These Roswell Businesses Got $2-10M In PPP Loans

Roswell GA

08 July, 2020

2:55 PM

Description

ROSWELL, 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 500 businesses that received some form of a loan in Roswell. Here are some businesses in Roswell that earned PPP loans between $2-10 million, based on data released by the Small Business Administration: $5 to $10 millionMCCALLA RAYMER LEIBERT PIERCE, LLC1544 OLD ALABAMA RDJobs retained: 478S%26S MANAGEMENT GROUP LLC20 Mansell Court East, Suite 500 0.0Jobs retained: 500$2 to $5 millionATLANTIC PACIFIC EQUIPMENT INC1455 Old Alabama Road #100 0.0Jobs retained: 105BIAS CORPORATION1801 Old Alabama RoadJobs retained: 116ISSAM TINA SOLUTIONS, INC.11975 WILDWOOD SPRINGS DRJobs retained: 131KEYSTON BROS., INC.1000 HOLCOMB WOODS PKWY STE 111Jobs retained: 225OTR CAPITAL, LLC1000 HOLCOMB WOODS PKWYJobs retained: 150P MARSHALL & ASSOCIATES LLC1000 Holcomb Woods Pkwy Ste 210Jobs retained: 151PHYSYNERGY LLC1080 Holcomb Bridge RD Suite 100330Jobs retained: 105ROSWELL INFINITI, INC.11405 Alpharetta HwySTONE RESOURCE LLC9755 DOGWOOD ROAD SUITE 350Jobs retained: 205TECHNIPOWER, INC1080 HOLCOMB BRIDGE RD Bldg 100 #250Jobs retained: 137VERTICAL COMMUNICATIONS HOLDCO, INC.1000 HOLCOMB WOODS PKWY SUITE 300Jobs retained: 104More 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.