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 |
|---|---|
| Palmetto Automatic Sprinkler Company, Inc. | $2,596,000 |
| The Marwin Company, Inc. | $1,818,500 |
| Triad Enterprises, Inc. | $1,597,017 |
| CDJ Bulk Express, Incorporated | $894,477 |
| Carolina Fabricators, Inc. | $630,202 |
| Southeastern Equipment & Supply, Inc. | $518,805 |
| Senn Bros., Inc. | $504,783 |
| Kwon, LLC | $340,586 |
| Becker Complete Compactor | $318,800 |
| Ryan Brewer Enterprises, LLC | $293,902 |
| Palmetto Design Associates, Inc. | $275,500 |
| Dixiana Steel Company | $272,827 |
| Severts of Columbia, LLC | $240,300 |
| Severt & Sons Produce Columbia, Inc. | $196,600 |
| Krantz Kooling & Heating, LLC | $169,300 |
| M & W Towing, LLC | $168,800 |
| Southern Produce Incorporated | $139,000 |
| South Carolina Farm Bureau Services, LLC | $128,296 |
| DBD Trucking, Inc. | $118,900 |
| Hard 8, Inc. | $107,200 |
| CW Cayce, LLC | $104,500 |
| D & B Tractor Trailer Repair, Inc. | $101,000 |
| J L Taylor, Inc. | $84,386 |
| Straight Line Painting | $80,900 |
| Pine Ridge Investors | $74,100 |
| Clean Metro, Inc. | $71,100 |
| Newman & Son Concrete and Construction Company, Inc. | $70,122 |
| Ayer & Price Fruit Company, Inc. | $69,109 |
| A Team Logistics, LLC | $66,600 |
| Bauer Construction, Inc. | $50,600 |
| D. R. Jones Heavy Construction, Inc. | $47,500 |
| Charwood Golf Club, LLC | $46,525 |
| JMS Fence Company, Inc. | $40,200 |
| BNA Electric, LLC | $38,327 |
| Troy G Trucking, LLC | $37,200 |
| L & N Produce Company, Inc. | $32,500 |
| Ron Johnson Heating & Air, Inc. | $30,578 |
| Clayborn Auto Sales, Inc. | $29,470 |
| K&K Printing Company | $27,200 |
| Hotcoolfix | $25,700 |
| Cayce One, LLC | $24,250 |
| Hawley's Tree Service, LLC | $24,030 |
| Jackson Construction & Supply Company, Inc. | $23,200 |
| Contract Building Systems, LLC | $22,150 |
| Bhavani Properties, LLC | $19,302 |
| Johnny Krantz | $16,800 |
| Heritage Home Inspections, Inc. | $15,477 |
| Austin Drilling, Inc. | $13,910 |
| Mascam Logistics, LLC | $13,850 |
| MTM Transport, LLC | $13,600 |
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