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 |
|---|---|
| Daughrity Excavating & Trucking, LLC | $146,407 |
| PCS of TN, LLC | $138,435 |
| Southeast Flooring Solutions | $102,500 |
| Dennis Harris | $97,383 |
| Smyrna Auto Wash, LLC | $91,810 |
| Kitts Service Company, Inc. | $91,535 |
| William Bell | $65,380 |
| Harber Valve, LLC | $46,968 |
| Cherry Meat Company, LLC | $45,443 |
| Red Cedar Farms, LLC | $34,270 |
| Matt Wilson | $31,288 |
| Gilmac Dairy | $30,535 |
| Holmes Electrical Company | $26,250 |
| Chapel Hill Outdoor & Power, Inc. | $22,209 |
| Matthew Stout | $20,833 |
| Billy Floyd | $20,833 |
| James D. Kieffer | $20,833 |
| T3 Service Company | $20,833 |
| Jason Wheeler | $20,833 |
| The Pearl Reserve, LLC | $20,833 |
| Joseph Hill | $20,833 |
| Dereck Layne | $20,833 |
| Sean Deckert | $20,833 |
| Thomas A. Gentry | $20,833 |
| Timothy Tipps | $20,833 |
| Perry Warren | $20,832 |
| Beasleyland Dairy | $20,832 |
| Michael Waggoner | $20,832 |
| Marty Dennis | $20,395 |
| Michelle Dennis | $20,395 |
| Vitaliy Borisyuk | $19,918 |
| Mark Jergenson | $19,548 |
| Tasha Darnell | $18,522 |
| Victory Farms | $17,806 |
| Kenneth Dehart | $17,709 |
| William Moorehead | $17,343 |
| Phillip Holton | $16,895 |
| Paul Jefferson | $16,257 |
| Samuel Moses | $15,740 |
| Jessica Brown | $15,608 |
| Aari Investment, Inc. | $15,265 |
| Joseph Sprague | $14,269 |
| Nathan J. Todd | $13,591 |
| Willie Dennis | $13,468 |
| Kiss the Dog | $13,455 |
| J & J Homes, LLC | $13,414 |
| Harry Layne Jr. | $13,300 |
| Daniel Bowman | $12,422 |
| Kaitlyn Dennis | $12,358 |
| Kevin McKennon | $12,257 |
| Dona Anderson | $11,477 |
| James Gentry | $10,547 |
| Lanny Harper | $10,505 |
| Lanny Harper | $10,505 |
| Brian Ladd | $10,067 |
| Lawrence Owens | $9,848 |
| Wendell Phifer | $8,891 |
| Tommy Roberson | $8,540 |
| Doulos Financial Consultants, Inc. | $8,172 |
| Chad Gower | $8,154 |
| Joshua Doggett | $8,000 |
| Molly Phifer | $7,713 |
| Lesley Ross | $7,365 |
| Jefferson C. Haynes | $7,343 |
| Alex McPherson | $7,324 |
| Tracy Layne | $7,311 |
| Jamie Gentry | $6,992 |
| Jason Akin | $6,984 |
| Roy Ladd | $5,688 |
| Kathlene Beattie | $5,497 |
| Timothy Deavers | $5,383 |
| Kenneth D. Johns | $5,315 |
| Jeremy Weedman | $5,275 |
| Margaret Bruce | $5,111 |
| Jerry Gentry | $5,039 |
| Jalen Anderson | $4,915 |
| Chady Johns | $4,785 |
| Lesley Wilson | $4,583 |
| Ronald Kaufman | $4,565 |
| Chevy Anderson | $4,183 |
| Amy Rhodes | $4,155 |
| Amy Rhodes | $4,155 |
| Jed Jones | $4,003 |
| Charla Brannon | $3,983 |
| Quintin Watkins | $3,853 |
| Stephen Andrews | $3,796 |
| Joe West | $3,637 |
| Leonard Beasley | $3,345 |
| Tonya Fulton | $3,248 |
| William Howell | $2,610 |
| Crystal Colyer | $2,604 |
| Crystal Colyer | $2,604 |
| William Moorehead | $2,290 |
| Vincent Black | $2,095 |
| Don Beasley | $1,648 |
| Patsy Floyd | $1,571 |
| Joseph Sedlak | $1,463 |
| Dottie Willingham | $1,401 |
| Dottie Willingham | $1,401 |
| April Bishop | $1,400 |
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