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Sunday, October 13, 2024

These are the top 50 largest PPP loans in 2021 in ZIP Code 31549

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Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 31549, according to the US Small Business Administration.

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.

Top 50 largest PPP loans in 2021 in ZIP Code 31549
Name of BorrowerCurrent Approved Amount
Bald Eagle Express, Inc.$74,000
TGM Construction, Inc.$30,445
Jerry Powell Farms, Inc.$28,284
Byron McRae$20,833
Thomas E. Haley$20,833
Byron McRae$20,833
Ernest McNeal$20,833
Roy C. Howard$20,833
Tanisha Batten$20,833
Matthew R. Varnadoe$20,833
Willard J. Stapleton$20,833
Janie Johnson$20,833
Jimmy Randal Brewer$20,833
Ronald Wayne Varnadoe$20,833
Norman L. Varnadoe Jr.$20,833
Melonie Dawn Towns$20,833
Ladonna Hicks$20,832
Ronald Robinson$20,832
Jeffery Hicks$20,832
Rodney Cook$20,832
Stanford Holland$20,832
Jamarcus T. Tobler$20,832
Christopher K. Black$20,832
Stanford L. Holland$20,832
April Batten$20,832
Gwantina Ryals$20,827
Khalila Rowe$20,810
Jennifer Quinn$20,787
Sherri Tanner$20,760
Ajah Eady$20,652
Dwayne Harrigan$20,642
James Joyce$20,625
Zakeria Oliver$20,625
Danyell Rowe$20,625
Tyeisha Simmons$20,560
Sharon McRae$20,552
Letitia Wadley$20,527
Alexis Clark$20,325
Andy Eady$20,254
Theaira Reese$20,250
Timothy Merle Webster$19,574
Kaniesha Chisholm$18,750
Janessa Ingraham$18,420
Darius McRae$17,797
Kiara Daniels$17,707
Nicky Stegall$17,105
Aubrey Robinson$16,665
Pinnacle Transport, LLC$16,315
Samuel Holland$16,137
Kerry Ryals$15,025

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