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 2021 in ZIP Code 70403
| Name of Borrower | Current Approved Amount |
|---|---|
| Barrister Global Services Network, Inc. | $2,000,000 |
| Pot-O-Gold Rentals, LLC | $1,977,832 |
| Hammond Surgical Hospital, LLC | $1,629,762 |
| United Medical Healthcare, Inc. | $1,406,924 |
| Hudson Services, Inc. | $979,530 |
| National Security of Alabama, Inc. | $681,581 |
| Cate Street Seafood Market, LLC | $593,310 |
| Textile Management Systems, Inc. | $533,332 |
| Advanced Pain Institute, LLC | $475,800 |
| Elos Environmental, LLC | $474,467 |
| Northlake Gastroenterology Association, LLP | $418,965 |
| BDL Enterprises of LA, LLC | $410,049 |
| Quality Tools and Services, Inc. | $402,247 |
| Trailer Sales of Louisiana, LLC | $363,770 |
| Wilkinson Care Giving, LLC | $346,667 |
| Ghiath Mikdadi | $282,353 |
| Brewbque Hospitality, LLC | $273,966 |
| Stoa Construction, LLC | $266,500 |
| North Cypress Fitness Studio, LLC | $257,864 |
| Alston Environmental Company, Inc. | $251,630 |
| Gnarly Barley Brewing, LLC | $233,175 |
| Kent Mitchell Bus Sales & Services, LLC | $211,669 |
| BST Timber & Trucking, LLC | $211,529 |
| Life Changing Direction, LLC | $209,545 |
| Hammond Dental Care, LLC | $187,230 |
| Spangler Engineering, LLC | $172,233 |
| Northlake Endoscopy | $171,224 |
| Hammond Lodging, LLC | $169,600 |
| Roofs Restored USA, LLC | $169,069 |
| M & R Resources, LLC | $167,327 |
| Neuro Rehabcare of Hammond-LA, LLC | $163,700 |
| Anatomix Physical Therapy, Inc. | $157,500 |
| Auto Title Service, LLC | $149,995 |
| Burns Retirement Services, LLC | $146,535 |
| Anntoine Marketing and Design, LLC | $145,035 |
| Kirin Sushi, LLC | $138,527 |
| Assistance Just for YOU, LLC | $136,133 |
| Reliable Resources USA, LLC | $131,670 |
| Yeager Lanasa Tauzier | $128,100 |
| Lubrication Technologies, Inc. | $126,987 |
| Barrister Construction, LLC | $117,080 |
| Fluker Transportation, LLC | $116,496 |
| Fluker Transportation, LLC | $115,504 |
| Nagoya Hammond | $113,891 |
| K2 Enterprises, LLC | $113,500 |
| New Beginnings Behavioral Healthcare, Inc. | $109,065 |
| Verified Controls, LLC | $101,147 |
| Electroless Nickel Plating of LA, Inc. | $101,032 |
| Kinchen Restaurants, LLC | $98,000 |
| R B M Enterprises, LLC | $96,852 |
| Anthony B Baglio CPA Apac | $95,442 |
| Mike Erdey's Custom Woodworks, LLC | $95,280 |
| Cypress Pointe Urgent Care, LLC | $95,277 |
| Fisher Manufacturing Services, LLC | $92,208 |
| Shri Ram, Inc. | $89,114 |
| Happy Haven Homes, Inc. | $87,500 |
| North Oaks Internal Medicine Associates, LLC | $85,382 |
| Precision Optical of Hammond, Inc. | $83,392 |
| Bel-Cage Construction, LLC | $83,375 |
| The Mission International Church, Inc. | $82,472 |
| Jovan Depland | $81,328 |
| Surat Hospitality, LLC | $79,650 |
| TCA Hvac, LLC | $75,515 |
| Face to Face Enrichment Center | $75,364 |
| Hammond Area Recreation District No. 1 | $75,021 |
| Delta T JR, LLC | $73,487 |
| Kajun Wood, LLC | $71,625 |
| Accent Lawn Care Services, LLC | $71,288 |
| Allen's Podiatry Clinic, LLC | $70,402 |
| Bourgeois Homes, Inc. | $69,655 |
| New Tai Shan, Inc. | $69,125 |
| O2 Physical Therapy | $67,500 |
| Ram Computer Services | $65,000 |
| Sela Construction, LLC | $64,521 |
| Don Chaucer's Pharmacy, Inc. | $64,459 |
| Biomedplus, LLC | $64,390 |
| Christmas Depot, Inc. | $64,377 |
| Diabetes Care Solutions, LLC | $64,245 |
| J C Electric | $63,992 |
| Smartwash, LLC | $63,390 |
| Spoga, Inc. | $63,038 |
| D & S Enterprise General Contractor, LLC | $63,014 |
| Fourcase, LLC | $62,362 |
| Thuy Le | $62,230 |
| Kids World Daycare and Early Learning Center, LLC | $62,100 |
| Omkar, LLC | $59,924 |
| Pediatric Dental Specialties, Inc. | $58,170 |
| Margaritas, LLC | $56,451 |
| Advanced Multi-Media Partners, LLC | $56,117 |
| Little Deuces, Inc. | $55,084 |
| Montessori & ME Too, LLC | $54,888 |
| Afi & Logistics, LLC | $54,613 |
| OMS Corporation | $54,517 |
| Ecko360, LLC | $54,300 |
| B & E Bingo Enterprises, LLC | $53,339 |
| Avondale Gaming, LLC | $53,192 |
| Home Certification Services of LA, Inc. | $52,866 |
| Professional Weight Loss Clinic, Inc. | $52,245 |
| Donerite Hvac Services, LLC | $51,123 |
| Beacon Light Baptist Church of Hammond | $50,000 |
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