The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 31771
Name of Borrower | Current Approved Amount |
---|---|
Hamilton Growers, Inc. | $587,200 |
International Poultry Breeders, LLC | $531,501 |
Southern Valley Fruit & Vegtable, Inc. | $520,000 |
J & R Baker Produce, Inc. | $251,688 |
Triple B Ventures, LLC | $206,800 |
Terry and Joe Baker Farms, LLC | $199,300 |
Sutton System Sales, Inc. | $183,300 |
Mel Cab Produce, LLC | $142,809 |
Norman Park Gin and Warhouse, Inc. | $129,288 |
Pack Logistics, LLC | $73,400 |
Georgia Metals of Moultrie, LLC | $68,714 |
Smi-C&W, Inc. | $64,483 |
Custom Outdoors of Georgia, LLC | $55,470 |
Yancey Fence Company, LLC | $52,112 |
P & D Farms | $50,515 |
Stor-Mor of Tifton, LLC | $48,725 |
Hoss Tools, Inc. | $42,437 |
MCGEE | $40,000 |
Xtreme Electric, LLC | $37,900 |
Norman Park Family Medicine Clinic, LLC | $37,500 |
Polar Refrigeration, LLC | $28,494 |
Samara Plantation, LLC | $26,300 |
Lindsey Farms, GP | $25,900 |
Moultrie Diesel Service, LLC | $25,700 |
H & W Farms, LLC | $25,500 |
Bubba Newton's Pool Service | $24,400 |
Cool Springs Nursery, LLC | $22,707 |
Brady Electrical Contractors | $22,145 |
3dexpress | $20,833 |
Richard Glen Baker | $20,833 |
Matthew Carter, LLC D.M.D. | $19,587 |
Crystal River Services, Inc. | $19,208 |
WKW, LLC | $16,800 |
Colquitt Exterminating, LLC | $16,186 |
KLH Agent Transport, LLC | $15,700 |
Pine Branch Poultry, LLC | $15,512 |
Wilson Tree Service, Inc. | $13,458 |
The First Baptist Church of Norman Park, Georgia, Inc. | $12,290 |
Warrior Creek Tires, LLC | $10,058 |
Hurst Brothers, LLC | $9,643 |
Geri A. Hester | $9,260 |
Kimberly Murray Baker | $7,650 |
Ambry Mcdowell Construction, LLC | $5,600 |
Jeffery Oscar Lee Miller | $5,415 |
Brightwells Lawncare & Landscaping, Inc. | $3,998 |
Kelley Landscape, Inc. | $3,500 |
Alan Stone Plumbing, Inc. | $2,100 |
Christy's Cafe, LLC | $1,963 |