PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Postlethwaite & Netterville (A Professional Accounting Corpo, Baton Rouge, LA

SBA PPP loan data, payroll data, and salaries for Postlethwaite & Netterville (A Professional Accounting Corpo
LA

Postlethwaite & Netterville (A Professional Accounting Corpo

Entity: Subchapter S Corporation

Industry: Offices of Certified Public Accountants

Location: Baton Rouge, LA

Search All PPP Data

Postlethwaite & Netterville (A Professional Accounting Corpo is a subchapter s corporation located at 8550 United Plaza Blvd, Suite 1001 in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $6,641,880.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$6.64M

Jobs Retained:

388

Loan Approved:

2020-04-10

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Postlethwaite & Netterville (A Professional Accounting Corpo in Baton Rouge, LA received a Paycheck Protection Loan of $6.64M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Postlethwaite & Netterville (A Professional Accounting Corpo's total 2019 payroll expenses were approximately $31.88M in order to qualify for the PPP loan amount received.

Based on their reported 388 jobs retained, this equals an estimated average yearly compensation of $82,168 per employee1.

Because the loan received by Postlethwaite & Netterville (A Professional Accounting Corpo is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Postlethwaite & Netterville (A Professional Accounting Corpo in Baton Rouge, LA

Postlethwaite & Netterville (A Professional Accounting Corpo
8550 United Plaza Blvd, Suite 1001
Baton Rouge, LA 70809

Business Industry

Offices of Certified Public Accountants (NAICS code 541211)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: LA-06

Similar Companies near Baton Rouge

In the Baton Rouge area, 26 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 388) and received an average PPP loan of $399,634 (compared to this company's $6.64M).

Industry PPP Comparison Statistics

Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 98% lower than Postlethwaite & Netterville (A Professional Accounting Corpo's reported 388 employees, and received an average PPP loan of $88,968, 99% lower than this company's loan of $6.64M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/postlethwaite-and-netterville-a-professional-accounting-corpo-baton-rouge-la