The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
| Name of Borrower | Current Approved Amount |
|---|---|
| Tanner Coatings & Pipeline Services, Inc. | $117,690 |
| Homestead Restaurant, Inc. | $67,315 |
| Grinder's Switch Winery, Inc. | $46,550 |
| Gilbert's Welding & Machine Shop, Inc. | $42,515 |
| Porter Brothers Farms, LLC | $41,666 |
| Capjem, Inc. | $40,695 |
| Parul Govindbhai | $40,173 |
| Harvill & Associates, P.C. | $35,735 |
| Gilliam, Inc. | $34,858 |
| Phase 1 Construction, LLC | $28,485 |
| Centerville Tire and Auto, LLC | $25,245 |
| Absolute Crane Technologies, LLC | $21,700 |
| Corey King | $20,833 |
| Mary Edwards | $20,833 |
| Bruce Magoon | $20,833 |
| William Leighton | $20,833 |
| Forest Marketing Group, LLC | $20,833 |
| Melanie Totty Cagle Attorney at Law | $20,833 |
| JMS Construction, LLC | $20,833 |
| Louie Ruiz | $17,073 |
| Louie Ruiz | $17,073 |
| Darlene Miller | $16,837 |
| Mark Wright | $16,400 |
| David Rudolph | $14,916 |
| Angela King | $14,500 |
| Anthony Pesnell | $12,805 |
| Anthony Pesnell | $12,805 |
| Joel Dunn | $12,292 |
| Kayla Shepherd | $12,195 |
| Hunter Rudolph | $12,052 |
| Robert Bliss | $11,543 |
| Richard Depriest | $9,937 |
| Blake Graham | $9,779 |
| Autumn Vespie | $8,920 |
| McKenzie Kihneman | $8,750 |
| McKenzie Kihneman | $8,750 |
| Phillip A. Tune | $7,642 |
| Amy Dunn | $6,790 |
| Creative Images by Jennifer | $6,500 |
| Donna Barber | $6,308 |
| Edwin Prince | $6,180 |
| Jerry Hickerson | $6,075 |
| Lee Orton | $5,880 |
| Lyle Shepherd | $5,575 |
| Jessica Farley | $5,499 |
| Joseph Capps | $5,395 |
| Joseph Capps | $5,395 |
| Joshua Cope | $3,885 |
| David Grimes | $3,723 |
| Michael Fowlkes | $3,676 |
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