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 |
---|---|
Holscher Products, Inc. | $638,000 |
Dwenger Excavating Contractors, Inc. | $202,295 |
Atlas Trucking, LLC | $180,000 |
American Gardenworks, Inc. | $163,273 |
Lod, LLC | $145,000 |
Oxford House, Inc. | $143,080 |
Sheets Family Dentistry, Inc. | $103,259 |
Elliott Brothers Battery, Inc. | $72,112 |
Fowler Pest Control, Inc. | $68,059 |
Sharob, Inc. | $66,054 |
Barce & Redlin, PC | $61,900 |
Hoosier Media Group, LLC | $59,832 |
Downing LLC D.D.S. | $57,100 |
Schwartz Painting, LLC | $56,698 |
J. L. Foster, LLC | $53,653 |
Bears Auto Sales, LLC | $47,146 |
Screen Technician, Inc. | $46,167 |
MSJB North Investments, Inc. | $44,302 |
Michael E. Fischbach | $41,578 |
Benton County Country Club, Inc. | $41,545 |
Brouillette Heating, Cooling & Plumbing, LLC | $41,412 |
Glotzbach Pharmacy, LLC | $40,650 |
Budreau Truckcing, LLC | $40,188 |
MSJB Investments, Inc. | $34,381 |
Berry Farms of Fowler, Inc. | $33,898 |
Samuel J. Fry | $31,963 |
Buchanan Farms Partnership | $30,648 |
Deno Associates, Inc. | $29,515 |
Mark A. Flook | $27,248 |
Super J Trans, LLC | $26,206 |
Education Dowell Trucking | $25,683 |
R&G Enterprises/farms, Inc. | $24,685 |
Stephen A. Wallpe | $24,435 |
James Cackley | $22,756 |
Hundy Corporation | $21,155 |
Cody M. Musser | $20,833 |
James W. Sheetz | $20,833 |
KDS Farms, LLC | $20,833 |
Kevin T. McNeil | $20,833 |
Ronald J. Gick | $20,833 |
Shane Gretencord | $20,833 |
Jarrold A. Buck | $20,833 |
Troy M. Hatke | $20,833 |
Benton Community Foundation, Inc. | $20,832 |
Philip L. Atkinson | $20,832 |
Gregory L. Adwell | $20,832 |
Gary D. Gross | $20,832 |
Jeffrey L. Foster | $20,832 |
FRY Farm Trucking, LLC | $19,335 |
Ez Tankless, Inc. | $19,200 |