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 |
---|---|
Snavelys Machine & Manufacturing Company, Inc. | $1,960,000 |
Shoshone Trucking, LLC | $1,019,840 |
American Stationery Company, Inc. | $615,000 |
Thrush Company, Inc. | $606,000 |
Doane Keyes Associates, Inc. | $547,400 |
Paul-Richard, Inc. | $410,900 |
Miami-Cass County Remc | $384,025 |
Bellar Construction Management, Inc. | $364,979 |
Ebert Machine Company, Inc. | $281,300 |
Kokomo Gravel, Inc. | $261,528 |
Guyer the Mover, Inc. | $227,000 |
Door and Hardware Installation of Indiana, Inc. | $205,100 |
Reprocomm, Inc. | $202,930 |
Miami County Young Men's Christian Association, Inc. | $195,138 |
Comerford & Company, PC | $187,200 |
W. C. Redmon Company, Inc. | $161,400 |
Company-Tronics, Inc. | $161,000 |
Chinook Motor Coach, LLC | $143,500 |
Maximum Power Sports, Inc. | $136,100 |
TD Fresh Foods, Inc. | $136,100 |
J-Naz, Inc. | $133,646 |
S and S Truck Repair, Inc. | $122,700 |
Bower Family Dentistry, LLC | $119,500 |
Touloukian Supply Company, Inc. | $112,700 |
Climate Makers, Inc. | $110,200 |
B & D Agent Service, Inc. | $108,400 |
Ladd Farms, Inc. | $89,562 |
Drive Now Auto Credit Company, Inc. | $87,000 |
J. D. Yeoman, Inc. | $86,699 |
Peru Dental Care | $84,800 |
Miller-Jess, Inc. | $80,391 |
Bowyer Excavating, Inc. | $79,545 |
Recycling & Processing Equipment, Inc. | $78,075 |
Alan & Judith, Inc. | $76,500 |
Dale Insurance Services, Inc. | $75,500 |
Rock Hollow, LLC | $69,400 |
Broadway Home Improvement, Inc. | $68,982 |
Julmar, Inc. | $67,829 |
TRI Tire | $67,800 |
Benny V Foods, Inc. | $65,200 |
Miami-Cass Communications, Inc. | $64,595 |
Lee Dale Ryan, Inc. | $64,200 |
Dobbs Legal Group, LLC | $61,800 |
Piercy Trucking, LLC | $61,000 |
JL Vincent Enterprises, Inc. | $60,765 |
Pancho's, Inc. | $59,600 |
Eastpointe Bible Church of Peru Indiana, Inc. | $59,501 |
B & R Investments, Inc. | $59,200 |
Melody M. Richardson PC, D.D.S. | $58,367 |
Edge Mechanical Services | $58,300 |
Draper's Auto Sales, Inc. | $57,850 |
JP Mcclure Enterprises, LLC | $56,400 |
Olson Paint & Body, Inc. | $55,800 |
Rat, LLC | $54,856 |
Kindervision Foundation, Inc. | $54,693 |
Lutheran Church Missouri Synod | $51,800 |
Garden Gate Greenhouse, Inc. | $51,116 |
Outrageous Apparel, Inc. | $51,100 |
4ZS RVS, Inc. | $51,100 |
SMCM Properties, LLC | $49,977 |
Miami Beverage, Inc. | $49,900 |
Miami Hauling, Inc. | $49,700 |
Bowman & Son Heating & Cooling, Inc. | $49,600 |
Meera, LLC | $48,958 |
Kyle J. Wurtzel | $48,600 |
Smith Hauling and Removal, LLC | $48,500 |
East END Double Dip, Inc. | $47,545 |
Merritt & Son Excavating, LLC | $46,946 |
El Rancho, Inc. | $45,400 |
Byron L Cohee, PC, D.D.S. | $44,000 |
St. Charles Church | $43,200 |
Miami County Veterinary Clinic, Inc. | $41,800 |
Main Street United Methodist Chur | $41,200 |
SN Pizza 1, LLC | $40,500 |
Eddy Funeral Home, Inc. | $39,945 |
Peru Glass & Screen, Inc. | $39,200 |
Vintage Campers, LLC | $38,500 |
Denham Building Service, Inc. | $38,400 |
Canal House, LLC | $36,400 |
City Tire of Peru, Inc. | $34,940 |
Dillman Enterprises Incorporated | $34,560 |
Party Direct, Inc. | $34,494 |
Peace of Mind, LLC | $33,300 |
Fred Warner Farms, Inc. | $33,055 |
Recycling Roll-Off Boxes, LLC | $32,342 |
Midland Lumber Company, Inc. | $30,517 |
Central Lighting Service & Supply Company, Inc. | $30,400 |
CSA Spirits, Inc. | $29,500 |
Dreams to Reality Cakes | $29,000 |
Indiana Pediatric Associates, LLC | $28,940 |
Chapel Ministries Outreach, Inc. | $28,700 |
Advanced Internal Medicine, LLC | $28,272 |
Keith Kunkle | $28,235 |
Touby Pike Recycling Center, LLC | $27,852 |
Chris Ousley Insurance Agency, Inc. | $27,800 |
GMA Concrete, LLC | $27,000 |
Down on the Farm Crafts, Inc. | $27,000 |
Mobile Auto Glass, LLC | $26,242 |
Mcmillan Insurance & Fin Sucs, Inc. | $25,700 |
Miami Nation of Indians of the State of Indiana, Inc. | $25,600 |