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 |
---|---|
Tri-State Garden Supply, Inc. | $833,717 |
Hickman Lumber Company | $391,875 |
Allegheny Mountain Hardwood Flooring | $275,276 |
Allegheny Structural Components, Inc. | $254,000 |
Hovis Truck Service and Sales, Inc. | $168,700 |
Hovis Auto Supply | $139,530 |
Protek Metal, Inc. | $120,500 |
Heeter Enterprises, Inc. | $105,100 |
Calibration Services, Incorporated | $102,587 |
Emlenton Lieutenant Foods, Inc. | $81,100 |
Blair Construction, LLC | $67,565 |
FRB Machine, Inc. | $66,539 |
Linmas Drugs, Inc. | $65,300 |
2K Wholesale, Inc. | $58,685 |
Sportsmenportal, LLC | $46,000 |
Emlenton Area Ambulance Service | $45,000 |
Albion Pharmacy | $42,400 |
Mattern CPA, LLC | $35,740 |
Lynn, King, Schreffler, P.C. | $31,300 |
Whitehall Camp & Conference Center | $29,100 |
Hovis Auto Wrecking, Inc. | $27,205 |
Western Pennsylvania Ministries of the Church of God | $26,400 |
Michael A. Cuprinka | $20,833 |
Requip, Inc. | $19,500 |
Seven Stars Mart, Inc. | $18,100 |
David W. Rhoades | $17,400 |
R S Welding, LLC | $17,018 |
Berts Auto Sales, Inc. | $16,257 |
L&j's Automotive Repair, LLC | $15,400 |
Lesly A. Shay | $15,100 |
Mcnany Lumber, Inc. | $14,900 |
Amazing Stitches | $14,376 |
Eck's Dirt Work, Inc. | $13,880 |
Matassa Contracting | $12,039 |
Six-Eleven Seventh Street, Inc. | $11,900 |
Lisa's Trucking, LLC | $11,300 |
Aaron Kerlin | $10,900 |
J. J. Nolan Consulting, Inc. | $10,900 |
Mighty Warrior Express | $9,400 |
Staab Typographic | $8,720 |
Little It Foods | $7,813 |
Gaslight Campground, Inc. | $6,342 |
Stoney Hill Corporation | $6,000 |
Emlenton United Methodist Ministries | $5,800 |
Burning Embers, Inc. | $5,400 |
Madhushanti, Inc. | $5,200 |
Ace Repair All | $4,967 |
Kings Hvac | $3,800 |
St. Michael Catholic Church | $3,200 |
True Healing and Wellness | $1,400 |