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 |
---|---|
Exodus Rehabilitation, Inc. | $227,900 |
Bracewell, Inc. | $195,000 |
Layne & Barth Family Dentistry P. A. | $150,000 |
R & M Holley, LLC | $63,610 |
Myron D Schrock PA, D.M.D. | $60,935 |
Fiddlers Main St., LLC | $52,634 |
Fiddlers, Inc. | $38,538 |
Rivertown Assisted Living, LLC | $34,814 |
Salon 71, Inc. | $25,250 |
Whaley Heating Air Conditioning & Insulation, Inc. | $20,950 |
Victoria Ebersole | $20,833 |
Thaddeus Simmons | $20,833 |
James Clemons Jr. | $20,833 |
Andrew Armstrong | $20,833 |
Patrick Bess | $20,832 |
Joseph McCrone | $20,832 |
Bria Snowden | $20,832 |
Joseph McCrone | $20,832 |
Don Hogans | $20,832 |
Rebecca Devuyst | $20,750 |
Rebecca Stanley | $20,665 |
New Millennium Training, LLC | $20,182 |
Kevon Godwin | $20,182 |
Marquez Jones | $20,100 |
Jamarcus Williams | $19,531 |
Southeastern Fire Associates, LLC | $18,750 |
Karnell Simmons | $18,709 |
Karnell Simmons | $18,709 |
CMK Trucking, LLC | $18,709 |
Rosevelt Martin | $18,315 |
Elizabeth Perez | $17,562 |
Adams Funeral Home, Inc. | $17,369 |
Marshell Solomon | $16,538 |
Stephan Jones | $16,537 |
Panhandle Non Emergency Transportation | $16,250 |
Albert Johnson | $15,625 |
Alexis Speights | $15,625 |
Lonnie Perez | $15,500 |
Lonnie Perez | $15,500 |
Donald Stanely | $15,407 |
Carol Roper | $14,582 |
Jerry Clark Parrish | $14,300 |
Terrell Stone | $14,137 |
Kyndal Tyre | $11,895 |
Bonita Jones | $11,830 |
Clarissa Hover | $11,830 |
Bonita Jones | $11,830 |
Nicholas Martin | $11,822 |
Christi Shoemake | $11,520 |
Pretty Girlz, LLC | $11,178 |