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 |
|---|---|
| Howard Memorial Hospital | $2,150,300 |
| PRT, Inc. | $713,306 |
| Howard County Childrens Center, Inc. | $569,915 |
| Woody Futrell Marine & Aircraft, Inc. | $535,875 |
| Smith's Ready Mix, Inc. | $467,600 |
| York Gary Autoplex, Inc. | $408,773 |
| Nashville Wellness, LLC | $300,000 |
| Lawrence Termite and Pest Control, Inc. | $274,700 |
| Millwood Trucking, Inc. | $268,100 |
| Hendry Oil Company, Inc. | $238,800 |
| Bypass Diesel and Wrecker | $235,000 |
| Neeleys Service Center, Inc. | $223,232 |
| Parrish Equipment Supply, Inc. | $207,000 |
| Southern Fab, LLC | $191,300 |
| Wilson Corporation | $189,972 |
| Jan-Eze Plating, Inc. | $170,830 |
| Apex Transport, LLC | $122,000 |
| Nashville Animal Hospital, Inc. | $109,887 |
| Buck's Maintenance Service, Inc. | $109,500 |
| JP Poblanos, LLC | $105,666 |
| Crete Cast Products, Inc. | $93,368 |
| Power Family Enterprises, Inc. | $89,200 |
| Fabtech Plus, LLC | $83,280 |
| Home Improvement Center of Southwest Arkansas | $77,694 |
| Nashville Leader, Inc. | $76,648 |
| Walline Williams | $75,000 |
| Charles Bailey Logging | $74,197 |
| Ferguson Health Care | $73,000 |
| Woods & Woods PA, Ltd. | $71,598 |
| Waa Food Services, Inc. | $61,959 |
| Reid & Reid of Nashville, Inc. | $54,400 |
| Rick a Bell, PA, OD | $46,875 |
| Smith Poultry Equipment, Inc. | $46,145 |
| MTC Enterprises, Inc. | $45,900 |
| Southern Belle INN, Inc. | $43,478 |
| Southern Glass & Mirror | $42,855 |
| H & H Foodservice, Inc. | $42,000 |
| First National Insurance Agency, Inc. | $41,817 |
| R & J Supply, Inc. | $40,800 |
| Rusty Hagler Insurance Agency, Inc. | $40,600 |
| Oge Family Medical Clinic | $40,000 |
| Lovelis Refrigeration, Inc. | $39,108 |
| CK Smith Company, LLC | $36,362 |
| Immanuel Baptist Church | $36,058 |
| Hostetler Builders, LLC | $34,970 |
| Whisenhunt Farms, LLC | $34,728 |
| SLW Trucking, LLC | $33,548 |
| Justin Jacques, LLC | $32,400 |
| Cassady Investments, Inc. | $31,200 |
| Michelle Boone | $30,233 |
| Smith Tax Service | $28,560 |
| Center Point Store, LLC | $27,312 |
| Lua, Inc. | $27,212 |
| James G. Carlton | $26,927 |
| Donald E. Sitzes, a Sole Proprietorship, D.D.S. | $26,100 |
| Rehab Specialist, Inc. | $25,313 |
| Tomco, Inc. | $24,248 |
| Pinkston Little Red School House | $23,650 |
| Los Agaves Nashville, Inc. | $23,422 |
| Feed Bin Cafe | $23,372 |
| Teague and Teague Insurance Agency, FLP | $21,745 |
| First United Methodist Church | $21,622 |
| Platinum Nashly, LLC | $21,200 |
| MJD, LLC | $20,950 |
| Smokin' Rick's Hickory House, Inc. | $20,878 |
| Merle Kropf | $20,833 |
| Kristen Johnson-Mcjunkins | $20,833 |
| Nashville Country Club, Inc. | $19,761 |
| H & R Block | $19,368 |
| Nashville Funeral Home Services, Inc. | $18,823 |
| The Place Nashville, Inc. | $18,093 |
| Scott's Auto Body | $17,500 |
| Kortlan Company, Inc. | $17,154 |
| Reid & Reid Trucking, LLC | $16,400 |
| Jagwood, Inc. | $13,566 |
| RC System Operations, LLC | $13,480 |
| Janet Schade | $13,125 |
| Sunshine Acres, Inc. | $13,101 |
| Farmers Insurance Ruth Steely Agency | $12,700 |
| Susan Hamilton | $11,766 |
| Robert D. Womack | $11,700 |
| Rebecca Rowland | $11,122 |
| Brasel Law Firm, PLLC | $10,506 |
| Allison Ball Insurance, Inc. | $10,250 |
| Landmark Insurance Agency, Inc. | $10,000 |
| Wayne Kesterson Insurance, Inc. | $10,000 |
| Jimmy Brewer | $9,885 |
| Quality Construction Services, Inc. | $9,400 |
| Precious Moments Childcare | $8,500 |
| Smith's Cleaners | $7,975 |
| American Nails | $7,700 |
| Chaney's Counseling Company | $7,500 |
| Porter's Lotion, LLC | $7,500 |
| Smoke House Pizzeria | $7,348 |
| Brandon Rowland | $6,910 |
| Southerly Boutique | $6,790 |
| Sillavan Welding, Inc. | $6,500 |
| Morgan McWhorter | $5,680 |
| Christopher Jackson | $5,200 |
| Nashville Collision Center, LLC | $5,043 |
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