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 72687
| Name of Borrower | Current Approved Amount |
|---|---|
| Volt Industrial Plastics, Inc. | $489,900 |
| Community Compassion Yellville | $482,327 |
| Marion County Paving, LLC | $301,600 |
| Altronic Research, Inc. | $147,800 |
| Ozark Oak Carriers, LLC | $116,500 |
| Bill Scruggs, Inc. | $73,100 |
| Doshier & Associates, Inc. | $58,100 |
| Shipman Sawmill, Inc. | $56,900 |
| North Arkansas Abstract & Title Company, Inc. | $54,200 |
| Power Film Systems, Inc. | $47,700 |
| Studio Flex Fitness Solutions, Inc. | $40,500 |
| Tom Davenport Concrete & Construction, LLC | $31,500 |
| Madden Sanitation, Inc. | $31,400 |
| School of New Hope | $30,200 |
| Blacksheep Joe's, LLC | $30,000 |
| Holmes Heating & Air Conditioning | $28,000 |
| Rmac Pizza, Inc. | $27,100 |
| Buffalo River Float Service, LLC | $24,500 |
| KFI Foam Insulation & Drywall, Inc. | $21,200 |
| Derek Goodall Construction | $20,800 |
| Jeffrey G. Piotrowski | $20,800 |
| Robert Owen | $20,800 |
| The Buffalo River Clinic, Inc. | $20,800 |
| Timon Cox Trucking | $20,800 |
| Dirst Canoe Rental, Inc. | $18,400 |
| Yellville Insurance Agency, Inc. | $18,000 |
| Myranda M. Davis | $17,900 |
| Kelley Gilley Trucking, Inc. | $17,400 |
| Kent Goodall Construction | $17,100 |
| Lee Davenport Construction, LLC | $17,000 |
| Buffalo Point Concessions | $15,100 |
| Sacha McGee | $14,100 |
| Layton Contracting | $12,400 |
| Gabes Guide Service | $12,200 |
| Marion Shipman | $12,100 |
| John Richard Mitchell | $10,900 |
| Jason Wade Still | $10,700 |
| Home and Ranch Realty, LLC | $10,400 |
| Nancy Jones | $10,000 |
| Matthew Davenport | $9,600 |
| Makin' Bacon, LLC | $9,500 |
| The Bean Barn, LLC | $9,200 |
| Davenport Rentals & Real Estate, Inc. | $9,000 |
| Chris Curley | $8,900 |
| Joshua Grantham | $8,600 |
| Thompson Turkey & Cattle | $8,575 |
| Melissa Dirst-Roberts, LLC | $8,400 |
| Tiara Florio | $7,500 |
| John D. Milum, P. A. | $7,500 |
| Jimmy Wayne Hutcheson Jr. | $7,000 |
| RWD, LLC | $6,900 |
| Isaac Benjamin Clayton Elliott | $6,800 |
| Laura's Mexican Kitchen | $6,500 |
| Cheryl Adams | $6,500 |
| The Christian Campsite Association | $6,400 |
| Silver Run Cabins, Inc. | $6,000 |
| Benjamin Levin | $5,700 |
| Buffalo Point, Inc. | $5,700 |
| Donald Dewayne Dean | $5,400 |
| Shape Fitness, LLC | $5,400 |
| HMD, Inc. | $5,200 |
| Michael King | $5,000 |
| Layton Imaging Incorporated | $5,000 |
| Glenda and Kenneth Rigmaiden, Inc. | $4,400 |
| James Buchanan | $4,000 |
| Imagine That Flowers and Gifts, LLC | $3,500 |
| Justin Trammell | $3,498 |
| Jade Real Estate, LLC | $3,200 |
| Flip Sales | $3,200 |
| Glen Adams | $2,895 |
| Computer Repair Service, Inc. | $2,500 |
| Steve R. Miller | $2,500 |
| Buffalo Point INN, LLC | $2,200 |
| Douglas Due | $2,100 |
| Alkenie Michelle Doshier | $2,035 |
| Milum Rentals, LLC | $1,800 |
| Precision Repair Service, Inc. | $1,700 |
| Cuttin' Up | $1,600 |
| Caleb's Barber Shop | $1,600 |
| Goldenrod | $1,500 |
| Kevin Russell | $1,000 |
| Michael Lyn Baker | $1,000 |
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