There were 118 PPP loans issued in Georgia during the week ending May 24. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Saol Therapeutics, Inc. | 2020-05-18 | $1-2 million |
| US Carenet, Inc. | 2020-05-18 | $1-2 million |
| Allied Business Systems, LLC | 2020-05-18 | $350,000-1 million |
| Arrow, Inc. | 2020-05-18 | $350,000-1 million |
| Bometals, Inc. | 2020-05-18 | $350,000-1 million |
| Gaines Reservation and Travel | 2020-05-18 | $350,000-1 million |
| St. Thomas More Catholic School | 2020-05-18 | $350,000-1 million |
| Afdoa, LLC | 2020-05-18 | $150,000-350,000 |
| Allen Insurance Group, Inc. | 2020-05-18 | $150,000-350,000 |
| Bold Controls, Inc. | 2020-05-18 | $150,000-350,000 |
| Demarcos Auto Parts and Body | 2020-05-18 | $150,000-350,000 |
| Forcemission, Inc. | 2020-05-18 | $150,000-350,000 |
| Global Alliance, LLC | 2020-05-18 | $150,000-350,000 |
| Interpest, Inc. | 2020-05-18 | $150,000-350,000 |
| King Computer Corporation | 2020-05-18 | $150,000-350,000 |
| Mcmichen Electric Company, Inc. | 2020-05-18 | $150,000-350,000 |
| Pegasus Capital Group, LLC | 2020-05-18 | $150,000-350,000 |
| Regent's Axiom, LLC | 2020-05-18 | $150,000-350,000 |
| Shafer Law Firm | 2020-05-18 | $150,000-350,000 |
| Southern Crescent Nephrology, PC | 2020-05-18 | $150,000-350,000 |
| Synergy Corporate Services, Inc. | 2020-05-18 | $150,000-350,000 |
| The Southern Association of Independent Schools, Inc. | 2020-05-18 | $150,000-350,000 |
| Staffing 360 Georgia, LLC | 2020-05-19 | $2-5 million |
| Beck Education, LLC | 2020-05-19 | $1-2 million |
| STF Pro Holdings, LLC | 2020-05-19 | $1-2 million |
| Able Mabel Assisted in Home Care Services, LLC | 2020-05-19 | $350,000-1 million |
| D C J Enterprises, LLC | 2020-05-19 | $350,000-1 million |
| Eastside Baptist Church, Inc. | 2020-05-19 | $350,000-1 million |
| J J Jardina Company, Inc. | 2020-05-19 | $350,000-1 million |
| Shakoor Motorsports, LLC | 2020-05-19 | $350,000-1 million |
| Sterling Realty Management, Inc. | 2020-05-19 | $350,000-1 million |
| AE Multi-Diamond Entertainment, Inc. | 2020-05-19 | $150,000-350,000 |
| Ambucare, Inc. | 2020-05-19 | $150,000-350,000 |
| Aspen Village at Lost Mountain Assisted Living, LLC | 2020-05-19 | $150,000-350,000 |
| Beck Building Services | 2020-05-19 | $150,000-350,000 |
| Beulah Grove Baptist Church, Inc. | 2020-05-19 | $150,000-350,000 |
| Curtis Packing Company, Inc. | 2020-05-19 | $150,000-350,000 |
| Duluth Montessori School, Inc. | 2020-05-19 | $150,000-350,000 |
| Evans Endeavors, LLC. | 2020-05-19 | $150,000-350,000 |
| Gama Sonic USA, Inc. | 2020-05-19 | $150,000-350,000 |
| Gotapak of SW GA. | 2020-05-19 | $150,000-350,000 |
| Green Oaks Center, Inc. | 2020-05-19 | $150,000-350,000 |
| House of Hope Transitional Housing Program, Inc. | 2020-05-19 | $150,000-350,000 |
| Legacy Group & Associates, Inc. | 2020-05-19 | $150,000-350,000 |
| M. A Express, LLC | 2020-05-19 | $150,000-350,000 |
| MI-Kin Creations, Inc. | 2020-05-19 | $150,000-350,000 |
| New Covenant Christian Ministries, Inc. | 2020-05-19 | $150,000-350,000 |
| Northwest Georgia Dermatology and Skin C | 2020-05-19 | $150,000-350,000 |
| R2D2 Innovations Corporation | 2020-05-19 | $150,000-350,000 |
| Ridge Road 24, LLC | 2020-05-19 | $150,000-350,000 |
| Sherpa Pathways, Inc. | 2020-05-19 | $150,000-350,000 |
| Soncel, Inc. | 2020-05-19 | $150,000-350,000 |
| Strokers Club | 2020-05-19 | $150,000-350,000 |
| Sumter Pediatrics, LLC | 2020-05-19 | $150,000-350,000 |
| Verinova Technologies, LLC | 2020-05-19 | $150,000-350,000 |
| Atlanticus Services Corporation | 2020-05-20 | $1-2 million |
| Mclendon Enterprises, Inc. | 2020-05-20 | $1-2 million |
| Athens Model Neighborhood Health Center, Inc. | 2020-05-20 | $350,000-1 million |
| Potra Law Firm, LLC | 2020-05-20 | $350,000-1 million |
| Saviours, LLC | 2020-05-20 | $350,000-1 million |
| Southeastern Stages Tours, Inc. | 2020-05-20 | $350,000-1 million |
| Southway Contracting, LLC | 2020-05-20 | $350,000-1 million |
| A I E Company, Inc. | 2020-05-20 | $150,000-350,000 |
| American Portable Air Conditioning, Inc. | 2020-05-20 | $150,000-350,000 |
| Beauxty Rehab | 2020-05-20 | $150,000-350,000 |
| Captian Joes Seafood | 2020-05-20 | $150,000-350,000 |
| Chestatee Industrial Contractor, LLC | 2020-05-20 | $150,000-350,000 |
| Collins Investment Services Group, LLC | 2020-05-20 | $150,000-350,000 |
| Genesis Project, Inc. | 2020-05-20 | $150,000-350,000 |
| Georgia Subsidiaries of Communities in Schools, LLC | 2020-05-20 | $150,000-350,000 |
| Georgia Whirl Productions, LLC | 2020-05-20 | $150,000-350,000 |
| Power House Sports Academy | 2020-05-20 | $150,000-350,000 |
| Sharp Solutions, Inc. | 2020-05-20 | $150,000-350,000 |
| TLA Consulting Group, Inc. | 2020-05-20 | $150,000-350,000 |
| William C Stoll, LLC | 2020-05-20 | $150,000-350,000 |
| Atlantic Distribution Systems, Inc. | 2020-05-21 | $350,000-1 million |
| Great American, Inc. | 2020-05-21 | $350,000-1 million |
| Trinity Lifestyles Management, LLC | 2020-05-21 | $350,000-1 million |
| 911 Expedite, Inc. | 2020-05-21 | $150,000-350,000 |
| A-1 Broadcast, LLC | 2020-05-21 | $150,000-350,000 |
| Action Engineering, Inc. | 2020-05-21 | $150,000-350,000 |
| Action Rentals ATL, LLC | 2020-05-21 | $150,000-350,000 |
| Athens Kidney Center, PC | 2020-05-21 | $150,000-350,000 |
| BSJ Autosales | 2020-05-21 | $150,000-350,000 |
| D & D Fabrication | 2020-05-21 | $150,000-350,000 |
| Environmental Management Services, Inc. | 2020-05-21 | $150,000-350,000 |
| Evans Technology, Inc. | 2020-05-21 | $150,000-350,000 |
| FT Medical Group, LLC | 2020-05-21 | $150,000-350,000 |
| Fyegodz Music, Ltd. | 2020-05-21 | $150,000-350,000 |
| Oxy-Gen Laboratory, LLC | 2020-05-21 | $150,000-350,000 |
| Pelayo Corporation | 2020-05-21 | $150,000-350,000 |
| Presbytery of Greater Atlanta, Inc. | 2020-05-21 | $150,000-350,000 |
| Quest Energy & Resources | 2020-05-21 | $150,000-350,000 |
| R & J Holdings One, LLC | 2020-05-21 | $150,000-350,000 |
| Savannah Pain Management, PC | 2020-05-21 | $150,000-350,000 |
| The Kane Clinics, LLC | 2020-05-21 | $150,000-350,000 |
| VSM Aberdeen Dental, PC | 2020-05-21 | $150,000-350,000 |
| Workplace Installation Group | 2020-05-21 | $150,000-350,000 |
| Cherokee Charter Academy, Inc. | 2020-05-22 | $350,000-1 million |
| Clairmont Place Condominium Association, Inc. | 2020-05-22 | $350,000-1 million |
| Kennard Enterprises, LLC | 2020-05-22 | $350,000-1 million |
| Trinity Life Management, LLC | 2020-05-22 | $350,000-1 million |
| Weight Loss Enterprises, Inc. | 2020-05-22 | $350,000-1 million |
| Apex Networks | 2020-05-22 | $150,000-350,000 |
| Ascend Quality Contracting, LLC | 2020-05-22 | $150,000-350,000 |
| Ecolink, Inc. | 2020-05-22 | $150,000-350,000 |
| Genesis Quality Group, LLC | 2020-05-22 | $150,000-350,000 |
| IN Line Consulting and Joint Ventures | 2020-05-22 | $150,000-350,000 |
| Infrastructure and Communication Sol | 2020-05-22 | $150,000-350,000 |
| Sandy Springs Development Group, LLC | 2020-05-22 | $150,000-350,000 |
| Valdosta Plant Company, Inc. | 2020-05-22 | $150,000-350,000 |
| Velocitychain | 2020-05-22 | $150,000-350,000 |
| Vip Credit Solutions | 2020-05-22 | $150,000-350,000 |
| Atlanta Royal Masquerade | 2020-05-23 | $150,000-350,000 |
| Emglov Films, LLC | 2020-05-23 | $150,000-350,000 |
| Fortitude, LLC | 2020-05-23 | $150,000-350,000 |
| King Global Interprise, Inc. | 2020-05-23 | $150,000-350,000 |
| Nephrology Consultants of Georgia, PC | 2020-05-24 | $150,000-350,000 |
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