PPP Loan Data — Stradley, Ronon, Stevens & Young, LLP, Philadelphia, PA
Stradley, Ronon, Stevens & Young, LLP is a limited liability partnership located at 2600 One Commerce Square in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,825,000.00 in April, 2020.
$ PPP Loan Information
Stradley, Ronon, Stevens & Young, LLP received a Paycheck Protection Loan of $4.83M through MERIDIAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stradley, Ronon, Stevens & Young, LLP's total 2019 payroll expenses were approximately $23.16M in order to qualify for the PPP loan amount received.
Based on their reported 268 jobs retained, this equals an estimated average yearly compensation of $86,418 per employee1.
Business Information - Stradley, Ronon, Stevens & Young, LLP in Philadelphia, PA
2600 One Commerce Square
Philadelphia, PA 19103
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-03
Similar Companies near Philadelphia
In the Philadelphia area, 438 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 268) and received an average PPP loan of $298,977 (compared to this company's $4.83M).
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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, 98% lower than Stradley, Ronon, Stevens & Young, LLP's reported 268 employees, and received an average PPP loan of $94,010, 98% lower than this company's loan of $4.83M.
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Footnotes & Information
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