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 2021 in ZIP Code 70301
| Name of Borrower | Current Approved Amount |
|---|---|
| Gaubert Oil Company /gaubert Oil Company, Inc. | $2,000,000 |
| Lafourche Sugars, LLC | $1,069,995 |
| Silver Star Transport, LLC | $1,016,000 |
| Southern E N T Associates, Inc. | $837,500 |
| Gaubert Food Marts, Inc. | $815,905 |
| Waguespack Oil Company, Inc. | $652,642 |
| LA Contracting Enterprise, LLC | $594,770 |
| Magnolia Family Services, LLC | $554,850 |
| Premier Catering and Events, Inc. | $500,765 |
| Lajaunies Pest Control, LLC | $498,020 |
| Private Workforce Solutions, LLC | $474,208 |
| Foret Contracting Group, LLC | $433,363 |
| Onshore Construction Company, LLC | $339,500 |
| Doug's Service Company | $312,500 |
| MJ Restaurants of Thibodaux, Inc. | $292,200 |
| Richard L Arceneaux LLC M.D. | $282,805 |
| Fremin Investments, Inc. | $267,000 |
| Delta Coin Machine, Inc. | $266,600 |
| Susca Incorporated | $260,600 |
| Thompson Construction Company, LLC | $239,400 |
| Acadia Land Surveying, LLC | $234,000 |
| Industrial Alliance Services, LLC | $230,000 |
| Daigle Himel Daigle Physical Therapy Center and Rehabilitati | $222,900 |
| Exectuive Gaming, Inc. | $222,300 |
| Premier Hospitality, Inc. | $199,715 |
| Block Law Firm a Professional Law Corporation | $189,221 |
| J. W. Toups, Inc. | $172,507 |
| G. M. Business Services Incorporated | $168,362 |
| Bayou Oaks Health Services, LLC | $167,039 |
| Accurate Eye Care, LLC | $163,450 |
| The Center for Pediatric Therapy | $148,565 |
| The Haven, Inc. | $147,500 |
| Lucky Star Travel Center, LLC | $144,135 |
| Nick's Refrigeration Sales & Service, Inc. | $143,906 |
| Tex-Emma, Inc. | $142,800 |
| L&J Washington Transport | $140,142 |
| L&J Washington Transport | $140,142 |
| Leggo Express, LLC | $132,192 |
| Cabinet Shoppe, Inc. | $118,800 |
| Mitchell Eye Care Assoiates, LLC | $118,300 |
| Wiley Enterprises, LLC | $118,000 |
| Riviere Abel APLC | $117,300 |
| Kampachi Japanese Steakhouse, LLC | $113,300 |
| Wayne J Pharo M D APMC | $112,500 |
| Thomassie Construction, Inc. | $112,300 |
| Joshua Ryan Guidry & Associates, D.D.S. | $111,200 |
| El Paso Vicksburg | $110,684 |
| Cinclare Foods, LLC | $104,779 |
| First Assembly of God Thibodaux | $102,300 |
| Preferred Pediatrics, LLC | $96,897 |
| DMT, Inc. | $96,800 |
| P&M Medical Management, LLC | $96,560 |
| Advance Forklift & Equipment Services, LLC | $90,100 |
| Advanced Southern Surgical Associates, LLC | $87,100 |
| Steven J Marcello, D.D.S. | $84,560 |
| Politz Restaurant, Inc. | $84,400 |
| All Ways Plumbing, LLC | $83,627 |
| Thibodaux Physical Therapy, Inc. | $83,380 |
| Always in Mind, Inc. | $82,797 |
| Ryan Dicharry Construction, LLC | $82,600 |
| Acadia Dermatology and Aesthetic Center, LLC | $77,762 |
| Tahji Young | $75,000 |
| Gros Flores Positerry, LLC | $71,035 |
| Jason Ray | $70,700 |
| Emilia Campos | $69,092 |
| Advance Physical Therapy and Rehabilitation, LLC | $64,982 |
| J Lin's Buffet, Inc. | $64,915 |
| S. Douglas Ber, D.D.S. | $64,373 |
| Thibodaux PDHC, LLC | $63,440 |
| Drill Labs, Inc. | $62,491 |
| Danny Adams | $62,400 |
| Acadia Family Dentistry, LLC | $62,000 |
| St. Pierre Sales & Services, Inc. | $61,937 |
| Chackbay Nursery and Landscaping, Inc. | $61,638 |
| Rebecca Plantation, LLC | $61,467 |
| Pelican Builders Group, LLC | $61,217 |
| Smile Denistry, LLC | $61,181 |
| GWB Services, Inc. | $60,435 |
| Doctors Flynn Manceaux Arcement Pizzolato Porche of Thibodau | $59,800 |
| Delta Music, Inc. | $59,800 |
| Ingo Gauging Services, LLC | $58,050 |
| Gossen Holloway Cortez Apac | $56,700 |
| TBT Contracting of Louisiana, Inc. | $56,600 |
| Bayou Country Children's Museum | $55,600 |
| The Congregation of Christ the Redeemer Roman Catholic Churc | $55,167 |
| Five-O Group, LLC | $54,600 |
| Thibodaux Vision Center, Inc. | $53,000 |
| Acadian Animal Hosptal, LLC | $52,221 |
| MT Trucking & Transport, Inc. | $52,153 |
| Sheard Ber | $51,875 |
| Wag-a-Pak, Inc. | $51,568 |
| Law Office of Leslie J Clement, LLC | $49,700 |
| Morvant & Cavell, LLC | $49,363 |
| Richard a. Thalheim JR., Ltd. | $48,700 |
| Quality Electrical Installations, LLC | $48,422 |
| Percle Body Shop, LLC | $48,400 |
| Kenneth Guillot Painting, LLC | $48,300 |
| Patrick C. Hagen Ears Nose Throat & Sinus Clinic | $47,700 |
| Michael J Marcello II APDC, D.D.S. | $47,500 |
| James Danos | $47,291 |
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