The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 45660
Name of Borrower | Current Approved Amount |
---|---|
WJ Dean, Inc. | $307,500 |
Leading Respiratory Services, Inc. | $235,525 |
Southern Ohio Lumber | $215,000 |
Woods Lumber Company, Inc. | $210,042 |
Variety Management, Inc. | $164,243 |
J. Mccoy Lumber Company, Ltd. | $138,950 |
Southern Ohio Medical, Inc. | $112,500 |
Greene Chiropractic Center, LLC | $105,110 |
Central Star Drilling | $85,270 |
Halls Welding and Fabrication, LLC | $79,022 |
Jerry Crum | $78,460 |
Siston Group, LLC | $78,403 |
Franklin Dental and Health Care, LLC | $73,800 |
Pack Power Services, Inc. | $59,107 |
Rodney Knisley Lumber and Logging Company, LLC | $46,982 |
Aina Medical, Inc. | $43,700 |
Kitchen's Electric, LLC | $42,295 |
O. K. Auto Parts, LLC | $34,500 |
J Lynn Lumber Company, LLC | $31,200 |
Thompson Wallace, Ltd. | $30,100 |
Peebles Church of Christ | $29,590 |
Hope Springs Institute | $25,800 |
Southern Ohio Sports Medicine and Physical Therapy Center, I | $25,572 |
Giovannis Pizza Peebles, LLP | $20,695 |
Lakshmi Ganapathi Enterprises, LLC | $15,800 |
Burns Transportation | $15,695 |
Cheryl Greene | $15,582 |
Stephanie McCoy | $14,600 |
Larry Swayne | $14,595 |
Mitchell Family Insurance Agency, LLC | $12,981 |
Stephen Ryan | $11,382 |
Tiger Probe, LLC | $10,977 |
White Star Restaurant, LLC | $9,155 |
Robert Wheeler | $9,000 |
Daily Double Paylake, LLC | $7,450 |
Lonnie Ward | $7,375 |
Campbell Trucking | $5,000 |
Elizabeth Abney | $3,664 |
Larry Dailey | $3,585 |
Clayton Osborne | $2,725 |
Charles Newman | $2,545 |
Larry Shiveley | $2,390 |