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 |
|---|---|
| Richardson Enterprises of Northwest Florida, Inc. | $1,060,278 |
| Paradise Pizza, Inc. | $632,800 |
| Dillard Gulf Coast, LLC | $230,400 |
| Sok, Inc. | $198,600 |
| Valparaiso First Assembly of God, Inc. | $121,982 |
| Valparaiso Realty Company | $120,565 |
| Tom Hammonds Enterprises, LLC | $105,506 |
| Jeffrey Dental Clinic, PLLC | $99,344 |
| Kodiak Tree Service, Inc. | $80,000 |
| Lois J Lunderman PA, D.D.S. | $67,800 |
| BRXC Company | $61,900 |
| Sun Lighting Electric Service, LLC | $60,923 |
| Todd Pumphrey | $57,918 |
| Emerald Coast Family Medicine | $55,500 |
| Gammalon, LLC | $55,000 |
| Custom Fabrications of Freeport, Inc. | $54,900 |
| Willingham Plumbing, LLC | $52,500 |
| Bradley Industrial Textiles, Inc. | $52,122 |
| Experience It Tours, LLC | $50,538 |
| Coastal Brick & Stone, LLC | $42,042 |
| Rossi & Freimuth Enterprises, Inc. | $41,657 |
| Your Grateful Nation | $39,296 |
| Robert E Dubois, LLC | $38,895 |
| American Athletic Uniforms, Inc. | $33,885 |
| Totten & Totten, Inc. | $28,865 |
| Artisanbilt Construction, Inc. | $27,742 |
| Wyndal K Blankenship PA, M.D. | $26,678 |
| Blueprints Now! | $25,815 |
| Annette Brabham, PA, OD | $25,312 |
| RV Solutions of Destin, Inc. | $23,826 |
| Hall Dental Lab | $21,600 |
| Growing Green Families, PLLC | $21,125 |
| Anesthetic Specialists, LLC | $20,833 |
| Joseph Howell | $20,833 |
| Bayou Breeze, LLC | $20,600 |
| Adam Machalk | $20,430 |
| A&W Firestone | $19,583 |
| Philippine Market & Cafe | $19,459 |
| Mason Marine Products, Inc. | $18,853 |
| Sunsation Yacht Management & Detailing, LLC | $17,118 |
| DMV Tree Service, Inc. | $15,500 |
| Bonnie & Bob's Men's Cuts, Inc. | $15,029 |
| John Phillip Payne Jr. | $14,500 |
| The Unitarian Universalist Fellowship of the Emerald Coast I | $13,268 |
| Amvets Post 78 | $13,000 |
| Eaglepro Enterprises, Inc. | $11,502 |
| Allskill Renovations, LLC | $11,487 |
| Bombs Away, Inc. | $11,368 |
| Mary Elizabeth Cobb | $10,900 |
| Craig Hamilton, LLC | $9,589 |
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