There were 118 PPP loans issued in Georgia during the week ending May 24. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Saol Therapeutics, Inc. | 2020-05-18 | $1-2 million |
US Carenet, Inc. | 2020-05-18 | $1-2 million |
Allied Business Systems, LLC | 2020-05-18 | $350,000-1 million |
Arrow, Inc. | 2020-05-18 | $350,000-1 million |
Bometals, Inc. | 2020-05-18 | $350,000-1 million |
Gaines Reservation and Travel | 2020-05-18 | $350,000-1 million |
St. Thomas More Catholic School | 2020-05-18 | $350,000-1 million |
Afdoa, LLC | 2020-05-18 | $150,000-350,000 |
Allen Insurance Group, Inc. | 2020-05-18 | $150,000-350,000 |
Bold Controls, Inc. | 2020-05-18 | $150,000-350,000 |
Demarcos Auto Parts and Body | 2020-05-18 | $150,000-350,000 |
Forcemission, Inc. | 2020-05-18 | $150,000-350,000 |
Global Alliance, LLC | 2020-05-18 | $150,000-350,000 |
Interpest, Inc. | 2020-05-18 | $150,000-350,000 |
King Computer Corporation | 2020-05-18 | $150,000-350,000 |
Mcmichen Electric Company, Inc. | 2020-05-18 | $150,000-350,000 |
Pegasus Capital Group, LLC | 2020-05-18 | $150,000-350,000 |
Regent's Axiom, LLC | 2020-05-18 | $150,000-350,000 |
Shafer Law Firm | 2020-05-18 | $150,000-350,000 |
Southern Crescent Nephrology, PC | 2020-05-18 | $150,000-350,000 |
Synergy Corporate Services, Inc. | 2020-05-18 | $150,000-350,000 |
The Southern Association of Independent Schools, Inc. | 2020-05-18 | $150,000-350,000 |
Staffing 360 Georgia, LLC | 2020-05-19 | $2-5 million |
Beck Education, LLC | 2020-05-19 | $1-2 million |
STF Pro Holdings, LLC | 2020-05-19 | $1-2 million |
Able Mabel Assisted in Home Care Services, LLC | 2020-05-19 | $350,000-1 million |
D C J Enterprises, LLC | 2020-05-19 | $350,000-1 million |
Eastside Baptist Church, Inc. | 2020-05-19 | $350,000-1 million |
J J Jardina Company, Inc. | 2020-05-19 | $350,000-1 million |
Shakoor Motorsports, LLC | 2020-05-19 | $350,000-1 million |
Sterling Realty Management, Inc. | 2020-05-19 | $350,000-1 million |
AE Multi-Diamond Entertainment, Inc. | 2020-05-19 | $150,000-350,000 |
Ambucare, Inc. | 2020-05-19 | $150,000-350,000 |
Aspen Village at Lost Mountain Assisted Living, LLC | 2020-05-19 | $150,000-350,000 |
Beck Building Services | 2020-05-19 | $150,000-350,000 |
Beulah Grove Baptist Church, Inc. | 2020-05-19 | $150,000-350,000 |
Curtis Packing Company, Inc. | 2020-05-19 | $150,000-350,000 |
Duluth Montessori School, Inc. | 2020-05-19 | $150,000-350,000 |
Evans Endeavors, LLC. | 2020-05-19 | $150,000-350,000 |
Gama Sonic USA, Inc. | 2020-05-19 | $150,000-350,000 |
Gotapak of SW GA. | 2020-05-19 | $150,000-350,000 |
Green Oaks Center, Inc. | 2020-05-19 | $150,000-350,000 |
House of Hope Transitional Housing Program, Inc. | 2020-05-19 | $150,000-350,000 |
Legacy Group & Associates, Inc. | 2020-05-19 | $150,000-350,000 |
M. A Express, LLC | 2020-05-19 | $150,000-350,000 |
MI-Kin Creations, Inc. | 2020-05-19 | $150,000-350,000 |
New Covenant Christian Ministries, Inc. | 2020-05-19 | $150,000-350,000 |
Northwest Georgia Dermatology and Skin C | 2020-05-19 | $150,000-350,000 |
R2D2 Innovations Corporation | 2020-05-19 | $150,000-350,000 |
Ridge Road 24, LLC | 2020-05-19 | $150,000-350,000 |
Sherpa Pathways, Inc. | 2020-05-19 | $150,000-350,000 |
Soncel, Inc. | 2020-05-19 | $150,000-350,000 |
Strokers Club | 2020-05-19 | $150,000-350,000 |
Sumter Pediatrics, LLC | 2020-05-19 | $150,000-350,000 |
Verinova Technologies, LLC | 2020-05-19 | $150,000-350,000 |
Atlanticus Services Corporation | 2020-05-20 | $1-2 million |
Mclendon Enterprises, Inc. | 2020-05-20 | $1-2 million |
Athens Model Neighborhood Health Center, Inc. | 2020-05-20 | $350,000-1 million |
Potra Law Firm, LLC | 2020-05-20 | $350,000-1 million |
Saviours, LLC | 2020-05-20 | $350,000-1 million |
Southeastern Stages Tours, Inc. | 2020-05-20 | $350,000-1 million |
Southway Contracting, LLC | 2020-05-20 | $350,000-1 million |
A I E Company, Inc. | 2020-05-20 | $150,000-350,000 |
American Portable Air Conditioning, Inc. | 2020-05-20 | $150,000-350,000 |
Beauxty Rehab | 2020-05-20 | $150,000-350,000 |
Captian Joes Seafood | 2020-05-20 | $150,000-350,000 |
Chestatee Industrial Contractor, LLC | 2020-05-20 | $150,000-350,000 |
Collins Investment Services Group, LLC | 2020-05-20 | $150,000-350,000 |
Genesis Project, Inc. | 2020-05-20 | $150,000-350,000 |
Georgia Subsidiaries of Communities in Schools, LLC | 2020-05-20 | $150,000-350,000 |
Georgia Whirl Productions, LLC | 2020-05-20 | $150,000-350,000 |
Power House Sports Academy | 2020-05-20 | $150,000-350,000 |
Sharp Solutions, Inc. | 2020-05-20 | $150,000-350,000 |
TLA Consulting Group, Inc. | 2020-05-20 | $150,000-350,000 |
William C Stoll, LLC | 2020-05-20 | $150,000-350,000 |
Atlantic Distribution Systems, Inc. | 2020-05-21 | $350,000-1 million |
Great American, Inc. | 2020-05-21 | $350,000-1 million |
Trinity Lifestyles Management, LLC | 2020-05-21 | $350,000-1 million |
911 Expedite, Inc. | 2020-05-21 | $150,000-350,000 |
A-1 Broadcast, LLC | 2020-05-21 | $150,000-350,000 |
Action Engineering, Inc. | 2020-05-21 | $150,000-350,000 |
Action Rentals ATL, LLC | 2020-05-21 | $150,000-350,000 |
Athens Kidney Center, PC | 2020-05-21 | $150,000-350,000 |
BSJ Autosales | 2020-05-21 | $150,000-350,000 |
D & D Fabrication | 2020-05-21 | $150,000-350,000 |
Environmental Management Services, Inc. | 2020-05-21 | $150,000-350,000 |
Evans Technology, Inc. | 2020-05-21 | $150,000-350,000 |
FT Medical Group, LLC | 2020-05-21 | $150,000-350,000 |
Fyegodz Music, Ltd. | 2020-05-21 | $150,000-350,000 |
Oxy-Gen Laboratory, LLC | 2020-05-21 | $150,000-350,000 |
Pelayo Corporation | 2020-05-21 | $150,000-350,000 |
Presbytery of Greater Atlanta, Inc. | 2020-05-21 | $150,000-350,000 |
Quest Energy & Resources | 2020-05-21 | $150,000-350,000 |
R & J Holdings One, LLC | 2020-05-21 | $150,000-350,000 |
Savannah Pain Management, PC | 2020-05-21 | $150,000-350,000 |
The Kane Clinics, LLC | 2020-05-21 | $150,000-350,000 |
VSM Aberdeen Dental, PC | 2020-05-21 | $150,000-350,000 |
Workplace Installation Group | 2020-05-21 | $150,000-350,000 |
Cherokee Charter Academy, Inc. | 2020-05-22 | $350,000-1 million |
Clairmont Place Condominium Association, Inc. | 2020-05-22 | $350,000-1 million |
Kennard Enterprises, LLC | 2020-05-22 | $350,000-1 million |
Trinity Life Management, LLC | 2020-05-22 | $350,000-1 million |
Weight Loss Enterprises, Inc. | 2020-05-22 | $350,000-1 million |
Apex Networks | 2020-05-22 | $150,000-350,000 |
Ascend Quality Contracting, LLC | 2020-05-22 | $150,000-350,000 |
Ecolink, Inc. | 2020-05-22 | $150,000-350,000 |
Genesis Quality Group, LLC | 2020-05-22 | $150,000-350,000 |
IN Line Consulting and Joint Ventures | 2020-05-22 | $150,000-350,000 |
Infrastructure and Communication Sol | 2020-05-22 | $150,000-350,000 |
Sandy Springs Development Group, LLC | 2020-05-22 | $150,000-350,000 |
Valdosta Plant Company, Inc. | 2020-05-22 | $150,000-350,000 |
Velocitychain | 2020-05-22 | $150,000-350,000 |
Vip Credit Solutions | 2020-05-22 | $150,000-350,000 |
Atlanta Royal Masquerade | 2020-05-23 | $150,000-350,000 |
Emglov Films, LLC | 2020-05-23 | $150,000-350,000 |
Fortitude, LLC | 2020-05-23 | $150,000-350,000 |
King Global Interprise, Inc. | 2020-05-23 | $150,000-350,000 |
Nephrology Consultants of Georgia, PC | 2020-05-24 | $150,000-350,000 |