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 |
|---|---|
| Leigh Fibers, LLC | $1,884,700 |
| Current Tools, Inc. | $737,100 |
| American Concrete Service, Inc. | $401,500 |
| U. S. Tool, Inc. | $152,800 |
| L & R Construction & Hauling Company, Inc. | $110,723 |
| Precision Plus Concrete, LLC | $108,155 |
| Brooks Brothers Landscaping, Inc. | $92,200 |
| Diversified Pool Products, Inc. | $88,919 |
| Wellford Family Medicine, PC | $76,200 |
| Cox Dental Care, PA | $75,480 |
| Brad Pace Construction | $71,935 |
| H & S Hardware, Inc. | $64,300 |
| Industrial Fabcon Incorporated | $57,733 |
| Incompliance, LLC | $56,265 |
| The Reid House, Inc. | $43,497 |
| Wellford Baptist Church | $43,300 |
| Superior Recycling Solutions, LLC | $38,562 |
| Hendricks Electric, LLC | $34,445 |
| Evans Training Center | $31,580 |
| Star Fish Vision | $31,232 |
| Reid's Residential Care, Inc. | $29,857 |
| Hollywild Animal Park, Inc. | $24,322 |
| Terbeek's Tire Service, LLC | $22,200 |
| Manuel Gonzalez | $20,833 |
| Styles By Nana | $20,625 |
| Catherine Jager | $19,700 |
| Jonathan Jager | $19,700 |
| K and C Partners, LLC | $19,343 |
| Monarch Place Apartments, LP | $17,693 |
| Carolina Paintworx | $17,140 |
| Tyson Waddell | $15,900 |
| Marcia Rowley | $15,159 |
| Anna Oleksiyenko | $14,100 |
| School Upstate It | $13,542 |
| Ledford Automotive Repair | $13,500 |
| Howle Transportation, LLC | $12,275 |
| Foxtrot Pub and Grille | $11,400 |
| Dunaways Heating and Cooling, LLC | $10,545 |
| Mount Pilgrim Baptist Church | $10,480 |
| Famous Name Brand Shoes, Inc. | $10,000 |
| Chips and Cheese Mexican Food, LLC | $7,887 |
| Brendan Carpenter Custom Furniture and F | $7,303 |
| Downs Kitchens & More, LLC | $7,078 |
| Aleksandr Mikhailidi | $6,942 |
| CRW Services, LLC | $6,100 |
| Cornerstone Logistics, LLC | $5,333 |
| Classic Custom Creations, LLC | $5,217 |
| Lucky Dragon Guitars, Inc. | $4,722 |
| Tanner's Auto Clinic, LLC | $4,600 |
| Andrei Yarmolik | $3,586 |
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