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 |
---|---|
Chilton Contractors, Inc. | $839,790 |
W. H. Thomas Oil Company Inc630818911 | $524,503 |
Frederick Headley | $311,708 |
Giles Cooling and Heating, Inc. | $199,413 |
T & B Chipping, Inc. | $180,829 |
Mark's Towing & Auto Repair, LLC | $155,392 |
Specialty Finish & Design, LLC | $155,044 |
Tim Minor | $137,846 |
Specwood Products, Inc. | $135,008 |
Gibson Timber Company, Inc. | $108,510 |
Cornerstone Fitness & Wellness, LLC | $105,235 |
Modern Solutions, LLC | $96,442 |
Alabama Forklift & Repair, Inc. | $86,843 |
Baker Dentistry, P.C. | $77,654 |
San Marcos Mex Rest & Grill, LLC | $75,087 |
The Wellness Group | $75,000 |
Bertolone, Inc. | $72,809 |
Mckinney & Lively, P.C. | $66,598 |
Clinic W, LLC | $64,545 |
Clanton Pediatrics of Alabama, PC | $64,167 |
DRS Hall and Roy | $63,865 |
Southern Dixie Auto Repair, Inc. | $61,098 |
Reece Green & Sons Logging | $58,723 |
Gene R. Foshee, Inc. | $51,488 |
The Martin Service Company, LLC | $51,231 |
Straight Line Engineering and Consulting, LLC | $50,748 |
C&C Trophy & Sign, Inc. | $49,000 |
DR. Randall Pitts | $47,300 |
Barry Davis Architect, PC | $41,032 |
New Samato Japanese Steakhouse, Inc. | $40,965 |
Byron Richardson | $40,000 |
Tracie N Gore, LLC | $37,845 |
West END Baptist Preschool | $37,058 |
K&W Electric, LLC | $36,922 |
Warren S Construction Company, LLC | $36,041 |
Clanton Family Dentistry, LLC | $31,922 |
Peter Pan Day Care & Kindergarden | $31,280 |
Woodsync, Inc. | $30,092 |
Harold Whatley | $26,809 |
K & Z Enterprises, Inc. | $26,530 |
TSM Tactics, LLC | $26,310 |
Clanton Laundry & Cleaners, Inc. | $25,550 |
One of a Kind Customs | $24,400 |
Hughes Tony M JR | $23,356 |
S. A. A Buffet, Inc. | $21,849 |
T & B Tire Center, Inc. | $21,122 |
Humane Society of Chilton County AL, Inc. | $20,983 |
Porsha Yeager | $20,833 |
James Littleton | $20,833 |
Alumni Property & Investments, LLC | $20,833 |
Kelly Donna | $20,833 |
Jason Pierce | $20,833 |
Jay W. Mims | $20,833 |
Nathan's Paint & Body | $20,833 |
Patricia Bucklew | $20,833 |
Joe Minor | $20,833 |
Marcus Baker | $20,833 |
Jason Pierce | $20,833 |
Hershell Little | $20,833 |
Elite Salon, LLC | $20,833 |
Lakeva Roberts | $20,833 |
Porsha Yeager | $20,833 |
Joshua Smitherman | $20,833 |
Fletcher Green | $20,833 |
Alabama Surveying & Mapping, Inc. | $20,832 |
Taurean A. Wilson | $20,832 |
Charetta Smith | $20,832 |
Marilyn Kine | $20,832 |
Nails Tek | $20,832 |
Dream Living Entertainment | $20,832 |
Preston Kendrick | $20,832 |
James Benz | $20,832 |
Milton Allen | $20,832 |
Cassandra Reeves | $20,832 |
Jacqueria Pettway | $20,832 |
Tyneshia Courtland | $20,830 |
Lisa Haritha | $20,800 |
Jose Murillo | $20,785 |
Monica Paige | $20,553 |
Monica Speech | $20,552 |
Sonya Nix | $20,415 |
Meketa Stone | $20,415 |
Vontae D. Williams | $20,415 |
Damein Floyd | $20,415 |
Dyquan Floyd | $20,415 |
Brittney Hubbard | $20,415 |
Marcel Williams | $20,415 |
Varnessa Shields | $20,415 |
Jermink Lykes | $20,415 |
Lasonja Anderson | $20,415 |
Deundre Hubbard | $20,207 |
Joshua Smitherman | $20,074 |
Dasmine Grayson | $20,052 |
Jennifer Tindall | $20,052 |
Jamie Davids | $20,052 |
Dasmine Grayson | $20,052 |
Bobby Patterson | $20,052 |
Timothy Powe Jr. | $20,015 |
Latarsha Austin | $20,000 |
Tks Closet | $20,000 |