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PPP Loan Data — Lurie, LLP,
Minneapolis, MN
Lurie, LLP
Entity: Limited Liability Partnership
Industry: Offices of Certified Public Accountants
Location: Minneapolis, MN
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Lurie, LLP is a limited liability partnership located at 2501 Wayzata Blvd in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,638,900.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 158 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
158Loan Approved:
2020-04-06Lender:
BRIDGEWATER BANKLurie, LLP received a Paycheck Protection Loan of $2.64M through BRIDGEWATER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lurie, LLP's total 2019 payroll expenses were approximately $12.67M in order to qualify for the PPP loan amount received.
Based on their reported 158 jobs retained, this equals an estimated average yearly compensation of $80,169 per employee1.
Business Information - Lurie, LLP in Minneapolis, MN
2501 Wayzata Blvd
Minneapolis, MN 55405
Business Industry
Offices of Certified Public Accountants (NAICS code 541211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: MN-05Similar Companies near Minneapolis
In the Minneapolis area, 7 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 158) and received an average PPP loan of $405,522 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Robert Drake Batt
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Ken Struwe LTD
Minneapolis, MN
Orenstein, LLP
Minneapolis, MN
Jigis & Associates LLC
Minneapolis, MN
Am Financial Services Inc
Minneapolis, MN
Sherburne & Dahl LTD
Minneapolis, MN
Industry PPP Comparison Statistics
Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 96% lower than Lurie, LLP's reported 158 employees, and received an average PPP loan of $88,968, 97% lower than this company's loan of $2.64M.
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.
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