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 |
---|---|
Jennerjahn Machine, Inc. | $1,001,700 |
Trustee-Form Steel & Wire, Inc. | $279,678 |
Eye Associates Group, LLC | $168,600 |
Flex Star Roof Coatings and Supply, Inc. | $149,637 |
Heartland Harvest Processing, LLC | $134,900 |
Kline Family Farms, Inc. | $129,000 |
Middletown Enterprises, Inc. | $80,000 |
R Matthew Maddox Dentistry, LLC | $70,280 |
Highway Harvesters, LLC | $57,555 |
Reid Family Dentistry, PC | $36,300 |
Forcum & Forbes, LLP | $30,000 |
J and M Bowling, Inc. | $28,130 |
Huggins Auto Sales, Inc. | $27,000 |
Larry Hile | $20,833 |
Pearson Brothers | $20,833 |
David Montgomery | $20,833 |
Stephen Holtzleiter | $20,833 |
William Hiday | $20,833 |
James Cale | $20,833 |
Jeffrey Stanley | $20,833 |
Tim Vangordon | $20,833 |
Todd Quillen | $20,833 |
Jane Castator | $20,833 |
Jennifer Adkins | $20,833 |
Denise Overla | $20,833 |
Megan Ann Stroble | $20,833 |
James Thurman | $20,832 |
Brad Hile | $20,832 |
Richard Thurman | $20,832 |
Ryan Bole | $20,800 |
Philip Jones | $20,800 |
Richard Roush | $20,800 |
Michael Marshall | $20,800 |
Philip Jones | $20,800 |
Jason Richardson | $20,800 |
Roy Wells | $20,800 |
PK Heating and Cooling, LLC | $20,205 |
Tom Wells | $20,000 |
Hile Family Farms, Inc. | $19,700 |
T&B, Inc. | $18,225 |
Grace United Methodist Church | $15,687 |
Shroyer Farms, Inc. | $14,798 |
Eric Aulbach | $14,534 |
Mark Aulbach | $14,140 |
Dereck Rutledge | $14,040 |
Gregory Slentz | $13,620 |
Cutters | $11,977 |
Leslie Holt | $11,834 |
Carpe Diem, Inc. | $11,200 |
William Shrader | $11,039 |