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 |
|---|---|
| DB North Carolina Holdings, Inc. | $1,227,500 |
| Parks Building Supply Company, Inc. | $674,000 |
| United Tool & Stamping Company of North Caroli | $510,662 |
| Cape Fear Center for Digestive Diseases P. A. | $475,700 |
| Therapy Playground, Inc. | $466,287 |
| Harrell's Automotive, Inc. | $408,066 |
| Parker House of Music, Inc. | $268,700 |
| Bill's Mobile Crane Service, Inc. | $254,000 |
| Industrial Power, Inc. | $246,280 |
| DR. Adamson Association Hope Mills P. A. | $241,750 |
| Parks Interiors, LLC | $231,100 |
| O'Hern's Welding, Inc. | $218,200 |
| Nathan's Heating & Air Conditioning, Inc. | $213,554 |
| M&M Management Services, Inc. | $168,815 |
| LA Cocina 10 | $160,468 |
| Premier Cardiovascular Center PA | $152,460 |
| Paris Associates, Inc. | $147,500 |
| The Mill at Puppy Creek, Inc. | $133,827 |
| All Seasons Air Conditioning & Heating, Inc. | $132,753 |
| Camp Dixie, Inc. | $131,300 |
| Pharaohs Legacy, LLC | $115,626 |
| Frederic Faizon | $110,000 |
| Blessed Oasis Pet Resort | $108,900 |
| El Cazador 301, Inc. | $104,723 |
| Sellers & Sons, Inc. | $92,015 |
| MLS Plumbing Company, Inc. | $85,000 |
| All American Aviation Services, Inc. | $83,100 |
| A & D Lawnmower Repair | $76,297 |
| Cooper Trucking, LLC | $73,055 |
| Majestic Mobility, LLC | $71,900 |
| D&S Logistics, Inc. | $68,610 |
| Air Cargo Delivery of Fayetteville, Inc. | $64,300 |
| Lastround Trucking, Inc. | $63,296 |
| Two Brothers Catering, LLC | $61,827 |
| Southeastern Directional Drilling | $60,000 |
| Fisher & Marx Enterprises, Inc. | $55,093 |
| Fun & Learning Activity Center, LLC | $54,580 |
| A Environmental Asbestos, LLC | $52,622 |
| Rapid Response Asset Management GRO | $50,879 |
| Savvy Cleaning Company | $50,070 |
| Tram Enterprise, LLC | $50,000 |
| American Rentals Maintenance, Inc. | $49,615 |
| U-Turn Foundations, Inc. | $49,500 |
| ELF Ventures, LLC | $49,400 |
| Moone Enterprise, Inc. | $47,000 |
| Mending Minds Behavioralhealth | $44,937 |
| Gedarin K. Robinson | $44,478 |
| Crossroads United Methodist Church of Fayetteville, Inc. | $41,065 |
| Joe Shepard | $40,850 |
| Sandy Ridge Child Care, Inc. | $40,162 |
| Waste Container Repair Services, Inc. | $38,666 |
| Urban Dog, Inc. | $36,621 |
| Jackson Automotive Incorporated | $35,425 |
| Waterdog, Inc. | $34,550 |
| Five Star Entertainment | $34,230 |
| Pine Valley Care, Inc. | $33,970 |
| Isaac Ikwu | $29,835 |
| Maxine Andrews | $29,166 |
| Metalworx, Inc. | $27,891 |
| Inman & Britt Lift Truck Service, Inc. | $26,306 |
| Hoohinc. | $25,807 |
| Michael's Amusements, Inc. | $24,196 |
| Airbourne Gymnastics Academy, LLC | $23,300 |
| Chermaleta Brown | $22,640 |
| Languagemasters Speech-Language Pathology Services, Inc. | $22,347 |
| Piner Oil Company, Inc. | $22,100 |
| Bragg Solutions, LLC | $21,180 |
| David Clendenin | $20,833 |
| Dontae Keys | $20,833 |
| Robert Bennett | $20,833 |
| Rondell Edwards | $20,833 |
| Desiree Hunt | $20,833 |
| Robert Martin | $20,833 |
| Vick Gibson | $20,833 |
| Kanon Cook | $20,833 |
| Stanley Emmanuel Saintil | $20,833 |
| Michelle Groves | $20,833 |
| Donald Caudle | $20,833 |
| Shawnta Graham | $20,833 |
| James McClain | $20,833 |
| Jeffery Brooks | $20,833 |
| Shandrea Farrior | $20,833 |
| Em Home Improvement, LLC | $20,833 |
| Latrice Stokes | $20,833 |
| Oliver Hales | $20,833 |
| Cierra Wiggins | $20,833 |
| Marilee Smith | $20,833 |
| Jennifer Plessinger | $20,833 |
| Travis Lawson | $20,833 |
| Plenty and Grace, LLC | $20,833 |
| Dontae Keys | $20,833 |
| Ramona Miller | $20,833 |
| Lamar Brown | $20,833 |
| Marvin Gregory | $20,833 |
| St Aubyn Smith | $20,833 |
| Michael Nibbs | $20,833 |
| Immanuel Bunch | $20,833 |
| William Morrozoff | $20,833 |
| Maxine Andrews | $20,833 |
| Davanna Bazemore | $20,833 |
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