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 |
|---|---|
| Montgomery Radiology Associates, P. A. | $1,273,600 |
| Montgomery Aids Outreach, Inc. | $1,067,000 |
| Sherlock, Smith & Adams, Inc. | $859,500 |
| Easter Seals Central Alabama | $831,720 |
| Southeast Forest Products Treated, Ltd. | $751,608 |
| Southeast Forest Products Manufacturing, Inc. | $721,100 |
| Montgomery Pulmonary Consultants, P. A | $519,310 |
| Montgomery Imaging Center, LLC | $348,500 |
| Woods Communication Corporation | $275,500 |
| Montgomery Rheumatology Associates PA | $217,700 |
| Ourmed, LLC | $212,825 |
| RHCSC Montgomery I AL Holdings, LLC | $181,100 |
| 20/20 Opthalmic Associates, P.C. | $168,738 |
| Nomess Commercial Cleaning Service | $131,137 |
| Tukabatchee Area Council, Boy Scouts of America, Inc. | $110,700 |
| Jefferson Underwood III PC, M.D. | $96,700 |
| Montgomery Allergy and Asthma Associates | $94,700 |
| Montgomery Christian School | $87,500 |
| Simply Southern Cafe, LLC | $70,900 |
| Southeast Wood Management Company | $69,570 |
| Cavanaugh-Bradley Animal Hospital, LLC | $65,750 |
| D. Hugh Frazer, III, P. C., M.D. | $50,000 |
| G. Perrin Underwood PC, M.D. | $47,600 |
| Golomb Development, LLC | $46,800 |
| Community Benefit Services, Inc. | $44,167 |
| Elite Custom Wheels & Tires, LLC | $42,100 |
| PGC Alabama, LLC | $41,200 |
| Agudath Israel ETZ Ahayem | $37,500 |
| Stewart Hill Tankersley LLC M.D. | $37,038 |
| Anthony Burton | $35,285 |
| Diversified Labor Solutions, Inc. | $35,000 |
| Church of the Holy Comforter | $34,413 |
| Renu, LLC | $32,700 |
| William Edward Lievens, M.D. | $30,194 |
| Phillip Pouncey Builder, Inc. | $29,651 |
| Specialty Video Service, LLC | $27,097 |
| Alabama Imaging, P.C. | $26,500 |
| Little Mountain Nursery | $26,188 |
| The Mosquito Authority of Alabama, LLC | $25,000 |
| Reynolds Orthopaedics, Inc. | $22,000 |
| JD Triton, LLC | $21,010 |
| PPM Consulting, LLC | $20,833 |
| Will Fitzpatrick, PC | $20,833 |
| Taylor Martin | $20,833 |
| Ann M. Walker | $20,833 |
| Jonathan Gaston | $20,833 |
| Quadarius Lindsay | $20,833 |
| Lawn Service Sr. | $20,832 |
| Tommy J. Williford | $20,830 |
| Direct Impact Media Group, LLC | $20,800 |
| Mclemore & Associates, LLC | $20,800 |
| Lambert Trucking | $20,800 |
| Thomas Kent Garrett | $20,800 |
| Phelps Reid | $20,700 |
| LC & Associates, Inc. | $20,581 |
| Evelyn R. Barley | $19,800 |
| Commercial Real Estate Specialist, Inc. | $18,901 |
| The Animal Clinic, PC | $18,693 |
| Wag Ventures, LLC | $18,425 |
| Medhealth Urgent Care, LLC | $17,100 |
| Roosevelt a. Daniel, P. C., D.D.S. | $16,734 |
| Cake Designs, Inc. | $16,200 |
| Stuart P. Walker | $15,772 |
| Avery Ainsworth | $15,500 |
| Hampton Hook | $14,079 |
| Catherine Bagwell Hook | $13,622 |
| Vanessa Ball | $13,482 |
| Strategy Management, LLC | $12,504 |
| Rebuilding Together Central Alabama | $12,500 |
| Warren Biggs | $12,187 |
| Jennifer Morgan | $11,875 |
| The King's Table | $11,752 |
| Out of the Blue Creative Services, LLC | $11,700 |
| On Demand Essenials, Inc. | $11,510 |
| Mangum & Associates, Inc. | $11,100 |
| Robert M. Harrington JR, LLC | $10,833 |
| Montgomery Optical Center, Inc. | $10,573 |
| KJM Medical, LLC | $10,000 |
| Frances Copeland | $9,220 |
| Homes by Hayles, LLC | $8,017 |
| Fishers Farm Corporation | $7,800 |
| LDD Consulting ART & Dcor, LLC | $7,500 |
| William Thrasher | $7,400 |
| School Events Management | $7,400 |
| Joseph Morgan Bell | $7,400 |
| Hair Paradise | $7,200 |
| Komo Designs, Inc. | $7,000 |
| Image Construction Group, LLC | $6,735 |
| Dsif, LLC | $6,600 |
| Brittney Calhoun | $6,360 |
| Isiq, LLC | $6,200 |
| Sara Elizabeth Burnham | $5,900 |
| Kj's Kreations, LLC | $5,544 |
| Mccalla Valley, LLC | $5,500 |
| Molly Drumwright | $5,200 |
| Laquanda Howard | $5,084 |
| Brenda Roney Harris | $4,677 |
| Nancy L. Seale | $4,600 |
| Destiny Turner | $4,500 |
| Diamond Agenda, LLC | $4,500 |
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