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 72150
| Name of Borrower | Current Approved Amount |
|---|---|
| Roofconnect Logistics, Inc. | $942,000 |
| Firsttrust Home Loans, Inc. | $807,837 |
| The Hayden Group, Inc. | $435,600 |
| The Winston Clinic, PA | $387,160 |
| Shelby Taylor Trucking, Inc. | $330,530 |
| Platinum Roofing, LLC | $302,000 |
| Mccoy Tygart Drug Store, Inc. | $286,900 |
| Gartman, LLC | $259,938 |
| Sheridan White Rock, Inc. | $246,000 |
| Service Solutions, LLC | $217,200 |
| Wade Lunday & Associates, Inc. | $197,300 |
| Crown Point Retirement Center, LLC | $161,616 |
| Jacob Paty Logging, Inc. | $147,863 |
| Crouse Logging Company, Inc. | $144,600 |
| Pulpwood Producers Company, Inc. | $124,593 |
| Dennis Teague Chevrolet, Inc. | $104,842 |
| Keep 'n' Teach, Inc. | $101,900 |
| Pope Family Medical Clinic, PLLC | $99,000 |
| Sheridan Excavating, Inc. | $97,900 |
| Crouse Truck Parts & Equipment Company, Inc. | $89,600 |
| Lybrand Animal Clinic, Inc. | $80,500 |
| Roger W. Saenger, RPT, PA | $80,000 |
| Chapel Creek Lumber Company, Inc. | $79,400 |
| A-1 Led, LLC | $75,400 |
| Don's Hydraulic Equipment & Sales, Inc. | $70,596 |
| Preferred Roofing Solutions, Inc. | $70,000 |
| William a Highsmith PA, M.D. | $66,400 |
| Southern Homes Realty, Inc. | $66,000 |
| CMJ Restaurants of Arkansas, Inc. | $64,900 |
| Brown Millwork, LLC | $63,835 |
| Grant County Unified Community Resource Council, Inc. | $62,800 |
| Arkansas Industrial Fabricators, Inc. | $62,300 |
| Trim Solutions, Inc. | $59,372 |
| Stockton Power Equipment, Inc. | $58,700 |
| Sheridan Eyecare Clinic, LLLP | $53,300 |
| East END Animal Care and Harry B's Beverage | $52,373 |
| LA Labor, Inc. | $51,100 |
| Chem 2, LLC | $50,000 |
| BJC, Inc. | $47,000 |
| Triple H Electric Company, Inc. | $47,000 |
| Telebooth, Inc. | $46,400 |
| Dwain Miller Ministries, Inc. | $45,043 |
| Environmental Air Monitors, Inc. | $44,900 |
| Cowtown Trailers and Tires, LLC | $42,500 |
| TMK Properties, LLC | $41,667 |
| Dunnage Systems, Inc. | $38,900 |
| B&B Tire Center of Sheridan, Inc. | $37,400 |
| Sheridan Ace Hardware, Inc. | $36,900 |
| Chris Brown, LLC | $36,535 |
| BMH Logging, Inc. | $36,400 |
| Buie Funeral Home, Inc. | $34,308 |
| Michael Owens | $32,900 |
| Crouse Trucking Company, Inc. | $32,700 |
| MHS Contracting, LLC | $31,497 |
| Grove & Company | $31,400 |
| Cojita, Inc. | $31,100 |
| Patrick Campbell Insurance Agency, Inc. | $30,168 |
| Memorial Gardens Funeral Home and Cemeteries, Inc. | $29,800 |
| Randy J. Lott Sr. | $29,800 |
| Ob's Hardware & Supply, Inc. | $29,554 |
| Immanuel Baptist Church of Sheridan | $29,295 |
| Dobson Law Firm, P. A. | $28,237 |
| R & M Diesel Services, LLC | $25,957 |
| J&S Logging, LLC | $25,100 |
| Madco Investments | $24,995 |
| Vip Enterprises, Inc. | $24,200 |
| Gas N Go, LLC | $24,000 |
| S & J Tie and Lumber Company, Inc. | $23,800 |
| Auto & Truck Parts of Sheridan, Inc. | $23,338 |
| Commercial Property Improvement, Inc. | $23,000 |
| Brian Caughman Construction, Inc. | $23,000 |
| Hughes Electrical Services, Inc. | $23,000 |
| Moo Moo's Cafe & Gathering Place, Inc. | $21,543 |
| Martin E. Whitmire | $20,833 |
| Sisco Heat & Air, Inc. | $20,031 |
| Paveconnect Logistics, LLC | $20,000 |
| Grant County Bank Insurance Agency, Inc. | $20,000 |
| B. Williams Consulting, LLC | $19,882 |
| Service Solutions Plumbing, LLC | $19,700 |
| Lorie Boudra | $19,419 |
| Tate Publishing, LLC | $19,400 |
| Shriyavi Hospitality, LLC | $19,400 |
| CN Paintworks of Arkansas | $18,600 |
| First Assembly of God Sheridan, Arkansas | $17,147 |
| Max's Garage | $16,173 |
| Carey Autrey Insurance Agency, Inc. | $15,600 |
| Morrison Tax Service | $13,979 |
| MPE, Inc. | $12,441 |
| Swiger Home Improvement Corporation | $12,205 |
| Fast Trax Lube, LLC | $12,000 |
| The Perfect Blend, LLC | $11,526 |
| Sham Investment, LLC | $10,832 |
| Krickets Pizza | $10,600 |
| Sizemore Metals, Inc. | $10,454 |
| Outfitters, LLC | $10,400 |
| Kendall K Leigh Notary Signing Agent | $10,300 |
| Covered Up, Inc. | $10,291 |
| ANP Stop N Shop & More | $10,100 |
| Er NP Associates, PLLC | $10,000 |
| Murray Construction, Inc. | $9,600 |
| Cassidy's World, Inc. | $9,000 |
| C G Home Builders, LLC | $8,600 |
| Crouse Electric, LLC | $8,300 |
| Sheridan Golf Club, Inc. | $8,100 |
| Cole Trucking | $7,800 |
| Action Realty | $7,594 |
| Grant Westmoreland Shelter Insurance | $7,400 |
| Pinnacle Gymnastics, LLC | $7,000 |
| Jo S Diner, LLC | $6,975 |
| Aaron Broughton | $6,852 |
| Pinnacle Athletic Club | $6,700 |
| White House Hair Design | $6,500 |
| Kim Hollinger Insurance Agency, Inc. | $6,300 |
| Realtor | $6,260 |
| Ed M. Koon | $6,221 |
| Keith Martindale | $6,200 |
| Koon's Jewelry, Inc. | $5,900 |
| Education's Pickup, LLC | $5,825 |
| HK Trucking, LLC | $5,700 |
| Mandie L. Stevens | $5,100 |
| William E. Stevens III | $4,900 |
| Nathan Ford | $4,900 |
| Wade C. Hall | $4,700 |
| Aaron Owens Music | $4,504 |
| Rachel Rushing | $4,500 |
| Jacob E. Easley | $4,000 |
| Phillip Casey McGarity | $3,900 |
| Terry Harden | $3,768 |
| Antonio Givens | $3,657 |
| Lisa C. Treat, Inc. | $3,300 |
| Moriah L. Patterson | $2,968 |
| Gibbs Archery Gear | $2,786 |
| Jerry Green | $2,682 |
| Kalyn Herring | $2,600 |
| Jeremy Herring | $2,600 |
| Southern SKY Communications, LLC | $2,597 |
| Troy Moore Service Company | $2,500 |
| Economy INN | $2,500 |
| North Main Baptist Church, Sheridan, Arkansas | $1,500 |
| Rickey Pate | $1,500 |
| David Keisler | $1,100 |
| Amber Denis | $800 |
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