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 |
|---|---|
| Perry County General Hospital | $621,000 |
| Community Development, Inc. | $547,000 |
| Henderson Lumber, LLC | $395,000 |
| Glen Henderson Logging and Trucking Company, Inc. | $363,200 |
| Deep South Machine Works and Hyraulics, LLC | $291,700 |
| Walley Investments, LLC | $289,800 |
| Southeastern Petroleum, Inc. | $234,000 |
| A-1 Sealing, Inc. | $227,000 |
| Henderson Timber Felling, Inc. | $183,353 |
| Tucker Thinning, Inc. | $124,185 |
| Jerold Henderson Logging, Inc. | $115,242 |
| Red Oaks Farm | $114,200 |
| James Enterprises, Inc. | $113,000 |
| Tim's, Inc. | $91,200 |
| Strickland's Cash and Save Discount Pharmacy, Inc. | $84,096 |
| Two River's Outdoors, Farm and Home Center, LLC | $81,900 |
| Ward's Fast Food of Richton, Inc. | $72,700 |
| Qualified Field Services, Inc. | $70,600 |
| Fuel Transport, LLC | $68,900 |
| Burnie Dykes Logging Company, Inc. | $54,250 |
| Manuel Henderson Trucking, Inc. | $50,300 |
| JCM Timber, LLC | $48,900 |
| H Delane Tucker Logging, Inc. | $41,990 |
| Elmore Machine Shop, Inc. | $35,925 |
| George W Pittman Oil Field Consulting, LLC | $33,001 |
| K. B. Nicholson Logging, Company, Inc. | $32,089 |
| M & S Logging, LLC | $30,600 |
| David Brewer Drilling Company, Inc. | $28,773 |
| Community Assisted Living Homes, LLC | $26,200 |
| Dewitts Collision & Recovery | $25,000 |
| Sam's Welding and Crane Service, LLC | $24,300 |
| Tractor Repair Services, Inc. | $24,100 |
| John M. Beaman | $23,383 |
| Ray Merritt Consultant, LLC | $20,833 |
| MLC Gravedigging/MLC Construction | $20,800 |
| Walters Auto Parts & Garage | $20,800 |
| Dewitt's Auto Repair and Service | $20,173 |
| Randy Finley Consultants, Inc. | $20,142 |
| Piave Grocery and Farm Supply | $18,600 |
| JR2M Drilling Consultants, LLC | $18,591 |
| John Trae Miller | $17,000 |
| M & J Dozer & Construction, LLC | $16,100 |
| HI Technician Measurements, LLC | $15,700 |
| Angela Haigler | $14,100 |
| L & H Brewer Drilling Company, Inc. | $13,423 |
| Nu-Trak Watersealing, LLC | $13,395 |
| WJM Consulting, Inc. | $12,500 |
| Jmake Consulting, LLC | $11,500 |
| Nowell Steps, Inc. | $11,058 |
| Double M Trucking Company, Inc. | $10,600 |
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