The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 45505
| Name of Borrower | Current Approved Amount |
|---|---|
| Tri-State Forest Products, Inc. | $2,219,300 |
| JM Consolidated Industries, LLC | $2,019,437 |
| Emergent Enterprises, LLC | $1,995,000 |
| Rocking Horse Childrens Health | $1,896,635 |
| Rollins Moving & Storage, Inc. | $1,390,800 |
| The Champion Company | $1,235,081 |
| Tac Industries, Inc. | $1,056,750 |
| Bobby Fisher, Inc. | $653,815 |
| Sweet Manufacturing Company | $640,838 |
| Central Fire Protection Company, Inc. | $613,742 |
| Mckinley Hall, Inc. | $575,015 |
| Triec Electrical Services, Inc. | $553,300 |
| First Diversity Charlottle, LLC | $545,075 |
| Bryce Hill, Inc. | $518,442 |
| The Springfield Catholic Central Foundation | $509,100 |
| Nexstep Commercial Products, LLC | $480,945 |
| Maine's Collision Repair & Body Shop, Inc. | $397,954 |
| Techniques Surfaces, USA, Inc. | $382,388 |
| Pram Middletown Te, LLC | $382,100 |
| Goes Physicians, Inc. | $298,743 |
| H. E. F. USA Corporation | $294,705 |
| Physicians and Surgeons for Women, Inc. | $292,859 |
| Fluid Quip Custom Machining, LLC | $289,200 |
| Consumer Care Services, LLC | $269,968 |
| Armoloy of Ohio, Inc. | $249,600 |
| Ear, Nose and Throat of Springfield, Inc. | $237,200 |
| Short Haul Express, Inc. | $209,300 |
| Hays Fabricating and Welding, Inc. | $202,500 |
| Dillon Manufacturing | $196,132 |
| Springfield Family Ymca | $188,600 |
| Noll Veterinary Hospital, Inc. | $186,260 |
| Springfield Overhead Door, LLC | $182,792 |
| Nightingale Montessori | $181,800 |
| Spradlin Bros. Welding | $175,000 |
| Harmony Enterprises, Inc. | $174,314 |
| Ajaz Umerani Inc., M.D. | $162,356 |
| H W Mann & Sons Hauling Service, LLC | $145,375 |
| Larpers II, LLC | $133,513 |
| Quality Care Transport, Ltd. | $118,592 |
| Johnsons Residential Facilities, Inc. | $117,447 |
| RJM Smokehouse, LLC | $116,130 |
| Springfield Motorcycle Sales and Service, Inc. | $111,100 |
| El Toro of Limestone, LLC | $96,690 |
| Moin a. Ranginwala Inc., M.D. | $94,753 |
| JWP, Inc. | $87,300 |
| Thomas Tape Company | $82,595 |
| Harris Hospitality Springfield, LLC | $81,992 |
| Mujeeb a. Ranginwala Inc., M.D. | $78,600 |
| St. Raphael Roman Catholic Church | $75,618 |
| Elliott Insurance Agency, Inc. | $74,143 |
| Amber N. Wright LLC D.D.S. | $69,400 |
| Sterling Quality Concrete, LLC | $69,149 |
| Chris's Color Shop | $66,200 |
| Conroy Funeral Home, Inc. | $65,100 |
| M. & H. Fabricating Company | $64,918 |
| Springfield Family Dentistry, Linda Zhang, D.M.D. | $62,400 |
| Jabco Enterprises, Inc. | $62,147 |
| Abdur Rauf Inc., M.D. | $60,475 |
| Jyothi Puram M. D., Inc. | $56,973 |
| Smart Start Academy Child Care and Learning Center, LLC | $54,733 |
| Clark County Glass Company | $50,600 |
| Ohio Equine and Agricultural Association | $50,187 |
| Drive 1 Car and Truck, LLC | $49,835 |
| The Brain Lumber Company | $49,518 |
| Alan Gabbard, M.D. | $48,299 |
| High St. Church of the Nazarene | $48,000 |
| Rainbow Industries, Inc. | $47,325 |
| JMS Industries | $44,641 |
| Patrick Brothers, LLC | $43,750 |
| The Cerium Group, LLC | $43,750 |
| Hot Red, LLC | $43,698 |
| National Pit Stop | $43,300 |
| Springfield Fuel Center, Inc. | $42,019 |
| Kallam Enterprise, LLC | $40,909 |
| Donald Gram | $40,800 |
| WJ Distribution Corporation | $39,573 |
| James a Tetz Inc., D.M.D. | $39,567 |
| The Pavlatos Law Firm, LLC | $39,562 |
| Pregnancy Resource Clinic of Clark County | $37,330 |
| Netts Floral Company | $36,179 |
| High Street United Methodist Church | $32,500 |
| Rod E. Batie, D. O., Inc. | $32,500 |
| G & R Welding Service, LLC | $31,250 |
| Heart of Country | $29,100 |
| HR Manco, LLC | $28,760 |
| Amrit L Chadha Inc., M.D. | $28,147 |
| Westcott House Foundation | $27,010 |
| Robert N. Lancaster JR. Attorney, LLC | $26,295 |
| Springfield District Council of the Society of St. Vincent DE | $26,200 |
| Custom Recapping, Inc. | $26,071 |
| Dehaven Logistics | $25,250 |
| Storts Sanitation Service, LLC | $24,314 |
| A G Samuelson, Inc. | $23,000 |
| Rashe a. Crosson, LLC | $21,340 |
| Ohio License Bureau Southside | $21,200 |
| Daniel R Collins JR, D.D.S. | $20,832 |
| Tip Top Vapor, LLC | $20,800 |
| Mtarpoff, LLC | $20,800 |
| James L Cromwell Inc., M.D. | $20,500 |
| Speakeasy Ramen, LLC | $20,100 |
| Piz Biz, LLC | $19,970 |
| Jims Tire Center, LLC | $19,674 |
| Kleinco Promotions | $17,960 |
| 1202 Sunset Enterprises, Inc. | $17,400 |
| Leveltec, LLC | $17,200 |
| Hynes Modern Pattern, Inc. | $16,685 |
| Kids World of Springfield, LLC | $16,482 |
| Moga 3 Enterprise, Inc. | $16,400 |
| Tizwhiz Sales, Ltd. | $15,313 |
| Claude Henry | $15,000 |
| Gills'quality Meat Market | $14,600 |
| Ferrell Trucking | $14,405 |
| Cory R. Soinelli | $14,309 |
| R and D Interiors, LLC | $14,242 |
| First Assembly of God | $14,032 |
| Clifton Avenue Church of God | $13,716 |
| IN a Pinch Screenprinting, LLC | $13,580 |
| The Greek Orthodox Church | $13,252 |
| Thai Project, LLC | $12,816 |
| New Concept Systems, Ltd. | $12,685 |
| Gozero Services, Ltd. | $12,400 |
| Lucky Mutz Pet Resort, LLC | $11,283 |
| QC Painting, Inc. | $10,712 |
| Jagraon Enterprise, Inc. | $10,000 |
| Anchor Accounting and Consulting, LLC | $10,000 |
| Young Hair, Inc. | $9,464 |
| Joshne Hair Salon | $9,150 |
| Nash Financial Solutions, LLC | $9,135 |
| Digital Home Solutions, LLC | $9,087 |
| Kearfott Eye Group, Inc. | $8,480 |
| Halley Bruns | $8,385 |
| Brittany Drake | $7,955 |
| Swindler Auto Service, LLC | $7,800 |
| Creative Fires, LLC | $7,200 |
| Harris Bar & Grill, LLC | $6,421 |
| Doug Frates Glass, LLC | $6,302 |
| Ohio Performing ARTS Institute | $6,200 |
| Greg Paul | $5,632 |
| Seever Trucking, LLC | $5,000 |
| Streetwise Performance, LLC | $4,629 |
| Leithauser Photography | $4,588 |
| Mac's Pet Salon, LLC | $4,488 |
| Es Transport, Inc. | $4,437 |
| Bonds Lady Bonds Insurance and Surety Bonds, LLC | $4,412 |
| Anita Hookfin | $4,152 |
| KLF2, Inc. | $3,559 |
| 425 Club, LLC | $3,517 |
| Tonia Yowler | $3,410 |
| Richard a. Spencer, LLC | $2,720 |
| Patterson Precision Fabrication Company | $2,577 |
| Jerry W Kinley Funeral Home, LLC | $2,400 |
| Merek Ramirez | $2,115 |
| Sip & Dipity Paint Bar | $2,077 |
| Kendra Espich | $1,919 |
| Woodruff Tree Service | $1,612 |
| Adele Siegel Lmt | $1,400 |
| Brenda Lightner | $1,000 |
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