PPP Loan Data — Sterling Seacrest Partners, Inc., Atlanta, GA
Sterling Seacrest Partners, Inc. is a corporation located at 2500 Cumberland Pkwy in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,131,800.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST CHATHAM BANK
Sterling Seacrest Partners, Inc. received a Paycheck Protection Loan of $3.13M through FIRST CHATHAM BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sterling Seacrest Partners, Inc.'s total 2019 payroll expenses were approximately $15.03M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $78,295 per employee1.
Business Information - Sterling Seacrest Partners, Inc. in Atlanta, GA
2500 Cumberland Pkwy
Atlanta, GA 30339
All Other Insurance Related Activities (NAICS code 524298)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Atlanta
In the Atlanta area, 6 businesses in the "All Other Insurance Related Activities" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 192) and received an average PPP loan of $611,233 (compared to this company's $3.13M).
Similar Nearby Businesses Who Received PPP Funding:
Sayj Financial Advisors LLC
The Piedmont Group Of Atlanta LLC
The Nowden Agency, LLC
River Oak Risk, LLC
Vexiom Insurance Inc
Industry PPP Comparison Statistics
Nationwide, 5,456 businesses in the "All Other Insurance Related Activities" industry received a total of $365,950,045.00 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 5 employees, 97% lower than Sterling Seacrest Partners, Inc.'s reported 192 employees, and received an average PPP loan of $67,073, 98% lower than this company's loan of $3.13M.
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Footnotes & Information
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