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 |
|---|---|
| WW Electric, LLC | $186,920 |
| Ib Builders, Inc. | $150,000 |
| Williams Paving, Inc. | $147,439 |
| Jones Family Farms General Partnership | $132,328 |
| Yellow Canoe, LLC | $130,701 |
| Cozart Company, Inc. | $87,700 |
| Nash Pigg, Inc. | $75,181 |
| Dean Street Processing, LLC | $69,200 |
| Gardner Brothers, LLC | $62,500 |
| Brown's Truck and Trailer, Inc. | $56,002 |
| North Carolina Motors and Controls, Inc. | $43,900 |
| KMC Farms | $41,667 |
| BPLF, Inc. | $35,397 |
| Pitts Farming, Inc. | $34,705 |
| Glenn Perry | $33,463 |
| Perry's Mobile Home Park, LLC | $29,115 |
| Thomas Boyette | $23,342 |
| High Farms, Inc. | $23,160 |
| Diversified Electronic Technologies, Inc. | $21,756 |
| Jose Puente | $20,833 |
| Spencer B. Davis | $20,833 |
| Jessica Williams | $20,833 |
| Daniel Garcia Hernandez | $20,833 |
| Kenneth Lamm | $20,833 |
| James Pittman | $20,833 |
| Tiffany Crystal Lee Bowden | $20,833 |
| Brian Lamm | $20,833 |
| Nathanael G. Watson | $20,833 |
| Timmy Bailey | $20,833 |
| Nikki Lucas | $20,833 |
| Brent Glover | $20,833 |
| Tiffany Crystal Lee Bowden | $20,833 |
| Timothy McClain | $20,833 |
| Daniel Garcia Hernandez | $20,833 |
| Wilbert Johnson | $20,833 |
| James Pittman | $20,833 |
| George Clark | $20,832 |
| Angela Atkinson | $20,832 |
| Britney Jones | $20,832 |
| Joel Lamm | $20,832 |
| Latima Weathersbe | $20,832 |
| Kenya Ayers | $20,832 |
| Timmy Hayman | $20,832 |
| Stedman Taybron | $20,832 |
| Daniel Joyner | $20,817 |
| Daniel Joyner | $20,817 |
| Keith Tharrington | $20,795 |
| Keith Tharrington | $20,795 |
| Elicia Pope | $20,791 |
| David Williams | $20,282 |
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