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 |
---|---|
Baylor County Hospital District | $1,034,500 |
Seymour Rehab & Nursing GS, LLC | $253,900 |
Lohman's Tractror Shop, LLC | $108,700 |
Texas Blacktops, LLC | $105,785 |
David Snyder Steel Sales, Inc. | $104,739 |
Robert C. Morris | $89,600 |
Loving Insurance Agency, LLC | $61,707 |
LA Mejor Livestock Company, Inc. | $54,900 |
Vita Auto Parts, Inc. | $51,500 |
Davis Oil Company, Inc. | $51,500 |
SDI Seymour, TX, Main Street, LLC | $48,570 |
Hays Porter Oil Company, LLC | $48,000 |
Gary Niell Trucking | $47,800 |
Garlington and Brown, Incorporated | $47,100 |
Richard E. Meaders, Inc. | $45,600 |
Diamond Bar Cattle Company, LLC | $43,850 |
CMM Grain Company, Inc. | $40,400 |
Jerry Bob Young | $36,682 |
Double C Service Center | $35,890 |
Glenns Welding, LLC | $32,900 |
LDH Ventures, Inc. | $32,714 |
Just Like Home Seymour, LLC | $31,500 |
Cross Bar Dozer Service, Inc. | $29,000 |
Royce W. Miller | $26,654 |
Martin Farms | $26,310 |
Chad Niell | $26,300 |
Texas Orthodontics & General Dentistry | $26,000 |
Keith Beck | $24,833 |
J & J Farms | $24,500 |
Danny Hrncirik Electric, Inc. | $23,800 |
Bayco Meat Processing | $22,800 |
Bobby Robertson, Inc. | $22,100 |
Bunkley and Jones Insurance | $21,690 |
Sidney W. McGuire | $20,833 |
Toni CHU, M.D. | $20,833 |
Amy Kisinger Studer | $20,830 |
Eloisa Banez | $20,800 |
Alberto Banez | $20,800 |
Taylor W. Cooksey | $20,800 |
Kenneth Shipman O. Jr. | $20,800 |
Poverty Flat, Inc. | $20,600 |
J Piper Electric, Inc. | $20,591 |
Kelly A. Kinnibrugh | $20,100 |
Archer Funeral Homes, Inc. | $19,700 |
Joseph P. Pribyla | $19,400 |
Larry Boyd | $19,000 |
John Pribyla | $18,900 |
Robert Crowell Construction | $18,700 |
Whiteside Museum Natural History | $18,200 |
Sagamar INN Seymour, LLC | $17,900 |
'S Paint Body, P.C. | $17,700 |
Darin L. Hays | $17,200 |
Porter Feedlot | $16,300 |
Crystal Kieschnick, CPA | $16,000 |
Kinnico, LLC | $15,856 |
Holub Tire and Service Center | $15,300 |
Baylor County Banner, Inc. | $14,900 |
David Niell | $14,600 |
Harley Portwood Ranch | $13,700 |
Jim Byrd Trucking | $13,450 |
Randal Kinnibrugh | $12,650 |
Donnell Appraisers, LLC | $12,500 |
Seymour Texas Church of Christ | $12,246 |
Ranger Creek Ranch, Inc. | $11,522 |
Sommer J Portwood, LLC | $11,400 |
Dwyer Portwood, LLC | $11,200 |
Maraks Collision Center | $11,200 |
First United Methodist Church | $10,940 |
Crownover Farms, Inc. | $10,600 |
Morgan Farms | $10,500 |
Don Parrott Incorporated | $10,417 |
Daphna Simpson | $10,100 |
Harris Exterminating Service, LLC | $9,600 |
Mindy Morris | $9,100 |
New Maverick Cafe | $9,000 |
HH Creek INN, LLC | $9,000 |
Brad W. McGuire | $8,989 |
Lone Star Realty | $8,900 |
Triple Y Farming | $8,667 |
William H. Portwood III | $8,300 |
Steven M. Dreyer | $8,297 |
Mayers Heating and Air Conditioning | $8,254 |
Dentler Farms | $8,105 |
Royce Stallcup | $7,600 |
R&H Trucking | $6,700 |
Rodney Martin | $6,700 |
Mark Daniel Trucking | $6,700 |
Ricky Wright | $6,700 |
Porter Land & Cattle Company, Inc. | $6,200 |
Jody Hudson | $6,113 |
Joyce Scott | $5,880 |
Sommer J. Portwood | $5,300 |
Johnny Frank Martin | $4,988 |
James A. Smajstrla | $4,900 |
MLW Farms, LLC | $4,100 |
Myers Spraying, LLC | $3,800 |
Audriana Gutierrez | $3,746 |
Kevin Hostas | $3,300 |
Jimmy R. Simek | $2,800 |
Patti Chumley | $2,500 |