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 |
---|---|
Hawkye Buildings, LLC | $1,193,500 |
Waymatic, Inc. | $1,174,402 |
All Kraft Erectors, Inc. | $563,300 |
Railroader Trucking | $267,235 |
Blue House Rentals | $207,764 |
MLH, Inc. | $118,800 |
Edward Reams | $115,600 |
DW Collier Engineering, Inc. | $100,500 |
Paula Vassar, Inc. | $96,900 |
Builders Supply of South Fulton TN, Inc. | $76,359 |
Bb's Wholesale Retail Sales | $67,898 |
The First Baptist Church of South Fulton TN, Inc. | $63,315 |
Charles H. Reams Farms | $57,300 |
James P Johnson | $52,800 |
James P. Johnson | $52,800 |
ABF Engineering and Machining, Inc. | $52,400 |
P & R Tire, Inc. | $44,100 |
Ronald R Johns | $43,800 |
Alan W Jones PSC, D.M.D. | $38,300 |
Jeffrey Morris | $38,015 |
Das of Fulton, Inc. | $35,400 |
Tim Britt State Farm | $33,703 |
Lean to Restaurant, Inc. | $26,400 |
Duke & Riley Trucking & Leases, Inc. | $22,600 |
Fulton Country Club | $21,617 |
Terry Campbell | $20,833 |
Big Buck Barns | $20,833 |
Rickie L. Boyd | $20,800 |
Greer Services | $20,800 |
Creative Sportswear | $13,321 |
First Choice Fabrication | $12,500 |
Painless Payment Solutions | $10,900 |
Bb's Storage, Inc. | $10,668 |
Brooks Farms | $10,552 |
Stephonoe's Pizza, Inc. | $10,200 |
B & H Trucking, Inc. | $10,101 |
Sherrill Reams | $9,400 |
David L. Hutchins | $9,300 |
Jason Newton Masonry | $9,110 |
Jonscott Somerfield | $8,945 |
River Bend Rentals, LLC | $8,167 |
James H. Warren | $7,700 |
South Fulton Cleaners | $7,700 |
Bronze Beginnings Construction, LLC | $7,500 |
Jeffrey C Jones | $7,292 |
Jeffrey C. Jones | $7,292 |
Farmers Lime Company | $6,651 |
Slayed Salon | $6,500 |
Shreeya, Inc. | $5,800 |
Amanda Sutherland | $5,100 |