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PPP Loan Data — United Way Of Greater Atlanta Inc,
Atlanta, GA
United Way Of Greater Atlanta Inc
Entity: Non-profit Organization
Industry: Other Individual and Family Services
Location: Atlanta, GA
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United Way Of Greater Atlanta Inc is a non-profit organization located at 40 Courtland Street Ne Ste 300 in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,536,700.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
216Loan Approved:
2020-04-09Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST COUnited Way Of Greater Atlanta Inc in Atlanta, GA received a Paycheck Protection Loan of $3.54M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Way Of Greater Atlanta Inc's total 2019 payroll expenses were approximately $16.98M in order to qualify for the PPP loan amount received.
Based on their reported 216 jobs retained, this equals an estimated average yearly compensation of $78,593 per employee1.
Business Information - United Way Of Greater Atlanta Inc in Atlanta, GA
40 Courtland Street Ne Ste 300
Atlanta, GA 30303
Business Industry
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-05Similar Companies near Atlanta
In the Atlanta area, 6 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 216) and received an average PPP loan of $790,897 (compared to this company's $3.54M).
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Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 92% lower than United Way Of Greater Atlanta Inc's reported 216 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $3.54M.
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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