The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 71921
| Name of Borrower | Current Approved Amount |
|---|---|
| J & J Lumber Company, Inc. | $274,154 |
| Gann Logging, Inc. | $236,612 |
| Sutton Lumber, Inc. | $161,774 |
| Lyons Logging, Inc. | $148,500 |
| Matt Davis Logging, Inc. | $143,904 |
| D & J Trucking of Amity, Inc. | $106,300 |
| 4D Transportation, Inc. | $70,220 |
| Keith's Roofing & Home Improvement, LLC | $62,700 |
| Jeremys Sports Stop, Inc. | $55,600 |
| Bryan Lyons Logging, LLC | $52,700 |
| DR. Chester V. Clark, JR., M. P. H., P. C., D.D.S. | $50,861 |
| Jenkins Trucking Company, Inc. | $46,828 |
| Jason Cantrell | $42,400 |
| Robert Doster Trucking, Inc. | $36,434 |
| K & P Cabinet Doors & Millwork | $36,341 |
| Chad Stewart Logging, Inc. | $34,800 |
| Cowboy Transportation Services, Inc. | $31,911 |
| Gerald Taylor | $21,540 |
| Lindsey Logging, LLC | $21,131 |
| Amity Jamar's, Inc. | $19,146 |
| Chesshire Concrete, LLC | $14,995 |
| Amity Land Company, LLC | $14,700 |
| J. Shelby Consulting, Inc. | $8,333 |
| Alan Cargile Trucking | $7,100 |
| Jake Vaught Construction | $7,000 |
| Natural State Disaster Relief, LLC | $5,785 |
| Mark's Auto Body, LLC | $5,485 |
| BS Welding & Construction, L. L. C. | $5,400 |
| Hunter Mcgough Logging, LLC | $5,151 |
| Fox Auto | $4,500 |
| Amy Sutton | $4,462 |
| S Freeman, PLLC | $4,335 |
| Velvet K. Counts | $4,194 |
| Matt Oneal | $3,982 |
| Madison Conner | $2,800 |
| Ronnie Wilson Trucking | $2,393 |
| Holcombe Automotive | $1,288 |
| Utterly Dependent Services, LLC | $900 |
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