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 65632
| Name of Borrower | Current Approved Amount |
|---|---|
| Rocking Chair2, LLC | $76,100 |
| Rifenburg Excavating and Concrete, LLC | $55,900 |
| Conway Family Clinic | $51,247 |
| Stephen Runyon | $44,623 |
| Pro Gas, LLC | $41,317 |
| Kevco Industries, LLC | $41,100 |
| Midwest Chairs, LLC | $32,472 |
| R & R Core Management & Consulting | $29,000 |
| Archer Construction | $27,200 |
| 417 Fencing | $26,800 |
| John I. Percival | $20,800 |
| Darrell Nickell Shelter Insurance | $20,000 |
| Davis Diesel Trucking, LLC | $12,792 |
| Huckaby Construction, LLC | $10,885 |
| David D. Marlin | $10,558 |
| Bertoldie Powersports | $10,000 |
| David Harpham | $9,374 |
| Nailed It Fencing | $8,800 |
| Dill Trucking | $7,935 |
| Jason Creasy | $7,925 |
| Chris Stevens Construction | $7,800 |
| Roy Montgomery | $7,593 |
| Randy Forbes | $6,612 |
| James W. Henson | $6,175 |
| Blankenship Flooring & Construction, LLC | $5,932 |
| This N That & Wheels | $5,000 |
| Splash & Dash Dog Grooming | $4,500 |
| David Rumfelt | $4,155 |
| Danny Burns | $4,067 |
| Dairus Dudley Construction, LLC | $3,295 |
| Trenton Forbes | $3,050 |
| Burns Track Loader Service, LLC | $2,970 |
| Gary Austin Blankenship | $2,966 |
| John P. Clinkenbeard | $2,560 |
| The Cowlick, LLC | $2,032 |
| First Baptist of Conway | $1,800 |
| Dylan Clift | $1,224 |
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