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Sunday, November 24, 2024

These are the top 50 largest PPP loans in 2021 in ZIP Code 25405

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Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 25405, according to the US Small Business Administration.

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 50 largest PPP loans in 2021 in ZIP Code 25405
Name of BorrowerCurrent Approved Amount
Daily Companions, Inc.$233,100
Quinn Transportation, LLC$148,313
Eastern Panhandle Retailers, LLC$146,438
US Auto Sales and Transportations, LLC$104,166
Rodka Ventures, LLC$76,237
Bret a. Smith$74,190
Express Homes, Inc.$67,145
Heiston Supply, Inc.$62,324
Courageous Journey, PLLC$59,906
Purple Iris Events at Hartwood, Ltd.$58,291
Blue Diamond, LLC$52,255
Millers Residential Creations, LLC$51,588
Appalachian Heating & Air Cond, Inc.$48,542
American Professional Plumbing, LLC$47,070
Epic, LLC$35,747
J. C. Kunkle & Associates a. C.$30,892
Rogers Tire & Auto Service, Inc.$30,224
Upholstery Excellence, LLC$28,480
Nail Famous, Inc.$25,832
Danny P. Dulyea Sr.$20,900
Margaret Barthlow$20,833
Kara Burnett$20,833
Tommy Shelton$20,833
Valerie O'Roke$20,833
Eric Rodia$20,833
Carolyn Grooms$20,833
Tommy Shelton$20,833
Samuel Woullard$20,833
Top Tier Tools, LLC$20,833
Patrick Durbin$20,833
Amaris Anderson$20,822
Jeremy Brown$20,810
Devin Carey$20,582
Mauricio Pena$20,500
Good's Electrical Service, LLC$20,444
Howard Sims$18,923
Loan Nguyen$17,415
Howard Aircraft, Inc.$16,672
Nancy Horton$16,665
Mountaineer Appliance Repair$15,124
Margaret Belanger$14,790
Sean Michael Enterprise, LLC$14,165
Cheryl D. Haley$13,347
Christian Rose Racing, LLC$12,809
Roderick Walker$12,655
Debbie Gooden$11,488
Christopher Smitherman$10,806
Melody Wolfe$10,080
P&R Investments, LLC$9,879
Jim's Auto and Tire Service, Inc.$9,660

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