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 100 largest PPP loans in 2020 in ZIP Code 72916
| Name of Borrower | Current Approved Amount |
|---|---|
| Arkansas Colleges of Health Education | $2,544,700 |
| Pruitt Tool & Supply Company | $2,441,100 |
| Logistics Warehouse, Inc. | $729,200 |
| Frank Sharum Landscape Design, Inc. | $558,600 |
| Integrity Slickline Services, LLC | $487,600 |
| Prime Physicians, LLC | $484,800 |
| Johnson Dermatology Clinic, PLLC | $473,510 |
| T & J Specialty Contractors, Inc. | $439,900 |
| Greenview Lawns, Inc. | $421,200 |
| Markham Restaurant Supply, Inc. | $318,100 |
| Harvey-Preston Electric Company, Inc. | $283,300 |
| Medical Holdings, Ltd. | $275,100 |
| HSA Engineering Consulting Services, Inc. | $254,300 |
| Jam Investments, LLC | $247,600 |
| Hilr Partners, LLC | $228,700 |
| Bone Construction Company, Inc. | $203,100 |
| Anderson-Martin Machine Company | $197,200 |
| Leisure Hospitality, Inc. | $192,100 |
| Meadows Construction Company, Inc. | $191,280 |
| Premier Pediatrics, PLLC | $190,900 |
| Hifs Partners, LLC | $183,900 |
| Big Chief Broadcasting Company | $177,420 |
| R. U. M., Inc. | $176,700 |
| PL & W Holdings, Inc. | $168,750 |
| Mahg Architecture, Inc. | $158,600 |
| K & E Investments, Inc. | $121,800 |
| River Valley Floral Distributors, Inc. | $120,300 |
| West-Ark Sod, Inc. | $119,997 |
| JJRK Investments, LLC | $117,800 |
| R. W. & Son Pipeline Construction, Inc. | $106,760 |
| Sharum's Garden Center, LLC | $104,500 |
| Western Arkansas Plastic and Reconstructive Surgery Center | $102,250 |
| Butler Professional Installation, LLC | $100,000 |
| IN Stock Parts, LLC | $93,900 |
| Brixey Engineering & Land Surveying, Inc. | $80,328 |
| Ace Fence Company, Inc. | $71,935 |
| Pro-Care Family Health of Arkansas, LLC | $71,700 |
| Women's Center for Health & Wellness, PLLC | $71,200 |
| Shipley & Sills Family Practice, PLLC | $69,885 |
| Sonic Drive in Burrough Road, Inc. | $67,700 |
| After5 Ventures, LLC | $67,400 |
| Lovvorn Trucking Corporation | $66,400 |
| Norma Smith PA, M.D. | $66,217 |
| Jon's Service Center, Inc. | $65,300 |
| Sharum Garden Center, NWA, Inc. | $64,900 |
| Distributed Control System Radio Communication, Inc. | $63,800 |
| CSK Partners, LLC | $63,300 |
| Davis Structural Steel, Inc. | $61,500 |
| Keystone Family Clinic, PLLC | $60,000 |
| Hogback Exploration, Inc. | $59,800 |
| Roberson Transportation, Inc. | $59,600 |
| Zero Mart, Inc. | $56,100 |
| Elite Exterminating, Inc. | $55,463 |
| Speer Foods, Inc. | $54,660 |
| Crane Clothing Company, LLC | $54,600 |
| Distillery Liquor of FS, LLC | $54,000 |
| Wohali, LLC | $53,542 |
| Coffee. ORG, Inc. | $52,200 |
| Rowe Sheet Metal Works, Inc. | $51,060 |
| Blev-Con Construction, Inc. | $50,122 |
| Riley Farm Dental & Braces | $46,000 |
| CMC Asset Management, LLC | $45,100 |
| Pharmacy Specialties Group, Inc. | $44,200 |
| JBL, LLC | $43,600 |
| Khan Surgical Association, PLLC | $41,667 |
| Chill Factor Mechanical | $38,000 |
| Bobby's Plumbing Service, Inc. | $37,800 |
| Pediatric Therapy Connections, LLC | $36,800 |
| Links at Chaffee Crossing | $34,815 |
| J. K. Payton, Inc. | $33,630 |
| Joe Dye | $33,500 |
| Didier Properties, LLC | $33,400 |
| Rick's Used Auto Parts, Inc. | $33,017 |
| Smity Oilfield Services, LLC | $29,740 |
| Advanced Mechanical Automation Company, Inc. | $26,500 |
| Prestige Aviation Worldwide, LLC | $25,800 |
| Fort Smith Hand Therapy, LLC | $25,700 |
| WC Kindrick, PLLC M.D. | $25,535 |
| Express Tree & Landscaping Services, LLC | $25,000 |
| Best Floors, Inc. | $24,737 |
| Marja JLX, LLC | $24,000 |
| Ethan Gammill Agency, LLC | $23,760 |
| Economy Trailer and Feed, Inc. | $22,800 |
| Canvashq Partners, LLC | $22,400 |
| Echo Ministries, Inc. | $21,344 |
| Kelly Harrison | $20,833 |
| M Anesthesia, PLLC | $20,832 |
| Landy Jones | $20,832 |
| Rosas, LLC | $20,830 |
| Bradley R. Leamy | $20,800 |
| Thomas R Wood Do PA | $20,800 |
| Pinnacle Turf, LLC | $20,400 |
| Nina Abernathy | $20,005 |
| Waste Services Consulting, LLC | $20,000 |
| Evans Driling Fluids Specialis, Inc. | $20,000 |
| Fort Smith Brewing Company | $19,855 |
| Jansen Cattle, LLC | $19,250 |
| C a Williams, Inc. | $19,200 |
| Truong Son Supermarket, Inc. | $19,000 |
| FRK, Inc. | $18,862 |
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