PPP Loan Data — Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP, Fresno, CA
Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP is a partnership located at 7647 North Fresno St in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $3,928,565.00 in April, 2020.
$ PPP Loan Information
Lender:FRESNO FIRST BANK
Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP in Fresno, CA received a Paycheck Protection Loan of $3.93M through FRESNO FIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP's total 2019 payroll expenses were approximately $18.86M in order to qualify for the PPP loan amount received.
Based on their reported 233 jobs retained, this equals an estimated average yearly compensation of $80,932 per employee1.
Business Information - Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP in Fresno, CA
7647 North Fresno St
Fresno, CA 93720
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-22
Similar Companies near Fresno
In the Fresno area, 90 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 233) and received an average PPP loan of $174,963 (compared to this company's $3.93M).
Similar Nearby Businesses Who Received PPP Funding:
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Law Office Of Rebecca M. Medina, A Professional Corporation
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Nick Zinkin DBA Nick Zinkin Attorney At Law
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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 Mccormick, Barstow, Sheppard, Wayte & Carruth, LLP's reported 233 employees, and received an average PPP loan of $94,010, 98% lower than this company's loan of $3.93M.
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Footnotes & Information
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