PPP Loan Data — T5 Data Centers, LLC, Atlanta, GA
T5 Data Centers, LLC is a limited liability company (LLC) located at 3344 Peachtree Rd in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,975,461.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
T5 Data Centers, LLC in Atlanta, GA received a Paycheck Protection Loan of $2.98M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, T5 Data Centers, LLC's total 2019 payroll expenses were approximately $14.28M in order to qualify for the PPP loan amount received.
Unlike most businesses, T5 Data Centers, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - T5 Data Centers, LLC in Atlanta, GA
3344 Peachtree Rd
Atlanta, GA 30326
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Atlanta
In the Atlanta area, 46 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 0) and received an average PPP loan of $178,024 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
Haven Campus Communities, LLC
Wayland H Swan Jr
Maximus Management Inc
Ashley Battleson LLC
Newport Development Partners, LLC
Mcdonald Development Company
Monarch Private Capital LLC
Hunter Realty Associates, Inc.
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% 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, and received an average PPP loan of $62,929, 98% lower than this company's loan of $2.98M.
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Footnotes & Information
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