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 |
|---|---|
| DM & RK, Inc. | $375,000 |
| Ham Brothers, Inc. | $308,035 |
| William David White JR P. A., D.D.S. | $154,930 |
| Accuvision Eye Care PA, OD | $149,997 |
| American Linc, LLC | $149,291 |
| Bridging the Gap of North Carolina, Inc. | $131,570 |
| Chen's Eatery, Inc. | $130,165 |
| ANNS Nails and Spa | $126,172 |
| Amber Jack Seafood, LLC | $121,908 |
| Family Concepts, Ltd. | $107,627 |
| Creative Solutions | $101,379 |
| Dcota Construction, LLC | $99,375 |
| Gastonia ATP, LLC | $93,800 |
| Bruce Miller PA, D.D.S. | $85,387 |
| Thad Pierce Johnston P. A., D.D.S. | $80,900 |
| LA Bolcita Del Pan, Inc. | $67,200 |
| Wilcox, Inc. | $65,477 |
| Robert Mason and Son Grading and Paving, Inc. | $63,805 |
| Choice Landscaping & Design, Inc. | $62,905 |
| Laxmi Hospitality, LLC | $62,800 |
| Stowe, Inc. | $55,917 |
| Swartz Building Solutions, Inc. | $53,793 |
| Clear-View, Inc. | $52,362 |
| Signz, Inc. | $50,600 |
| Style NC, LLC | $49,183 |
| Thomas Construction and Restoration, Inc. | $49,031 |
| Retirement Dynamics, Inc. | $46,357 |
| Asap Subs, LLC | $42,290 |
| Carolina Cleaning Network | $41,680 |
| Sandy Plains Baptist Church, Inc. | $41,165 |
| New Hope Insurance Agency, Inc. | $41,092 |
| 5 Star Transportation, LLC | $40,073 |
| The Happy Shack Vape/smoke Shop | $38,929 |
| OH THA Gyee, LLC | $37,625 |
| Covalent, Inc. | $29,962 |
| Tab One, Inc. | $25,367 |
| AKW Electrical Contractors, LLC | $25,350 |
| GMB Steel, Inc. | $25,053 |
| New Hope Baptist Church | $23,705 |
| DBH Consulting, Inc. | $22,982 |
| Dealer Financial Services, LLC | $22,500 |
| Kennelina, LLC | $22,207 |
| April Bianucci, Inc. | $22,177 |
| Matthew Hanks Consulting, LLC | $22,005 |
| Petrotech, LLC | $21,885 |
| Gilfeather Consulting, Inc. | $21,313 |
| Tails R Waggin' Day Spa and Resort, LLC | $21,150 |
| Hong Xuan, LLC | $21,000 |
| Carolinas Anesthesia for Women, PLLC | $20,844 |
| Nancys Happy Nails & Spa, LLC | $20,834 |
| Roy Johnson | $20,833 |
| Olivia Wright | $20,833 |
| Mia Taylor | $20,833 |
| Nia Sudler | $20,833 |
| Jeremy B. Bradshaw | $20,833 |
| Joshua Wilson | $20,833 |
| Elaine McCray | $20,833 |
| Latrina Watts | $20,833 |
| Emmaus Vanderbilt | $20,833 |
| Justdoit Trucking, LLC | $20,833 |
| Erin Hayes | $20,833 |
| Rashad Dixon | $20,833 |
| Sharena Dunn Kinsey | $20,833 |
| Marian Schrader | $20,833 |
| Khaliah Pettiford | $20,833 |
| Adrian Reid | $20,833 |
| Antwon Moore | $20,833 |
| Beverly Davis | $20,833 |
| Jeremy Barker | $20,833 |
| Timothy Hinson | $20,833 |
| Monica Jackson-Buxton | $20,833 |
| Jim Jacobs Contracting, Inc. | $20,833 |
| Marian Schrader | $20,833 |
| Samiyah Mason | $20,833 |
| Khaliah Pettiford | $20,833 |
| Ousama Gumbs | $20,833 |
| Olivia Wright | $20,833 |
| Stephon Tynes | $20,833 |
| Bronwyn Orr | $20,832 |
| Razia Sattar | $20,832 |
| Aacjs, LLC | $20,832 |
| Dennie Reagan II | $20,832 |
| David Clark | $20,832 |
| Maurissa Adams | $20,832 |
| Standula Davis | $20,832 |
| Jemetha Wilson | $20,832 |
| Tomara Mason | $20,832 |
| Justin Coleman | $20,832 |
| Anthony L. Odom | $20,832 |
| Charles Clark | $20,830 |
| Eunice Ntukogu | $20,825 |
| Eunice Ntukogu | $20,825 |
| Billie Jamison | $20,800 |
| Tanyelle Rollinson | $20,800 |
| Detta Connelly | $20,800 |
| Tanyelle Rollinson | $20,800 |
| Billie Jamison | $20,800 |
| Kenny S Auto Sales, Inc. | $20,800 |
| Antonio Rhodes | $20,787 |
| Floyd's Banking Equipment Services | $20,780 |
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