PPP Loan Data — Hallmark Management Inc, Atlanta, GA
Hallmark Management Inc is a corporation located at 3111 Paces Mill Road Suite A250 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,641,426.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 404 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Hallmark Management Inc received a Paycheck Protection Loan of $2.64M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hallmark Management Inc's total 2019 payroll expenses were approximately $12.68M in order to qualify for the PPP loan amount received.
Based on their reported 404 jobs retained, this equals an estimated average yearly compensation of $31,383 per employee1.
Business Information - Hallmark Management Inc in Atlanta, GA
3111 Paces Mill Road Suite A250
Atlanta, GA 30339
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Atlanta
In the Atlanta area, 12 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 404) and received an average PPP loan of $316,596 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Aaria Holdings Inc
Home Now Properties Inc
Walton Construction Services, LP
Star Residential LLC
Compass Investing Group US, LLC
Campus Realty Advisors, LLC
33 Realty Management LLC
Triple B Hospitality - Akers Mill LLC
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 Hallmark Management Inc's reported 404 employees, and received an average PPP loan of $80,929, 97% lower than this company's loan of $2.64M.
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