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PPP Loan Data — Stoll Keenon Ogden PLLC, Lexington, KY

SBA PPP loan data, payroll data, and salaries for Stoll Keenon Ogden PLLC
KY

Stoll Keenon Ogden PLLC

Entity: Limited Liability Company (LLC)

Industry: All Other Legal Services

Location: Lexington, KY

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Stoll Keenon Ogden PLLC is a limited liability company (LLC) located at 300 West Vine Street Suite 2100 in Lexington, Kentucky that received a Coronavirus-related PPP loan from the SBA of $4,253,400.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 223 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.25M

Jobs Retained:

223

Loan Approved:

2020-04-04

Lender:

STOCK YARDS BANK & TRUST COMPANY

Stoll Keenon Ogden PLLC in Lexington, KY received a Paycheck Protection Loan of $4.25M through STOCK YARDS BANK & TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Stoll Keenon Ogden PLLC's total 2019 payroll expenses were approximately $20.42M in order to qualify for the PPP loan amount received.

Based on their reported 223 jobs retained, this equals an estimated average yearly compensation of $91,553 per employee1.

Because the loan received by Stoll Keenon Ogden PLLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Stoll Keenon Ogden PLLC in Lexington, KY

Stoll Keenon Ogden PLLC
300 West Vine Street Suite 2100
Lexington, KY 40507

Business Industry

All Other Legal Services (NAICS code 541199)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: KY-06

Similar Companies near Lexington

In the Lexington area, 3 businesses in the "All Other Legal Services" industry received a PPP loan. These local businesses reported an average of 75 employees (compared to this company's 223) and received an average PPP loan of $1,420,795 (compared to this company's $4.25M).

Industry PPP Comparison Statistics

Nationwide, 7,395 businesses in the "All Other Legal Services" industry received a total of $496,918,317.00 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 4 employees, 98% lower than Stoll Keenon Ogden PLLC's reported 223 employees, and received an average PPP loan of $67,197, 98% lower than this company's loan of $4.25M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/stoll-keenon-ogden-pllc-lexington-ky