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 |
---|---|
Danville Family Dental | $169,976 |
GDN Welding, LLC | $124,436 |
Lyons Den of Danville, LLC | $79,402 |
The B & J Drilling Company | $61,941 |
The Hangout, LLC | $50,505 |
Don Leo's Market, LLC | $46,115 |
Merritt Construction, LLC | $40,000 |
Jo-Jan Holsteins, LLC | $39,953 |
Options Plus Furniture | $38,750 |
Trustee Cut Landscaping and Lawn Care, LLC | $32,615 |
Camp Mcpherson | $27,800 |
Electrowarmth Products, LLC | $25,250 |
J & M Roofing, LLC | $24,935 |
J & M Roofing, LLC | $24,935 |
Andrew Swendal | $20,833 |
Peter Wilson | $20,833 |
Theodore Bratton | $20,833 |
Andrew Swendal | $20,833 |
Jeremy Geiger Trucking, LLC | $20,833 |
Staats Brothers Farm, LLC | $20,833 |
Brian Roskwitalski | $20,832 |
David Smith | $20,832 |
Brennan Durbin | $20,832 |
Branton Boeshart | $20,832 |
Gene Matheny | $19,831 |
PVR Trucking, LLC | $19,793 |
Brian Baldridge | $18,115 |
Horseshoe Drive Thru of Danville, LLC | $17,930 |
Parker & Sons Transport, LLC | $17,484 |
Noel Alden | $17,100 |
Paul Vess | $16,288 |
Danville Mini-Mart, Ltd. | $15,934 |
John Shultz | $15,239 |
Barbara Banbury | $14,780 |
Douglas Wilson | $14,515 |
Miller Vending, Inc. | $14,080 |
Travis Baker | $14,053 |
Aaron Stutz | $13,504 |
Leck Addair Jr. | $12,082 |
Albert Ferenbaugh | $11,210 |
Operation Outreach | $10,782 |
Kenneth Breckler | $9,645 |
Amanda Wood | $9,219 |
Amanda Wood | $9,219 |
Levi Troyer Construction, Inc. | $8,750 |
Owen Looney | $7,832 |
Paul Butts | $7,309 |
Evelyn Frazier | $6,978 |
Kyle Shultz | $6,696 |
The Gloss Boss | $6,671 |