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 |
---|---|
Premium Inspection & Testing, Inc. | $10,000,000 |
JM Test Systems, Inc. | $5,817,300 |
Savard Marine Services, Inc. | $3,750,000 |
The Baton Rouge Water Works Company | $3,190,932 |
Latter & Blum Property Management, Inc. | $2,807,200 |
Star Service of Baton Rouge, Inc. | $2,174,797 |
Westport Linen Services, LLC | $1,951,000 |
Catholic High School | $1,890,700 |
Volunteers of America Greater Baton Rouge, Inc. | $1,866,157 |
Plexos Group, LLC | $1,824,550 |
G. E. C., Inc. | $1,798,800 |
Hivaids Alliance for Region Two | $1,565,010 |
Gerry Lane Enterprises, Inc. | $1,407,500 |
Capitol City Family Health Center Incorporated | $1,370,030 |
JB James Construction, LLC | $1,360,814 |
Moran Printing, Inc. | $1,352,000 |
River City Ford, Inc. | $1,237,000 |
Williamson Management, LLC | $1,154,755 |
Gerry Lane Automotive, LLC | $1,060,300 |
Our Lady of Mercy Catholic School | $1,015,795 |
J W Richards, Inc. | $943,100 |
Ymca of the Capital Area | $914,000 |
Geo Prep Mid-City, Inc. | $900,000 |
Louisiana Water Company | $823,166 |
East Baton Rouge Council on the Aging, Inc. | $821,597 |
General Marine Services, LLC | $807,170 |
Delta College of ARTS & Technology, Inc. | $745,510 |
Faulk & Winkler, LLC | $742,248 |
Louisiana Health and Rehabilitation Option, Inc. | $727,100 |
Louisiana Key Academy | $711,708 |
Schneider Paper Products, Inc. | $700,177 |
Bootstate Financial Group | $675,272 |
PCP Urgent Care Holdings, LLC | $661,791 |
Ring Publications, LLC | $644,712 |
Block Builders, LLC | $604,400 |
Cplace University SNF, LLC | $599,000 |
Airtrol | $583,700 |
Louisiana Industries for the Disabled | $542,100 |
Regions Behavioral Hospital, LLC | $531,695 |
St. Luke's Episcopal Church of Baton Rouge | $525,900 |
Cajun Energy Services and Rentals, LLC | $523,894 |
Saia Electic, Inc. | $515,537 |
Tipton Associates | $513,200 |
Reliant on Call, LLC | $512,400 |
Global Industrial Contractors, LLC | $502,900 |
Hosanna First Assembly | $500,000 |
Calandros Supermarket, Inc. | $491,700 |
Lewco Specialty Products, Inc. | $475,837 |
Coleman Partners Architects, LLC | $459,243 |
Bascom Hunter Technologies, Inc. | $448,037 |
TL Hawk Industrial, LLC | $444,493 |
Losco, Inc. | $428,620 |
Delta College, Inc. | $421,670 |
Celestine's Gumbo Factory, LLC | $392,000 |
Long Law Firm, LLP | $391,780 |
Express OMV, LLC | $390,100 |
TL Hawk, LLC | $384,733 |
Blum Enterprises | $377,115 |
P & L Medical Services, Inc. | $364,100 |
Covalent Logic, LLC | $352,896 |
The Bug Manager, Inc. | $342,400 |
Stephen M Breaud a Medical Corporation | $332,385 |
Twru, Cpas and Financial Advisors | $331,800 |
The Honor Society of PHI Kappa PHI | $328,890 |
Independent Living, Inc. | $322,821 |
Patriot Industries, LLC | $305,000 |
Owen and White, Inc. | $304,572 |
Rouj by CGH, LLC | $304,200 |
Cypress Title, LLC | $304,000 |
Carolina Technical Fabrics, LLC | $288,782 |
Titleplus, LLC | $282,100 |
Donald Massad, a Professional Corporation | $279,500 |
Habitat for Humanity of Greater Baton Rouge | $277,000 |
General Structors Contractors, Inc. | $276,902 |
West Sanitation Services, Inc. | $276,000 |
Wine Venture, LLC | $272,995 |
Brown Rogers, LLC | $272,743 |
Baton Rouge General Physicians Medical Group, LLC | $271,347 |
The Williamson Eye Center (a Professiona L Medical Corporati | $270,832 |
Ace Personal Healthcare Services, LLC | $270,400 |
Lacassagne's, LLC | $268,167 |
Assaf, Simoneaux, Tauzin & Associates, Inc. | $266,425 |
Bumble Lane 1, LLC | $265,700 |
Domain Design Architecture | $258,850 |
Elsie's Kitchen, LLC | $258,670 |
Industrial Plastics | $258,300 |
Baton Rouge Soccer Association | $257,300 |
New Orleans Portable Storage, LLC | $256,295 |
Franklin Associates, LLC | $253,200 |
Loupe Contractors, Inc. | $247,500 |
Rediron Construction, LLC | $242,500 |
Ducote's Restaurant & Bar Equipment, Inc. | $237,929 |
All Kare Alternative, Inc. | $237,500 |
Fuse Media and Communications, LLC | $231,102 |
Baton Rouge Area Alcohol and Drug Center, Inc. | $230,550 |
Wings-Up of Baton Rouge, LLC | $223,087 |
GHR&S, Inc. | $222,011 |
Johnson Management Group, LLC | $221,700 |
Louisiana Reprographics, Inc. | $221,418 |
Inwell Directional Services, LLC | $213,700 |