PPP Loan Data — Lewis Roca Rothgerber Christie LLP, Phoenix, AZ
Lewis Roca Rothgerber Christie LLP is a partnership located at 201 E. Washington St. in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $8,581,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Lewis Roca Rothgerber Christie LLP in Phoenix, AZ received a Paycheck Protection Loan of $8.58M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lewis Roca Rothgerber Christie LLP's total 2019 payroll expenses were approximately $41.19M in order to qualify for the PPP loan amount received.
Based on their reported 418 jobs retained, this equals an estimated average yearly compensation of $98,540 per employee1.
Business Information - Lewis Roca Rothgerber Christie LLP in Phoenix, AZ
201 E. Washington St.
Phoenix, AZ 85004
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-07
Similar Companies near Phoenix
In the Phoenix area, 146 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 418) and received an average PPP loan of $250,088 (compared to this company's $8.58M).
Similar Nearby Businesses Who Received PPP Funding:
Renaud, Cook, Drury, Mesaros, PA
Tyrone Mitchell PC
Kevin L Beckwith, PC
Habich Law Plc
Matthew B Cunningham PC
The Forakis Law Firm
Law Offices Of Michael J Farrell, PLLC
Kanu & Associates, P. C.
Thomas G Luikens PC
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 Lewis Roca Rothgerber Christie LLP's reported 418 employees, and received an average PPP loan of $94,010, 99% lower than this company's loan of $8.58M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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