PPP Loan Data — Mcdonnell Boehnen Hulbert & Berghoff LLP, Chicago, IL
Mcdonnell Boehnen Hulbert & Berghoff LLP is a partnership located at 300 S Wacker Drive in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,689,998.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Mcdonnell Boehnen Hulbert & Berghoff LLP received a Paycheck Protection Loan of $2.69M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mcdonnell Boehnen Hulbert & Berghoff LLP's total 2019 payroll expenses were approximately $12.91M in order to qualify for the PPP loan amount received.
Based on their reported 138 jobs retained, this equals an estimated average yearly compensation of $93,565 per employee1.
Business Information - Mcdonnell Boehnen Hulbert & Berghoff LLP in Chicago, IL
300 S Wacker Drive
Chicago, IL 60606
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-07
Similar Companies near Chicago
In the Chicago area, 375 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 138) and received an average PPP loan of $308,610 (compared to this company's $2.69M).
Similar Nearby Businesses Who Received PPP Funding:
Allison, Slutsky & Kennedy, PC
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Carozza Law, LLC
Rachlis Duff & Peel, LLC
Kupiec & Martin, LLC
Whiting Law Group, LTD
Law Offices Of Christine F David
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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, 96% lower than Mcdonnell Boehnen Hulbert & Berghoff LLP's reported 138 employees, and received an average PPP loan of $94,010, 97% lower than this company's loan of $2.69M.
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Footnotes & Information
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