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 |
|---|---|
| Otto Candies, LLC | $2,000,000 |
| Spahr's Seafood Company, LLC | $600,900 |
| Millennium Industrial Services, LLC | $206,670 |
| TNT Construction Group, LLC | $132,530 |
| Millennium Fabrication, LLC | $68,100 |
| Honor Marine, LLC | $41,665 |
| C & C Custom Woodworks, LLC | $30,619 |
| Arthur Matherne, Inc. | $23,342 |
| Lyle Kerry Doublet | $23,264 |
| Bayou Boat Rentals, Inc. | $23,222 |
| Shane Chaisson | $20,833 |
| KWK Crabs | $20,833 |
| Malcolm J. Vanacor Jr. | $20,833 |
| Nakia Price | $20,833 |
| Dondi Troxler | $20,833 |
| Malcolm Vanacor | $20,833 |
| Reginald Mott | $20,832 |
| Latoya Paul | $20,832 |
| Jordan Simmons | $20,832 |
| Latonja Bovie | $20,832 |
| Aaron Melson | $20,832 |
| Roy A. Comardelle | $20,830 |
| Bart Tregle | $20,800 |
| Floyd Celestine Sr. | $20,520 |
| George Hunter | $20,207 |
| Danielle Honor | $19,165 |
| Bayou Tool Service, LLC | $18,345 |
| Sharrone Scott | $18,125 |
| Ashantian Williams | $18,125 |
| Quentin Green | $18,125 |
| Jordan Roberts | $17,915 |
| Paris Allen | $17,915 |
| Tynel Robinson | $17,707 |
| Jacob Roberts | $17,707 |
| Shanell Singleton | $17,707 |
| Dunn Homes, LLC | $17,690 |
| Southeast Seafood Brokers, Inc. | $17,600 |
| Timothy Roberts | $17,083 |
| Timothy Roberts | $17,083 |
| Eddie Cruse | $17,010 |
| K2 Environmental Services, LLC | $15,207 |
| Hyde Construction, LLC | $14,287 |
| GNO Fitness, LLC | $14,151 |
| Joseph Dempster | $11,721 |
| Derrick Boudreaux | $11,250 |
| Vicki Dunn | $10,684 |
| Brody Guillot | $10,074 |
| Kirt Champagne | $8,225 |
| Lacey Crochet | $8,060 |
| Catherine Vanacor | $7,917 |
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