PPP Loan Data — Constangy, Brooks, Smith & Prophete LLP, Atlanta, GA
Constangy, Brooks, Smith & Prophete LLP is a limited liability partnership located at 230 Peachtree St in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,562,142.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Constangy, Brooks, Smith & Prophete LLP received a Paycheck Protection Loan of $4.56M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Constangy, Brooks, Smith & Prophete LLP's total 2019 payroll expenses were approximately $21.9M in order to qualify for the PPP loan amount received.
Based on their reported 258 jobs retained, this equals an estimated average yearly compensation of $84,877 per employee1.
Business Information - Constangy, Brooks, Smith & Prophete LLP in Atlanta, GA
230 Peachtree St
Atlanta, GA 30303
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-05
Similar Companies near Atlanta
In the Atlanta area, 97 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 258) and received an average PPP loan of $342,266 (compared to this company's $4.56M).
Similar Nearby Businesses Who Received PPP Funding:
Small Bail Bonding LLC
King & King Law
Charles M Hall, PC
Wiggam & Geer, LLC
Manettas Law LLC
Hendrick, Phillips, Salzman & Siegel, A Professional Corpora
Williams Oinonen LLC
The Porter Law Firm LLC
Djuric Spratt PA
Industry PPP Comparison Statistics
Nationwide, 126,779 businesses in the "Offices of Lawyers" industry received a total of $11,918,471,350.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Constangy, Brooks, Smith & Prophete LLP's reported 258 employees, and received an average PPP loan of $94,010, 98% lower than this company's loan of $4.56M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!