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Friday, November 15, 2024

These are the top 50 largest PPP loans in 2021 in ZIP Code 47348

Innovation

Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 47348, 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 47348
Name of BorrowerCurrent 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

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