PPP Loan Data — Resnick And Louis PC, Scottsdale, AZ
Resnick And Louis PC is a limited liability partnership located at 8111 E Indian Bend Rd in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,532,170.00 in April, 2020.
$ PPP Loan Information
Lender:STEARNS BANK NATIONAL ASSOCIATION
Resnick And Louis PC received a Paycheck Protection Loan of $2.53M through STEARNS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Resnick And Louis PC's total 2019 payroll expenses were approximately $12.15M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $60,772 per employee1.
Business Information - Resnick And Louis PC in Scottsdale, AZ
8111 E Indian Bend Rd
Scottsdale, AZ 85250
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-06
Similar Companies near Scottsdale
In the Scottsdale area, 84 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 200) and received an average PPP loan of $124,935 (compared to this company's $2.53M).
Similar Nearby Businesses Who Received PPP Funding:
Boyer Bohn PC
Martin Aronson Plc
Nearhood Law Offices Plc
Nimbus Legal, PLLC
Jeffrey D Gross PLLC
Law Offices Of Patrick F Keery, PLLC
Joel M Mueller PLLC
Hitchcock Law Offices PLLC
Kalinowski Neal & Associates
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 Resnick And Louis PC's reported 200 employees, and received an average PPP loan of $94,010, 96% lower than this company's loan of $2.53M.
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Footnotes & Information
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