3 employees, and received an average PPP loan of $81,518, 221% higher than this company's loan of $25,365.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!