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.
Top 100 largest PPP loans in 2020 in ZIP Code 46229
| Name of Borrower | Current Approved Amount |
|---|---|
| Jane Pauley Community Health Center | $2,966,000 |
| Indy Tire Centers, Inc. | $1,700,700 |
| Estes Design and Manufacturing, Inc. | $1,466,957 |
| Quinton Residential Living, Inc. | $1,393,200 |
| James Babcock, Inc. | $936,300 |
| M & C Concrete Company, Inc. | $826,737 |
| Superior Metal Technologies, LLC | $723,305 |
| P-M & Associates, Inc. | $364,375 |
| Best-One Retreading of Indianapolis, Inc. | $334,233 |
| Pritchett Orthodontics, P.C. | $238,230 |
| Shirley Brothers Company, Inc. | $226,762 |
| Schreiber Lumber, Inc. | $209,854 |
| El Jaripeo Mexican Restaurant, Inc. | $175,300 |
| Gary L Bacon, PC, D.D.S. | $172,700 |
| Urgent Dental Center, LLC | $169,700 |
| Cool Planet, LLC | $162,500 |
| AGS Capital, LLC | $159,345 |
| My-Te Products, Inc. | $156,912 |
| Concrete Contractors, Inc. | $155,000 |
| Indiana Association of Schools Principals | $154,908 |
| Fiscal Tax Company, Inc. | $151,925 |
| Mitthoeffer Family Dental, LLC | $143,500 |
| New Beginnings Fellowship Church | $141,151 |
| Guadalajara Grill Mexican Restaurant, Inc. | $128,425 |
| D K Concrete, LLC | $126,975 |
| Washington Street Dentistry, Inc. | $123,500 |
| Land Electric, Inc. | $121,000 |
| Brickyard Towing, LLC | $111,000 |
| Manley Finish Grading, Inc. | $110,840 |
| Multiguard Corporation | $110,635 |
| Pulos Family Dentistry, LLC | $108,710 |
| Werner Orthodonics, Inc. | $108,700 |
| The Carpenter's Son, LLC | $107,000 |
| Gymnastics Unlimited Incorporated | $105,833 |
| Michael N. Harris, P. C., D.D.S. | $105,447 |
| Emerten Auto Service, LLC | $105,400 |
| Four J's, Inc. | $103,914 |
| James J. Schaefer, D.D.S. | $98,432 |
| Alabaster Solutions, LLC | $92,155 |
| Kingdom Kids Daycare, Inc. | $90,630 |
| Nick's Concrete Pumping Service, LLC | $87,337 |
| Steele Pediatric Dentistry, LLC | $85,200 |
| Bright Beginnings Early Learning Center, Inc. | $84,406 |
| Legacy Logistics, LLC | $82,800 |
| Jay E Cowan Inc., D.D.S. | $82,800 |
| East Washington Chiropractic., P.C. | $79,500 |
| Classic Designs Unlimited, LLC | $79,000 |
| Indy Freight Brokerage, an Indiana Corporation, Inc. | $77,500 |
| James F Ludlow Atty at Law, PC | $74,957 |
| Schreiber Lumber at Greensburg, Inc. | $73,020 |
| Ronald Allen | $72,400 |
| GCR Family Dentistry, LLC | $72,000 |
| Seros Incorporated | $70,000 |
| Hutchison Signs & Electrical Company, Inc. | $67,260 |
| Da Lewis Jewerly Company | $66,370 |
| Daily Buffet & Grill, Inc. | $65,507 |
| Joedave, LLC | $64,815 |
| S and H Management, Inc. | $63,125 |
| Grace Community Church, Incorporated | $62,750 |
| Juan J. Pagan, P. C., D.V.M. | $62,500 |
| Amtraco Investment Corporation | $61,500 |
| SMT Transportation, LLC | $61,453 |
| Chiro 1st of Indiana, PC | $60,700 |
| Communityworks, Inc. | $59,500 |
| 9 Dragons Distributing, Inc. | $56,625 |
| Miller Dental, PC | $55,900 |
| The Law Office of Jessica S. Lacy | $55,010 |
| Amazing Breakfast, LLC | $53,300 |
| ATW Express Service, Inc. | $52,000 |
| Hughes Heating and Cooling, Inc. | $50,820 |
| Affordable Dentures & Implants East Indianapolis, P.C. | $48,777 |
| Anthony M Cope, PC, D.D.S. | $48,300 |
| Foster Contracting, Inc. | $48,100 |
| Blackley Insurance, Inc. | $47,100 |
| The Silver Centre, Inc. | $46,250 |
| O. R. R. Organize Real Results | $41,667 |
| The Sports Corporation, Inc. | $41,665 |
| Charles Isaac Security Services, LLC | $39,928 |
| Homeplex Design, LLC | $38,682 |
| Baker & Deberry, LLC | $37,500 |
| Cas, Inc. | $35,800 |
| Lentz Eye Care, Inc. | $35,300 |
| The Carpet Manager Indy, LLC | $34,900 |
| The Shambles Furniture Restoration, Inc. | $33,750 |
| Indy's Eastside Entertainment, Inc. | $33,325 |
| Go Green Lawn & Pest Solutions, Inc. | $33,300 |
| Education Depot of Washington Pointe, Inc. | $33,230 |
| Jae Transportation, LLP | $32,300 |
| Corman Security & Electronics, Inc. | $32,300 |
| Louly Dentistry., Inc. | $32,200 |
| Shyta Echols | $31,967 |
| Blanketfactoryoutlet, LLC | $29,900 |
| Jett Electrical & Mechanical, LLC | $28,500 |
| Impact Property Management Solutions, LLC | $28,000 |
| Baes, Inc. | $27,537 |
| Stacey a Pruitt, Inc., OD | $27,200 |
| Fido Pet Products | $25,383 |
| Shift Development Group, LLC | $25,007 |
| Aldersgate Free Methodist Church, Inc. | $24,900 |
| B7 Grub and Suds, LLC | $24,000 |
Alerts Sign-up