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 |
---|---|
Oriana House, Inc. | $3,000,000 |
OGS Holdings, LLC | $1,380,774 |
Community Drug Board | $1,233,350 |
Liberta Construction Company | $1,159,780 |
Harwick Standard Distribution Corporation | $994,575 |
Barbicas Construction Company | $711,684 |
Falls Metal Fabricators & Industrial Services, LLC | $412,018 |
SRP Industries, LLC | $406,758 |
Bell & Blaire, LLC | $401,843 |
Chute Source, LLC | $329,392 |
E & V Ventures, Inc. | $325,467 |
Hunter Allan Construction | $275,378 |
Aster Industries, Inc. | $258,963 |
J & B Sprafka Enterprises, Inc. | $246,267 |
Bechter Plumbing, Inc. | $189,615 |
Hamad Tire, Inc. | $175,407 |
Tallmadge Spinning & Metal Company | $166,255 |
AA Blueprint Company, Inc. | $152,500 |
Kallas Enterprises, Inc. | $149,000 |
Beckwith Heating & Cooling, Inc. | $134,100 |
Armdan Enterprises, Inc. | $132,500 |
Mak Associates of Ohio, Inc. | $120,655 |
Small Hands Big Dreams Learning Centers | $118,087 |
Additive Engineering Solutions, LLC | $109,632 |
United Feed Screws Limited | $109,500 |
Artemis Polymer Processing, Inc. | $102,500 |
Haller Enterprises, Inc. | $100,000 |
Small Hands Big Dreams Kirtland, Inc. | $95,180 |
Small Hands Big Dreams Management Corporation | $90,330 |
Schott Performance Fabrics, Inc. | $88,710 |
Custom Apparel ETC., LLC | $86,000 |
Terracor Engineering, LLC | $81,075 |
S & S Machine and Construction, Inc. | $80,000 |
Massoli's Bakery, Inc. | $75,675 |
Maaco Collision Center | $75,270 |
Keep Akron Beautiful | $72,500 |
Vulcan Machinery Corporation | $71,500 |
Invisible Repair Products, Inc. | $70,500 |
Contemporary Culinary, LLC | $65,571 |
DR Andrew M Dodd, LLC | $59,027 |
Sparks, Inc. | $59,000 |
Barbicas Paving, LLC | $55,235 |
Adams Funeral Home, Inc. | $53,532 |
OGS Procurement, Inc. | $52,925 |
The Genesis Program, Inc. | $51,025 |
Little Leaders Child Enrichment Center, LLC | $49,892 |
DC Heating & Cooling | $49,300 |
Advanced Office Copiers | $42,300 |
Elysium Therapeutics, Inc. | $41,666 |
Akron Industrial Training Center | $41,000 |
Lois Lester's Learning Center, LLC | $40,000 |
Geno Corporation | $39,861 |
Sharon Jones | $37,317 |
RLD Relocation and Logistics, LLC | $36,445 |
Dana Merrill | $36,100 |
Moore Lighting, LLC | $35,500 |
Links Community & Family Services | $34,387 |
Sheltered Goods, Inc. | $33,385 |
A. G. Inc., P. C. | $33,013 |
Latia Williams | $32,500 |
Fry's Home Improvement & Construction, LLC | $29,587 |
Kaitlin Harris | $29,166 |
Brandon Chatmon | $29,166 |
Marc Talley | $29,166 |
Deals R US, LLC | $28,110 |
Around the Corner Barber Shop, LLC | $27,900 |
Christopher Trammell | $27,500 |
Suraks Craft Beer Company | $27,356 |
Four Seasons Health Services, LLC | $27,277 |
Sharon Jones | $26,655 |
Family of Faith United Methodist Church of Akron | $26,602 |
Jacquelines Care, LLC | $25,220 |
Atlas Body & Glass Shop, Inc. | $25,000 |
Eric Garrett Construction | $25,000 |
Johnathon Quarles | $22,500 |
Northeast Pattern Works | $22,100 |
Robins Playhouse, LLC | $21,689 |
Capree Robinson | $20,963 |
Marie Paul | $20,958 |
Lisa Bryant | $20,941 |
Laurelin Flanagan | $20,833 |
Ashlei Munford | $20,833 |
Desmound Riley | $20,833 |
James Cuckler | $20,833 |
Vita Ameyaw | $20,833 |
Latika Isom | $20,833 |
Marc Talley | $20,833 |
Donald Garth | $20,833 |
Kayola Simmons | $20,833 |
Adam Young | $20,833 |
Deandre Brimage | $20,833 |
James Palmer | $20,833 |
Marissa Coston | $20,833 |
Mickey Fry | $20,833 |
Alex Dowdell | $20,833 |
Justice Anderson | $20,833 |
Domonique Matthews | $20,833 |
Decarlo Massengale | $20,833 |
Charles Sherman | $20,833 |
Toy Welch | $20,833 |