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 62839
Name of Borrower | Current Approved Amount |
---|---|
County of Clay | $2,772,455 |
Clay Electric Cooperative, Inc. | $345,617 |
Clay County Rehabilitation Cen | $293,000 |
Southern Illinois Workers, Inc. | $255,512 |
Bindon Enterprises, Inc. | $199,122 |
Car Corral | $183,000 |
DSI Flora Operator, LLC | $154,223 |
Mccarthy Management, Inc. | $144,495 |
Timco Transportation, Inc. | $109,681 |
DC Weld, Inc. | $100,735 |
Leo Frank Hettiger | $81,220 |
Darrin Hout Farms | $79,567 |
2B Restaurant, Inc. | $74,222 |
The Country Closet, Inc. | $72,829 |
E & H Hardware, Inc. | $65,110 |
Justin Cook Management, LLC | $61,850 |
Lorson, Inc. | $54,037 |
North Wayne Insurancy Agency, Inc. | $53,975 |
Southern Illinois Smiles | $50,570 |
H & R Communications, Inc. | $48,535 |
Troy E. Leonard | $48,460 |
Flora Auto Parts, Inc. | $48,339 |
Anthonys | $47,135 |
The Burge House | $45,427 |
Precision Eyecare Center-Flora Location, LLC | $42,680 |
Julians | $42,650 |
Clay County Funeral Services, Inc. | $41,300 |
Bspeedy Wireless, Inc. | $39,495 |
Warrior Logging & Perforating, Inc. | $38,595 |
D. A. Bailey Retail, Inc. | $38,210 |
J Calvin Wilson PC, D.D.S. | $37,700 |
No More Nicotine #1 of Flora | $37,295 |
Los Cazadores, Inc. | $35,700 |
Dependable Machine & Repair, LLC | $35,638 |
Flora Lumber Company, Inc. | $35,330 |
Oil Belt Christian Service Camp, Inc. | $35,235 |
Mark Strange, Inc. | $32,690 |
Richard Rudy Financial Services, Inc. | $32,074 |
Morethanmotion, Inc. | $30,425 |
Andy's Auto Body | $30,295 |
Yongxin Enterprises, Inc. | $29,949 |
Meagher Sign & Graphics, Inc. | $29,830 |
Coble & Milone | $27,831 |
Hower's Well Service | $27,782 |
JW Heating & Air Conditioning | $26,282 |
Mike Kitley | $26,040 |
Land Grain Farms, LLC | $25,145 |
Ashok Kumar, PC, M.D. | $24,755 |
Luttrell Backhoe, Inc. | $24,200 |
Barry Bright Attorney at Law | $20,835 |
Robert A. Briscoe | $20,835 |
Amber Holste | $20,832 |
Noble Engineering Consultants | $20,800 |
OK Automotive Machine Shop, Inc. | $20,782 |
Jonathan Wilson | $20,700 |
Clay County Chiropactic, Inc. | $20,104 |
Andrew S. Klein | $19,370 |
Headlee's Body Shop & Wrecker Service | $19,225 |
John Brentlinger Trucking, Inc. | $19,100 |
Vance Pettit | $19,050 |
Law Office of Mary Beth Welch Collins, P.C. | $18,997 |
Hargis Glass Plus, Inc. | $18,890 |
Kent A. Kitley | $17,760 |
Charles J. Warren | $17,380 |
Welty Construction, Inc. | $17,072 |
Mark Tungate | $16,173 |
Stanford Marketing, LLC | $15,750 |
Briscoe Surplus Sales | $15,585 |
Lisa Erbacher Country Financial | $15,435 |
Sally's, Inc. | $15,050 |
Angela's Village Florist | $14,097 |
Booth Resources, Inc. | $14,040 |
Troy Kitley | $13,925 |
Brent Bullard | $13,100 |
Nortons Landscape, LLC | $12,584 |
Lazy B. Honey Bee Ranch | $12,575 |
William E. Klein | $12,319 |
Paige A. Earleywine | $12,040 |
Flora Chiropractic, LLC | $12,000 |
Flora Battery and Alternator | $11,976 |
Joshua R. Brinkley, LLC | $11,585 |
Eaeb, LLC | $11,527 |
St. Stephen Catholic Church | $11,400 |
Adam Smith | $11,369 |
Kathleen A. Cook | $10,995 |
Phil Wiley Rental Properties | $10,935 |
Amy Lee Realty, LLC | $10,620 |
Back to Action | $10,595 |
Ann Hout | $10,570 |
Jamie Harvel | $10,280 |
Artdean Warren Jr. | $9,676 |
Chad Lewis | $9,500 |
Dean Lewis | $8,950 |
Lisa Cash Financial Services, Inc. | $8,610 |
Henry J. Hilmes | $8,340 |
Cuttin Up Hair Salon | $7,685 |
Clay County Amusements | $7,649 |
Todd Woodrow | $7,500 |
William E. Klein Jr. | $7,450 |
Rickey D. Gill | $7,365 |
East END Still, LLC | $7,015 |
Flora Golf & Country Club, Inc. | $6,622 |
Huckleberry Trucking | $6,415 |
Delia's Cleaning Service | $5,917 |
Brittany Woods-Cook | $5,385 |
M & T Trucking | $4,995 |
Allure Hair Studio | $4,932 |
Tina Trendsetters | $4,625 |
Nyal Dickey | $4,600 |
Wiley Realty Group, LLC | $4,591 |
Tammie Jo's Meal House, Inc. | $4,565 |
M&wcleaning Services, LLC | $4,350 |
Debbie Lamb | $4,200 |
Hilliard's Auto Repair, Inc. | $3,595 |
Faith Lutheran Church | $3,550 |
Gerald Klein Garage, Inc. | $3,375 |
Valbert Feed Store | $3,240 |
Two Glitzy Girls Boutique | $3,232 |
The Cutting Edge | $3,150 |
Nannette J. Richards | $2,975 |
Kalpana, Inc. | $2,500 |
Kevin E. Welty | $2,495 |
Robert Boswell | $2,380 |
Rod Carpenter, Inc. | $2,337 |
Niel R. Sanders | $2,190 |
Dalton Hilmes | $2,150 |
Garry's Auto Center | $2,147 |
Flora Motel | $2,075 |
Julie M. Galloway Pottorff | $1,970 |
Shelly Bowen Salon | $1,865 |
Debra A. Hodges | $1,395 |
James Pennington | $1,270 |
Mary Jean's Shear Attractions | $1,225 |
Rodney Hawkins | $1,200 |
Memorial Lane Flowers | $1,125 |
Kel Kay Cams Treats | $1,110 |
Colton Kitley | $1,020 |
Old Guy Plumbing | $1,020 |
Hamilton Repair | $985 |
Spicer Lawn Care | $865 |
Stanford Construction, Inc. | $602 |