PPP Loan Data — Williams Parker Harrison Dietz & Getzen, PLLC, Sarasota, FL
Williams Parker Harrison Dietz & Getzen, PLLC is a partnership located at 200 Orange Ave in Sarasota, Florida that received a Coronavirus-related PPP loan from the SBA of $1,598,981.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Sabal Palm Bank
Williams Parker Harrison Dietz & Getzen, PLLC in Sarasota, FL received a Paycheck Protection Loan of $1.6M through Sabal Palm Bank, 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, Williams Parker Harrison Dietz & Getzen, PLLC's 2019 payroll expenses are estimated to be at least $7.68M.
Based on their reported 109 jobs retained, this equals an estimated average yearly compensation of $70,414 per employee1
Reported PPP Proceed Usage:
On the PPP application, Williams Parker Harrison Dietz & Getzen, PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,598,981
Business Information - Williams Parker Harrison Dietz & Getzen, PLLC in Sarasota, FL
200 Orange Ave
Sarasota, FL 34236
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 Sarasota
In the Sarasota area, 204 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 109) and received an average PPP loan of $87,379 (compared to this company's $1.6M).
Similar Nearby Businesses Who Received PPP Funding:
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Benjamin G. Martin, ESQ
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Dreyer & Dreyer
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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, 94% lower than Williams Parker Harrison Dietz & Getzen, PLLC's reported 109 employees, and received an average PPP loan of $81,518, 95% lower than this company's loan of $1.6M.
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Footnotes & Information
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