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 |
|---|---|
| Boone Newspapers, Inc. | $1,898,567 |
| Warren Steele & Associates, LLC | $1,110,700 |
| G. I. Associates of West Alabama, PC | $798,543 |
| John Plott Company, Inc. | $623,419 |
| Indian Hills Country Club | $565,910 |
| One Eyed Jacks, Inc. | $339,262 |
| Southern Ale House, LLC | $313,000 |
| Holder Enterprises, Inc. | $289,600 |
| Ellis Architects, Inc. | $210,980 |
| Alabama Ear Nose and Throat Specialists, LLC | $195,700 |
| Rayburn Hospitality Uptown, LLC | $194,756 |
| Black Warrior Services, LLC | $193,802 |
| Vardaman Enterprises, Inc. | $191,054 |
| Rayburn Hospitality Tuscaloosa, LLC | $190,460 |
| Rayburn Hospitality Oxford, LLC | $189,291 |
| G Earl Hydrick PA, D.D.S. | $163,000 |
| Rayburn Hospitality Vestavia Hills, LLC | $161,952 |
| Davis Dental of Tuscaloosa, PC | $158,800 |
| E & A Team, Inc. | $157,300 |
| 'Always There' in-Home Care Tuscaloosa, LLC | $146,100 |
| JJ Huntsville Downtown, LLC | $135,039 |
| Gastro Care, P.C. | $126,430 |
| Mckenna-Wanstall, Inc. | $121,995 |
| Local Roots, LLC | $118,900 |
| Dorroh & Mills, PC | $117,576 |
| Sputh Center for Sight, LLC | $114,125 |
| Tuscaloosa Clothier, Inc. | $113,488 |
| Bama Hotel Group, LLC | $107,810 |
| Plastic Surgery of Tuscaloosa | $105,776 |
| Echols Taylor & Associates, PC | $104,678 |
| Hooligans, LLC | $103,803 |
| Ear Nose and Throat Associates of Tuscaloosa, P.C. | $103,351 |
| First Wesleyan Academy | $97,253 |
| WC Enterprises, LLC | $87,203 |
| Ross Bunch | $83,429 |
| Alabama Nursing Home and Foot Care, LLC | $82,333 |
| LA Bamba Mexican Grill, LLC | $74,200 |
| U. S. Rentals, Inc. | $72,420 |
| Jackie of All Trades | $69,100 |
| Kinematic Sports, LLC | $67,524 |
| North River Dental Associates | $64,468 |
| Timothy Bassett | $62,734 |
| The Advantage Realty Group, Inc. | $59,940 |
| Watson & Poole, LLC | $59,255 |
| Fincher & Ozment, Inc. | $57,598 |
| Chip Griffith Construction Company, LLC | $54,801 |
| JJ Huntsville, LLC | $54,737 |
| JMSC, LLC | $53,066 |
| Greater Tuscaloosa Youth for Christ | $51,965 |
| Lai Lai Restaurant, LLC | $49,198 |
| Philip M Phillips JR. PC, M.D. | $48,600 |
| Pepito's Jasper, Inc. | $47,640 |
| Jamie D. Johnson PC, D.M.D. | $44,400 |
| Bobby E. Hill PC, M.D. | $42,500 |
| Toby Nichols Construction | $39,398 |
| Varnon Engineering, LLC | $39,295 |
| Derek Daniel | $39,083 |
| Anderson Accounting & Income Tax Service | $39,032 |
| Alabama Security Company, LLC | $38,498 |
| Scuttle Shuttle, LLC | $38,432 |
| Howard & Associates, Inc. | $38,267 |
| Will Wagner LLC D.M.D. | $38,100 |
| Tuscaloosa Surgical Associates, PC | $37,823 |
| Agung Budiarto | $36,362 |
| Southeastern Plastic Surgery Associates, PC | $34,100 |
| Gastroenterology Consultants of Tuscaloosa, Inc. | $31,058 |
| The Pearson Law Firm, P.C. | $29,352 |
| JHB Consulting, LLC | $29,200 |
| Robert S. Plott, LLC | $28,100 |
| Richard Davis | $27,300 |
| Mirian Hubbard | $26,889 |
| Hinton Real Estate, Inc. | $26,615 |
| Reynolds Independent Insurance Agency, LLC | $26,317 |
| Ingrams Accounting & Financial Management, Inc. | $25,937 |
| Beverly Goodwin | $25,380 |
| Mike Mills & Associates, Inc. | $25,300 |
| Coppock Services, LLC | $25,000 |
| Donna Petty | $24,802 |
| Inventive Tours, LLC | $24,300 |
| Part Two, LLC | $23,928 |
| Shandria Anthony | $23,333 |
| Shannon Wright | $21,100 |
| Christopher Lee | $20,948 |
| Ashley White | $20,834 |
| Stephan Holcombe | $20,833 |
| Michael Williams | $20,833 |
| Ruth Louie | $20,833 |
| Mollie Putyrae | $20,833 |
| Demetrius Horton | $20,833 |
| Caitlyn Dora | $20,833 |
| Michael Doughty | $20,833 |
| Lisa Marie Coop | $20,833 |
| Cassandra Paige | $20,833 |
| Zavieun Jackson | $20,833 |
| April Wilson | $20,833 |
| Kim Vardaman | $20,833 |
| South Creek Management | $20,833 |
| Josh Colburn | $20,833 |
| Gerald Ross | $20,833 |
| Daniel Joyner | $20,833 |
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