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 72396
| Name of Borrower | Current Approved Amount |
|---|---|
| Erwin-Keith, Inc. | $1,436,487 |
| Apex Communications, LLC | $947,000 |
| Kids for the Future, Inc. | $920,000 |
| NMF, Inc. | $692,500 |
| Kids for the Future Therapy Group, Inc. | $671,000 |
| Boaz and Associates, Inc. | $608,600 |
| Heartland Equipment | $398,000 |
| Serengeti Investments, LLC | $392,000 |
| Ross Ford, Inc. | $386,010 |
| Crestpark Wynne, LLC | $355,000 |
| Bull Motor Company | $304,000 |
| Caldwell Discount Drug Company, in | $281,000 |
| East Arkansas Broadcasters of Jonesboro, LLC | $194,000 |
| Mohr, Inc. | $158,355 |
| Caldwell Lumber II, LLC | $150,000 |
| Sonic Drive-in, Wynne, Arkansas, a Limited Partnership | $148,612 |
| Boeckmann & Sons, Inc. | $137,045 |
| Matthews Sweet Potato Farm | $121,434 |
| Southern Care, Inc. | $110,020 |
| Pop's Grill, LLC | $105,300 |
| Wynne Baptist Church | $100,000 |
| Stricklin Plumbing, Inc. | $98,769 |
| Runsick Flying Service, Inc. | $97,510 |
| Anyway Computer Company | $96,900 |
| Hicks Brothers Welding, LLC | $95,558 |
| Witcher Farms, Inc. | $90,500 |
| Eab of Russellville, LLC | $90,000 |
| Childers and Jackson Family Eye Care, Inc. | $90,000 |
| Wynne Medical Pharmacy of Cross County, Inc. | $88,063 |
| Miss Polly's Day Care Center | $84,993 |
| Wynne Apothecary, Inc. | $83,510 |
| Mary Ann Weatherford PA, D.D.S. | $83,000 |
| Lighthouse Retail | $81,893 |
| Therapy Possibilities, Inc. | $80,500 |
| Meyer and Ward, Cpas, P. A. | $80,000 |
| Southern Dental Group, PLLC | $78,572 |
| Ricky L. Price, PA, D.D.S. | $77,673 |
| East Arkansas Broadcasters, Inc. | $76,000 |
| First United Methodist Church | $73,900 |
| Jacob Sutton PA, D.D.S. | $73,325 |
| James Harmon Smith, JR., Ltd., D.V.M. | $70,049 |
| Walker's Learning Academy | $67,000 |
| Mitchell Eye Clinic, PA, Inc. | $66,820 |
| Wynne Progress, Inc. | $65,720 |
| Kool Gas, LLC | $60,487 |
| Robert W. Bassham, P. A. | $59,000 |
| Steve and Chris Davis Farm Partnership | $58,688 |
| Westmoreland Heating & Air Conditioning, Inc. | $57,300 |
| Lolita Enterprises, Inc. | $53,900 |
| Kcwinn Enterprises, Inc. | $52,500 |
| Caney Creek Farm Partnership II | $52,000 |
| David Hill Farms, a Partnership | $51,958 |
| Huevo II | $49,700 |
| Crowley's Ridge Therapies, Inc. | $48,500 |
| Ryce Farm Partnership | $48,048 |
| Omni Omega Planting Company | $47,200 |
| Kool Metal Recycling, LLC | $46,215 |
| Arkansas County Broadcasters, Inc. | $46,000 |
| Mid South Medical Equipment, LLC | $44,840 |
| Hot Stone Pizza, LLC | $44,719 |
| Hooks Towing & Recovery Supply, LLC | $42,240 |
| Rainbow Farms II | $41,100 |
| Johnny Smith | $41,000 |
| Graham Ace Hardware, Inc. | $40,852 |
| Mitchusson Tire Company, LLC | $40,000 |
| J Contractors, LLC | $38,041 |
| Little Sheep Day School, LLC | $37,500 |
| Changes Behavioral Health, LLC | $36,000 |
| Triple D Crop Consulting, Inc. | $34,598 |
| William Brant Burkett Independent Contractor | $34,000 |
| Robinson and Walker Farms, Inc. | $33,870 |
| Meredith Peeler Insurance Agency, Inc. | $32,487 |
| John Boeckman Farm, LLC | $32,172 |
| Randal Wynne Corporation | $32,000 |
| Eab of Morrilton, LLC | $32,000 |
| Kernodle Funeral Home, Inc. | $31,800 |
| Wynne Community Enlightenment Academy | $30,500 |
| Buenavista II, Inc. | $30,265 |
| Delta Designs Cosmetology School | $30,000 |
| Lynaugh Auto Body Shop | $30,000 |
| Robert Lawson V | $30,000 |
| Old Rebel Farms Partnership | $30,000 |
| Ungerank Chiropractic Center, Inc. | $30,000 |
| The Bridge Church | $29,188 |
| Scarbrough Clinic, Inc. | $28,537 |
| Carl Baldwin Construction, Inc. | $28,174 |
| LA Vega, Inc. | $28,149 |
| Roselle Hospitality, Inc. | $27,768 |
| Vincent E Guest, Attorney at Law | $27,536 |
| Stacy Brothers Farm Partnership | $27,174 |
| Jerry Brown | $27,000 |
| Concepts of Truth, Inc. | $27,000 |
| Robert Stacy Farms | $26,988 |
| Elite Properties Real Estate, LLC | $26,250 |
| Roger Brown | $25,000 |
| Star Printing & Office Supply, LLC | $24,390 |
| Handy Rentals of Wynne Arkansas, LLC | $24,107 |
| Farm Country Deli and Grocery, LLC | $24,000 |
| First Assembly of God | $23,900 |
| Bearing & Supply, Inc. | $23,740 |
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