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 |
---|---|
Midwest Veterans' Research Foundation | $366,457 |
Aj Goss Distributors, Inc. | $315,200 |
Lipari Brothers, Inc. | $300,967 |
Hope Leadership Academy | $173,300 |
Avenue of Life, Inc. | $132,100 |
Hope Family Care Center, LLC | $94,900 |
I-70 Auto Service & Repair, Inc. | $94,417 |
The Hope Center, Inc. | $79,500 |
Adhoc Group Against Crime | $77,035 |
Friendship Baptist Church | $76,600 |
Pleetoox, LLC | $63,500 |
Palestine Missionary Baptist Church | $58,712 |
The Carousel Adult Day Care, LLC | $48,105 |
Thomas Horne | $43,945 |
Y. M. K Enterprises, Inc. | $43,700 |
King Long Term Care Facility, Inc. | $43,372 |
Economy Auto Salvage, Inc. | $41,000 |
Ktii, LLC | $37,797 |
Tony's Liquor, Inc. | $35,000 |
Second Baptist Church of Kansas City | $32,300 |
White House Investments, LLC | $32,000 |
St. Michael's Veterans Center, Inc. | $30,100 |
Hollywood Beauty Supply 8, LLC | $22,066 |
To the Right, LLC | $21,250 |
Derrika Young | $20,833 |
Rhenate Hodges | $20,832 |
Green Petroleum, LLC | $20,782 |
Preschool of the ARTS Learning Center, LLC | $19,460 |
Meadows Enterprise, LLC | $16,519 |
Midwest Petro, LLC | $16,232 |
Mid KC Petroleum, Inc. | $15,200 |
KC Fish and Chicken Market, LLC | $15,000 |
Jenna Squires | $14,140 |
Mid KC Petroleum 2, LLC | $13,900 |
Good Trip, LLC | $13,900 |
Adriana Quintana, LLC | $13,712 |
Kids in Christ Preschool, LLC | $13,000 |
St. Augustine's Episcopal Church | $11,320 |
Tony Thompson | $11,203 |
Dominga Shelton | $9,400 |
Air Group, LLC | $9,200 |
Sabbas, Inc. | $7,600 |
Park Avenue Baptist Church | $7,225 |
Melina Johnson | $5,614 |
Kevin Browne | $5,500 |
Deron Lloyd | $5,233 |
Mcallister Trucking, LLC | $4,732 |
Servant of Service | $4,200 |
Brothas C-Store | $4,143 |
Latonnya Qualls | $3,540 |