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 |
|---|---|
| MRC Underground Utilities, LLC | $428,859 |
| Baker Law Group, PLLC | $125,897 |
| Beck & Beck Resources, LLC | $61,018 |
| Spear Labs, LLC | $56,553 |
| Elrod, LLC | $51,845 |
| Curvey Road Sawmill, LLC | $31,900 |
| Slayden Construction and Excavating, LLC | $25,872 |
| Jerred Creasy | $24,415 |
| Rollie Burgess | $23,675 |
| Jaysons Heating & Air Conditioning, LLC | $22,211 |
| John Simpkins | $20,833 |
| Erik Batey | $20,833 |
| Herschel Hagewood | $20,833 |
| Jason Sullivan | $20,833 |
| Randy Sesler | $20,833 |
| Michael Ingram | $20,833 |
| Daniel Hargrove | $20,833 |
| Clint Welker | $20,833 |
| Mortrea Vaughn | $20,833 |
| Nadia Monteiro | $20,832 |
| Thomas Boyd | $20,832 |
| Big Daddy Touring, LLC | $20,800 |
| Brent Weatherspoon | $19,421 |
| Greer Construction & Hauling, LLC | $19,169 |
| Bobby Harrison | $19,166 |
| Bobby Harrison | $19,166 |
| James Johnson | $18,474 |
| Mika Sesler | $18,420 |
| Burgess Farms, LLC | $17,010 |
| US Plumbing | $16,742 |
| Wendell Weatherspoon | $16,342 |
| Randal Charlotte 30775 PTR | $15,000 |
| David Bowker | $14,660 |
| Integrity Renovation, LLC | $14,657 |
| Kara Stokes | $14,473 |
| Terry Story | $13,165 |
| Tom Heard | $13,133 |
| Jamie Weaver | $12,424 |
| Charles Fye | $12,424 |
| Cave Creek Cattle, LLC | $12,180 |
| Kenneth Biter | $11,496 |
| Lori Dillard | $10,347 |
| Cedar Ridge Outdoors | $10,233 |
| Cedar Ridge Outdoors | $10,232 |
| Cheri Baker | $10,000 |
| Steven Ferguson | $9,260 |
| James Laster | $9,071 |
| Mary Green | $8,842 |
| Jerred Willoughby | $8,570 |
| David Greco | $7,968 |
Alerts Sign-up