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 |
|---|---|
| Specialty Adhesive Film Company | $420,000 |
| Professional Janitorial, Inc. | $322,500 |
| Sweeney Restaurant Group, LLC | $209,908 |
| Worthington Cabinetry, Inc. | $125,000 |
| Wolverine Inspections, LLC | $100,475 |
| Bridges Counseling and Family Services | $81,700 |
| Tequila's Mexican Restaurant, LLC | $80,000 |
| Chipman Concrete Construction, Inc. | $65,450 |
| Pat Mcgraw Excavating, Inc. | $64,015 |
| Lawrence Motorsports | $49,262 |
| Morris Lawn and Landscape, Inc. | $41,400 |
| Education's Foundations, Inc. | $38,557 |
| Stan Sabick | $32,128 |
| KBC Enterprises, Inc. | $27,800 |
| Seaside Properties, LLC | $24,000 |
| Heart House, Inc. | $22,727 |
| Teddy Hussung | $20,833 |
| John Craig | $20,833 |
| Christopher Michelletti | $20,833 |
| Tamera Allen | $20,833 |
| Battaglia Enterprises | $20,832 |
| Joey Roessler | $20,830 |
| Robert L Johnston Company, Inc. | $19,600 |
| Jones Ground Maintenance | $17,856 |
| Stephen Armah | $17,602 |
| David Drew | $17,500 |
| Lacey Electric, LLC | $16,122 |
| Angela Cash | $15,866 |
| Claytor Enterprises | $15,000 |
| Gregory Slaughter | $14,859 |
| Leifling Electric | $14,594 |
| Hoskins Health, LLC | $14,410 |
| H a Bittner Company, Inc. | $14,133 |
| James Crielly | $13,997 |
| Ronald Murray | $13,559 |
| Rock Bottom Farms, LLC | $13,337 |
| Sherman Insulation, LLC | $12,400 |
| Myron Barbour | $12,279 |
| Kash Partee | $11,875 |
| Schnebelt Home & Property Management, LLC | $11,703 |
| Jennell Scudder | $11,001 |
| JT Transport, Inc. | $10,781 |
| Bartel Communications, Inc. | $10,145 |
| Midwest Practitioners, LLC | $8,600 |
| James Young | $8,415 |
| Tasheena Bailey | $8,155 |
| Shoena Henderson | $7,270 |
| Rocky's Tobacco, Inc. | $6,900 |
| Fraternal Order of Eagles 2022 Aerie | $6,518 |
| Daniel Fink | $6,204 |
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