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Friday, November 15, 2024

These are the top 50 largest PPP loans in 2021 in ZIP Code 40468

Innovation

Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 40468, according to the US Small Business Administration.

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.

Top 50 largest PPP loans in 2021 in ZIP Code 40468
Name of BorrowerCurrent Approved Amount
Horsin' Around Camp, Inc.$29,119
Anthony Mattingly$20,833
Anthony Mattingly$20,833
Charles Acey$20,833
Kenneth Neal$20,833
Edwin L. Glasscock$20,833
Michael McHolan$20,833
Benjamin Pruitt$20,800
Wesley Pruitt$20,800
C&H Transport, LLC$20,800
Wesley Pruitt$20,800
Cazzion Perkins$19,790
Don Hundley$19,300
Michael Webb$18,500
Robert Young$18,006
Walden Funeral Home, LLC$17,600
Kelly Griffith$15,500
Pruitt Industries, LLC$14,700
Lemuel McDonald Leonard$13,800
Lemuel Leonard$13,800
Chadwick Samons$13,100
Hugh Gibson$12,500
Elisa McHolan$12,208
Robert Sheperson$11,800
Salted Honey Cafe, LLC$10,200
Mark Bottom$10,200
Michael Webb$9,650
Steven Caton$9,285
Elite Agronomics & Consulting, LLC$8,800
Joshua Hafley$8,600
Camden Slone$8,000
Andrew Todd Reynolds$7,600
Michael Graves$6,684
Stephanie Pearce$6,445
Kenneth Wise$6,200
John Key$5,600
Chaplin River Catering, LLC$5,400
Elizabeth Life$5,200
Caleb Milburn$5,176
Michael Middleton$5,000
Virginia Gibson$4,900
Linda Pruitt$4,600
David Todd Reynolds$4,400
Robert Sheperson$4,200
Latisha Milburn$3,832
Ashley Miller$3,700
Tatum Bottom$3,600
Quain Neal$3,303
Donald Sawyer$3,200
Jeffrey Delbridge$3,135

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