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 26764
| Name of Borrower | Current Approved Amount |
|---|---|
| GL Services, LLC | $506,862 |
| Alpine Lake Property Owners Association, Inc. | $216,000 |
| HG Carte Electric, Inc. | $128,153 |
| Gregg's Pharmacy WV, Inc. | $89,600 |
| Ball Auction, Inc. | $82,047 |
| Fortitude Physical Therap & Rehabilitation, LLC | $80,100 |
| Chase Trucking, LLC | $79,216 |
| Ball Pre-Owned, LLC | $62,284 |
| Cranberry Medical Clinic | $58,400 |
| Grimm Milling and Building Materials, Inc. | $44,549 |
| C & P Enterprises, Inc. | $44,500 |
| Dusk to Dawn Painting & Pressure Washing, LLC | $44,300 |
| BCP Maintenance, LLC | $37,622 |
| Dorinda Kisner CPA, PLLC | $35,700 |
| Kdbe, LLC | $32,000 |
| Snowy Creek Builders, Inc. | $30,203 |
| Terra Alta Community Ambulance Squad | $29,100 |
| Mountain State Insurance Center, Inc. | $26,700 |
| CRB Timber, LLC | $25,317 |
| Premium Collision Center, LLC | $22,500 |
| Mill Bound Trucking, LLC | $21,892 |
| Cranesville Construction, LLC | $20,551 |
| Clear Water Services, LLC | $18,990 |
| Alexander Masonry | $17,500 |
| Triple J Farms | $17,309 |
| Triple J. Farms | $17,309 |
| High Ground Brewing, LLC | $16,700 |
| Grimm Lumber, Inc. | $16,280 |
| Round Right Farm | $16,100 |
| Montcroft Farms, LLC | $13,700 |
| Grove Construction | $12,600 |
| Devin Hauser | $10,506 |
| Chcoca, LLC | $9,800 |
| Arrowhead Machine Works, LLC | $6,200 |
| S and T Appraisal, LLC | $5,500 |
| Mcfarland Repair & Welding, LLC | $5,225 |
| Annette Parker | $4,090 |
| R D Logging | $3,746 |
| Jaime M. Knotts | $3,182 |
| Headline Books, Inc. | $2,235 |
| Janet Lantz | $1,833 |
| Sarah Stone | $1,630 |
| Dana A. Groves | $1,600 |
| Kammie Lantz | $1,355 |
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