FederalPay.org
PPP Loan Data — Associated Space Design Inc,
Atlanta, GA
Associated Space Design Inc
Entity: Corporation
Industry: Architectural Services
Location: Atlanta, GA
Tweet This
•
Search All PPP Data
Associated Space Design Inc is a corporation located at 55 Ivan Allen Jr Blvd Nw Ste 100 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,400,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
195Loan Approved:
2020-04-12Lender:
SOUTH STATE BANK, NATIONAL ASSOCIATIONAssociated Space Design Inc in Atlanta, GA received a Paycheck Protection Loan of $3.4M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Associated Space Design Inc's total 2019 payroll expenses were approximately $16.32M in order to qualify for the PPP loan amount received.
Based on their reported 195 jobs retained, this equals an estimated average yearly compensation of $83,692 per employee1.
Business Information - Associated Space Design Inc in Atlanta, GA
55 Ivan Allen Jr Blvd Nw Ste 100
Atlanta, GA 30308
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-05Similar Companies near Atlanta
In the Atlanta area, 38 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 195) and received an average PPP loan of $313,104 (compared to this company's $3.4M).
Similar Nearby Businesses Who Received PPP Funding:
Graysonharris Interiors Design LLC
Atlanta, GA
Appleby + Laccetti Architects, Inc.
Atlanta, GA
Robert M. Cain, Architect
Atlanta, GA
D. Stanley Dixon Architect
Atlanta, GA
Godiers Architecture, Inc.
Atlanta, GA
Ross Piper Architect
Atlanta, GA
Gray Reese LLC
Atlanta, GA
Summerour & Associates Architects, Inc.
Atlanta, GA
Point Office, LLC
Atlanta, GA
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 96% lower than Associated Space Design Inc's reported 195 employees, and received an average PPP loan of $149,750, 96% lower than this company's loan of $3.4M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!