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 40223
| Name of Borrower | Current Approved Amount |
|---|---|
| Creation Gardens, Inc. | $7,171,800 |
| Enovapremier, LLC | $4,284,600 |
| LJS Opco One, LLC | $4,152,000 |
| Aperture Credentialing, LLC | $3,852,592 |
| LJS Opco Two, LLC | $3,586,400 |
| Undewriters Safety and Claims, Inc. | $3,137,000 |
| Maryhurst, Inc. | $2,478,000 |
| QSR Automations, Inc. | $2,130,900 |
| A Technological Advantage, Inc. | $1,951,000 |
| Superior Van & Mobility, LLC | $1,901,500 |
| MRG Pizza N Central Florida, LLC | $1,625,000 |
| Creative Realities, Inc. | $1,551,800 |
| Oliver Stanbery Orthopedics, LLC | $1,537,200 |
| Alliant Technologies, LLC | $1,412,200 |
| Kizan Technologies, LLC | $1,380,800 |
| Ellis and Badenhausen Orthopaedics, P. S. C. | $1,380,700 |
| Kentucky Organ Donor Affiliates, Inc. | $1,344,800 |
| Excel Services, Inc. | $1,245,345 |
| Strategic Marketing Holdings, LLC | $1,210,700 |
| Houston Johnson, Inc. | $1,166,300 |
| Justice Av Solutions, Inc. | $1,107,900 |
| Kentucky Baptist Convention | $1,062,800 |
| Long John Silver's, LLC | $1,009,400 |
| Morrland Healthcare, Inc. | $994,000 |
| Kentucky Association of Electric Cooperatives, Inc. | $961,500 |
| Project Heating & Cooling | $921,400 |
| Extell Financial Services, Inc. | $901,400 |
| Spalding and Day Tool and Die | $848,977 |
| Advanced Solutions, Inc. | $778,885 |
| Morgan Security Services | $757,000 |
| MRG Pizza-Tennessee, LLC | $733,900 |
| Crs-Supervisor, Inc. | $711,200 |
| New Source Medical, LLC | $711,000 |
| Networld Alliance, LLC | $700,079 |
| Family Allergy MSO, LLC | $698,400 |
| Forest Avenue Hotel Associates, LLC | $685,500 |
| MRG Pizza Kentucky, LLC | $640,300 |
| JW Services, LLC | $640,100 |
| S & S Tool and Machine Company | $620,425 |
| The Mirazon Group, LLC | $615,300 |
| J & L Marketing, Inc. | $606,855 |
| C S T Company, Inc. | $602,800 |
| Dental Assisting Academy of Louisville, LLC | $569,100 |
| Davencorp Management Company | $548,600 |
| Statewide Mortgage, LLC | $539,300 |
| Core Recoveries, LLC | $536,500 |
| Elder Care 4 Families | $527,037 |
| Mattingly-Ford Title Services, LLC | $522,300 |
| DPL Financial Partners | $519,912 |
| Kerr-Greulich Management, Inc. | $517,900 |
| The Stevenson Company | $513,400 |
| The Peregrine Transportation Company, LLC | $506,700 |
| Gerimed, Inc. | $465,000 |
| Diversified Metals, LLC | $450,800 |
| BP Lake Buena Vista, LLC | $450,500 |
| Hunter & Associates Construction Company | $444,100 |
| Kentucky Baptist Assemblies, Inc. | $431,700 |
| Century Mortgage Company | $424,340 |
| Blind Squirrel, LLC | $424,200 |
| Javier Steel Corporation | $422,200 |
| Troll Ventures, LLC | $422,100 |
| Central Avenue Hotel Associates, LLC | $416,000 |
| Ruiz and Family, LLC | $396,005 |
| Hafendorfer Machine, Inc. | $386,167 |
| Limestone Title & Escrow, LLC | $377,800 |
| Tom Amoss Racing Stable, Inc. | $375,000 |
| Stream Cash, LLC | $374,500 |
| Carpet Specialists, Inc. | $374,000 |
| Echobind, LLC | $359,400 |
| Command Personnel, LLC | $358,725 |
| Village Anchor, LLC | $356,800 |
| Alliance Cost Containment, LLC | $354,400 |
| Elder Heating & Air | $340,000 |
| Weis Industrial, Inc. | $339,700 |
| Vico Louisville, LLC | $338,820 |
| Clarendon Flavors, LLC | $336,000 |
| Kenmark Security Systems, LLC | $321,250 |
| DR. Hinkebein, Davis & Mccormick, PLLC | $314,247 |
| Musselman Hotels Management, LLC | $314,143 |
| Fenley Campus Hotel, LLC | $302,100 |
| Cunningham Golf Car Company, Inc. | $302,100 |
| River City Foundations, LLC | $300,600 |
| The Mortgage Warehouse, LLC | $298,500 |
| Davis Jewelers, Inc. | $298,400 |
| Avoca, LLC | $294,700 |
| Amstar, Inc. | $293,057 |
| Title Agency Support, LLC | $286,600 |
| Kayfield Academy II, LLC | $283,200 |
| NBG, LLC | $278,087 |
| Complete Transfer, LLC | $262,200 |
| The OTT Group, LLC | $260,900 |
| Eblu Solutions, LLC | $255,800 |
| Integrity HR, Inc. | $250,000 |
| Hugh Hoagland Consulting, Inc. | $249,263 |
| Evergreen Real Estate, LLC | $249,100 |
| Teal Logistics, LLC | $248,200 |
| Onpoint Warranty Solutions, LLC | $246,600 |
| Horizon Commercial Realty, LLC | $246,300 |
| MFF Louisville, LLC | $245,038 |
| Maverick Insurance Group, LLC | $244,700 |
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