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 |
|---|---|
| David H Murdock Research Institute | $360,300 |
| Hubbard and Associates, Inc. | $341,947 |
| Grayson O Company | $285,500 |
| Holistic Hvac, LLC | $265,000 |
| Globenet Telecommunications, LLC | $149,800 |
| Temerity Baseball, LLC | $149,500 |
| JW Enterprises, LLC | $139,620 |
| N-Focus, Inc. | $136,325 |
| Cook Insurance and Financial, Inc. | $115,747 |
| Norton & Associates, Inc. | $97,105 |
| Kannapolis Service Company, Inc. | $95,020 |
| Bhavana Jayaram PLLC D.M.D. | $88,317 |
| Cakes by the Pound00 | $88,140 |
| Heart Gifts by Teresa, Inc. | $81,053 |
| Mike Morton PLLC D.D.S. | $80,245 |
| Accent Hair Design, Inc. | $75,200 |
| Park Road Soda Shoppe Kannapolis | $70,318 |
| Ibarra Moon Contractors, LLC | $70,000 |
| FNA Enterprises, Inc. | $55,441 |
| Earthworks of Cabarrus County, Inc. | $49,572 |
| Rodgers Catering, Inc. | $49,000 |
| Sparkys, Inc. | $48,757 |
| Morton Heating & Cooling, Inc. | $47,500 |
| GMB Repair, LLC | $43,777 |
| Pu's USA, Inc. | $41,667 |
| TJC Ventures, Inc. | $36,037 |
| Kicinski's Polish Pride Trucking, Inc. | $30,902 |
| James Odaniel Specialty Septic, Inc. | $30,728 |
| James O Daniel Specialty Septic | $30,686 |
| Omni Insurance Group, Inc. | $30,000 |
| Long Ridge Development and Properties | $29,637 |
| Smith Family Partnership | $28,770 |
| Poteats Transmission Parts, Inc. | $28,597 |
| Haigler Solutions, Inc. | $28,192 |
| Stadium Displays, Inc. | $27,632 |
| Kaavya Kiaan, Inc. | $27,000 |
| Sheena Minard | $26,975 |
| The Minard Group, LLC | $25,000 |
| Bostian's Heating & Cooling, Inc. | $24,760 |
| Concord Claims Service | $24,682 |
| Lucky's Tobacco Mart, LLC | $24,631 |
| Bank Plumbing, LLC | $24,603 |
| Timothy Tallent | $23,433 |
| Jewelry & Loan Company, Inc. | $22,766 |
| Union Arcade, LLC | $22,527 |
| Carolina Cleaning Solution of North Carolina | $22,500 |
| Rahshad Swinton | $20,833 |
| Sean Robinson | $20,833 |
| Kaneesha Griffin | $20,833 |
| Andrivia Oliver | $20,833 |
| Rahshad Swinton | $20,833 |
| A. M. G | $20,833 |
| Mylisa Miller | $20,833 |
| Bridget Jordan | $20,833 |
| Ricardo Rasheed Galarza Jr. | $20,833 |
| Keep It Movin Transport | $20,833 |
| Mylisa Miller | $20,833 |
| Ricardo Rasheed Galarza Jr. | $20,833 |
| Bridget Jordan | $20,833 |
| Victoria Bolmon | $20,833 |
| Andrivia Oliver | $20,833 |
| Davis and Sons Trucking | $20,833 |
| Jazmine Webster | $20,833 |
| Robert Sutton | $20,833 |
| Justin Moore | $20,833 |
| Kathleen Keeteman | $20,833 |
| Arona Ashby | $20,832 |
| Custom Remodeling Services, LLC | $20,832 |
| Enterprise Holdings Group, LLC | $20,832 |
| Latoya Stevenson | $20,832 |
| Ricky Minard | $20,832 |
| Antonio Lawing | $20,832 |
| Ericka Gibson | $20,832 |
| Thompsons Exteriors, LLC | $20,832 |
| Lateisha Welcome | $20,832 |
| James Lewis | $20,832 |
| James Littlejohn | $20,832 |
| Essence Legette | $20,832 |
| John Anderson | $20,832 |
| Ike Ukasoanya | $20,832 |
| Dashawn Brown | $20,832 |
| Sherry Gibson | $20,832 |
| Ronald Tucker | $20,832 |
| Dion Lewis | $20,832 |
| Javohn Washington | $20,832 |
| Preston Perry | $20,832 |
| Doris Anderson | $20,832 |
| Seantice Fuller | $20,665 |
| Constance McCrae | $20,625 |
| Satin Gaston | $20,625 |
| Jakema Garner | $20,611 |
| Shavon Joseph | $20,516 |
| Sonia Betancourt | $20,415 |
| Brittany Brown | $20,415 |
| Heather Parks | $20,415 |
| Dominique Scott | $20,329 |
| Dominique Scott | $20,329 |
| Zaquan Clyburn | $20,215 |
| Marion Feaster | $20,054 |
| Teven Jones | $20,000 |
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