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 |
---|---|
Precision Lawn Care and Landscaping, Inc. | $359,200 |
PLLCntracting, LLC | $211,300 |
Carolina Stone, LLC | $66,848 |
Bray Hollow Foundation, Inc. | $47,632 |
Roadmaster Truck Conversions, Inc. | $34,000 |
Gary Roach | $31,300 |
Cannon's Septic Tank Service, Inc. | $30,857 |
Shadira Peele | $29,166 |
Latisha Whitley | $29,166 |
M & R Express, LLC | $26,533 |
Universal Tire Center, Inc. | $25,000 |
Thomas Dew | $22,000 |
Latisha Whitley | $20,833 |
Tharon Gillispie | $20,833 |
Gloria Roach | $20,833 |
Michael Roach | $20,833 |
Reymundo Perez | $20,833 |
Letricia McCotter | $20,833 |
Luther Jones | $20,833 |
Latasha Blue | $20,833 |
M&R Express, LLC | $20,833 |
Jacob Henderson | $20,833 |
Jacob Henderson | $20,833 |
Kyren McCotter | $20,833 |
Michelle Gaskins | $20,833 |
Latasha Blue | $20,833 |
Shadira Peele | $20,833 |
Derrius Coward | $20,832 |
Jonathan Chapman | $20,832 |
Roland Sanderson | $20,800 |
Dajhanae Bryant | $20,785 |
Franklin Bowden | $20,310 |
Angela Vergara | $20,052 |
MPT Trucking, LLC | $19,500 |
Martez Lynch | $18,957 |
Brandon Larry | $18,957 |
William Nobles | $17,905 |
Latavia Brown | $16,962 |
Honolulu Gardens, Inc. | $16,774 |
Isaiah Payton | $16,250 |
Buck Harrison | $16,217 |
Dew Burch | $15,870 |
Anthony House | $15,810 |
Nathan Koehn | $15,137 |
Eileen Concepcion | $14,582 |
Potter Landscape & Design, LLC | $13,770 |
Brandi Hunnings | $13,687 |
Christine Cox | $13,162 |
David Wade | $12,900 |
Mark Aldridge Construction | $12,800 |