PPP Loan Data — Weber Gallagher Simpson Stapleton Fires & Newby, LLP, Philadelphia, PA
Weber Gallagher Simpson Stapleton Fires & Newby, LLP is a partnership located at 2000 Market St in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,811,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 237 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRSTRUST SAVINGS BANK
Weber Gallagher Simpson Stapleton Fires & Newby, LLP in Philadelphia, PA received a Paycheck Protection Loan of $4.81M through FIRSTRUST SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Weber Gallagher Simpson Stapleton Fires & Newby, LLP's total 2019 payroll expenses were approximately $23.09M in order to qualify for the PPP loan amount received.
Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $97,438 per employee1.
Business Information - Weber Gallagher Simpson Stapleton Fires & Newby, LLP in Philadelphia, PA
2000 Market St
Philadelphia, PA 19103
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional 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 237) and received an average PPP loan of $298,977 (compared to this company's $4.81M).
Similar Nearby Businesses Who Received PPP Funding:
Cibik & Cataldo, PC
The Garner Firm, LTD
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Getson & Schatz, PC
Brandon Perloff PC
Badey, Sloan & Digenova, PC
Law Office Of Ying Zhou PLLC
Dion Goldberger Attys At Law
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, 97% lower than Weber Gallagher Simpson Stapleton Fires & Newby, LLP's reported 237 employees, and received an average PPP loan of $94,010, 98% lower than this company's loan of $4.81M.
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Footnotes & Information
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