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 |
---|---|
Midland Frosty Freeze, LLC | $38,739 |
Withrow Excavation, LLC | $24,387 |
Lucas and Otis Bilders, LLC | $22,415 |
Dwain Ginter | $20,833 |
Lora Goodpaster | $20,833 |
James Pendleton | $20,833 |
Ira Kilburn | $20,833 |
Ova Arnett Jr. | $20,833 |
Ball Construction & Renovation, LLC | $20,833 |
Nick Withrow | $20,833 |
Dwain Ginter | $20,833 |
Jimmie Cline | $20,832 |
Brian Hatton | $20,800 |
Russell Hatton | $20,800 |
Express Transportation, Inc. | $20,115 |
Cedric Walsh | $19,921 |
Brian Jewell | $18,958 |
Lavernon Thomas | $18,948 |
Bobby Cline | $18,676 |
Gary Kissick | $16,100 |
Steve & Son's Recycling, LLC | $16,012 |
James Lewis | $15,700 |
Jennifer Duncan | $14,912 |
Communications Connections, LLC | $14,240 |
D C Rental, Inc. | $13,980 |
James Cline | $13,890 |
Charles Black | $13,788 |
Kyle Sweet | $12,872 |
Frizzell Tax Services, Inc. | $11,942 |
James Blevins | $11,474 |
Michael S. Staton | $11,358 |
Joshua Cline | $9,861 |
Arnold Peck | $9,750 |
Kenny Prater | $9,467 |
Albert Kidd | $9,139 |
Jonathan Ray Stewart | $9,002 |
M&N Property, Inc. | $8,864 |
Gregory Brewer | $8,800 |
Jared Maze | $8,719 |
Christopher Maness | $7,888 |
Jeffrey Caldwell | $7,602 |
Timothy Triplett | $7,326 |
Ricky Tackett | $6,700 |
Fawn Black | $5,665 |
Lisa Mann | $5,629 |
Tri-County Construction, Inc. | $5,580 |
Courtney Caudill | $5,417 |
Garrel Reynolds | $5,341 |
Forrest McKenzie | $5,200 |
Lisa Crouch | $5,144 |