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 |
|---|---|
| Plumb Technician Mechanical, Inc. | $455,045 |
| Soap Creek Resources, Inc. | $348,140 |
| Peace Tree Brewing Company | $221,833 |
| L. L. Franck & Company | $200,095 |
| Freedom Flatwork, LLC | $149,161 |
| Quality Home Care Professionals, Inc. | $125,095 |
| National Sprint Car Hall of Fame & Museum Foundation, Inc. | $110,560 |
| Marion County Fair Association | $91,863 |
| Knoxville Dental Center, P.C. | $91,195 |
| Ardent Lighting, LLC | $88,302 |
| MI Casa Grande, Inc. | $82,544 |
| Black Trucking, Inc. | $44,701 |
| Ramaeker Enterprises, Inc. | $44,310 |
| Kevin J Wadle CPA, PC | $34,437 |
| Hopf & Associates, Inc. | $30,260 |
| Xin Chun Jiang | $30,115 |
| B&K Ventures, Inc. | $30,000 |
| Knoxville Chiropractic Clinic, P.C. | $29,251 |
| Logan Van Zante | $28,833 |
| Dingeman Concrete Construction, Inc. | $27,410 |
| SCC Farms, LLC | $26,457 |
| Atlantic & Pacific Pub | $26,411 |
| Hiemstra Trucking, LLC | $23,257 |
| Candi's Flowers | $22,862 |
| Chrisman Family Farms | $22,442 |
| Chaos & E, LLC | $22,340 |
| Deng's Garden, Inc. | $22,204 |
| Highpoint Construction, LLC | $22,155 |
| Bybee & Davis Funeral Home, Inc. | $21,946 |
| Knoxville Nuclear Medicine, Inc. | $21,602 |
| Manny's Diner | $21,140 |
| Dennis Kaestner | $20,833 |
| Todd Richards | $20,833 |
| James Devin | $20,833 |
| John Schmaltz | $20,833 |
| Ryan Lundy | $20,833 |
| Paul Sherwood | $20,833 |
| Steve Hoehns | $20,833 |
| Michael Dutton | $20,833 |
| Tiva Sharks | $20,833 |
| Steve Kuiper | $20,833 |
| Michael Finarty | $20,833 |
| Leonard Sawyer Phillips | $20,833 |
| John Schmatlz | $20,833 |
| Richard Goff | $20,833 |
| Viacheslav Strukov | $20,833 |
| David Shawver | $20,833 |
| Jason Beyer | $20,833 |
| Tiva Sharks | $20,833 |
| Ross Williams | $20,833 |
| Jaden Hamilton | $20,833 |
| Tim Galeazzi | $20,833 |
| James Holmes | $20,833 |
| Cory Moore | $20,833 |
| Duane Schmaltz | $20,833 |
| Larry Sytsma | $20,833 |
| Daniel Wallace | $20,833 |
| Richard Goff | $20,833 |
| Toby J. Richards | $20,833 |
| Jeffrey Frank Jenkins | $20,833 |
| Nicole Vander Linden | $20,833 |
| Joel Spring | $20,833 |
| Duane Schmaltz | $20,833 |
| Aaron Reutzel Racing, LLC | $20,833 |
| Danny Pearson | $20,833 |
| Steve Kuiper | $20,833 |
| Kevin Van Steenwyk | $20,833 |
| Laura Galvan | $20,833 |
| Larry Dezwarte | $20,833 |
| Timothy Wahl | $20,832 |
| Steven Van Steenwyk | $20,832 |
| Steven Van Steenwyk | $20,832 |
| Larry Cummings | $20,830 |
| Lane Williams | $20,830 |
| Larry Cummings | $20,830 |
| Timothy Johnson | $20,830 |
| Michael Damon | $20,830 |
| Alvin Olivier | $20,830 |
| Stevenson Trucking, LLC | $20,830 |
| Steven Watson | $20,830 |
| Casey Crozier | $20,830 |
| Justin Pierce | $20,830 |
| Moats Farm, LLC | $20,830 |
| Bob and Tom Smith Farms | $20,830 |
| English Creek Farms, LLC | $20,830 |
| Connor Cummings | $20,830 |
| Daniel Dennison | $20,830 |
| Danny Zickel | $20,830 |
| James Colwell | $20,830 |
| Bob and Tom Smith Farms | $20,830 |
| Ray Phillips | $20,830 |
| Timothy Johnson | $20,830 |
| Donald Goemaat | $20,830 |
| Kirn Stevenson | $20,830 |
| James Colwell | $20,830 |
| DRF Custom, LLC | $20,830 |
| Justin Petersen | $20,830 |
| English Creek Farms, LLC | $20,830 |
| James Petersen | $20,800 |
| Grand Theater Foundation, Inc. | $20,711 |
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