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 |
---|---|
Blanchester Healthcare, LLC | $580,233 |
The Allen Company | $333,788 |
Midwest Medical Service & Installation, LLC | $197,847 |
Automated Machinery., Inc. | $129,400 |
Rick's Heating & Cooling | $105,100 |
Tag Williams, Inc. | $100,304 |
The Kassis Group, LLC | $78,901 |
JCR Technician, Inc. | $61,195 |
Midwest Medical Service and Installation, Inc. | $58,165 |
Jody Gundler Inc., D.D.S. | $57,579 |
Thad Hollon Trucking, Inc. | $43,840 |
Webb Logan Farms, LLC | $41,667 |
Grimm Tower, LLC | $41,665 |
Grimmx Tower, LLC | $41,665 |
Pebs Smokes and Things, LLC | $37,072 |
David Reynolds | $35,000 |
Aric Miller | $35,000 |
John Panetta Excavating, Inc. | $34,400 |
David Bauer Custom Homes, Inc. | $34,250 |
Brian Hagan | $22,500 |
Ralph Barber | $20,833 |
Ralph Barber Jr. | $20,833 |
Nicole Blust | $20,833 |
Gerald May | $20,833 |
Nicole Blust | $20,833 |
Todd L. Winemiller | $20,833 |
Andrew Baumann | $20,833 |
John A. Hurst | $20,833 |
David Pelosi | $20,833 |
Joseph Bailey | $20,833 |
Roger D. Winemiller | $20,833 |
Carrie Bachey | $20,833 |
Seth Doughman | $20,833 |
Rodney Thompson | $20,832 |
Gregory Poole | $20,832 |
Mark McDaniel Jr. | $20,800 |
Jeffrey Ott | $20,665 |
Kathryn Woodward | $20,312 |
James Poynter | $20,052 |
Rachel Drexler | $20,052 |
James Hurst | $18,002 |
Cody Adams | $16,726 |
Mark Ramsey Concrete, Inc. | $16,700 |
Bill Martins Auto Center, LLC | $16,668 |
Scotty Seymour | $16,453 |
Garry Barnes, LLC | $15,748 |
Terry East | $14,842 |
Jack Ficke | $14,582 |
Kurt Kirkendall | $14,046 |
Adrian Baker | $13,957 |