PPP Loan Data — Cooper Carry Inc, Atlanta, GA
Cooper Carry Inc is a corporation located at 191 Peachtree Street, Ne Suite 2400 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $5,898,746.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Cooper Carry Inc in Atlanta, GA received a Paycheck Protection Loan of $5.9M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cooper Carry Inc's total 2019 payroll expenses were approximately $28.31M in order to qualify for the PPP loan amount received.
Based on their reported 325 jobs retained, this equals an estimated average yearly compensation of $87,120 per employee1.
Business Information - Cooper Carry Inc in Atlanta, GA
191 Peachtree Street, Ne Suite 2400
Atlanta, GA 30303
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-05
Similar Companies near Atlanta
In the Atlanta area, 15 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 325) and received an average PPP loan of $719,805 (compared to this company's $5.9M).
Similar Nearby Businesses Who Received PPP Funding:
Cognitive Design LLC
Mcafee 3 Architects, Inc.
Stevens & Wilkinson, Inc.
Stevens & Wilkinson GA, Inc
The Epsten Group, Inc.
Rabun Architects Inc
5G Studio Atlanta, LLC
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, 98% lower than Cooper Carry Inc's reported 325 employees, and received an average PPP loan of $149,750, 97% lower than this company's loan of $5.9M.
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.
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