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PPP Loan Data — O'Neill & Borges, LLC,
San Juan, PR
O'Neill & Borges, LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Lawyers
Location: San Juan, PR
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O'Neill & Borges, LLC is a limited liability company (LLC) located at 250 Ave Munoz Rivera Suite 800 in San Juan, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $2,483,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
142Loan Approved:
2020-04-15Lender:
ORIENTAL BANKO'Neill & Borges, LLC in San Juan, PR received a Paycheck Protection Loan of $2.48M through ORIENTAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, O'Neill & Borges, LLC's total 2019 payroll expenses were approximately $11.92M in order to qualify for the PPP loan amount received.
Based on their reported 142 jobs retained, this equals an estimated average yearly compensation of $83,932 per employee1.
Business Information - O'Neill & Borges, LLC in San Juan, PR
250 Ave Munoz Rivera Suite 800
San Juan, PR 00918
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PR-Similar Companies near San Juan
In the San Juan area, 277 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 142) and received an average PPP loan of $73,917 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Ethel M Santisteban Rivera
San Juan, PR
Goldman Antonetti And Davila
San Juan, PR
Jorge L Marchandheredia
San Juan, PR
R E C Law Services P S C
San Juan, PR
Mario V Di Frisco Perez
San Juan, PR
Edgar Andujar Jimenez
San Juan, PR
MC Salas Diaz Law
San Juan, PR
Angel D Noriega Haifee
San Juan, PR
Jose R Rojas Jimenez
San Juan, PR
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 O'Neill & Borges, LLC's reported 142 employees, and received an average PPP loan of $94,010, 96% lower than this company's loan of $2.48M.
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, 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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