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 |
|---|---|
| Universal Electric Company, Inc. | $1,957,507 |
| Mcdaniel Supply Company, Inc. | $563,600 |
| Nesmith Chevrolet Buick GMC of Jesup, Inc. | $454,900 |
| Little Creek Drug, LLC | $130,600 |
| B & B Concrete Services, LLC | $102,589 |
| The Schrock Group | $100,877 |
| Pine Forest Country Club, Inc. | $87,710 |
| The Conner Law Group, P.C. | $87,400 |
| Solid Surfaces, Inc. | $66,792 |
| Leah L. Jones, P.C. | $59,390 |
| Bargeron Motor Company, LLC | $59,166 |
| Murphy Builders Supply, Inc. | $56,063 |
| Oquinnoquinn, LLC | $55,283 |
| First United Methodist Church | $48,870 |
| Samantha F. Jacobs, PC | $45,372 |
| Shree Jalaram, Inc. | $40,900 |
| Tracy Alan Brown, PC | $40,000 |
| Boyette Cabinets, LLC | $37,830 |
| Partners Risk Services South, LLC | $32,020 |
| Lane Electric, Inc. | $31,200 |
| Hubbard Home Solutions Corporation | $30,618 |
| Richwell, Inc. | $29,500 |
| Anchored in Wellness | $25,900 |
| Bennett & Lindsey, PC | $24,100 |
| Kimberly L. Copeland & Associates, LLC | $23,688 |
| Turning Point Worship Center, Inc. | $22,800 |
| New China at Jesup, Inc. | $21,085 |
| Robert A. Smith | $20,833 |
| D&M Transport | $20,833 |
| CK Electric of Southeast, Inc. | $20,254 |
| Hayes Landscaping and Pressure Washing | $16,500 |
| River Road Ready Mix Product, Inc. | $14,600 |
| Andy R Beaver, PC | $14,579 |
| Savannah Sleeper, Inc. | $13,332 |
| Heating & Air Company of Wayne, LLC | $13,000 |
| The Williamson Company, LLC | $10,900 |
| Radhmin, Inc. | $10,724 |
| Sadak Package Store, LLC | $9,924 |
| East Wok Chinese Restaurant, Inc. | $9,070 |
| Pink Lady Couture | $8,020 |
| Mossy Oak Assisted Living of Georgia, Inc. | $7,940 |
| Premier Resource Solutions, LLC | $7,701 |
| Smith, Phelps & Murray | $7,615 |
| South East Vipassana Association | $7,515 |
| Harris Real Estate, Inc. | $7,276 |
| St. Joseph Church | $6,203 |
| Charlie J Moody, JR | $5,991 |
| Coastal Marsh Construction, LLC | $5,104 |
| Pretty In Pink Nail Salon | $4,969 |
| Community Chapel Funeral Home of Jesup | $4,389 |
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