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 |
|---|---|
| K & B Machine Works, LLC | $7,540,470 |
| PDI Solutions, LLC | $1,095,009 |
| Byron Talbot Contractor, Inc. | $841,465 |
| Roman Catholic Church of the Diocese of Houma-Thibodaux | $794,000 |
| Living Word of Church Houma, Inc. | $528,000 |
| Norris & Boudreaux Contractors, LLC | $429,200 |
| M&L Engine, LLC | $341,100 |
| B E T Construction, Inc. | $330,697 |
| Lagreca Services, Inc. | $282,265 |
| Big Wheels Travel Center, LLC | $182,500 |
| Labor Resources, LLC | $178,050 |
| Ken's Plumbing & Heating, Inc. | $151,200 |
| Flow Line Valve and Controls, LLC | $150,700 |
| Mac's Automotive, LLC | $150,400 |
| Domino's | $137,400 |
| Dj's Welding Service, Inc. | $118,300 |
| Mike Evans Crane Service, LLC | $117,700 |
| Southern Trailer Works, LLC | $110,925 |
| Shaw Construction Services, LLC | $106,535 |
| Carl Rogers Trucking, LLC | $98,000 |
| Golden Ranch Aviation, Inc. | $86,670 |
| Alligator Contractors Group, LLC | $83,200 |
| Wolfpack Mechanics, LLC | $69,866 |
| Rebecca Plantation, LLC | $61,400 |
| Production Inland Crews, LLC | $58,500 |
| Toro Pressure Control, LLC | $57,707 |
| Viper Valve & Supply, LLC | $54,800 |
| Rigscope International, LLC | $46,800 |
| International Workforce Consultants, LLC | $44,300 |
| R. E. P. Holdings, LLC | $35,800 |
| Mako Rentals, Inc. | $34,600 |
| Wilsons Kountry Korner, Inc. | $33,800 |
| C. C. L. Enterprises, LLC | $29,167 |
| Jag International, Inc. | $27,200 |
| Tim Buckley, Inc. | $26,600 |
| Seminole Services, LLC | $24,070 |
| Jo Ann's Furry Friends, LLC | $21,620 |
| Billiot Consulting Services, LLC | $20,800 |
| Jimmy Boquet's Automotive, LLC | $20,671 |
| Kimberly Robichaux | $20,600 |
| Woodrow Dupre P. Jr. | $20,600 |
| RGR, Inc. | $18,453 |
| Bayouland RV, LLC | $18,300 |
| Catholic Foundation of South Louisiana | $18,120 |
| Tomber Electric, LLC | $17,500 |
| David a. Prevost, CPA, APC | $16,500 |
| The Congregation of St. Bridget's Roman Catholic Church, School | $14,948 |
| C C & S Transport, LLC | $14,632 |
| T & H Cement Construction | $14,479 |
| Cajun Home Improvements, Inc. | $13,942 |
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