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 72360
| Name of Borrower | Current Approved Amount |
|---|---|
| Ges, Inc. | $3,041,958 |
| Lee County Cooperative Clinic | $462,879 |
| Crestpark Marianna, LLC | $404,600 |
| Kids for the Future of Marianna, Inc. | $186,000 |
| Lee Academy, Inc. | $164,057 |
| Mcclendon & Mann Gin Company I | $120,135 |
| Frost Flying Maintenance, Inc. | $106,612 |
| Fast Lane Markets, LLC | $100,700 |
| Oxbow Farming Partnership I | $99,325 |
| R. T. Turbines, Inc. | $93,000 |
| Gibson Flying Service, Inc. | $86,725 |
| Carlow, Gentry & Associates, PLLC | $84,500 |
| Soudan Farming Company | $78,532 |
| Terrye B Northcutt CPA PA | $69,735 |
| Russell Company | $65,944 |
| Marianna Warehouse, LLC | $63,507 |
| Harvey's Ace Hardware & Lumber Company | $62,936 |
| Make It Rain, Inc. | $60,950 |
| Dalton Motors, Inc. | $59,200 |
| D & L Loewer Partnership | $57,938 |
| Chad Russell Farms Partnership | $57,352 |
| K & N Farms | $55,200 |
| Mark Gerrard Farms Partnership | $49,225 |
| T & M Farms Partnership | $45,432 |
| Lanny Bosnick & Sons Partnership | $42,100 |
| JLB Farms | $40,452 |
| Smith Insurance Agency of Marianna, Inc. | $37,183 |
| Kitchens Truck Sales, LLC | $36,143 |
| Simmons Eye Center PA | $34,700 |
| Advanced Power Contractors, LLC | $34,600 |
| J & N Farms | $33,438 |
| N & K Reed Farms | $33,400 |
| Martin E Bradshaw & Associated, Inc. | $31,279 |
| Carter Parts, LLC | $30,794 |
| Aubrey Planting Company | $29,900 |
| Bobby W Byrd Trucking | $28,300 |
| Daggett and Perry, PLLC | $27,205 |
| Jeff Hickman Farms | $26,000 |
| Larry Mcclendon Farms JV | $24,995 |
| Palmreed, Inc. | $22,970 |
| Thomas Triplett | $20,833 |
| Traci H. Beene | $20,833 |
| Cheryl Massey | $20,833 |
| Francis Kern | $20,830 |
| Higginbothom PTNSHP | $19,600 |
| Stanley Wayne Lewis Et AL PTR | $18,000 |
| Betterway Plantation | $17,700 |
| Wooten Land Leveling, LLC | $16,800 |
| Stepp Farms JV | $16,327 |
| Borderline Farms JV | $14,947 |
| Garvie D. Yarber | $13,200 |
| A&W Trucking | $13,000 |
| Ebony Hansberry | $11,822 |
| Teresa Larry | $11,530 |
| Jesse B Daggett PA | $10,100 |
| J Huff Trucking, Inc. | $9,600 |
| Conner Welding and Supply Company, Inc. | $9,000 |
| Majestic Liquor, LLC | $9,000 |
| SJC, Inc. | $7,700 |
| City Limit Auto Sales, LLC | $7,580 |
| Daggett Abstract, LLC | $6,900 |
| Mountain Valley Water, Inc. | $5,000 |
| Venessa Milbrooks | $4,900 |
| Andrew Bosnick | $3,800 |
| Michael Gilchrist | $3,600 |
| Angela Wilson | $3,200 |
| Wilson Residential Care | $3,100 |
| TRI County Towing, LLC | $3,083 |
| Harris Trucking | $1,250 |
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