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 |
|---|---|
| TRI C, Inc. | $2,000,000 |
| Pepper Palace, Inc. | $1,231,910 |
| Collier Development Restaurants, Inc. | $630,220 |
| C & C of Sevier, Inc. | $448,462 |
| Oak Haven Resort, Inc. | $388,080 |
| Commercial Door and Hardware, Inc. | $384,048 |
| Mannon Specialty Foods, Inc. | $372,131 |
| C. Laney and Sons Construction, Inc. | $345,250 |
| Adams and Sons, Inc. | $280,811 |
| Sensible Concrete Works | $220,709 |
| Recreation Investments of Tennessee, Inc. | $212,016 |
| Diner V1 Enterprises, LLC | $206,955 |
| Falin Enterprises, Inc. | $205,165 |
| Fondue of the Smokies, Inc. | $193,630 |
| Turkey Creek Hospitality, LLC | $151,326 |
| Colortec Powder Coating Corporation | $127,086 |
| Finchum Sports Floors, LLC | $119,506 |
| Nina Manning | $118,550 |
| Williams Heating and Cooling, Inc. | $104,302 |
| Triumphant Quartet, Inc. | $95,433 |
| Old Tyme Portraits by Treadway | $94,269 |
| 407 Pancake Partners, LLC | $93,163 |
| Hylton Heat and Air, LLC | $92,604 |
| BMC2, LLC | $89,616 |
| The Candle Cottage, LLC | $88,900 |
| Pramukh Krupa, LLC | $80,454 |
| Steve Dodgen Paint & Body Shop, Inc. | $75,436 |
| Shirey Unlimited, LLC | $75,000 |
| H2G Commercial Solutions, LLC | $73,200 |
| Appalachian Tool Works, LLC | $72,875 |
| Chris Yett Projects, LLC | $71,013 |
| Nas, LLC | $70,870 |
| Mountain Mold & Die, Inc. | $69,400 |
| GM Lodging, Inc. | $66,736 |
| Yogaishwari, Inc. | $66,180 |
| Mamma Mia's Italian Restaurant, Inc. | $65,490 |
| Sevier Pawn and Loan, Inc. | $65,417 |
| Tennessee Wood Flooring, LLC | $63,370 |
| Prime Cuts Construction | $62,500 |
| A & A Construction Waste Removal, LLC | $58,975 |
| Hayes Publishing 401K Plan, Inc. | $57,793 |
| Homespun Valley, LLC | $50,000 |
| Sims Tractor and Implement Company | $48,413 |
| Four Eighty, LLC | $48,232 |
| Music Outlet, LLC | $47,800 |
| M Helicopter of TN, Inc. | $47,679 |
| Ristorante Dellasantina | $47,414 |
| Tyler Williams | $45,427 |
| Superior Drywall & Acoustical, LLC | $42,000 |
| Gary Nicks | $41,250 |
| Basics Corporation | $39,134 |
| Tennessee Smoky MTN Realty, LLC | $38,479 |
| Brandon Stuart | $38,045 |
| Noire the Nail Bar Sevierville, Inc. | $37,672 |
| Fredmig, Inc. | $37,147 |
| Ozark Sauces, Inc. | $35,544 |
| Clearwater Filtration, LLC | $35,410 |
| John Parker | $33,027 |
| Curtis King Plumbing, Inc. | $31,630 |
| Mac Machine & Design Corporation | $31,490 |
| Hippensteal Partnership | $30,823 |
| Robert a Tino Gallery, Inc. | $30,749 |
| Virgil Consulting, LLC | $30,000 |
| K&R Home Services, Inc. | $29,690 |
| T Games, Inc. | $29,560 |
| Steven Helton | $29,167 |
| Be Atchley Trucking, LLC | $29,041 |
| Jek and Associates | $27,532 |
| Temtronics Corporation | $26,493 |
| Noah Keebler | $24,950 |
| Charles Ford | $24,461 |
| Jeremy McNutt | $23,590 |
| Jolly Roger Companies, Inc. | $23,400 |
| A&A Party Rentals, Inc. | $23,400 |
| Michael Schexnaider | $23,265 |
| Bradley Hall | $22,675 |
| Mountain Mojo Bluff Mountain INN, LLC | $22,412 |
| Heritage Custom Woodworking, Inc. | $22,196 |
| Scott Walker | $20,833 |
| William Strickland | $20,833 |
| Andy Latham | $20,833 |
| Juan Sierra | $20,833 |
| Stephen Drake | $20,833 |
| Marcel Cernek | $20,833 |
| Christopher Walston | $20,833 |
| Misty Ramsey | $20,833 |
| Michael John Allen | $20,833 |
| Scott E. McCarter | $20,833 |
| Tamara Browning | $20,833 |
| Gene Click | $20,833 |
| Andy Latham | $20,833 |
| Daffety Ledford | $20,833 |
| Donna Lowry | $20,833 |
| Steven Dustin Dodgen | $20,833 |
| James McClure | $20,833 |
| Shelby Layman | $20,833 |
| Anna Breeden | $20,833 |
| Lynn Straka | $20,833 |
| Charles Johnson | $20,833 |
| Billie Newell | $20,833 |
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