PPP Loan Data — Whitehill Law Offices, PC, Tucson, AZ
Whitehill Law Offices, PC is a corporation located at 2730 E. Broadway, Suite 160 in Tucson, Arizona that received a Coronavirus-related PPP loan from the SBA of $46,195.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of the West
Whitehill Law Offices, PC in Tucson, AZ received a Paycheck Protection Loan of $46,195 through Bank of the West, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Whitehill Law Offices, PC's 2019 payroll expenses are estimated to be at least $221,736.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,347 per employee1
Reported PPP Proceed Usage:
On the PPP application, Whitehill Law Offices, PC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,195
Business Information - Whitehill Law Offices, PC in Tucson, AZ
2730 E. Broadway, Suite 160
Tucson, AZ 85716
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tucson
In the Tucson area, 47 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 5) and received an average PPP loan of $67,915 (compared to this company's $46,195).
Similar Nearby Businesses Who Received PPP Funding:
Brown And Wohlford, PLLC
West-Watt Law, Plc
Daniel J Rylander PC
The Huff Law Firm, PLLC
Law Office Of Juliana L Ore-Giron PLLC
The Law Office Of Mark F Willimann LLC
Hameroff Law Group, PC
Goodman & Goodman Plc
Industry PPP Comparison Statistics
Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B 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 Whitehill Law Offices, PC's reported 5 employees, and received an average PPP loan of $81,518, 76% higher than this company's loan of $46,195.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!