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These are the top 50 largest PPP loans in 2020 in ZIP Code 38257

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Here are the top 50 largest PPP loans provided in 2020 to small businesses in ZIP Code 38257, 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 2020 in ZIP Code 38257
Name of BorrowerCurrent 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

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