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 |
|---|---|
| A. C. M., Inc. | $1,935,913 |
| Performance Industries, Inc. | $652,900 |
| Gob Services, LLC | $413,700 |
| L. J. Hughes & Sons, Inc. | $379,000 |
| Bundy Auger Mining, Inc. | $331,200 |
| Huffman Trucking Company | $190,985 |
| James Bell | $147,700 |
| Contour Highwall Holdings, LLC | $146,500 |
| Robert Fletcher Inc., D.D.S. | $142,127 |
| Stephenson Trucking, LLC | $128,655 |
| West Virginia Tire Disposal, Inc. | $121,517 |
| Key Asset Solutions, Inc. | $96,600 |
| Mountaineer Testing Services, Inc. | $84,000 |
| Blue Chip Management Company, LLC | $82,203 |
| H&H Welding Company | $75,655 |
| Ferco, LLC | $71,316 |
| Lewis D. Gilbert Ltd., D.D.S. | $70,748 |
| Subway of Summersville, Inc. | $64,600 |
| Buffalo Transport, Inc. | $64,564 |
| Appalachian Hydro Testing, LLC | $54,400 |
| Crest Supply Company, Inc. | $51,335 |
| Blankenship Consulting, LLC | $49,300 |
| Ganesh, LLC | $44,137 |
| Katherine Wooton Inc., D.D.S. | $40,700 |
| High Country Services, Inc. | $36,700 |
| Carlotta Evans | $35,900 |
| Jakelin Construction, Inc. | $34,900 |
| Summersville Skin Care Center, Inc. | $31,840 |
| Yogi, Inc. | $31,301 |
| Thermdex Engineering, Inc. | $30,100 |
| Timber & Land Resources, Inc. | $29,580 |
| Spider Repair Technologies, LLC | $28,736 |
| Simpkin Electric, LLC | $24,550 |
| John M. Cline Inc., OD | $24,200 |
| Jeremy Christensen | $23,120 |
| Color Wheel Graphics, LLC | $22,154 |
| Vintec Manufacturing, LLC | $21,229 |
| Eric Hinkle | $20,833 |
| Brian Sparks | $20,800 |
| Mary Christine Board | $19,940 |
| F & G Enterprises, Inc. | $19,000 |
| BJ Logging, Inc. | $18,938 |
| Sparks Equine Veterinary Services, PLLC | $18,000 |
| Brogans Heating & Air Conditioning | $17,500 |
| Cutting Edge Landscaping, LLC | $14,900 |
| Julie Postalwait | $14,373 |
| Spencer Christiensen | $14,200 |
| Goodwin Chiropractic Center, PLLC | $12,400 |
| Edmund Prendgast | $12,300 |
| Cody Trucking, Inc. | $10,700 |
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