PPP Loan Data — Hollis Cobb Associates, Inc., Duluth, GA
Hollis Cobb Associates, Inc. is a subchapter s corporation located at 3175 Satellite Blvd. Bldg. 600, Ste. 400 in Duluth, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,371,547.00 in April, 2020.
$ PPP Loan Information
Hollis Cobb Associates, Inc. received a Paycheck Protection Loan of $3.37M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hollis Cobb Associates, Inc.'s total 2019 payroll expenses were approximately $16.18M in order to qualify for the PPP loan amount received.
Based on their reported 323 jobs retained, this equals an estimated average yearly compensation of $50,103 per employee1.
Business Information - Hollis Cobb Associates, Inc. in Duluth, GA
3175 Satellite Blvd. Bldg. 600, Ste. 400
Duluth, GA 30096
Collection Agencies (NAICS code 561440)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-07
Similar Companies near Duluth
In the Duluth area, 4 businesses in the "Collection Agencies" industry received a PPP loan. These local businesses reported an average of 87 employees (compared to this company's 323) and received an average PPP loan of $928,787 (compared to this company's $3.37M).
Similar Nearby Businesses Who Received PPP Funding:
The Hirsch Collection LLC
Berkeley Lake, GA
Industry PPP Comparison Statistics
Nationwide, 1,688 businesses in the "Collection Agencies" industry received a total of $422,227,575.00 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 20 employees, 94% lower than Hollis Cobb Associates, Inc.'s reported 323 employees, and received an average PPP loan of $250,135, 93% lower than this company's loan of $3.37M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!