Roughly 15,000 California law firms and legal services received more than $1.5 billion in Paycheck Protection Program loans from the Small Business Administration, which they said preserved about 87,000 legal jobs.
The billion-dollar figure dwarfs the amounts doled out in many other states, Law.com’s analysis of SBA records shows. Pennsylvania law firms, for example, received a little less than $500 million. Florida law firms took a little more than $1 billion in loans, and Texas firms took about $900 million.
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