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 |
|---|---|
| National Tube Supply Company | $2,620,200 |
| Advanced Climate Solutions, LLC | $2,065,200 |
| Barrel Accessories and Supply Company, Inc. | $1,738,267 |
| Brennan Equipment and Manufacturing, Inc. | $1,241,625 |
| Marigold, Inc. | $1,200,245 |
| Midwest Custom Case, Inc. | $956,766 |
| Avatar Corporation | $887,075 |
| Arbon Steel & Service Company, Inc. | $647,435 |
| Budreck Truck Lines, Inc. | $628,400 |
| American Backhoe Service & Excavation Company, LLC | $599,959 |
| D. E. W. Produce, Inc. | $526,700 |
| F. A. E Distributors Incorporated | $447,229 |
| Miller Metals Service Corporation | $395,518 |
| M. Lizen Manufacturing Company | $393,208 |
| Ware Pak, LLC | $382,100 |
| Supreme Hinge, Inc. | $375,300 |
| Tandem Metals Incorporated | $325,000 |
| Young Emerging Strategies | $251,113 |
| TK Maintenance, LLC | $233,400 |
| Skyline Movers, Inc. | $191,655 |
| Chicago Fasteners Manufacturing, LLC | $176,100 |
| Metaltek Fabricating, Inc. | $160,132 |
| M & R Graphics, Inc. | $153,000 |
| Jones Parts & Service, Inc. | $122,077 |
| Altra Division 5, LLC | $100,100 |
| United Dental Resources Corporation | $94,703 |
| United Dental Resources Corporation | $81,294 |
| Deer Creek Golf, LLC | $65,072 |
| Biomass Energy Systems, Inc. | $62,500 |
| Eclipse Property Management & Consulting, LLC | $60,734 |
| Townsend Insurance & Tax Service, LLC | $57,544 |
| S Shore Series 10, LLC | $56,312 |
| Broderick Logistics Company | $54,865 |
| Altra Builders, Inc. | $53,158 |
| The Playhouse, Inc. | $45,710 |
| Fefe Designs, LLC | $45,000 |
| Global Petro, LLC | $43,200 |
| R&R Excavating, Inc. | $26,333 |
| First Baptist Church of University Park, Illinois | $25,946 |
| C & T Rehab and Remodeling, LLC | $25,100 |
| Shannon Figures | $23,246 |
| Chimney Bear Co. | $22,168 |
| Crystal Johnson | $20,833 |
| Tasaundra Lewis | $20,833 |
| Jamieique Yancey | $20,833 |
| Shenina Hemphill | $20,832 |
| Keyanna Smith | $20,832 |
| Diane Rios | $20,832 |
| SMB Creations and More, LLC | $20,832 |
| Terrance McWilliams | $20,832 |
| Janine Rockwell | $20,832 |
| Alicia Brooks | $20,832 |
| Redbrick Renovation, LLC | $20,832 |
| Washawn Watson | $20,832 |
| Nathan Randle | $20,825 |
| Alaysia Carter | $20,817 |
| Andre Archer | $20,802 |
| Marshuan Williams | $20,622 |
| Michael Reed | $20,375 |
| Macons Garbage Hauling | $20,295 |
| Heart to Hearts Services, Inc. | $20,200 |
| Corbin Kelly | $20,190 |
| Latoya Buckley | $20,175 |
| Maurice Winston | $20,107 |
| Brandon Kelley | $20,038 |
| Teresa Robinson | $20,038 |
| Analecia Santiago | $20,037 |
| Jasmin Broadway | $20,000 |
| True Industries, Inc. | $20,000 |
| Lamarcus Bryant | $20,000 |
| Antwanette Knight | $20,000 |
| Jada Henry | $20,000 |
| Chasalzn Birt | $20,000 |
| Neal McGee | $20,000 |
| Frederick Evans | $20,000 |
| Tavanna Frazier | $20,000 |
| Derontay Harris | $20,000 |
| Diane Gonnigan | $19,895 |
| Keith Gonnigan | $19,790 |
| Community Enrichment & Development Institute | $19,125 |
| Torrance Gause | $18,791 |
| Adeola Edunjobi | $18,750 |
| Charles Gossitt | $18,387 |
| Nosiru | $17,927 |
| Jaleda B. Sanders | $17,550 |
| Little Hands Daycare | $17,287 |
| Bernice Obrien | $17,182 |
| Diaz Kids Bagel, Inc. | $16,750 |
| Degree Productions | $16,500 |
| Olajumoke Oshimokun | $15,872 |
| Lreg, LLC | $15,462 |
| Nicole Bell | $15,250 |
| Kilashaunna Travis | $14,583 |
| Sea Way Fish, Inc. | $13,960 |
| Keith Henley | $13,750 |
| Brandon Terrell Walker | $13,539 |
| Ghost Rider Express, LLC | $13,455 |
| Brian Pointer | $13,196 |
| Katies Wifi Cafe, LLC | $12,708 |
| Tiffany Koonce | $12,547 |
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