PPP Loan Data — Law Offices Of Yan E. Shrayberman, Fresno, CA
Law Offices Of Yan E. Shrayberman is a subchapter s corporation located at 5151 North Palm Avenue in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
Law Offices Of Yan E. Shrayberman in Fresno, CA received a Paycheck Protection Loan of $25,000 through MBE Capital Partners, which was approved in May, 2020.
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 Offices Of Yan E. Shrayberman's 2019 payroll expenses are estimated to be at least $120,000 (not accounting for salary amounts > $100k).
Because the 1 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Reported PPP Proceed Usage:
On the PPP application, Law Offices Of Yan E. Shrayberman reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Law Offices Of Yan E. Shrayberman in Fresno, CA
5151 North Palm Avenue
Fresno, CA 93704
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Fresno
In the Fresno area, 50 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $115,332 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Law Office Of Eric P. Escamilla, Inc
Gregory W Fox
Woodward Law Group, PC
Chris Fisher, OD., Inc
Arisian Law Group, PC
Theodore W Hoppe
Steven R. Hrdlicka, Attorney At Law
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, 500% higher than Law Offices Of Yan E. Shrayberman's reported 1 employees, and received an average PPP loan of $81,518, 226% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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