PPP Loan Data — Mcangus Goudelock Courie, LLC, Columbia, SC
Mcangus Goudelock Courie, LLC is a limited liability company (LLC) located at 1320 Main Street; Meridian Bldg; 10th Floor in Columbia, South Carolina that received a Coronavirus-related PPP loan from the SBA of $8,644,600.00 in July, 2020.
$ PPP Loan Information
Lender:FIRST PALMETTO BANK
Mcangus Goudelock Courie, LLC in Columbia, SC received a Paycheck Protection Loan of $8.64M through FIRST PALMETTO BANK, which was approved in July, 2020.
Based on standard PPP eligibility rules, Mcangus Goudelock Courie, LLC's total 2019 payroll expenses were approximately $41.49M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $82,988 per employee1.
Business Information - Mcangus Goudelock Courie, LLC in Columbia, SC
1320 Main Street; Meridian Bldg; 10th Floor
Columbia, SC 29201
Offices of Lawyers (NAICS code 541110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-06
Similar Companies near Columbia
In the Columbia area, 162 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 500) and received an average PPP loan of $210,122 (compared to this company's $8.64M).
Similar Nearby Businesses Who Received PPP Funding:
Kimberly A Raber, PA
Cromer, Babb, Porter, & Hicks LLC
Harris And Graves PA
Kenneth Mathews DBA None
Barnes Alford Stork & Johnson LLP
Allen E Fulmer PA
Charles E Johnson, PA
Rogers Townsend LLC
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, 99% lower than Mcangus Goudelock Courie, LLC's reported 500 employees, and received an average PPP loan of $94,010, 99% lower than this company's loan of $8.64M.
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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