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 |
|---|---|
| Maxwell Welding and Machine, Inc. | $751,060 |
| Testa Machine Company, Inc. | $376,700 |
| Miller Plastic Products, Inc. | $346,427 |
| Bella Enterprises, Inc. | $267,513 |
| Reynolds Brothers, Inc. | $245,982 |
| SNM Wireless, LLC | $135,811 |
| Custom Hydraulics, LLC | $131,670 |
| Jake G Schneider Bus Contractor, LLC | $120,310 |
| RMC Sanitation | $96,517 |
| HRP Metals, Inc. | $92,903 |
| Starlake Roadhouse, Inc. | $84,883 |
| Anchor Recreations, Inc. | $67,998 |
| First Team Resources, LLC | $65,000 |
| Windy Hill Control Systems, Inc. | $64,667 |
| M. K. D., Inc. | $53,692 |
| Paden Construction, LLC | $50,157 |
| Cherry Valley Community Farm, Inc. | $47,585 |
| Christopher John Mascio LLC D.M.D. | $42,835 |
| Brandon Farner | $39,071 |
| A. C. Mcdermitt, Inc. | $31,770 |
| Reynolds Rocks, Inc. | $28,752 |
| Three Rivers Gamma Services, Inc. | $27,592 |
| Kosol Electric, LLC | $27,352 |
| Linda Lashhorn | $27,125 |
| Kids in Motion Learning Center, LLC | $25,900 |
| James Lyons | $25,202 |
| Grandma Mary's Day Care Center | $25,096 |
| Petriccas, LLC | $24,155 |
| Firemans Friend Extinguisher Systems a | $23,600 |
| Elemental Shelter Solutions, LLC | $22,395 |
| Nasoco, LLC | $22,000 |
| RJ Roadhouse, Inc. | $21,075 |
| Charles Pappas | $20,833 |
| Dayna Gobleck | $20,833 |
| Rogers Mechanical Services, LLC | $20,833 |
| Linnea Brothers | $20,833 |
| Aller Construction, LLC | $20,833 |
| Desw, LLC | $20,833 |
| Center Stage Dance, LLC | $20,833 |
| Dayna Gobleck | $20,833 |
| Beth Hoppe | $20,832 |
| Sutherland Lumber Company | $20,180 |
| Shanahan Electric, Inc. | $20,000 |
| 24 Hour Automotive and Custom | $19,100 |
| Korki's Pizza, LLC | $16,520 |
| Robert States | $16,300 |
| Myers Hydro Power Wash & Services, LLC | $16,287 |
| Lunar Storage, Inc. | $15,890 |
| Mandm Equipment Sales Miller Golf Cen | $15,500 |
| B and M Construction Company, Inc. | $15,477 |
Alerts Sign-up