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 71270
| Name of Borrower | Current Approved Amount |
|---|---|
| Hunt Guillot & Associates, LLC | $8,223,124 |
| Argent Financial Group, Inc. | $5,171,639 |
| Hunt Forest Products, LLC | $5,132,891 |
| Pafford Emergency Medical Services, Inc. | $2,931,700 |
| Green Clinic, LLC | $1,928,750 |
| Paramount Prince Rehabilitation, LP | $1,886,387 |
| Green Clinic Management Company, LLC | $1,572,500 |
| Lincoln Builders, Inc. | $1,286,000 |
| Lincoln Healthcare, LLC | $961,657 |
| Cedar Creek | $789,698 |
| New Day Recovery, LLC | $766,100 |
| Jim Taylor Ford Lincoln Mercury, LLC | $732,330 |
| Allegiance Health Center of Ruston, LLC | $726,445 |
| Courtesy Chevrolet Buick GMC Cadillac of Ruston, LLC | $687,500 |
| Robbins Irrigation Mart, Inc. | $632,500 |
| Duncanville Nursing, Ltd. | $619,318 |
| Community Bridges South, Inc. | $573,180 |
| Prince & Luffey, LLC | $552,789 |
| Walpole Tire Service, LLC | $542,000 |
| Albritton Service Company, LLC | $506,950 |
| M&M Automotive of Louisiana, LLC | $483,300 |
| Infosytech Solutions, Inc. | $460,800 |
| Lincoln Agency, LLC | $421,812 |
| Mckinney Saw and Cycle, Inc. | $420,896 |
| Frosty Factory of America, Inc. | $416,500 |
| Red Rock Rentals, LLC | $395,778 |
| Temple Baptist Church of Ruston, Louisiana, Inc. | $390,100 |
| People Centered Support Services, Inc. | $382,347 |
| Pattons Service Company, Inc. | $364,281 |
| J. M. Property Management, Inc. | $349,000 |
| Ruston Maintenance Services, LLC | $343,025 |
| Riley Company of Louisiana, Inc. | $343,000 |
| Rolling Hills Ministries, Inc. | $306,300 |
| PCI Electric, LLC | $301,688 |
| Courtesy of Ruston, LLC | $297,912 |
| Taylor-Robertson, LLC | $297,098 |
| Triad Builders of Ruston, Inc. | $290,602 |
| Platinum Energy Services, LLC | $275,427 |
| Freeman Lumber, LLC | $273,800 |
| Community Bridges West, Inc. | $265,478 |
| Royal Restaurants, LLC | $262,800 |
| Ruston Glass & Mirror Company, Inc. | $262,400 |
| Gunsmoke Energy Services, LLC | $252,191 |
| Trinity United Methodist Church | $251,800 |
| Concept Industrial Systems, LLC | $248,202 |
| American Audio, Inc. | $248,000 |
| Miller Pharmacy Services, LLC | $235,012 |
| Sterling Associates, Inc. | $234,522 |
| Peach Tree Dental Holdings, LLC | $231,636 |
| Ewing Timber, LLC | $231,320 |
| Thrifty Loans, LLC | $224,495 |
| Mark Johnson Plumbing, LLC | $223,480 |
| Creole Nourriture, LLC | $217,800 |
| Log Cabin Mesquite Grill, LLC | $217,014 |
| The First Baptist of Ruston Louisiana | $215,930 |
| HI-Technician Computers of Ruston, Inc. | $213,753 |
| Twin Oaks Nursery, Inc. | $208,807 |
| Crossmark Management Group, LLC | $204,088 |
| The Bridge Community Church | $200,952 |
| BGC Advantage, LLC | $195,864 |
| T L James and Company, Inc. | $195,490 |
| Hood Petroleum, Inc. | $195,385 |
| People Unlimited, Inc. | $190,806 |
| Quarles Restaurant Group, LLC | $188,117 |
| Ruston Tractor, Inc. | $184,677 |
| D & H Wholesale Medical, Inc. | $183,890 |
| Louisiana Center for the Blind | $178,865 |
| T. J. Pearce & Company, Inc. | $169,619 |
| Tommy's Tees, Inc. | $169,337 |
| Creole Nourriture II, LLC | $168,600 |
| BKM Enterprises, LLC | $164,823 |
| Moriah Management, LLC | $158,832 |
| Hill Medical Services, LLC | $156,392 |
| KLS Physics Group, LLC | $155,355 |
| Training Logic, Inc. | $155,300 |
| Jackson Parish Therapy Center | $150,900 |
| Bulldog Field Services, LLC | $149,100 |
| Red Peach, LLC | $146,947 |
| S&B of Ruston, Inc. | $144,509 |
| Iron Oakenergy, LLC | $144,200 |
| Ruston Newspapers, Inc. | $139,242 |
| National Jewelry Company, Inc. | $138,145 |
| Durrett Law & Title, LLC | $137,600 |
| Ruston Aviation, Inc. | $133,625 |
| South Parkway Church of God, Ruston, Louisiana, Inc. | $131,709 |
| Mcintyre & Associates, Inc. | $130,323 |
| Emmanuel Baptist Church | $130,283 |
| Maria S Broyles, LLC | $130,000 |
| Motor Parts Service of Ruston, Inc. | $127,520 |
| Northwood Medical Center, APMC | $126,000 |
| Hot2cold Heat, Air Conditioning, Electrical, LLC | $125,967 |
| Michael L Walpole Architect, LLC | $124,000 |
| Nancy Transportation, LLC | $122,872 |
| Pafford Air of Mississippi, LLC | $121,938 |
| Johnston Dental Care, LLC | $118,600 |
| Petstar of Ruston, LLC | $116,543 |
| Patrick Stuckey, L. L. C., D.D.S. | $114,700 |
| Montessori School of Ruston, Inc. | $112,000 |
| Going Yard, LLC | $111,364 |
| Sonic Drive-in, Ruston, LA, Farmerville Highway, LLC | $111,000 |
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