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 |
---|---|
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 |