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 25387
| Name of Borrower | Current 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 |
| Motor City, LLC | $11,955 |
| New Beginning Learning Academy, LLC | $9,565 |
| Huskeys | $7,689 |
| Sweet Mama’S, LLC | $7,200 |
| Starcher Baptist Church | $6,000 |
| Abc Dance | $3,100 |
| Syntransys, LLC | $2,500 |
| Mizz Complete Beauty | $2,083 |
| Jonathan Musselwhite | $1,855 |
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