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PPP Loan Data — Mcgivney, Kluger, Clark, & Intoccia, PC,
Florham Park, NJ
Mcgivney, Kluger, Clark, & Intoccia, PC
Entity: Corporation
Industry: Offices of Lawyers
Location: Florham Park, NJ
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Mcgivney, Kluger, Clark, & Intoccia, PC is a corporation located at 18 Columbia Tpke in Florham Park, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,064,162.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
168Loan Approved:
2020-04-27Lender:
LAKELAND BANKMcgivney, Kluger, Clark, & Intoccia, PC received a Paycheck Protection Loan of $3.06M through LAKELAND BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mcgivney, Kluger, Clark, & Intoccia, PC's total 2019 payroll expenses were approximately $14.71M in order to qualify for the PPP loan amount received.
Based on their reported 168 jobs retained, this equals an estimated average yearly compensation of $87,547 per employee1.
Business Information - Mcgivney, Kluger, Clark, & Intoccia, PC in Florham Park, NJ
18 Columbia Tpke
Florham Park, NJ 7932
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-11Similar Companies near Florham Park
In the Florham Park area, 42 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 168) and received an average PPP loan of $464,151 (compared to this company's $3.06M).
Similar Nearby Businesses Who Received PPP Funding:
Boyar Suozzo, A Professional Corporation
Florham Park, NJ
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Florham Park, NJ
Winter & Winkler A Professional Corporat
Florham Park, NJ
Levine & Levine
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Schenck Price Smith & King, LLP
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Sherman Wells Sylvester & Stamelman LLP
Florham Park, NJ
Horowitz Law Group LLC
Far Hills, NJ
Green & Savits LLC
Florham Park, NJ
Bonny G Rafel, LLC
Florham Park, NJ
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 Mcgivney, Kluger, Clark, & Intoccia, PC's reported 168 employees, and received an average PPP loan of $94,010, 97% lower than this company's loan of $3.06M.
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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