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.
Top 100 largest PPP loans in 2020 in ZIP Code 42754
| Name of Borrower | Current Approved Amount |
|---|---|
| Inplast Industries USA, LLC | $4,145,000 |
| Grayson County Hospital Foundation | $3,731,400 |
| Homeland, Inc. | $983,700 |
| U D Contracting, Inc. | $712,927 |
| Site-Safe Products, LLC | $483,800 |
| Clayton Watkins Construction Company, Inc. | $461,500 |
| T&T Construction Enterprises | $400,300 |
| Leitchfield Pediatric Clinic PSC | $328,400 |
| Early Intervention and Consultation Services, LLC | $324,900 |
| Teewinot Enterprises, LLC | $229,800 |
| Future Designs, Inc. | $229,500 |
| A & A Holdings, LLC | $221,100 |
| Busche Industries Company | $220,000 |
| Byrd Tool Corporation | $214,400 |
| Grayson County Water District | $212,800 |
| Abney Amstutz Eye Centers, PLLC | $178,800 |
| Grayson Company EMS, Inc. | $174,000 |
| Embry Merritt Shaffar Womack, PLLC | $173,700 |
| J W Perry Lumber, LLC | $167,400 |
| Renegade Bass Tournaments, Inc. | $126,700 |
| Affordable Metal Buildings, Inc. | $114,500 |
| Farmers Quality Meats | $108,500 |
| Innovative Access Solutions, LLC | $101,400 |
| Patton Unlimited, Inc. | $92,800 |
| Ace Building Systems, Inc. | $92,300 |
| Linel D. Holwager, PSC, D.M.D. | $89,215 |
| Bratcher Services, LLC | $86,682 |
| Twin Lakes Counseling Service, LLC | $85,000 |
| Blanton Electric, Inc. | $77,700 |
| Stevie L. Gibson Concrete Construction, LLC | $75,862 |
| Exit 107 Homes, LLC | $75,541 |
| Artanna, LLC | $73,000 |
| Results Unlimited | $72,200 |
| Phar Shar Manufacturing Company, Inc. | $70,900 |
| Pharis & Associates, Inc. | $68,600 |
| Carter D Harrell State Farm | $66,600 |
| Powers #11, Inc. | $64,800 |
| Leitchfield Animal Hospital, Inc. | $64,700 |
| Grayson County Ready Mix | $62,500 |
| Standiford Group, Inc. | $62,200 |
| Tammy Embry's Play School, Inc. | $61,500 |
| Twin Lakes Plumbing, LLC | $59,800 |
| Dermitt Funeral Home, LLC | $59,700 |
| Wabuck Development Company, Inc. | $58,000 |
| Leitchfield Exterminating, Inc. | $56,500 |
| R. L. Smith Company, Inc. | $52,000 |
| Craig Woosley Construction, Inc. | $50,500 |
| St. Paul's Parish of St. Paul, Kentucky | $49,784 |
| The Fence Company, LLC | $48,200 |
| Hatfield INN, LLC | $47,563 |
| Extreme Sports, LLC | $46,040 |
| WGM Sales Associates, Inc. | $44,300 |
| Young's Auto Recyclers, Inc. | $43,800 |
| Albert H Thomason & Son Farm Bureau Insurance Agency | $42,900 |
| Mi Camino Real | $42,200 |
| Heritage Media of Kentucky, Inc. | $41,800 |
| Goff & Goff PSC | $41,200 |
| Leitchfield Automotive, LLC | $40,600 |
| Fleener's Home Planning, Inc. | $38,400 |
| Four Star Foods II, LLC | $37,880 |
| Ray Begay, Inc., M.D. | $37,600 |
| Gay Fulkerson, P. S. C, M.D. | $37,400 |
| JJ Dough, LLC | $37,380 |
| Yamato Leitchfield, Inc. | $34,842 |
| Higdon Family Dentistry, PLLC | $34,400 |
| Oller Brothers, Inc. | $33,700 |
| Vendors Village Mall, LLC | $32,800 |
| Circle M Automation & Electrical Contracting, LLC | $31,600 |
| Clark Brothers Transport, Inc. | $30,683 |
| David B Vickery, Attorney at Law | $30,600 |
| Kentucky Home Brands, LLC | $28,900 |
| Corner Rental, Inc. | $28,700 |
| Blain Distributing, LLC | $28,300 |
| Leitchfield United Methodist Church | $28,300 |
| St. Joseph's Parish of Leitchfield, Kentucky | $28,250 |
| Hayse Contracting, LLC | $27,900 |
| Embry's Longview Farms, Inc. | $27,500 |
| Parkland Manor, Inc. | $27,000 |
| John and Leigh Ann Lewis, Inc. | $26,840 |
| Webb's Automotive Refinishing and Supplies, LLC | $26,400 |
| Rocky-K Log Homes & Construction, LLC | $25,600 |
| Cash Connection, Inc. | $25,092 |
| Mid State Car Craft | $25,000 |
| Dan Powers Napa Auto Parts, LLC | $24,000 |
| Wilson Dental Clinic, PLLC | $22,400 |
| Grayson County Family Medicine | $21,000 |
| Darrell Roof | $20,800 |
| Leitchfield Primary Care, PLLC | $20,800 |
| People's Insurance, Inc. | $20,600 |
| Rod N. Custom | $20,100 |
| James L. Aubrey | $19,500 |
| Bailey's Zip Mart, Inc. | $19,200 |
| Elmores 1017 Furniture & Flooring | $18,800 |
| A&a, Inc. | $18,500 |
| Xtreme Industrial Supply, LLC | $18,300 |
| Nite Lites, Inc. | $18,300 |
| C&M Appraisals, Inc. | $18,200 |
| Lee Medical Office | $18,200 |
| All Saints Conference Center | $17,300 |
| Witten Financial Services, LLC | $16,377 |
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