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 |
|---|---|
| SMC Recycling, Inc. | $1,000,800 |
| Yachad, LLC | $300,000 |
| Precision Assembly | $242,000 |
| US Aerospace Corporation | $122,740 |
| Gregory L. Wilson, M. S., D.D.S. | $119,853 |
| Butcher Boy Machines International, LLC | $111,143 |
| Dickey Metal Finishing | $105,400 |
| Juan Antonio Macias | $100,000 |
| S. D. I of Selmer, Tennessee 001, LLC | $97,471 |
| Fullwood Dental Clinic, LLC | $93,755 |
| First Baptist Church of Selmer | $93,155 |
| Maxedon's Automotive, LLC | $87,258 |
| Trinity Medical Clinic, LLC | $76,995 |
| Lynnfield Place, Inc. | $76,052 |
| Deberry Drugs, Inc. | $74,405 |
| Steve Sweat Body Shop, LLC | $71,910 |
| Lott Family Pharmacy, LLC | $71,644 |
| Ronald E. Bell | $71,600 |
| Price Sawmill, Inc. | $67,900 |
| Kevin Redmon & Company | $66,845 |
| Lakeview Baptist Church | $61,900 |
| Brian McDonald | $61,100 |
| Knight Sawmill & Lumber Company | $52,140 |
| D & D Young, Inc. | $51,938 |
| Controlled Water Systems, Inc. | $50,965 |
| Gregory Alan King | $49,700 |
| Tennessee Coil Spring & Stamping Company | $47,187 |
| Danny Roberts | $46,573 |
| Mitchell Eye Center, PLLC | $44,273 |
| Kenneth Hawkins | $43,998 |
| Tobacco Barn, Inc. | $43,734 |
| Ladron Tucker | $42,843 |
| Deusner & Kennedy, Professional Association | $42,800 |
| Jerry L Eskridge | $42,325 |
| ASMS | $39,200 |
| Classic Transportation Service, Inc. | $34,576 |
| Sam Chambers | $33,435 |
| Mcnairy County Publishing, LLC | $32,595 |
| Henry Furniture & Appliance, LLC | $32,510 |
| Norton Law Office, PLLC | $32,093 |
| Milton Nash | $31,895 |
| Andy Williamson | $30,993 |
| Mcnairy County Construction, LLC | $30,851 |
| Mas Components & Coatings, LLC | $29,999 |
| Michael Bernier and Lisa Bernier | $29,895 |
| Zeagler Animal Healthcare, PLLC | $28,720 |
| A M Builders | $28,277 |
| Rick McClain | $26,700 |
| Atkinson Logging | $26,446 |
| Rick Welch Insurance Agency, LLC | $23,000 |
| Inman Brothers Service Center, LLC | $22,458 |
| Lawson Welding, Inc. | $22,200 |
| Ken Seaton, Attorney at Law | $20,763 |
| Smokey Joes, LLC | $20,600 |
| Adria Knight | $20,500 |
| Jimmy Templeton | $20,000 |
| T & T Guns and Ammo, Inc. | $18,876 |
| Selmer Collision Repair, LLC | $18,486 |
| Premier Internal Medicine and Pediatrics | $18,247 |
| Selmer Golf and Country Club, Inc. | $17,925 |
| Selmer Hardware, LLC | $17,600 |
| Leeanna Roemer | $16,340 |
| G & P Printing Services | $16,093 |
| Janavee, Inc. | $15,200 |
| Get' Er Done Equipment Sales and Rentals, Inc. | $14,639 |
| Southern Textiles, LLC | $14,100 |
| Thackers Flooring, LLC | $14,023 |
| Jesus Cares/mcnairy County, Inc. | $13,378 |
| Prestige Installations, LLC | $13,300 |
| B and R Builders, LLC | $13,287 |
| B & L Advantage Insurance Services, Incorporated | $13,000 |
| Mitchell Farms | $11,670 |
| Tj's Auto & Diesel, LLC | $11,145 |
| Selmer Flower Shop, Inc. | $10,602 |
| Kennedy's Kustom Auto | $10,583 |
| Janette Bendall | $9,700 |
| Godfrey, LLC | $9,210 |
| Van D Mcmahan, Attorney at Law | $8,330 |
| Selmer Finance Company | $8,284 |
| Neal Deedy Whitley Construction, LLC | $8,179 |
| Joseph D. Maness | $7,700 |
| El Palomino Mexican Restaurant | $7,618 |
| A-1 Insurance Agency | $7,475 |
| V & D 45 Southmart, Inc. | $7,300 |
| Joseph J. Driscoll | $7,225 |
| Clifford E. Wynn Jr. | $6,868 |
| Life Wind Covenant Church | $6,500 |
| Woodwrx Industries, LLC | $6,386 |
| Emily's House of Style | $6,374 |
| Stars Investments, LLC | $6,232 |
| Robert's Restoration | $6,060 |
| Peeble Hill Tree Service | $5,806 |
| Joe Tacker | $5,683 |
| Kennedy's Auction Service, LLC | $5,400 |
| Neil & Raj, Inc. | $5,209 |
| Angie Maness | $4,992 |
| Jagdish, LLC | $4,420 |
| Allen Murrell III | $4,166 |
| Lori A. Brush | $3,800 |
| Gregory B. Diffee | $3,500 |
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