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 |
|---|---|
| Custom Synthetic Fibers, LLC | $400,000 |
| Danmark Communications, LLC | $262,313 |
| Greer Management, LLC | $211,414 |
| Garner Concrete Cont, Inc. | $188,747 |
| Alliance Automation & Control, Inc. | $161,827 |
| D & C Thornton Farms | $109,700 |
| Patterson Furniture INT Group, Inc. | $98,078 |
| Substance Abuse Council of Northwest Alabama | $68,079 |
| Thornton Farms | $66,400 |
| Guru Heritage, Inc. | $53,869 |
| N&J Dirtworks, LLC | $50,000 |
| Richardson Earthworks, LLC | $41,068 |
| Sartain Builders, Inc. | $36,714 |
| Elgin Medical Center, LLC | $32,326 |
| Ray Lecroix II | $32,222 |
| ELK River Specialty Trades Group, Inc. | $27,873 |
| Doc's Gym, LLC | $27,822 |
| Pine Haven Enterprises, LLC | $23,290 |
| Comfort 1st, LLC | $22,705 |
| Chase Williams | $21,708 |
| Jacob K. Mitchell | $20,833 |
| Alan Gautney | $20,833 |
| Melia Owens | $20,833 |
| Cecil Haraway | $20,833 |
| Stanley Clyde Birdwell | $20,833 |
| Linda Bryan | $20,833 |
| Jerry Collier | $20,833 |
| Michael P. Cosby | $20,833 |
| Derrick Richardson | $20,833 |
| Anthony Dalessandro | $20,833 |
| Zeth Morgan Tays | $20,833 |
| Jimmy Ray Ritter | $20,833 |
| Carole Newbern Newton | $20,833 |
| Evangeline Bates | $20,833 |
| Randall Hines | $20,833 |
| Terry Allen Wigginton | $20,833 |
| Ray McKelvy | $20,833 |
| Thomas Wayne Franks Jr. | $20,833 |
| Jeremy Ledon Phillips | $20,833 |
| C J Cartwright, LLC | $20,833 |
| Joseph Thomas Deak | $20,833 |
| Eric Simpson | $20,832 |
| Donie Roche | $20,416 |
| Steven Killen | $20,323 |
| Haneys Hauling, LLC | $20,255 |
| Barry Wayne Grisham | $20,098 |
| James Cox | $20,030 |
| Holland Realty & Auction, Inc. | $19,542 |
| Karen Romine | $19,492 |
| Amber Gatlin | $18,639 |
| James McCarley | $18,322 |
| James McCarley | $18,322 |
| Daniel Ramos | $17,845 |
| Benjy McCafferty | $17,540 |
| Mary A. Smith | $17,349 |
| Charles Michael Roberson | $16,643 |
| Carl Parker Jr. | $16,031 |
| Zachary Clint Grissom | $15,347 |
| Ralph Dean Cosby | $15,150 |
| 5 Star Enterprises | $14,680 |
| Bobby R. White Jr. | $14,613 |
| Vonetta Ricks | $14,217 |
| Ralph Mann | $14,088 |
| Neal Harvey | $13,931 |
| Shelby Weathers | $13,872 |
| The 4 B's Farm | $13,802 |
| Carolyn D. Johns | $13,673 |
| F & L Builders | $13,332 |
| Bonnie Jean Grissom | $13,309 |
| Michael T. Watkins | $13,096 |
| Alisha Johnson | $12,741 |
| Bryce B. Romine | $12,575 |
| Keith Lynn Nance | $12,310 |
| Robert Corum | $12,164 |
| Michael Butler | $12,082 |
| Anthony Wayne Cox | $11,912 |
| James Blackburn | $11,846 |
| Lawrence Fuqua | $11,588 |
| Colby Shane Thornton | $11,525 |
| Tommie Golatte | $11,457 |
| Tana Springer | $11,251 |
| Richard Felker | $10,975 |
| Misty D. Reeves | $10,972 |
| Ana Elsa Hutson | $10,907 |
| Stephen Embry | $10,818 |
| Debra Bokash | $10,808 |
| Ray J. Goodman | $10,706 |
| Erica L. Crunk | $10,575 |
| Bama Welding Trades, LLC | $10,535 |
| Solid Rock Sports, LLC | $10,503 |
| Ashley Martin | $10,415 |
| Te'arra Hall | $10,415 |
| Don Furline | $10,152 |
| David Shea Harvey | $9,489 |
| Terry Lee Jones | $9,441 |
| Zack Thigpen | $9,233 |
| Austin Wilson | $8,980 |
| Michael C. Roberson | $8,924 |
| Michael C. Roberson | $8,924 |
| Charles Ray Gibson | $8,590 |
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