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 |
|---|---|
| JHI Group, Inc. | $3,037,000 |
| Underground Utilities, Inc. | $1,455,000 |
| Tusing Builders, Ltd. | $753,000 |
| Monroeville Freightliner, Inc. | $545,572 |
| Homan Transportation, Inc. | $536,300 |
| Fitzgerald Body Shop, Inc. | $266,717 |
| Wilhelm Construction Company | $176,700 |
| R. A. Bores Excavating, Inc. | $137,000 |
| St. Joseph Church | $135,000 |
| HBE Machine, Inc. | $117,000 |
| Monroeville Dental Associates, LLC | $90,270 |
| Wades Truck & Trailer Repair, LLC | $83,100 |
| Sommers Woodcraft, Inc. | $73,800 |
| Deering Farms, Inc. | $61,203 |
| Firelands Hardware, Inc. | $58,000 |
| Brian a Miller | $55,760 |
| Dellinger Excavating, Inc. | $54,000 |
| Strecker Remodeling & Construction, LLC | $53,656 |
| Amarc, Ltd. | $52,000 |
| Scheid Enterprises, Inc. | $51,000 |
| Pean's Pizza | $50,438 |
| Jones Manufacturing Company, Inc. | $49,790 |
| Ronald W Miller | $48,788 |
| Roeder Racing, LLC | $48,000 |
| Monroeville Transmission & Clutch, Ltd. | $42,000 |
| Stone Earth Company, Inc. | $41,000 |
| Madeline Unger | $38,800 |
| Bockert & Associates, Inc. | $37,000 |
| Bore Manufacturing Company, Inc. | $36,320 |
| Flicker Enterprise, LLC | $32,000 |
| Caldwell Roofing, Inc. | $31,000 |
| BCS Consulting and Services | $30,100 |
| E-Z Way Farms, LLC | $29,000 |
| Brendan J. Schlachter | $28,050 |
| Ben Stang Builders, LLC | $27,200 |
| Singh and Associates | $24,902 |
| Myers-Ziemke Insurance Agency, Inc. | $24,000 |
| Trend Setter Restoration, Inc. | $23,700 |
| Bright Earth, LLC | $20,833 |
| Herner Express, LLC | $20,800 |
| Wasserman Efficiency | $20,371 |
| Betschman Security, Inc. | $18,000 |
| Trinity Evangelical Lutheran Church of Monroeville, Ohio | $17,900 |
| Scottrods, LLC | $17,000 |
| SMS Technologies, Inc. | $14,638 |
| Smith Pharms | $12,652 |
| Lynmarie's Coffee on Main, Ltd. | $12,360 |
| Houck Seed Company, Inc. | $12,100 |
| Abtech Mechanical Hvac, Inc. | $10,000 |
| Leber Grain, LLC | $9,000 |
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