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Friday, November 15, 2024

These are the top 50 largest PPP loans in 2020 in ZIP Code 25387

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Here are the top 50 largest PPP loans provided in 2020 to small businesses in ZIP Code 25387, 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 2020 in ZIP Code 25387
Name of BorrowerCurrent Approved Amount
Kanawha Hospice Care, Inc.$2,915,000
Elder Care Services, LLC$1,068,400
Appalalchian Tire Products, Inc.$939,552
Discount Emporium, Inc.$859,000
The ARC of the Three Rivers, Inc.$603,400
Dutch Miller Subaru, Inc.$543,800
Ball Brothers Automotive, Inc.$487,597
AL Marino, Inc.$193,365
Bailes Glass Company$181,400
Contemporary Galleries of WV, Inc.$169,315
Wiseman Construction Company, Inc.$145,700
F. M. Pile Hardware Company, Inc.$145,700
Bluegrassllc$138,100
Partnership of African American Churches$126,788
Mountain Mission, Inc.$120,000
Stuart H Bloom, D.D.S.$96,810
Enact, Inc.$92,000
Schoenbaum Family Enrichment Center, Inc.$82,519
Good News Mountaineer Garage, Inc.$79,500
Charleston Department Store$77,385
J. Christopher Smith PLLC D.D.S.$74,629
L & S Corporation$73,050
Gemco Corporation$67,096
Bob Burdette Center, Inc.$64,000
Zion Child Development Center, Inc.$58,807
MSRC, LLC$55,400
Pcakard Business Machines Company$53,500
Charleston Cut Flower Company$52,500
Sun Comfort, Inc.$50,000
Best Electric, LLC$46,625
Hands on Daycare, Inc.$45,625
Leasing Services, Inc.$44,402
Law Office of James T Cooper$31,200
Services, LLC$28,460
Randall Bess$27,980
C & H Company$27,732
Wallpapers in Stock, Inc.$27,659
Lahoda Bros Collision and Customs, LLC$23,307
David Smyer Insurance Agency, Inc.$22,800
Elite Property Management, LLC$21,795
BF Boat Supply, Inc.$19,222
Reed's Paving$19,200
Emmanuel Baptist Church$17,368
Wok & Roll Kanawha County, LLC$16,725
Interstate Radiator & Small Engine$16,620
Charleston Family Chiropractic, LLC$15,000
Nail 1, LLC$14,583
J&J Auto Glass$14,100
Sali of West Virginia$14,000
New Birth Construction, LLC$12,100

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