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 |
|---|---|
| Excalibur Security Services, Inc. | $705,800 |
| J & M Contractors, LLC | $307,500 |
| Settel and Hall Dentistry Partnership LP | $132,285 |
| Lifetime Medical Center, PC | $93,560 |
| B. J. Reece Orchards, LLC | $87,893 |
| On Grade Excavation, LLC | $67,155 |
| Teague Electrical, Inc. | $62,000 |
| Cartecay Vineyards, LLC | $58,600 |
| The Orchard Church of Ellijay, Inc. | $43,316 |
| Mountain Academy for Kids, LLC | $43,100 |
| Patriot Petroleum Mechanical, Inc. | $41,740 |
| Jumpstart Fitness, Inc. | $40,700 |
| Iconics Decor, LLC | $35,100 |
| Data Heroes Consulting, LLC | $30,028 |
| Reece Trim Carpentry and Construction, Inc. | $27,766 |
| William S. Sharpe | $20,833 |
| Thinh Quang Nguyen | $20,833 |
| Jerry Teague | $20,833 |
| Ray Reece | $20,833 |
| David King | $20,833 |
| Licklog Farms, LLC | $20,833 |
| Adam Deboard | $20,833 |
| Justin Grizzle | $20,833 |
| Hai Tran | $20,833 |
| Dubois Farms, Inc. | $20,833 |
| Althea Merwin | $20,833 |
| Roger Mooney | $20,833 |
| Thinh Quang Nguyen | $20,833 |
| Dennis Waddell | $20,833 |
| Hai Tran | $20,833 |
| Curtis Davis | $20,833 |
| Sherman L. Parks | $20,833 |
| Parks Poultry, LLC | $20,833 |
| Jerry Seabolt | $20,833 |
| Mitch McWhorter | $20,832 |
| James Bigham | $20,832 |
| JNH Enterprises, LLC | $20,800 |
| Gregory Richardson | $20,800 |
| Dennis White | $20,315 |
| Aaron Farms, LLC | $20,140 |
| Star Engery, LLC | $19,400 |
| West Poultry Farms, LLC | $19,342 |
| Eva M. Davis | $18,795 |
| Sawyer & Peyton Farm, LLC | $18,697 |
| H & H Poultry, Inc. | $18,252 |
| Simone Ellis | $18,025 |
| Lynn Stephens | $17,066 |
| Schweizer & Associates, Inc. | $16,457 |
| Petes Poultry Farm, LLC | $16,250 |
| Steven Wazlavek | $12,900 |
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