PPP Loan Data — Legal Aid Of North Carolina, Inc., Raleigh, NC
Legal Aid Of North Carolina, Inc. is a non-profit organization located at 224 S. Dawson Street in Raleigh, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,444,300.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Legal Aid Of North Carolina, Inc. in Raleigh, NC received a Paycheck Protection Loan of $3.44M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Legal Aid Of North Carolina, Inc.'s total 2019 payroll expenses were approximately $16.53M in order to qualify for the PPP loan amount received.
Unlike most businesses, Legal Aid Of North Carolina, Inc.'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 - Legal Aid Of North Carolina, Inc. in Raleigh, NC
224 S. Dawson Street
Raleigh, NC 27601
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-04
Similar Companies near Raleigh
In the Raleigh area, 68 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 0) and received an average PPP loan of $265,087 (compared to this company's $3.44M).
Similar Nearby Businesses Who Received PPP Funding:
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Williams Ray, PLLC
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Law Offices Of Duane R Hall II, PLLC
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, 97% lower than this company's loan of $3.44M.
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Footnotes & Information
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