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 |
|---|---|
| Sub-Surface of Indiana, Inc. | $1,647,000 |
| DB Hospitality, LLC | $339,661 |
| United Resource Group, Inc. | $216,458 |
| Nutrient Management Partners, LLC | $143,945 |
| Waycross, Inc. | $139,720 |
| Ground Works Excavating, LLC | $67,390 |
| Jim Biggerstaff Excavating, LLC | $50,205 |
| Austin Biggerstaff Excavating, LLC | $48,100 |
| Amped Electrical Services, Inc. | $41,200 |
| Funkhouser Restoration, LLC | $31,944 |
| Bryant's Drywall & Eifs, LLC | $26,000 |
| Ivan Thomas | $20,833 |
| John Gatton | $20,833 |
| Steven Smith | $20,833 |
| Roger Hickey | $20,833 |
| Christian Gorham | $20,833 |
| Christian Gorham | $20,833 |
| Todd Burns | $20,833 |
| Jared Lucas | $20,833 |
| Justin and Nicole Construction, LLC | $20,833 |
| Paul Branham | $20,832 |
| Kevin Thompson | $20,800 |
| Katie Lipsius | $20,800 |
| Kirkman Painting, LLC | $20,213 |
| Cody Ward | $19,137 |
| Frenchy's Pub, LLC | $18,957 |
| Jamie Setser | $18,142 |
| Alyssa Vaught | $17,258 |
| Brad Royalty | $16,587 |
| Brad Royalty | $16,587 |
| Indian Creek Outdoor Power, LLC | $16,350 |
| Jennifer Kennett | $15,791 |
| Jennifer Kennett | $15,791 |
| Dorothy Sperring | $15,477 |
| Hoosier Housing Solutions | $14,582 |
| Erin Kaiser | $14,095 |
| Christopher Farmer | $13,272 |
| Danial Greene | $13,265 |
| Bradley Cure | $11,919 |
| Guardian Media, Inc. | $10,690 |
| John Caffero | $10,500 |
| Roxanne Kemp | $9,017 |
| Walnut Ridge Retreat Center, LLC | $8,533 |
| Joanna McIntosh | $8,025 |
| Amy Woodrum | $7,304 |
| Nature's Gift, LLC | $7,299 |
| The Thompson Family Partnership L. . P. | $7,200 |
| Dennis Henderson | $7,000 |
| Precision Estimations, LLC | $6,137 |
| Gemini of Indiana | $5,980 |
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