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 |
|---|---|
| Sumco Group, LLC | $1,506,483 |
| A & C Trucking, Inc. | $553,000 |
| Cargo Services, Inc. | $416,700 |
| Poseidon Diversified, Inc. | $413,200 |
| Cep Concrete Construction Corporation | $292,900 |
| Indiana Testing, Inc. | $227,700 |
| Glasswater Creek Service Provider of | $182,700 |
| M E R Coproration | $172,200 |
| Royal Transportation, Inc. | $139,700 |
| Indiana Concrete Cutting, Inc. | $138,400 |
| Flora Brothers, LLC | $128,600 |
| Benchmark Property Services, Inc. | $95,000 |
| Jameson Camp | $94,945 |
| Flow Pro Plumbing and Drain Service, LLC | $79,000 |
| Sitaram Investments, LLC | $77,400 |
| James Hawkings Ministries, Inc. | $75,395 |
| Transport, Inc. | $71,600 |
| Avon Central Tire & Service, Inc. | $67,300 |
| NPPS, Inc. | $66,877 |
| Belem Logistics, LLC | $61,976 |
| Truetech Services, LLC | $55,700 |
| Joe's Garage & Whitlow's Towing, LLC | $53,300 |
| Furniture Fix, LLC | $46,000 |
| Century Oil Company, Inc. | $45,964 |
| Anointedsaints Home Care, LLC | $45,000 |
| Sahildeep Corporation | $44,600 |
| Verus Engineering, LLC | $39,437 |
| Salsa Verde Indy, LLC | $38,500 |
| Avon Trust Care, Inc. | $37,952 |
| Henry's, Inc. | $37,500 |
| State Farm | $34,956 |
| Indy Cleaning Solutions, LLC | $30,000 |
| K & C Collision Center, Inc. | $25,947 |
| Killa Dent Removal | $23,544 |
| Real Green Cleaning | $21,685 |
| Beegwhale | $20,833 |
| Deasia Lewis | $20,833 |
| Ez Property Maintenance, LLC | $20,832 |
| Dabwan, LLC | $20,832 |
| Indianapolis Martial ARTS Club, LLC | $20,395 |
| Sidiki Diallo | $20,250 |
| Malik Harris | $20,000 |
| Adonis Gillespy | $20,000 |
| Kineisha Bradley | $20,000 |
| Kiyanna Wright | $20,000 |
| Raphael Richardson | $19,531 |
| Shidler's Auto Repair Custom Exhaust, Inc. | $18,950 |
| Jay Maharaj Company | $18,582 |
| SKI Petro, Inc. | $18,400 |
| Traderbaker Mall #18, Inc. | $17,600 |
| Stone Dispatching Services | $17,486 |
| Golf Simulator Guys, Inc. | $16,250 |
| David Wright Choreography | $16,206 |
| Anil Samuel | $15,900 |
| Indy Mart Gas, Inc. | $15,700 |
| Rehan Mall | $15,400 |
| Fuel Zone, Inc. | $15,100 |
| Caroline Ebea | $15,000 |
| Yetunde Ebea | $15,000 |
| Dani Mari Skin & Makeup, LLC | $14,772 |
| JP Express, Inc. | $14,673 |
| SDS Oil, Inc. | $14,300 |
| BC Trucking, LLC | $13,832 |
| Deji Kayode Nunayon | $13,600 |
| U & I Liqours | $13,400 |
| Lusk Entertainment Group, Inc. | $12,750 |
| J Corporation, Inc. | $12,200 |
| KTS Hydraulic & Tool Repair, LLC | $11,937 |
| RC Cars, Inc. | $11,624 |
| Lasherry Hall | $10,800 |
| Mcvea Home Services | $10,000 |
| Affects Limousine, LLC | $10,000 |
| Treasure Point Realty, LLC | $10,000 |
| Strong Enterprise, Inc. | $9,025 |
| Rehbro Trans, Inc. | $7,500 |
| Pardeep Singh | $7,350 |
| Heri Eleven, Inc. | $7,200 |
| Dash Logistics Solutions | $6,634 |
| A&H Trans, Inc. | $6,600 |
| Xiong Shi | $6,151 |
| SSK Petroleum, Inc. | $6,000 |
| Melaku Yirga Nigusie | $5,760 |
| Jagroop Singh | $5,388 |
| Capri Motel | $5,257 |
| Cargo Lines, LLC | $5,243 |
| Shaan Trucking, LLC | $5,000 |
| Spobric, LLC | $4,800 |
| Done Right Cleaning Services, LLC | $4,506 |
| Kyle Benge | $4,400 |
| Angela M. Woods | $4,378 |
| Concetta Thomas | $4,335 |
| Design Plus, LLC | $4,007 |
| Jbservices, LLC | $3,750 |
| Miles of Smiles Childcare and Preschool, Inc. | $3,570 |
| Seretmeasho, LLC | $3,486 |
| Mr Janitorial Services, LLC | $3,262 |
| Brenda Outcalt | $2,986 |
| Danny Soots | $2,580 |
| Sammys Beauty Salon & Nail, LLC | $2,320 |
| Nwamaka T. Onochie | $1,959 |
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