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 72442
| Name of Borrower | Current Approved Amount |
|---|---|
| CHC Manila Nursing Center, LLC | $335,704 |
| T. W. Wagner, Inc. | $258,293 |
| Sonic Drive-in of Manila, LLC | $115,357 |
| A&H Enterprises, Inc. | $95,173 |
| Delta Drug, Inc. | $81,500 |
| Bruce T. Wilson PA, D.D.S. | $69,510 |
| Lammers Farms | $62,948 |
| Exterior Innovations, LLC | $62,300 |
| Harolds Furniture | $60,718 |
| H and M Flying Service, LLC | $54,400 |
| Towell & Sons Auto Sales, Inc. | $46,464 |
| First Baptist Church of Manila, AR | $45,100 |
| Delta Behavioral Health, LLC | $44,227 |
| Bell's Sod Farm, LLC | $39,000 |
| Heath Donner Farms | $32,100 |
| 1812 Pizza Company Hilltop | $27,750 |
| Jimmy E. Hicks | $25,400 |
| Amar Gas, LLC | $24,434 |
| Paul Wayne Hicks Farms | $24,100 |
| Cotton Services, Inc. | $21,900 |
| Wildy Farms North, Inc. | $21,849 |
| Sentinel Aviation, LLC | $21,800 |
| The Rose Company | $21,800 |
| Delta Consulting & Real Estate, LLC | $20,833 |
| Jimmy Paul Baugher | $20,833 |
| Faith Funeral Services, LLC | $20,400 |
| Freddie or MRS Raydo Veach | $20,200 |
| Charles E. Fleeman | $19,608 |
| Chickasaw Farms, Inc. | $19,600 |
| LA Cascada Mexican Restaurant and Grill of Manila, Inc. | $19,500 |
| Davis Built, LLC | $18,910 |
| Earl H Wildy, Inc. | $18,567 |
| Wildy Farms South, Inc. | $18,510 |
| Costner & Sons Farms | $17,307 |
| Blackwater Farms Partnership | $17,200 |
| Wells Family Eyecare, PA | $16,426 |
| B & G Heat and Air | $15,500 |
| Midsouth Mosquito Control, LLC | $13,500 |
| Big Lake Country Club, Inc. | $13,200 |
| David Wildy Farms Partnership | $12,957 |
| Costner Bros Farms, Inc. | $12,642 |
| Jackson Brothers Farm Partnership | $12,300 |
| Shady Grove Trucking, LLC | $12,130 |
| Killer Coatings, LLC | $11,576 |
| Knight Tool | $10,000 |
| Butterfly House, Inc. | $9,800 |
| Wildy Farms East, LLC | $7,142 |
| JBF Planting Company, LLC | $6,800 |
| Delta Fence | $6,800 |
| Stanley Crisler Farms, LLC | $6,400 |
| Natural State Fitness, LLC | $5,016 |
| Cake Glitz | $3,300 |
| Toncelia Moore | $3,266 |
| Justin Wildy Farms Partnership | $2,292 |
| Silhouettes Boutique and Tea Room, LLC | $1,200 |
| Brighter Days Learning Center | $651 |
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