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PPP Loan Data — Sherman & Howard,
Denver, CO
Sherman & Howard
Entity: Limited Liability Company (LLC)
Industry: Legal Counsel and Prosecution
Location: Denver, CO
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Sherman & Howard is a limited liability company (LLC) located at 633 17th St Ste 3000 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $5,909,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
326Loan Approved:
2020-04-04Lender:
BOKF, NATIONAL ASSOCIATIONSherman & Howard received a Paycheck Protection Loan of $5.91M through BOKF, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sherman & Howard's total 2019 payroll expenses were approximately $28.36M in order to qualify for the PPP loan amount received.
Based on their reported 326 jobs retained, this equals an estimated average yearly compensation of $87,004 per employee1.
Business Information - Sherman & Howard in Denver, CO
633 17th St Ste 3000
Denver, CO 80202
Business Industry
Legal Counsel and Prosecution (NAICS code 922130)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-01Similar Companies near Denver
In the Denver area, 12 businesses in the "Legal Counsel and Prosecution" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 326) and received an average PPP loan of $998,771 (compared to this company's $5.91M).
Similar Nearby Businesses Who Received PPP Funding:
Robertson Law Firm PC
Denver, CO
Brown Gold Law Firm LLC
Denver, CO
Agilis Legal, PC
Denver, CO
Tyson & Gurney LLC
Denver, CO
Wisher Law, LLC
Denver, CO
Center For Legal Advocacy
Denver, CO
Davis Graham & Stubbs LLP
Denver, CO
The Greer Law Group
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 4,522 businesses in the "Legal Counsel and Prosecution" industry received a total of $346,914,341.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Sherman & Howard's reported 326 employees, and received an average PPP loan of $76,717, 99% lower than this company's loan of $5.91M.
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.
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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