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PPP Loan Data — Steven K Bell Attorney At Law PC,
Trent Woods, NC
Steven K Bell Attorney At Law PC
Entity: Subchapter S Corporation
Industry: Offices of Lawyers
Location: Trent Woods, NC
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Steven K Bell Attorney At Law PC is a subchapter s corporation located at 2809 Village Way in Trent Woods, North Carolina that received a Coronavirus-related PPP loan from the SBA of $52,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
5Loan Approved:
2020-04-15Lender:
UNION BANKSteven K Bell Attorney At Law PC received a Paycheck Protection Loan of $52,400 through UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Steven K Bell Attorney At Law PC's total 2019 payroll expenses were approximately $251,520 in order to qualify for the PPP loan amount received.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $50,304 per employee1.
Business Information - Steven K Bell Attorney At Law PC in Trent Woods, NC
2809 Village Way
Trent Woods, NC 28562
Business Industry
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NC-03Similar Companies near Trent Woods
In the Trent Woods area, 11 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 5) and received an average PPP loan of $363,336 (compared to this company's $52,400).
Similar Nearby Businesses Who Received PPP Funding:
Thomas A Kellis II PLLC
New Bern, NC
Ward & Smith PA
New Bern, NC
Steven N Long PC
New Bern, NC
Ayers & Haidt, PA
New Bern, NC
Dunn, Pttman, Skinner & Cushman PLLC
New Bern, NC
The E A Wood Law Firm, PLLC
New Bern, NC
Ernest Richardson
Trent Woods, NC
Michelle K. Jerome, Attorney At Law
New Bern, NC
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, 20% higher than Steven K Bell Attorney At Law PC's reported 5 employees, and received an average PPP loan of $94,010, 79% higher than this company's loan of $52,400.
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. 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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