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 |
|---|---|
| Metalworking Solutions, LLC | $868,700 |
| Cherokee Truck Equipment, LLC | $855,349 |
| Transport Enterprise Leasing, LLC | $815,220 |
| Scenic Industries, LLC | $370,337 |
| Black Creek Club, LLC | $361,190 |
| Patterson Power Engineers, LLC | $341,250 |
| Gaddcom, Inc. | $269,100 |
| Modus Build, LLC | $230,453 |
| Amara Home Care, Inc. | $191,500 |
| Holston Environmental Services, Inc. | $168,300 |
| F2F Transport, LLC | $162,000 |
| Commercial Drywall & Framing, LLC | $148,615 |
| E&M Logistics, Inc. | $142,200 |
| OLC Foods, LLC | $125,129 |
| Classic Transport, LLC | $105,484 |
| Reflection Riding Arboretum and Nature | $98,168 |
| Gary Lester | $91,227 |
| Raccoon MTN. Caverns and Campground, LLC | $91,140 |
| Earthscapes, Inc. | $90,600 |
| P & D Enterprises | $87,491 |
| Ace Hardware of Lookount, Inc. | $86,100 |
| TMC Medical, LLC | $84,097 |
| Apex Heating and Air Conditioning, Inc. | $80,645 |
| Dhruv Partnership | $71,500 |
| Arnold Cutting Systems, Inc. | $71,477 |
| Look out Valley Dental, P.C. | $68,303 |
| Om Lookout MTN, LLC | $66,500 |
| Lookout Valley Baptist Church | $65,100 |
| Vishnu Investments, LLC | $63,096 |
| HP Development | $62,098 |
| Comfort INN & Suites | $57,100 |
| Acme Liquors, Inc. | $56,205 |
| Lookout Motels, Inc. | $53,551 |
| Lookout Chiropractic, PLLC | $48,929 |
| Top Five, Inc. | $48,397 |
| Wauhatchie School, Inc. | $47,112 |
| Nhan Cao Phan | $46,800 |
| Moving Around, LLC | $45,595 |
| Noah G Ryan | $44,830 |
| GHM Enterprises, LLC | $44,150 |
| TNT Medical Enterprises, LLC | $43,923 |
| Lookout Partnership / Clarion INN | $43,300 |
| Shofar Communications, Inc. | $43,290 |
| Inversion Hospitality, LLC | $42,900 |
| Arnold Cooper Company, Inc. | $41,667 |
| Lookout Lodging Group | $40,935 |
| Vilashiv Hospitality Partnership | $40,700 |
| ART Printing Company, Inc. | $40,111 |
| Vision Care Consultants, PLLC | $40,000 |
| Little Company of Tennessee | $36,882 |
| Puregraphite, LLC | $36,706 |
| Nature's Brands, Inc. | $32,300 |
| Jai Jala Krishna Corporation | $29,534 |
| AP Lodging Partners | $27,000 |
| Hillbillywillys Bar-B-Q | $24,400 |
| Rowland Development Group, LLC | $22,840 |
| Guardian Pest Control, Inc. | $22,700 |
| Apron Strings Catering Companies | $22,581 |
| Ballet Tennessee, Inc. | $21,969 |
| Bagsy, LLC | $21,200 |
| Jayshree Soneji, LLC | $21,034 |
| Bluedog Emergency Services | $20,835 |
| Ashleigh Swinford | $20,833 |
| CTS Xpress, LLC | $20,833 |
| Matt Massengille | $20,833 |
| Thetford and Shavin ART Enterprises, LLC | $20,832 |
| Scenic City Device, LLC | $20,832 |
| Jeffrey Visser | $20,800 |
| Rhonda M. McCloy | $20,750 |
| Mark Partners, LLC | $20,000 |
| PMA Hospitality Group | $18,000 |
| Elder Mountain Volunteer Service, Inc. | $17,255 |
| Q & Y Restaurant, Inc. | $16,750 |
| Wauhatchie United Methodist Church | $15,860 |
| Practical Business Systems, in | $14,468 |
| High Grounds Coffee Company, LLC | $14,250 |
| Circle H Repair | $13,700 |
| Stein Wood Products, LLC | $13,300 |
| DBI Sales, LLC | $12,540 |
| Black Creek Real Estate | $12,475 |
| North South Transport, Inc. | $12,300 |
| Lash Enterprises, LLC | $11,500 |
| Richard Barry Krauss | $10,915 |
| Ganeshay, Inc. | $10,700 |
| Browns Ferry Food Mart | $10,587 |
| Nease Cosmetic Surgery, PLLC | $10,219 |
| Rayco, Inc. | $10,000 |
| Revive Properties | $9,488 |
| Hair Structure Salon | $9,353 |
| Valley Liquidation Center, Inc. | $8,093 |
| Centurion Stone and Exteriors of Chattanooga, LLC | $7,500 |
| Fleetsavings, LLC | $7,173 |
| Audrey Michelle Russell | $7,000 |
| Signature Sales, LLC | $6,900 |
| The Buzz Salon | $5,900 |
| Summer Clark | $4,684 |
| Jacob Dangelo | $4,028 |
| Conrad J. Tengler Black Sheep Forge | $3,695 |
| Lynn Tengler | $3,600 |
| Rasmilan, LLC | $2,600 |
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