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These are the top 50 largest PPP loans in 2021 in ZIP Code 40371

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Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 40371, according to the US Small Business Administration.

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.

Top 50 largest PPP loans in 2021 in ZIP Code 40371
Name of BorrowerCurrent 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

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