The data release comes amid growing law firm concerns on whether the spike in COVID-19 infections could lead to more shutdowns, prompting another round of cash flow issues.
December 07, 2020 at 01:00 PM
1 minute read
staff reporter
The original version of this story was published on Daily Report Online
Seven Atlanta-based firms obtained Paycheck Protection Program loans for more than $5 million last spring, according to new data released this month by the Small Business Administration.
Among these firms, national foreclosure firm McCalla Raymer Leibert Pierce secured the maximum $10 million loan amount. Meanwhile, two Am Law 200 firms were among the largest loan recipients: Morris Manning & Martin ($7.26 million) and Smith Gambrell & Russell ($5.47 million).
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Midtown Atlanta with Buckhead skyline in the distance. (Photo: John Disney/ALM)
