PPP Loan Data — Lueder, Larkin & Hunter, LLC, Alpharetta, GA
Lueder, Larkin & Hunter, LLC is a limited liability company (LLC) located at 5900 Windward Pkwy in Alpharetta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,905,000.00 in April, 2020.
$ PPP Loan Information
Lender:CADENCE BANK, NATIONAL ASSOCIATION
Lueder, Larkin & Hunter, LLC received a Paycheck Protection Loan of $2.91M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lueder, Larkin & Hunter, LLC's total 2019 payroll expenses were approximately $13.94M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $69,720 per employee1.
Business Information - Lueder, Larkin & Hunter, LLC in Alpharetta, GA
5900 Windward Pkwy
Alpharetta, GA 30005
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-06
Similar Companies near Alpharetta
In the Alpharetta area, 40 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 200) and received an average PPP loan of $136,336 (compared to this company's $2.91M).
Similar Nearby Businesses Who Received PPP Funding:
Megan Zavieh, Attorney At Law
Paxin Closing And Escrow LLC
Dale J Jackson PC
Atlanta Divorce Law Group Khaki LLC
North Metro Litigators
Hunter Law, LLC
Law Office Of Valerie Wulff Sherman PC
Law Offices Of Stefanie Ceto
SS Golden & Associates, 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, 97% lower than Lueder, Larkin & Hunter, LLC's reported 200 employees, and received an average PPP loan of $94,010, 97% lower than this company's loan of $2.91M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!