The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 26547
| Name of Borrower | Current Approved Amount |
|---|---|
| Superior Fibers, LLC | $2,376,644 |
| Ati Industries, LLC | $615,700 |
| Stone Paving, Inc. | $382,500 |
| Preston County Sheltered Works | $155,782 |
| Three-D Drilling, Inc. | $144,625 |
| S & K Sanitation, Inc. | $124,700 |
| Fraley Publishing Company, Inc. | $71,500 |
| Nicholas Enterprises, LLC | $57,000 |
| Stone Holdings, LLC | $54,700 |
| Joseph G Wrobleski PLLC D.D.S. | $54,300 |
| Spike's Chimney Sweep | $50,627 |
| Murray Trucking, Inc. | $47,000 |
| Brown's Mill LP Service, Inc. | $41,950 |
| Spike's Snow Removal | $40,745 |
| Valley Pharmacy | $38,600 |
| Brown's Mill, LLC | $37,700 |
| Delano's Country Store, LLC | $35,400 |
| Versatile on-Site Laboratory Testing Services, LLC | $32,260 |
| Ronald Slemboski Jr. | $30,741 |
| Gas N. More | $25,400 |
| GDB Enterprises, LLC | $25,000 |
| Sunset INN Restaurant, Inc. | $13,700 |
| David B Mcneill, D.D.S. | $10,451 |
| Tathams, LLC | $10,400 |
| Tina Roscoe | $8,530 |
| Roman Speech Therapy Services, LLC | $8,005 |
| Custom Inflatables, Inc. | $7,532 |
| Woodheads Truck Repair Service, LLC | $7,525 |
| Goldstrom Contracting | $7,400 |
| Mann Preowned Motors | $7,200 |
| Goldstrom Fencing | $6,500 |
| Hilary Cartwright, LLC | $5,913 |
| Double Image Salon | $4,000 |
| Ken Snider Trucking, LLC | $3,310 |
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