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PPP Loan Data — Maron Marvel Bradley Anderson &Tardy LLC,
Wilmington, DE
Maron Marvel Bradley Anderson &Tardy LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Lawyers
Location: Wilmington, DE
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Maron Marvel Bradley Anderson &Tardy LLC is a limited liability company (LLC) located at 1201 N Market St in Wilmington, Delaware that received a Coronavirus-related PPP loan from the SBA of $3,855,829.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
192Loan Approved:
2020-04-14Lender:
FULTON BANK, NATIONAL ASSOCIATIONMaron Marvel Bradley Anderson &Tardy LLC received a Paycheck Protection Loan of $3.86M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Maron Marvel Bradley Anderson &Tardy LLC's total 2019 payroll expenses were approximately $18.51M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $96,396 per employee1.
Business Information - Maron Marvel Bradley Anderson &Tardy LLC in Wilmington, DE
1201 N Market St
Wilmington, DE 19801
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: DE-Similar Companies near Wilmington
In the Wilmington area, 66 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 192) and received an average PPP loan of $275,443 (compared to this company's $3.86M).
Similar Nearby Businesses Who Received PPP Funding:
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Monzack Mersky Mclaughlin And Browder PA
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Edward C. Pankowski, Jr., Attorney
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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 Maron Marvel Bradley Anderson &Tardy LLC's reported 192 employees, and received an average PPP loan of $94,010, 98% lower than this company's loan of $3.86M.
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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