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 71923
| Name of Borrower | Current Approved Amount |
|---|---|
| Pharmacy Care of Arkansas, LLC | $1,654,800 |
| WPM Community Pharmacies, LLC | $1,607,200 |
| Twin Rivers Health & Rehab, LLC | $940,600 |
| Taylor King & Associates P. A. | $848,300 |
| Arkansas Counseling and Psychodiagnostics, Inc. | $667,500 |
| South Central Arkansas Electric Cooperative, Inc. | $644,500 |
| Southwest Auto Group, LLC | $617,500 |
| Group Living, Inc. | $437,300 |
| Charles Ledbetter Logging, Inc. | $325,000 |
| K. W. Jester Logging, Inc. | $304,400 |
| Shields Wood Products, Inc. | $283,600 |
| W. P. Malone, Inc. | $228,000 |
| Allcare Specialty Pharmacy, LLC | $194,200 |
| Hardman Lumber Company of Arkadelphia, Inc. | $183,100 |
| Arkadelphia Clinic for Children and Young Adults, PA | $166,400 |
| H&T Truss Mill, Inc. | $161,200 |
| Bray Family Medicine, PLLC | $159,900 |
| The Plaza at Twin Rivers, LLC | $153,900 |
| Law Offices of Alan Levar, PLLC | $151,000 |
| Southwest Sporting Goods Company, Inc. | $145,000 |
| Clinical Concepts, LLC | $137,500 |
| Williams Logging, LLC | $136,922 |
| Turner, Rodgers, Manning & Plyler, PLLC | $136,200 |
| The Ross Foundation | $134,400 |
| Hunter Wasson Timber Services, LLC | $123,038 |
| Second Baptist Church of Arkadelphia | $122,700 |
| Print Mania, Inc. | $121,300 |
| National Apprenticeship Training Foundation, Inc. | $118,830 |
| South Central Connect, LLC | $116,400 |
| Arkadelphia SDI, Inc. | $114,000 |
| R&T Dixon Enterprises, LLC | $113,000 |
| H & B Roofing & Construction, LLC | $112,100 |
| LTB Enterprise, LLC | $110,900 |
| Allcare Express Pharmacy at Pine Bluff, LLC | $103,400 |
| Degray Development Corporation | $101,000 |
| VMN Arkadelphia, LLC | $100,000 |
| Bank 8717, Inc. | $97,000 |
| Exactmed, Inc. | $93,900 |
| Horizon Timber Services, Inc. | $92,500 |
| Pwyw Management, Inc. | $91,300 |
| Arkansas Eye Surgery; Frank S. Teed, P. A., M.D. | $84,700 |
| Galley Foods, Inc. | $83,600 |
| Little Doty Chicken, Inc. | $81,220 |
| Echols, Thompson & Kneebone, Ltd. | $77,700 |
| Camp Winnamocka, Inc. | $75,700 |
| Horizon Capital Partners, LLLP | $71,100 |
| Castle Oaks Construction, LLC | $66,200 |
| Southwest Probation Services, Inc. | $63,200 |
| Chaney Lawn Firm, P. A. | $62,700 |
| Pokel, Inc. | $61,377 |
| Austin Wingfield State Farm | $59,600 |
| Fat Boys Fine Food and Catering | $59,600 |
| Ross Dental, LLC | $59,180 |
| Arkadelphia First United Methodist Church | $58,600 |
| Maranatha Partners | $58,400 |
| Travis Berry and Associates | $55,800 |
| Arkadelphia Physical Therapy Center, Inc. | $55,300 |
| Demorrow Instruments, Ltd. | $55,200 |
| Kuntz & Company | $55,200 |
| Price & Company, Inc. | $54,500 |
| David J. Bell, D.D.S. | $53,800 |
| R. Dan Bost PA, OD | $53,700 |
| Percy and Donna Malone Child Safety Center, Inc. | $50,300 |
| South Arkansas Veterinary Hospital, Inc. | $49,200 |
| Aaditya, LLC | $48,600 |
| Laster's Furniture Complany, Inc. | $48,100 |
| Helms Dairy | $47,700 |
| LA Barca, Inc. | $47,300 |
| Justin Kirksey Logging, Inc. | $47,200 |
| Crossroads Logging, Inc. | $46,000 |
| United Hospitality, Inc. | $45,996 |
| Allcare Correctional, LLC | $45,100 |
| Craft Performance Engines, LLC | $45,000 |
| Mar Von Corporation | $44,900 |
| Hawthorn Agency, Inc. | $44,700 |
| Bunn Real Estate & Property Management, Inc. | $44,100 |
| Zeagler Manufacturing & Supply, Inc. | $43,100 |
| G II Logging, Inc. | $42,900 |
| Steven Scott Byrd | $42,300 |
| DR. Miranda Childs, D.D.S. | $41,500 |
| Arkco Machine Products, Inc. | $41,260 |
| B & R Construction, Inc. | $41,100 |
| Paramount Testing Corporation | $41,000 |
| Compass Healthcare, LLC | $38,700 |
| Robert Anthony Dorman, P. A., M.D. | $38,600 |
| Hunter Wasson Trucking, LLC | $38,095 |
| Ernesto's Tire and Truck Service Incorporated | $37,300 |
| Garner's Tire & Automotive, Inc. | $37,200 |
| D & H 10 Minit Lube, LLC | $36,972 |
| Ron Penney Construction, Inc. | $35,800 |
| Petrochem Quality Services, Inc. | $35,773 |
| Bright Beginnings Learning Center of Arkadelphia, Inc. | $35,700 |
| O'Keefe's Fish Net Restaurant, Inc. | $34,700 |
| Capital Hotels of Arkansas, Inc. | $33,400 |
| David Bost Insurance Agency, Inc. | $33,100 |
| Medlock Law Firm, P. A. | $32,900 |
| TRMC, Inc. | $32,400 |
| Arkadelphia Tire & Outfitters, Inc. | $31,800 |
| Ryan a Moore, PLLC D.D.S. | $31,800 |
| North 10th Street Liquor, LLC | $29,500 |
| Horn & Kindy, LLC | $29,300 |
| B and G Handyman Construction, LLC | $28,575 |
| K. A. Lancaster, Inc. | $27,330 |
| Mary and Martha's Florist, LLC | $26,800 |
| Twin Rivers Architecture, P. A. | $26,500 |
| Transmissions Unlimited, Inc. | $25,924 |
| Ouachita Saline Surveying, Inc. | $25,900 |
| Morgan Andy Berry CPA PA | $25,200 |
| The Cue Eatery, Inc. | $24,440 |
| Automo 'bills', Inc. | $24,200 |
| Fun Time Learning Center, Inc. | $24,100 |
| Whipple Aviation, LLC | $24,000 |
| Tifton C. Covington, OD | $23,600 |
| Abdias Cervantes | $22,400 |
| Mcmillan, Mccorkle & Curry, LLP | $22,227 |
| Great Wall Buffet | $21,742 |
| Huneycutt Farms, LLC | $21,080 |
| 3:16 Logging, Inc. | $20,900 |
| Sharmirrah's | $20,833 |
| William's | $20,833 |
| Donut Palace of Arkadelphia, LLC | $20,800 |
| Francis Custom Tours, Inc. | $20,500 |
| Hardman Interiors, Inc. | $20,500 |
| Batson Quality Signs and Graphics, LLC | $20,400 |
| Tatman Real Estate, Inc. | $20,200 |
| Jeremy Hughes Insurance Agency, Inc. | $19,435 |
| KB4 Trucking, LLC | $19,000 |
| Arkansas Realty Services, LLC | $19,000 |
| Hughes & Hughes Law Firm, Inc. | $18,400 |
| El Ranchito Grill, Inc. | $17,855 |
| Rupsa Enterprises of Arkadelphia, Inc. | $17,600 |
| Faith Missionary Baptist Church | $17,500 |
| Gary Gehrki Md | $17,300 |
| Juanita's Candy Kitchen, LLC | $17,100 |
| Vinayak Management, LLC | $15,800 |
| Golden Rains, LLC | $15,800 |
| Southwest Recogniton, LLC | $15,600 |
| Arkadelphia Wesley Foundation of the United Methodist Church | $15,290 |
| Neelkanth Hospitality, LLC | $15,000 |
| Compassion Women's Clinic, P. A. | $14,800 |
| Espinoza Professional Services, LLC | $14,685 |
| V3C, LLC | $14,582 |
| The Bennington Law Firm, Inc. | $14,100 |
| Happyland Child Care Center | $12,900 |
| Beene's Towing and Recovery, LLC | $12,388 |
| Degray Liquor, Inc. | $12,000 |
| Pain Management and Anesthesia Services of Arkansas | $11,800 |
| Ledford & Sons, Inc. | $11,300 |
| Radha, Inc. | $11,200 |
| George Biggs | $10,770 |
| Court Appointed Special Advocates of Clark County, in | $10,600 |
| Trinity Temple Assembly of God | $10,600 |
| Wallstreet in the Woods, Inc. | $10,400 |
| Paul Shepherd Auto, Inc. | $10,400 |
| Dancepraize, LLC | $10,302 |
| Charles Jason Perrin | $10,000 |
| New Life Church and Ministries, Inc. | $9,900 |
| DR. Miranda Childs, D.D.S. | $9,700 |
| White & Marks, PLLC | $9,700 |
| Murphy & Murphy, Inc. | $9,400 |
| Hardman and Hardman, Inc. | $9,400 |
| Ye Corporation | $9,305 |
| Matthew Pittman | $9,200 |
| Darren Ayres | $9,140 |
| Patricia Ayres | $9,140 |
| Hasley Professional Services, LLC | $8,600 |
| Gossip Shop | $8,500 |
| A-Town Fitness, Inc. | $8,400 |
| J. W. Rogers Electric, Inc. | $8,400 |
| First Presbyterian Church of Arkadelphia Arkansas Incorpor | $8,300 |
| Foundation Fitness Systems, Inc. | $8,100 |
| Stewart's Auto Sales, Inc. | $8,100 |
| Larry Garlington, Inc. | $8,000 |
| Kelzek Fine Jewelry & Gifts | $8,000 |
| Pregnancy Resource Center for Southwest Arkansas | $7,800 |
| Arlene F. Baltz, CPA, PLLC | $7,560 |
| Gymnastics Plus, Inc. | $7,500 |
| Stumpco, LLC | $7,500 |
| Wade's Cabinet Shop | $7,400 |
| Welch Funeral Home, Inc. | $7,370 |
| Bruce Bell | $7,300 |
| Pennington Insurance | $6,900 |
| Buras Enterprises, LLC | $6,800 |
| Shelter Insurance | $6,500 |
| Wade Court Reporting Services, LLC | $6,400 |
| Tyle Resenthal Photography | $6,400 |
| Seth Reeves | $6,250 |
| 1 More Life, LLC | $6,250 |
| Timothy Shawn Morgan Barber | $6,200 |
| Arkadelphia Collision Repair Center, Inc. | $6,200 |
| Turner and Turner Attorneys at Law, PA | $6,100 |
| Bunn Builders, Inc. | $6,000 |
| Arkadelphia Printing, Inc. | $5,600 |
| Arkadelphia Auto Glass | $5,600 |
| Joseph Newborn Trucking, LLC | $5,500 |
| Hartley Welding | $5,393 |
| Meredith Owens | $5,380 |
| Time for Paws, Inc. | $5,000 |
| Brake Plus Southeast, Inc. | $5,000 |
| Kadi's Korner | $5,000 |
| DLC Equipment, LLC | $4,800 |
| Kelnat, LLC | $4,357 |
| Goza Construction, LLC | $4,300 |
| Mount Olive African Methodist Episopal Church | $4,200 |
| Sarah Byrd | $4,200 |
| The Farm House | $4,100 |
| Village Creek Limited Partnership | $3,900 |
| Arkansas Tracking Solutions, Inc. | $3,900 |
| Anchor Healthcare, LLC | $3,800 |
| Sahajanand, Inc. | $3,800 |
| Duke-Aldon Holdings, LLC | $3,400 |
| Hearnsberger Trucking of Arkansas, LLC | $3,332 |
| MKJ Trucking, LLC | $3,300 |
| KB Therapy Services, LLC | $3,168 |
| Gina C. White | $3,000 |
| Raymond D. Jones | $2,935 |
| Clark County Literacy Council, Inc. | $2,900 |
| Northpark Properties Group, Inc. | $2,880 |
| Larky Michael Reeves | $2,700 |
| X-Hog Logistics | $2,618 |
| Walnut Square Apartments | $2,600 |
| Hien Nguyen | $2,500 |
| Candi & Company Beauty Salon | $2,480 |
| Meagan Bolton | $2,422 |
| Steven Smith | $2,342 |
| Coak Matthews HSU Red Wave Aquatic Activities, LLC | $2,300 |
| Michael Dunn | $2,281 |
| Nicole Bingham Counseling, LLC | $2,060 |
| Brianna Porchia | $2,056 |
| Shane Thomas Yelverton | $2,000 |
| CSI Counseling Support, Inc. | $1,800 |
| Roger Perry | $1,600 |
| Southark Chimney Services, LLC | $1,600 |
| Vardaman Law Firm, PLLC | $1,600 |
| Straight Line Marking | $1,500 |
| Solution Mechanical Contractor, LLC | $1,450 |
| Leon Johnson Lawn Care | $1,200 |
| Matthew Nordine | $1,100 |
| Cody W. Caldwell | $600 |
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