These Johns Creek Businesses Got $1-5M In PPP Loans

Johns Creek GA

08 July, 2020

2:48 PM

Description

JOHNS CREEK, GA — Businesses affected by the coronavirus pandemic were able to apply for federal relief through the U.S. Small Business Administration and U.S. Treasury's Paycheck Protection Program (PPP). Details were released Monday of the PPP that helped businesses affected by the coronavirus pandemic. The massive data dump came in response to requests for transparency from Democrats and lawsuits filed by major media organizations, including The New York Times; The Washington Post; Dow Jones, publisher of The Wall Street Journal; and ProPublica. More than 4.9 million loans over $150,000 were made to businesses and nonprofit organizations across the country; the total amount for approved loans over that amount was more than $521 billion. There were more than 70 businesses that received some form of a loan in Johns Creek. Here are some businesses in Johns Creek that earned PPP loans between $1-5 million, based on data released by the Small Business Administration: $2 to $5 million HOOVER FOODS INC4030 JOHNS CREEK PKWYJobs retained: 500MT. PISGAH CHRISTIAN SCHOOL9820 Nesbit Ferry RoadJobs retained: 170NICHIHA USA INC6465 E JOHNS XING STE 250Jobs retained: 295$1 to $2 million W. H. BASS, INC.11300 Johns Creek PKWY STE 100Jobs retained: 81More than 18,000 businesses in Georgia were approved for loans greater than $150,000. Those loans account for 865,581 Georgia jobs, according to the SBA. Here's a breakdown of loan amounts approved in Georgia: $5 million to $10 million: 123$2 million to $5 million 624$1 million to $2 million: 1,417$350,000 to $1 million: 5,298$150,000 to $300,000: 10,829Loans to Georgia businesses ran the gamut and included higher education institutions, religious schools, manufacturers, car washes, real estate agent companies and non-profits. A searchable database can be found here of coronavirus loans over $150,000 given to Georgia businesses. Because a business's legal name may not match its publicly known name, Patch has included street addresses so readers can more easily follow the money. All information is as supplied by the SBA. If information is blank, the applicant may not have disclosed it when applying for a loan. The full list of SBA loans across the U.S. can be found here. (The chart of loans to Georgia businesses is best viewed when signed in to Patch. If you see an error message below, click here.) Patch Editor Jim Massara contributed to this article.