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 |
---|---|
Theissen Training Systems, Inc. | $401,177 |
Bar-B-Q Bill's, Inc. | $258,490 |
Central Florida Construction Group | $207,370 |
Bells Restaurant and Catering, Inc. | $155,200 |
WKDR III, Inc. | $153,664 |
A&M Manufacturing, Inc. | $120,300 |
Gathering Table Restaurant & Catering, LLC | $115,390 |
TRI County Roofing & Repair, Inc. | $104,013 |
ABC Pizza of North Florida, Inc. | $103,232 |
Betts Big T Restaurant, Inc. | $90,200 |
Family Burger House, LLC | $82,233 |
Usher Timber Company, Inc. | $62,500 |
Strickland Roofing & Home Services, Inc. | $35,093 |
Falon Rogers Signs, LLC | $35,000 |
Tim Pagel Construction, LLC | $30,200 |
Val's Complete Auto Repair, Inc. | $29,654 |
Drummond Enterprises of Nature Coast, Inc. | $28,100 |
Nature Coast Glass, LLC | $26,972 |
Timacy Food Services, LLC | $26,770 |
Kountry Kids Learning Center, Inc. | $26,304 |
Graham Farms, LLC | $26,100 |
Paradox Intellectual Properties, Inc. | $25,800 |
Irene Boyd | $25,407 |
Tetra Industries, Inc. | $22,270 |
Chiefland Tire & Auto Service, Inc. | $21,430 |
Barbara Hartley | $20,833 |
William Holzworth | $20,833 |
Lj Lane | $20,833 |
Dwayne Colson | $20,833 |
Katrina Breitbarth | $20,833 |
George Cockill | $20,833 |
Guierrica Bowers | $20,833 |
John Webster | $20,833 |
Lj Lane | $20,833 |
Ronald Vance | $20,833 |
Falon Rogers Signs, LLC | $20,832 |
Four Thirteen Contracting, LLC | $20,832 |
Shavontay Powell | $20,832 |
Shannon Adams | $20,832 |
Jamal Smith | $20,832 |
Riley and Sons Trucking, LLC | $20,832 |
Ellis Evans Trucking, LLC | $20,832 |
Bradlee Bruner | $20,800 |
Mark Graham | $20,800 |
Robert Stutsman | $20,800 |
Jennifer L. Brown-Jackson PA, D.M.D. | $20,792 |
John Mallete | $20,312 |
Stephen Benifiel | $20,000 |
Reed Automotive, Inc. | $16,680 |
Brantley Studstill | $15,420 |