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These are the top 50 largest PPP loans in 2021 in ZIP Code 40402

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Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 40402, according to the US Small Business Administration.

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 50 largest PPP loans in 2021 in ZIP Code 40402
Name of BorrowerCurrent Approved Amount
DTS Industries, LLC$177,500
Phillips Diversified Industries, Inc.$135,600
G & G Contracting, Inc.$75,260
Mcqueen Lumber Company, LLC$36,278
Ball Custom Builders, LLC$20,833
Christopher McQueen$20,833
Lazy W Trucking, LLC$20,833
Theresa Weaver$20,833
John R. Keltner$20,800
Adam Ray Collins$19,587
Brian House$18,108
Jonathan D. Vickers$16,411
Michael Moore$14,100
Kimberly A. Boggs$13,683
Mercedes Hudson$13,410
Jerome Vandy$13,298
Dwight Robinson$13,240
Timothy L. Vickers$12,694
L & M Logging Company, Inc.$12,394
Gary Huff$11,776
Harold Bowling$11,151
Ronald Vaughn$9,886
Wade Nicholson$9,218
Douglas R. York$8,750
Ben A. Gilbert$8,243
Rodney Cornett$8,186
Rebecca Vaughn$8,097
Jerry L. Carpenter$7,588
Timothy G. Anderson$7,584
Tucky's, LLC$6,967
Harold Morgan$6,806
James Johnson$5,916
L&M Farms, LLC$5,843
Keisha Perkins$5,822
Keisha Perkins$5,822
Janet Cunagin$5,061
Jason Elam$5,000
Michael Estridge$4,937
Larry Estridge$4,937
Warren Wilson$4,731
Terry Cunagin$4,703
Herbert Carpenter$4,203
Nicholson Express, LLC$4,132
Robert D. York$4,092
Timothy D. Vickers$3,814
Brandon Scalf$3,690
Lovenia Britton$3,570
Donna G Lakes$3,335
Anna Murray$3,307
Betty Vaughn$3,218

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