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PPP Loan Data — Rosenblum & Rosenblum LLC,
Alexandria, VA
Rosenblum & Rosenblum LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Lawyers
Location: Alexandria, VA
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Rosenblum & Rosenblum LLC is a limited liability company (LLC) located at 333 N Fairfax St Ste 204 in Alexandria, Virginia that received a Coronavirus-related PPP loan from the SBA of $32,970.00 in March, 2021.
$
PPP Loan Information
Loan #7886028508
Loan Size:
Jobs Retained:
3Loan Approved:
2021-03-08Loan Status:
Paid in Full or ForgivenLender:
United BankRosenblum & Rosenblum LLC in Alexandria, VA received a Paycheck Protection Loan of $32,970 through United Bank, which was approved in March, 2021.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Rosenblum & Rosenblum LLC's 2019 payroll expenses are estimated to be at least $158,256.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $52,752 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rosenblum & Rosenblum LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $32,970
Business Information - Rosenblum & Rosenblum LLC in Alexandria, VA
333 N Fairfax St Ste 204
Alexandria, VA 22314
Business Industry:
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Alexandria
In the Alexandria area, 173 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 3) and received an average PPP loan of $130,019 (compared to this company's $32,970).
Similar Nearby Businesses Who Received PPP Funding:
Juneau Partners, PLLC
Alexandria, VA
Hauptman Ham, LLP
Alexandria, VA
Zwerling/Citroberg PLLC
Alexandria, VA
Brundidge & Stanger, PC
Alexandria, VA
Clark & Brody LP
Alexandria, VA
Nath & Associates Professional Limited Liabilitycompany
Alexandria, VA
Frank Salvato, Attorney
Alexandria, VA
Deborah G. Matthews
Alexandria, VA
Thomas J. Curcio PC
Alexandria, VA
Industry PPP Comparison Statistics
Nationwide, 200,503 businesses in the "Offices of Lawyers" industry received a total of $16.38B 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, 100% higher than Rosenblum & Rosenblum LLC's reported 3 employees, and received an average PPP loan of $81,670, 148% higher than this company's loan of $32,970.
Rosenblum Rosenblum LLC
Entity: Limited Liability Company (LLC)
Industry: Legal Counsel and Prosecution
Location: Alexandria, VA
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Rosenblum Rosenblum LLC is a limited liability company (LLC) located at 333 N Fairfax St #204 in Alexandria, Virginia that received a Coronavirus-related PPP loan from the SBA of $18,400.00 in April, 2020.
$
PPP Loan Information
Loan #5521197210
Loan Size:
Jobs Retained:
3Loan Approved:
2020-04-27Loan Status:
Paid in Full or ForgivenLender:
Fountainhead SBF LLCRosenblum Rosenblum LLC in Alexandria, VA received a Paycheck Protection Loan of $18,400 through Fountainhead SBF LLC, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2022.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Rosenblum Rosenblum LLC's 2019 payroll expenses are estimated to be at least $88,320.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $29,440 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rosenblum Rosenblum LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,400
Business Information - Rosenblum Rosenblum LLC in Alexandria, VA
333 N Fairfax St #204
Alexandria, VA 22314
Business Industry:
Legal Counsel and Prosecution
NAICS code 922130
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Alexandria
In the Alexandria area, 12 businesses in the "Legal Counsel and Prosecution" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $54,071 (compared to this company's $18,400).
Similar Nearby Businesses Who Received PPP Funding:
International Legal Counsels PC
Alexandria, VA
Schinstock Bartol, PLLC
Alexandria, VA
Tamika Jones
Alexandria, VA
REX Schultz Gordon
Alexandria, VA
John B. Connor, P.l.c., A Virginia Corporaton
Alexandria, VA
Bartoli Cain Wason PLLC
Alexandria, VA
Nealon & Associates, PC
Alexandria, VA
Cake And Rhoades PC
Alexandria, VA
Industry PPP Comparison Statistics
Nationwide, 9,052 businesses in the "Legal Counsel and Prosecution" industry received a total of $544.18M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 33% higher than Rosenblum Rosenblum LLC's reported 3 employees, and received an average PPP loan of $60,117, 227% higher than this company's loan of $18,400.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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