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 72949
| Name of Borrower | Current Approved Amount |
|---|---|
| Ozark Nursing Home, Inc. | $736,100 |
| Precision Rathole, Inc. | $321,100 |
| Patriot Underground Solutions Specialists, LLC | $200,200 |
| Ozark Autos, Inc. | $195,259 |
| Jason D. Woolsey, P. A., D.D.S. | $139,600 |
| C. A. Kuykendall, Inc. | $133,500 |
| Franklin County Learning Center | $122,000 |
| Southeast X-Ray, Inc. | $118,200 |
| Medi-Quik Pharmacy, Inc. | $105,600 |
| Wave Rural Connect, LLC | $92,930 |
| Exit 37 Truck Service | $73,300 |
| I-40 Livestock Auction, Inc. | $71,713 |
| Pauncho, Inc. | $71,700 |
| Shaffer Funeral Homes, Inc. | $70,100 |
| Westbrook Medical Clinic P. A. | $67,700 |
| BFM Restaurunts | $65,000 |
| Craig Cook & Associates, Inc. | $58,860 |
| Byrd's Adventure Center, Inc. | $56,700 |
| River Bend Molding, Inc. | $55,100 |
| Stephen Outlaw | $55,032 |
| Calvary Missionary Baptist Church | $54,400 |
| Heffington Insurance, Inc. | $44,747 |
| Adams Abstract & Title Company, Inc. | $43,000 |
| Turner Bend, Inc. | $42,015 |
| Boston Mountain Healthcare Services, Inc. | $40,900 |
| Ken's Towing, Inc. | $38,967 |
| Dyna-Serv, LLC | $37,200 |
| L C Farm Services, LLC | $36,683 |
| Ozark Wellness Clinic, PLLC | $36,500 |
| Dr. Steve A. Roberts Optometrist | $33,700 |
| Franklin County Senior Citizen Center | $33,600 |
| Ozark Communications, Inc. | $33,390 |
| Do-Drop-in Grocery, LLC | $32,025 |
| First United Methodist Church of Ozark | $31,350 |
| Roma Italian Restaurant, Inc. | $30,300 |
| Wayne's Auto Supply, Inc. | $29,240 |
| Witt Law Firm, P.C. | $27,700 |
| Dari-Delite West of Ozark, Inc. | $27,000 |
| Bowman & Bowman, Inc. | $26,618 |
| E&e Auto Sales | $24,840 |
| Pj's Fina | $24,500 |
| 2 Guys and a Grill, LLC | $23,005 |
| E & E Mowers, Inc. | $21,514 |
| Ozark Spectator, Inc. | $21,500 |
| Days Backhoe, Inc. | $21,010 |
| Clear Creek Baptist Association | $20,300 |
| Lipe & Garner, Inc. | $19,600 |
| Kemper Edgin | $18,300 |
| Madhav Hotels, LLC | $18,200 |
| Anderson Heating & Air of Ozark | $17,902 |
| Pig Trail Liquor, Inc. | $17,700 |
| Webb City Convenience, LLC | $17,360 |
| Dearmond Chassis & Paint, LLC | $16,151 |
| D Cameron, Inc. | $15,100 |
| D & H Wood Products, LLC | $14,531 |
| Mike Ivy Construction, Inc. | $14,400 |
| Graham Gas Consulting, Inc. | $13,100 |
| J & B Oxford Partners | $12,067 |
| R & K Plumbing | $11,600 |
| Command Radiology Solutions, Inc. | $10,900 |
| Toby Hogan | $10,632 |
| A Raza & Associates, LLC | $9,460 |
| R K Mart, Inc. | $9,400 |
| Toby Hogan, Inc. | $9,375 |
| Williams Plumbing Company of Ozark, Ltd. | $9,300 |
| M B Agency, Inc. | $9,211 |
| Tolbert's Plumbing & Electric | $8,700 |
| Baptist Vista Camp, Franklin County, Arkansas | $8,656 |
| Chambers Electric, Inc. | $8,600 |
| Ozark Recreation Association | $8,015 |
| Southern Valley Rehab, Inc. | $7,900 |
| Boardman Speech Pathology, Inc. | $7,500 |
| Airport Road Express Lube, Inc. | $7,308 |
| Nick Ratnaransy | $6,845 |
| 352 Services, LLC | $6,700 |
| Ozark Free Will Baptist, Inc. | $6,700 |
| Windmill Electric, LLC | $6,600 |
| Sory Farms, LLC | $6,423 |
| Ozark Area Chamber of Commerce, Inc. | $6,200 |
| Wag Enterprises, Inc. | $6,100 |
| Christopher D. Brockett, P. A. | $5,500 |
| Parrish Agency, Inc. | $5,400 |
| Main Street Ozark, Inc. | $5,304 |
| Bethena Reynolds | $5,200 |
| Holman Insurance, Inc. | $5,000 |
| Womack Family Enterprises | $4,786 |
| Ozark Insurance Services, PLC | $4,595 |
| Hillbilly Realty, Inc. | $4,400 |
| Kurtis Kimsey | $4,200 |
| Shanda's Hair Care | $3,842 |
| Shari's Dari Delite, Inc. | $3,629 |
| Bobby Don Walker | $3,200 |
| Thompson Family Chiropractic, Inc. | $3,100 |
| Destiny Cox | $2,986 |
| Cynthia Mainer | $2,921 |
| Stephen Outlaw | $2,700 |
| Dustin A. Walker | $2,700 |
| Quality First Collision Center | $2,664 |
| R & Y Legacy, LLC | $2,500 |
| Bobby D. Walker | $2,400 |
| Heather Cloos | $2,058 |
| Needing Pause Massage, LLC | $2,000 |
| Arkansas Meats Slaughter House | $1,900 |
| Ox Bend Brewing Company | $1,800 |
| Kathy J. Wootton | $1,688 |
| The Barber Shop | $1,500 |
| Dutton Electric, LLC | $1,500 |
| Kim Kimsey | $1,200 |
| Arkansas Meats Slaughter House | $300 |
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