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 45786
| Name of Borrower | Current Approved Amount |
|---|---|
| Wolf Creek Contracting Company, LLC | $1,091,583 |
| Lang Masonry Contractors, Inc. | $1,011,910 |
| Buckeye Construction & Restoration, Ltd. | $317,396 |
| Air Heater Seal Company, Inc. | $288,500 |
| Malta Dynamics, LLC | $224,484 |
| Watertown Enterprises Limited | $208,990 |
| Genesis Contracting, Inc. | $175,700 |
| Force Electric, Inc. | $135,530 |
| LWR Enterprises, Inc. | $90,300 |
| Morgan Mechanical, Inc. | $63,400 |
| Kelly Lang Contractors, Inc. | $61,700 |
| D & R Automotive & Truck Repair, LLC | $45,300 |
| Turner's 1 Stop Shop, LLC | $41,297 |
| Mark Lang Construction | $40,400 |
| Darla Wilson, Inc. | $39,900 |
| J&J Commercial Contracting | $39,100 |
| Steve Heiss Services Unlimited, Inc. | $37,800 |
| Dana Wilson Contractors, Inc. | $36,600 |
| Salem Ridge Contractors, LLC | $34,412 |
| Bosner Plumbing Electric Refrigeration, LLC | $29,567 |
| Mccutcheon Brothers Construction, LLC | $26,879 |
| Precision Automotive, LLC | $22,235 |
| Southeastern Electronic Security Alarm Systems, LLC | $15,500 |
| Triple N Trucking, LLC | $15,178 |
| Performance Auto Repair and Machine Shop | $14,973 |
| T & E Building Care, LLC | $13,900 |
| Close Construction, LLC | $13,600 |
| C. W. Thompson, LLC | $12,772 |
| Matthew P. Schaad | $11,935 |
| Travis Harmon Construction, LLC | $9,910 |
| Waterford Church of the Nazarene | $9,890 |
| Double H Transport, LLC | $7,483 |
| Walters Flooring Solutions | $6,725 |
| Ken's Car Care & Truck Repair | $6,068 |
| Waterford Water & Sewer | $5,866 |
| B. H. Jones Trucking | $5,520 |
| ML Contractiong | $5,437 |
| Sandy's Bargain Barn | $5,123 |
| Sarrah | $3,900 |
| H & L Trucking, Ltd. | $3,473 |
| Gregory S. Branham | $1,796 |
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