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 |
---|---|
Global Special Effects, Inc. | $89,757 |
Joe Kirkpatrick | $49,949 |
Freedom Printing, Inc. | $30,072 |
Heath Walker | $26,434 |
Steve Wampler | $20,833 |
Timothy Wells | $20,833 |
Brad Buchanan | $20,833 |
Justin Hodges | $20,833 |
Christopher Lawell | $20,833 |
Angie Mashburn | $20,833 |
Steven Shawn Smith | $20,833 |
Tommy Word | $20,832 |
Larry Decatur | $20,832 |
John Murdock | $20,609 |
Rachel Bean | $19,041 |
David Mewbourn | $15,497 |
Luther McCafferty | $15,364 |
Bobby E. Wallace | $14,746 |
William Smith | $13,542 |
Candace Cox | $13,214 |
James Akin | $12,376 |
Barry K. Jones | $11,271 |
Jerre Lynn Ritter | $11,205 |
Roger Pettus | $10,073 |
Big Oak Transport, LLC | $9,825 |
Robert Howard | $9,586 |
Mickey Allen | $8,997 |
Williams Trucking of Lexington | $8,371 |
Mark D. Campbell | $8,258 |
Jeffrey Martin | $7,805 |
Ronald Killen | $7,769 |
Peggy G. Smith | $7,755 |
James M. Hammond | $7,379 |
Wesley Killen | $6,947 |
Eric White | $5,915 |
Mary Mashburn | $5,870 |
Nathan Smith | $5,698 |
Michael McCain | $5,688 |
Holden Family Farms, LLC | $5,435 |
Steve Davis | $5,410 |
Roger Howard | $5,288 |
Lucas McGee | $5,250 |
Larry O. Clemmons | $4,957 |
James Surratt | $4,875 |
Charlotte Murdock | $4,645 |
Charles Thompson | $4,539 |
David M. Key | $4,532 |
Brandon Thomas | $4,360 |
Gregory Richardson | $4,203 |
Anthony Ritter | $4,190 |