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 47725
| Name of Borrower | Current Approved Amount |
|---|---|
| Flanders CR Acquisition, Inc. | $9,323,902 |
| Midwestern Pet Foods, Inc. | $3,577,500 |
| Anchor Industries, Inc. | $3,157,300 |
| Evapar, Inc. | $1,830,100 |
| Leed Selling Tools, Corporation | $1,775,200 |
| Western Excelsior Holdings, LLC | $1,338,600 |
| C. E. Taylor Oil, Inc. | $1,283,800 |
| Trurehab, LLC | $1,114,752 |
| Enviroplas, Inc. | $1,012,970 |
| Innovative Consulting Group, LLC | $966,200 |
| Southwind Construction Corporation | $840,600 |
| JBI Construction, Inc. | $788,700 |
| Industrial Filter Manufacturers, Inc. | $614,900 |
| Alvey's Sign Company, Inc. | $605,000 |
| Tim Klenck Demolition, LLC | $552,200 |
| Lovelace Management, Inc. | $545,000 |
| DG Tomorrow, Inc. | $486,600 |
| Prolam Products, Inc. | $451,200 |
| Christian Fellowship Church | $424,800 |
| E. L. Walters Air Conditioning & Heating, Inc. | $417,900 |
| Husk Signs | $411,300 |
| Mark Hisle, Inc. | $407,800 |
| Pet Food Center, LLC | $404,960 |
| US Transloco, LLC | $377,700 |
| Vision IV, Inc. | $376,920 |
| Koberstein Contracting, Inc. | $362,200 |
| Rodentpro.com, LLC | $361,800 |
| Basden RV Center, Inc. | $356,700 |
| Utility Pipe Sales of Indiana, Inc. | $328,500 |
| Sabean, LLC | $324,200 |
| Tri-State Cheesesteaks, LLC | $317,700 |
| All Type Hydraulics | $314,600 |
| Utility Pipe Sales Company, Inc. | $304,300 |
| Tri-State Aero, Inc. | $284,000 |
| Pallet Recyclers, LLC | $267,740 |
| Duncan's Carpet Cleaning, Inc. | $231,600 |
| Ace Extrusion, LLC | $230,000 |
| Powers Engineering, Inc. | $217,500 |
| Cici Boiler Rooms, Inc. | $214,230 |
| Ingen Technologies, Inc. | $211,000 |
| PMG Tree Cane & Landscape Company | $210,900 |
| Tangles Total Hair Care, LLC | $207,000 |
| Double C Construction, LLC | $197,132 |
| Oak Meadow Country Club, Inc. | $185,800 |
| Bauer's Grove Bauerhaus, Inc. | $165,400 |
| Ted Hoesli Diesel Service, Inc. | $165,295 |
| Koberstein Rental & Sales, Inc. | $160,400 |
| Polyram Compounds, LLC | $160,000 |
| Blue Grass United Methodist Church | $155,200 |
| Secure Core Evansville, LLC | $151,500 |
| Hornets Nest Restaurant and Bar, LLC | $150,600 |
| Leed Logistics, LLC | $147,000 |
| B & Z Diving Services, LLC | $146,800 |
| JWK Management Group, LLC | $145,100 |
| Elite Management, LLC | $137,805 |
| Leakmaster Incorporated | $133,420 |
| BMG, Inc. | $133,000 |
| Fisher Tool & Design, Inc. | $127,600 |
| Blue Ribbon Courier, Inc. | $118,700 |
| Elpers Truck Equipment, LLC | $117,000 |
| G R Freeman Heating and Air Conditioning, Inc. | $105,000 |
| MT Pleasant Child Development Center, Inc. | $104,600 |
| Sularr, Inc. | $103,980 |
| Horizon Contracting, Inc. | $101,615 |
| Zuki, Inc. | $100,900 |
| Alsman, Inc. | $100,000 |
| Roberts Construction Services | $100,000 |
| Northwoods Church SBC, Inc. | $97,800 |
| All American Tile | $96,417 |
| Sub Two, Inc. | $96,025 |
| Madstache, Inc. | $95,788 |
| JCS Wildlife, LLC | $95,500 |
| Roca Bar North, LLC | $93,297 |
| St. John the Evangelist Catholic Church | $93,200 |
| Jason M Kuester LLC D.D.S. | $92,600 |
| Hobgood Post Frames, Inc. | $89,400 |
| Haub Steakhouse, LLC | $85,000 |
| Los Tequila, Inc. | $80,400 |
| Vieira Brothers, Inc. | $78,200 |
| Evansville-Vanderburgh County Convention and Visitors Commis | $70,975 |
| Edgetek, Inc. | $70,800 |
| Sohn & Associates, Ltd. | $70,000 |
| Fee Construction, LLC | $70,000 |
| Professional Kennel Club, LLC | $68,085 |
| SB Imaging, LLC | $62,500 |
| Odyssey Construction, LLC | $59,800 |
| Santoshi MA Hospitality, Inc. | $59,340 |
| Prokuma Incorporated | $57,700 |
| Slopbucket, LLC | $55,600 |
| Gracie's Chinese Cuisine, Inc. | $53,200 |
| Thomas Companies of Evansville, Inc. | $50,700 |
| S & S Commercial Cleaning, Inc. | $49,995 |
| Mccutchanville United Methodist Church, Inc. | $49,700 |
| R R Rexing Farms, Inc. | $49,430 |
| Stephen R & Eleanora M Elpers | $48,374 |
| Daylight Hydraulics, Inc. | $48,000 |
| Gehlhausen & Son Drywall, Inc. | $47,900 |
| Backyard Fences & Decks, LLC | $47,700 |
| Elite Line Striping, LLC | $47,400 |
| Epperson Veterinary Services, LLC | $46,281 |
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