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 71291
| Name of Borrower | Current Approved Amount |
|---|---|
| Goldman Equipment, LLC | $3,553,785 |
| Johnny's Pizza House, Inc. | $3,073,981 |
| Rogers Manufacturing Corporation | $2,911,400 |
| Rab of LA, Inc. | $1,585,308 |
| Amethyst Construction, Inc. | $1,522,200 |
| The Woman's Clinic of Monroe | $1,011,084 |
| Mechanical Systems and Service, LLC | $853,067 |
| MPD Operators Mesa Hills, LLC | $812,500 |
| Eye Associates of Northeast Louisiana, LLC | $810,987 |
| Southern Apparatus Services, Inc. | $796,725 |
| Byrnes Mechanical Contractors, Inc. | $792,100 |
| Claiborne Church of God | $782,184 |
| EMS Electric of Monroe, LLC | $745,907 |
| Edge E&I Services, LLC | $723,000 |
| MPD Operators Mckinney, LLC | $714,500 |
| First Baptist Church of West Monroe | $604,009 |
| Melanie Massey Physical Therapy, Inc. | $592,463 |
| Hillview Nursing Home, Inc. | $559,402 |
| MPD Operators Nazareth Hall, LLC | $546,000 |
| MPD Operators El Paso, LLC | $541,300 |
| MPD Operators of Abilene, LLC | $527,400 |
| Avalon Place, LP | $515,400 |
| MPD Bender Terrace of Lubbock, LLC | $514,500 |
| Imperial Associates, LLC | $504,400 |
| Lakeview Nursing Home, Inc. | $502,623 |
| Lazenby & Associates, Inc. | $498,840 |
| DSRM Opco Lafayette, LLC | $470,159 |
| Donald Farms, Inc. | $468,250 |
| United Automation, LLC | $461,622 |
| Leslie Lakes Care Center, LLC | $460,300 |
| MPD Texas Resources of Kilgore, LLC | $418,078 |
| Paramount Healthcare Consultants, LLC | $413,500 |
| Global Awnings of Louisiana | $410,000 |
| Case Experts, LLC | $403,887 |
| A & M Restaurant Operations, LLC | $402,832 |
| Concordia Nursing Home, Inc. | $393,208 |
| Frederick's Maintenance Service, LLC | $379,000 |
| First Assembly of God of West Monroe | $353,900 |
| Triple H Drilling, Inc. | $340,373 |
| Assurant Healthcare Staffing, Inc. | $333,300 |
| Claiborne Operator Group, LLC | $330,100 |
| Air Service Professionals, Inc. | $325,975 |
| PDM Operators, LLC | $321,700 |
| Complete Field Services, LLC | $319,800 |
| Southern Acres Care Center LP | $307,600 |
| Sanson Famly Medicine | $298,580 |
| Wayne Acree PLS, Inc. | $274,400 |
| Faith Chapel, Inc. | $269,700 |
| Serenity Care Providers, LLC | $261,859 |
| Cooper Veterinary Hospital, Inc. | $244,425 |
| Profoam, LLC | $241,300 |
| Kilpatrick Funeral Homes, LLC | $241,247 |
| Harper Truck Line, Inc. | $240,000 |
| Mule Team Express | $234,800 |
| Skyrider Communications, Inc. | $231,839 |
| Quality Home Health Care | $230,000 |
| Tealamb Investments, LLC | $229,300 |
| J & K Healthcare, LLC | $227,800 |
| Mulhearn Funeral Home, LLC | $227,700 |
| D G Williams, Inc. | $216,200 |
| Gilley's Heating & Cooling, LLC | $210,618 |
| DSRM Lafayette Opco, LLC | $206,556 |
| Ouachita Lumber of Union Parish, Inc. | $201,828 |
| J3 Communications, LLC | $194,827 |
| Vanguard Towers, Inc. | $190,900 |
| Haik Humble & Associates, LLC | $188,668 |
| Greater Ouachita Coalition Providing Aids Resources & Educat | $184,127 |
| Auto-Technician Enterprises, Inc. | $180,017 |
| PPS, LLC | $177,800 |
| Behavior Train | $173,157 |
| Surgery Center of West Monroe | $168,750 |
| Davidson Consulting, Inc. | $168,523 |
| Rosales Children's Clinic | $166,689 |
| BC Industrial Sales, LLC | $166,257 |
| Timothy M Brandon Architect, a Professional Corporation | $165,191 |
| Astro Industries, Inc. | $161,840 |
| Kevin J Finley, LLC D.D.S. | $152,187 |
| Medical Association of Northeast Louisiana, Inc. | $150,748 |
| Auto Body Specialist, Inc. | $149,140 |
| Haik Humble Optical, LLC | $148,588 |
| The White's Ferry Road Church of Christ, Inc. | $147,888 |
| Bamburg Steel Buildings, Inc. | $147,875 |
| Marie's Medical Supply, Inc. | $143,040 |
| First United Methodist Church of West Monroe, Louisiana | $142,119 |
| Rosemont Assisted Living Community of NE Louisiana, Ltd. | $142,100 |
| El Paso Mexican Grill West Monroe, LLC | $141,192 |
| TP Outdoors West Monroe, LLC | $139,866 |
| Louisiana Center for Women's Health, LLC | $139,002 |
| Antley Collision & Repair Center, LLC | $138,328 |
| Cardiovascular Diagnostic Center | $138,124 |
| Cameron, Hines & Company, Apac | $137,818 |
| Bayou Wood Products, Inc. | $136,862 |
| RCB, LLC | $135,574 |
| Arco Builders, Inc. | $134,810 |
| Parker Auto Body West, Inc. | $132,905 |
| Arkansas Stone Company, Inc. | $131,885 |
| JLG, Inc. | $129,183 |
| Walpole Tire of Ouachita, LLC | $129,000 |
| Cedar Crest Southern Baptist Church of West Monroe | $125,530 |
| Servant's Heart Hospice | $124,600 |
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