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 45697
| Name of Borrower | Current Approved Amount |
|---|---|
| 1st Stop, Inc. | $1,339,800 |
| Cantrell Oil Company | $304,200 |
| Southern Hills Therapy Services, LLC | $296,800 |
| Winchester Agent Service, Inc. | $211,900 |
| Cantrell Refinery Sales & Transportation, Inc. | $163,200 |
| Dale Cooper | $94,820 |
| Re-Con Reinforcing, LLC | $94,300 |
| Adams County Homecare, LLC | $78,800 |
| 1 Global Service | $78,600 |
| The Old Y Restaurant, LLC | $77,423 |
| Carpet Outlet | $43,500 |
| Country Touch Home Care, LLC | $42,155 |
| J Schwartz Leasing, LLC | $36,600 |
| Southern Ohio Poured Walls, LLC | $34,300 |
| Winchester Church of Christ in Christian Union, Inc. | $28,625 |
| Semple Service Center, LLC | $22,500 |
| Kuldip Patel | $21,200 |
| Lonestar Rentals, LLC | $20,800 |
| Lonestar Shed, LLC | $20,800 |
| Amul Shukla | $15,460 |
| Provisionx7, LLC | $11,900 |
| Klayton Juillerat | $11,628 |
| Red Hawk Plumbing | $11,277 |
| Roberts Trucking | $9,725 |
| Pertuset Builders | $7,129 |
| Elite Fabricators, LLC | $6,500 |
| John Priest | $6,156 |
| Link Insurance Service, LLC | $4,335 |
| The Farmers Wife and Garden Barn | $4,000 |
| Pro Foam | $3,155 |
| Susan Lucas | $1,405 |
| Leadership Adams, Inc. | $800 |
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