PPP Loan Data — Newcomb & Boyd, LLP, Atlanta, GA
Newcomb & Boyd, LLP is a partnership located at 303 Peachtree Center Avenue Northeast in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,548,773.00 in May, 2020.
$ PPP Loan Information
Lender:CELTIC BANK CORPORATION
Newcomb & Boyd, LLP received a Paycheck Protection Loan of $3.55M through CELTIC BANK CORPORATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Newcomb & Boyd, LLP's total 2019 payroll expenses were approximately $17.03M in order to qualify for the PPP loan amount received.
Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $89,653 per employee1.
Business Information - Newcomb & Boyd, LLP in Atlanta, GA
303 Peachtree Center Avenue Northeast
Atlanta, GA 30303
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-05
Similar Companies near Atlanta
In the Atlanta area, 11 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 190) and received an average PPP loan of $581,003 (compared to this company's $3.55M).
Similar Nearby Businesses Who Received PPP Funding:
S.L. King & Associates Inc
Ardmore Consulting Group Inc
Khafra Engineering Consultants Inc
Khafra Operations Services
Robert B Jackson IV LLC
Williams-Russell And Johnson, Inc.
Benchmark Management, LLC
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 93% lower than Newcomb & Boyd, LLP's reported 190 employees, and received an average PPP loan of $249,856, 93% lower than this company's loan of $3.55M.
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Footnotes & Information
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