In the first round of Paycheck Protection Program loans, 1,427 businesses in the Perimeter Center, Buckhead and cities of Brookhaven, Dunwoody, Sandy Springs received loans between $150,000 and $5 million.
The U.S. Small Business Administration did not release specific loan amounts, but instead labeled each organization with a range of value for the loans.
Nonprofit organizations took advantage of the PPP, including universities, churches, senior living facilities and private schools.
Brookhaven’s Oglethorpe University, which switched to remote learning at the end of the spring semester due to the pandemic, received a loan between $2 million and $5 million. The loan was to protect 341 jobs.
In Brookhaven, the Lenbrook Square Foundation accepted a loan between $2 million and $5 million. The organization operates a continuing care facility that served an average of 487 residents according to its latest filing with the Internal Revenue Service. The loan was to protect 260 jobs.
TekStream Solutions, a Sandy Springs business, received a loan between $5 million and $10 million to protect 239 jobs for the company, which helps clients with technical expertise and staffing solutions.
The Marcus Jewish Community Center of Atlanta, based in Dunwoody, asked for a loan that fell between $2 million and $5 million for payroll for its 491 employees.
Even healthcare organizations needed PPP funds, with Visiting Nurse Health Systems of Sandy Springs receiving a loan between $2 million and $5 million for payroll of 355 employees.
Consumer guru Clark Howard’s corporation on West Paces Ferry Road in Buckhead received a loan between $150,000 and $350,000 for its 20 employees on payroll.
Holy Innocents’ Episcopal School on Mount Vernon Highway in Sandy Springs got a loan in the range of $2 million to $5 million to protect its 337 employees on payroll.
The Roman Catholic Cathedral of Christ the King in Buckhead received a loan from $1 million to $2 million to protect the payroll for its 144 employees.
The neighboring Episcopal Cathedral of St. Philip received a loan in the range of $350,000 to $1 million for its 69 employees on payroll.
The Galloway School in Buckhead got a loan in the range of $2 million to $5 million for its 160 employees, while Atlanta Jewish Academy in Sandy Springs applied for $1 million to $2 million to protect the payroll for its 118 workers.
Buckhead-headquartered businesses Hennessy Cadillac and La Cima Restaurants both received loans valued between $5 million and $10 million to protect their payrolls of 500 workers. La Cima is one of many restaurant-owning or -franchising companies that sought loans to keep employees after suffering closures and limited service with takeout and delivery services only for several months.
Many hospitals put elective surgery put on hold or extremely limited them. Clinics and physicians’ offices encouraged patients to stay away from their offices if all possible, and definitely if they had coronavirus symptoms. That meant less revenue generated from fewer patient visits. Practices like the Interventional Spine and Pain Management Center on Peachtree Road in Buckhead sought PPP loans to support their payroll, in that case with a loan between $5 million and $10 million for 414 employees.
Springs Publishing, the Reporter’s Sandy Springs-based parent company, also received a PPP loan in the $150,000 to $350,000 category.