PPP Loan Data — The Spear Group, LLC, Peachtree Corners, GA
The Spear Group, LLC is a limited liability company (LLC) located at 3175 Corners N Ct in Peachtree Corners, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,058,000.00 in April, 2020.
$ PPP Loan Information
The Spear Group, LLC in Peachtree Corners, GA received a Paycheck Protection Loan of $4.06M through MIDFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Spear Group, LLC's total 2019 payroll expenses were approximately $19.48M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $77,914 per employee1.
Business Information - The Spear Group, LLC in Peachtree Corners, GA
3175 Corners N Ct
Peachtree Corners, GA 30071
Other Management Consulting Services (NAICS code 541618)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-07
Similar Companies near Peachtree Corners
In the Peachtree Corners area, 13 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 250) and received an average PPP loan of $812,124 (compared to this company's $4.06M).
Similar Nearby Businesses Who Received PPP Funding:
Marsha Enterprises LLC
New Dawn Consulting LLC
Smart Management & Consulting LLC
Peachtree Corners, GA
Professional Communications Management, Inc
Peachtree Corners, GA
Calomeni And Associates LLC
Krishnanco Management LLC
Industry PPP Comparison Statistics
Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 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 4 employees, 98% lower than The Spear Group, LLC's reported 250 employees, and received an average PPP loan of $57,615, 99% lower than this company's loan of $4.06M.
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Footnotes & Information
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