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 71953
| Name of Borrower | Current Approved Amount |
|---|---|
| Mena Hospital Commission | $2,644,059 |
| Healthy Connections, Inc. | $1,814,500 |
| Southwest EMS, Inc. | $1,035,185 |
| Sterling Machinery, Inc. | $1,030,585 |
| Rich Mountain Electric Cooperative, Inc. | $580,074 |
| Rose Aircraft Services, Inc. | $556,000 |
| Brodix, Inc. | $537,000 |
| Aviation Maintenance Services International, LLC | $351,714 |
| Don's E-Z Pay, Inc. | $332,396 |
| Polk County Developmental Center, Inc. | $267,917 |
| Montco Manufacturing, Inc. | $209,955 |
| Mountain View Clinic 1, LLC | $199,231 |
| Freedom Pharmacy, LLC | $188,461 |
| Mena Steel Buildings, Inc. | $169,800 |
| Peachtree Mena, LLC | $169,000 |
| Francis M. Dix Company, Inc. | $156,000 |
| J & J Womble Enterprises, Inc. | $125,926 |
| Southern Disposal, Inc. | $125,000 |
| Crider Aircraft Painting, Inc. | $124,801 |
| Rose-Wood Completions, LLC | $124,761 |
| R&C Aviation, Inc. | $123,656 |
| Papas Mexican Cafe, LLC | $116,593 |
| Mountain Airframe, Inc. | $116,067 |
| L. Allen Herod CPA | $114,365 |
| Mena Newspapers, Inc. | $114,000 |
| Duke's Junktion Hardware & Tool Company | $98,651 |
| Miners a & B Tire, Inc. | $94,681 |
| Five J Electric, Inc. | $92,955 |
| Washburns Home Furnishings, Inc. | $81,100 |
| TBI, LLC | $79,979 |
| Richard Campbell Logging, Inc. | $78,080 |
| Seven Rivers Leasing Corporaton, Inc. | $77,000 |
| Svelte, LLC | $76,709 |
| Squier, Inc. | $75,974 |
| Sun Country INN, Inc. | $75,800 |
| Tedder Brothers, Inc. | $75,363 |
| Americhemm, LLC | $74,601 |
| Really Great Corporation | $73,300 |
| Jimmy Lane Logging, Inc. | $71,000 |
| RCD Warehouse, Inc. | $70,000 |
| Graves Propane, Inc. | $65,431 |
| Chopping Block Steakhouse | $63,235 |
| West ARK Poultry Supply, Inc. | $58,828 |
| Pleasant Hills Animal Clinic, LLC | $58,196 |
| Family Fun Pools & Spas, LLC | $58,162 |
| Mena Center for Womens Health | $55,960 |
| RCI Construction | $55,930 |
| Ouachita Rock, Inc. | $53,965 |
| Mena Tire Company, Inc. | $53,814 |
| The Outback Barn, Inc. | $52,846 |
| Family Dentistry by T. Wayne Bailey, D.D.S. | $51,070 |
| Alvin's Heating and Air, Inc. | $50,867 |
| Dallas Avenue Baptist Church | $49,729 |
| Karl Cunningham, CPA, P. A. | $49,000 |
| Mena Aircraft Painting, Inc. | $48,103 |
| Precision Surgical Service, LLC | $48,016 |
| BSK Properties, LLC | $47,769 |
| Spurgin's Southern Auto Supply, Inc. | $46,942 |
| The Corner, LLC | $46,733 |
| Jeff's Collision Repair, LLC | $46,547 |
| Mena Insurance Agency, Inc. | $45,667 |
| Gilbert's Hard Rock Drilling | $45,280 |
| Philpot Construction, Inc. | $45,136 |
| Knittig Foods, Inc. | $45,000 |
| Boyd Interiors, LLC | $44,648 |
| First Baptist Church | $44,000 |
| MJTRH, Inc. | $43,937 |
| Masters Air, LLC | $43,140 |
| Mena Aircraft Engines, Inc. | $43,129 |
| JLM Transportation, LLC | $42,909 |
| Shepard Group, LLC | $42,225 |
| Tommy Jewell Logging, Inc. | $40,641 |
| Matt Thomas Agency, LLC | $39,400 |
| Hunters Pondarocka Farms, Inc. | $37,291 |
| Russell Hughes Logging | $36,935 |
| Trent-Leigh, Inc. | $36,668 |
| Maddox & Maddox | $36,137 |
| Sunshine House Daycare, Inc. | $35,635 |
| Ouachita Family Practice, LLC | $35,461 |
| Custom Crushing, LLC | $34,980 |
| R&D Industires | $34,712 |
| Ouachita Physical Therapy Service, Inc. | $34,200 |
| Glennaire Construction | $34,012 |
| Curt's Tires and Muffler | $32,273 |
| Little Italy Pizza Pasta and Subs II, LLC | $31,372 |
| Chicollos Food Emporium, LLC | $31,300 |
| J&a Truss and Lumber, LLC | $29,953 |
| Dallas Avenue Dental Care, Inc. | $29,443 |
| David C Peppers PLLC D.D.S. | $28,407 |
| Price Mobile Homes, Inc. | $28,043 |
| Mena Pediatric Center, PLLC | $28,000 |
| Sam Heath Custom Cabinets, Inc. | $27,747 |
| Xcaliber Firearms, LLC | $27,562 |
| Grace Bible Church | $27,285 |
| Pine Ridge Machine, Inc. | $27,000 |
| Christ Community Fellowship of Mena | $25,397 |
| GS Davis, Inc. | $24,967 |
| Janssen Ave Florist & Gifts, LLC | $24,896 |
| New China of Mena, LLC | $23,445 |
| Southside General Store, LLC | $23,095 |
| Mike's Homespecialties, Inc. | $22,754 |
| Gilchrist Tracto, Inc. | $22,088 |
| Simple Simons Pizza of Mena, LLC | $22,050 |
| Mena/polk County Senior Citizen's, Inc. | $22,040 |
| Arkansas Carpet Care, Inc. | $21,704 |
| Goss, Inc. | $21,377 |
| Pearson's Commercial Cleaning Services | $20,952 |
| Mafoota, Inc. | $20,850 |
| Duckett's North Side Super Stop, LLC | $20,759 |
| Prairie Creek Manufacturing, LLC | $20,673 |
| First United Methodist Church | $20,660 |
| DDH Lube, LLC | $20,568 |
| Geyer Holdings, LLC | $20,300 |
| Tim's Yamaha | $19,000 |
| Hurst and Sons Trucking | $19,000 |
| Safeguard Pest Management, LLC | $18,553 |
| Bayne Enterprises | $18,020 |
| Brooks Ice Company, Inc. | $17,857 |
| Allen Construction | $17,000 |
| Bowser Hall Funeral Home, LLC | $16,500 |
| T & D Logging | $16,000 |
| Buckeye Transportation, Inc. | $15,532 |
| Sullivan Distributing, LLC | $15,522 |
| Mena Short Stop, LLC | $15,472 |
| Ace Realty | $15,455 |
| Fully Baked Cakery, LLC | $14,900 |
| Wells Heating & Air, Inc. | $14,412 |
| Mena Assembly of God Church, Inc. | $14,360 |
| K&K Cleaner | $14,283 |
| Mena Real Estate, Inc. | $14,259 |
| Shawn M. Nash | $13,988 |
| Nathan Fox | $13,948 |
| Humane Society of the Ouachitas | $13,449 |
| Lawn Care, Inc. | $13,329 |
| Quantom Group FBO Holdings, LLC | $13,000 |
| Montgomery Insurance, Inc. | $12,812 |
| Page, Thrailkill, and Mcdaniel, Attorneys, P. A. | $12,770 |
| T&J Construction of Western Arkansas, LLC | $12,641 |
| Acorn Rural Water Association | $12,371 |
| The Gabriel Clothing Company, LLC | $12,000 |
| Creekside Builders, LLC | $11,882 |
| Ouachita Equine Clinic, Inc. | $11,806 |
| Aynes Ice, LLC | $11,563 |
| Charlotte Ryburn | $11,505 |
| Mena Eye Care, Inc. | $11,000 |
| Rieki Hibachi Sushi Fine Asian Cuisine, Inc. | $10,600 |
| TRI County Services, LLC | $10,487 |
| Mountain Aire Sanitation, Inc. | $10,370 |
| Jimmy Nash | $10,179 |
| Allbaughs Florist and Gifts, LLC | $10,099 |
| David P. Brown, P. A., M.D. | $10,000 |
| Five Hats, LLC | $10,000 |
| James Allen Trucking, Inc. | $10,000 |
| Black Bear Cabins, LLC | $10,000 |
| Suzy Q's Sweet Creams & Coffee, LLC | $9,999 |
| Moore Transportation of Arkansas, LLC | $9,566 |
| Debbie Fairless APN, PLLC | $9,357 |
| Mena Pawn and Gun, LLC | $9,000 |
| Ouachita Wellness and Sports Center, LLC | $8,765 |
| Copelin Financial Services, Inc. | $8,764 |
| T & R Trucking | $8,602 |
| Hanson's Hilltop Resorts, LLC | $8,553 |
| B & W Advanced Electric, LLC | $8,424 |
| Casa of the Ouachita Region, Inc. | $8,283 |
| Ouachita Baptist Association | $8,000 |
| Strother Bilt | $8,000 |
| Shiv Ganesh of Mena, LLC | $7,950 |
| Classic Trucking, LLC | $7,878 |
| Pony Express Printing, LLC | $7,611 |
| Ruff Road Trucking, LLC | $7,550 |
| Joyce Atchley | $7,500 |
| Robert Hamilton | $7,428 |
| Jacqualyn Urbanovsky | $7,400 |
| Ouachita Coffee Roasters | $7,381 |
| Stoney Edwards | $7,292 |
| Lakeside Metal Fab, LLC | $7,002 |
| Rodney Bird Enterprises | $7,000 |
| Barney Farms, LLC | $6,835 |
| Arkansas West Metals | $6,825 |
| Sanctified Design Studio, LLC | $6,801 |
| JLP Opportunities | $6,637 |
| Nathan Fowler | $6,563 |
| Craig Ranch | $6,000 |
| Ouachita Machine & Tool Company, Inc. | $5,932 |
| Aubrey Kleinman | $5,670 |
| Pips Ac and Heating | $5,669 |
| Robbins Ranch | $5,619 |
| Ouachita Nature Builders | $5,415 |
| Sherwood Bistro, LLC | $5,331 |
| Jones Fence | $5,300 |
| Hill Crest Stone | $5,121 |
| Williams Medical Clinic, LLC | $5,065 |
| 4 L Tool Sales, LLC | $5,006 |
| Integrity Fence, LLC | $5,000 |
| Holly Springs Homestead, LLC | $5,000 |
| Josh Johnson | $4,975 |
| Mccourtney Medical Services, PA | $4,956 |
| Priority Aviation, Inc. | $4,886 |
| Russell L. Beck | $4,881 |
| Ouachita Mountain Speech-Language Pathology, LLC | $4,300 |
| Mena Spine and Rehab, PA | $4,209 |
| S & S Donut Palace, LLC | $4,000 |
| Ron's Carwash, Detailing and Auto Sales | $3,936 |
| Hog Pawn, Inc. | $3,900 |
| Buddy Hendricks | $3,789 |
| Kess' Corner, LLC | $3,693 |
| S & P Office Store, LLC | $3,609 |
| KD Flooring and Remodel | $3,500 |
| Horton's Towing, LLC | $3,493 |
| Southwest Artists, Inc. | $3,475 |
| Clarice's Room of Hope | $3,472 |
| Non-Stop Fitness, LLC | $3,414 |
| G W Davis Distributing, LLC | $3,364 |
| The Tire Shop Of Mena | $3,316 |
| J & N Dozer, LLC | $3,316 |
| Victor N. Golden | $3,000 |
| Friends and Company Salon | $3,000 |
| Richard Theriot | $2,766 |
| Sondra Rosson | $2,759 |
| Yahn Accounting & Tax Service | $2,623 |
| Alexa Graves | $2,500 |
| Tran Buu Ngo | $2,447 |
| James West Jr. | $2,316 |
| Lucia G. Rudman Sole Proprietor | $2,200 |
| E and W Marine | $1,900 |
| Van Thi Thuy Tran | $1,839 |
| Jodi West | $1,528 |
| Brian Lang | $1,234 |
| Mark Urbanovsky | $1,200 |
| S and L, LLC | $1,041 |
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