PPP Loan Data — Richard Lee Averitte, Jr, PLLC, Scottsdale, AZ
Richard Lee Averitte, Jr, PLLC
Entity: Limited Liability Company (LLC)
Location: Scottsdale, AZTweet This • Search All PPP Data
Richard Lee Averitte, Jr, PLLC is a limited liability company (LLC) located at 20401 N 73rd St in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,494,742.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Richard Lee Averitte, Jr, PLLC in Scottsdale, AZ received a Paycheck Protection Loan of $2.49M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Richard Lee Averitte, Jr, PLLC's total 2019 payroll expenses were approximately $11.97M in order to qualify for the PPP loan amount received.
Based on their reported 155 jobs retained, this equals an estimated average yearly compensation of $77,257 per employee1.
Business Information - Richard Lee Averitte, Jr, PLLC in Scottsdale, AZ
20401 N 73rd St
Scottsdale, AZ 85255
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-06
Similar Companies near Scottsdale
In the Scottsdale area, 110 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 155) and received an average PPP loan of $131,029 (compared to this company's $2.49M).
Similar Nearby Businesses Who Received PPP Funding:
Bosa Medical Company, PLLC
Peter C Witt MD PLLC
Atria Heart PLLC
Phoenician Foot & Ankle Specialists LLC
Kiera Smialek Ford
First Responders, Inc
Pulsed Medical Consulting
Melmed Center, PLLC
Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 94% lower than Richard Lee Averitte, Jr, PLLC's reported 155 employees, and received an average PPP loan of $138,136, 94% lower than this company's loan of $2.49M.
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