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 31408
| Name of Borrower | Current Approved Amount |
|---|---|
| Lummus Corporation | $4,123,100 |
| Reefer Express, LLC | $2,982,215 |
| Baker Constructors, Inc. | $1,766,785 |
| Savannah Christian Preparatory School | $1,758,600 |
| John S James Company | $1,419,700 |
| Grainger Companies, Inc. | $1,385,100 |
| Jen Jac's Restorations, Inc. | $1,357,368 |
| Southeast Ready Mix, LLC | $1,278,642 |
| Coastal Logistics, Inc. | $1,168,800 |
| Roger Wood Foods | $995,205 |
| Kelly Tours, Inc. | $954,400 |
| Bella Terra Interior Solutions, LLC | $811,400 |
| Grainger Nissan, LLC | $749,900 |
| Tom Graddy Enterprises of Savannah, LLC | $686,100 |
| Dustcom Limited, Inc. | $640,500 |
| Sos Radial Tire Service, Inc. | $620,244 |
| Southeastern Air Conditioning Company, Inc. | $536,100 |
| Williamson Millworks, Inc. | $534,575 |
| Roberts Truck Center, Inc. | $515,000 |
| BRW Construction Group, LLC | $503,570 |
| Sapp's Wrecker Service, Inc. | $487,287 |
| Clifton Construction, Inc. | $485,100 |
| Nlaws Foods, Inc. | $452,411 |
| Badger Rental Services, Inc. | $437,374 |
| Triple J Mechanical Parts, Inc. | $436,231 |
| Bonitz of Georgia, Inc. | $432,627 |
| Alloy Crane & Machinery, LLC | $412,100 |
| Tidewater Landscape Management | $405,513 |
| Industrial Parts Warehouse, Inc. | $376,800 |
| Teston Machine Corporation | $346,700 |
| J&L Glass, Inc. | $339,500 |
| Carbone Technology, Inc. | $332,900 |
| Southern Champion Construction, Inc. | $320,800 |
| M. J. Hogan & Company, Inc. | $313,900 |
| Tidewater Government Contracts, Inc. | $303,666 |
| Quick RX Drugs, Inc. | $302,500 |
| Mahany Construction Company, Inc. | $280,833 |
| Haarshraj, Inc. | $273,700 |
| Universal Steel Supply | $256,300 |
| Glenn Lee Trucking, Inc. | $254,628 |
| Bahama Joe's Coast to Coast, Inc. | $252,000 |
| Coating Systems, Inc. | $251,526 |
| Southeast Door Company Incorporated | $244,692 |
| Coastal Millworks of Savannah, Inc. | $223,200 |
| Air Therm Company, Inc. | $206,278 |
| Low Country Motors, Inc. | $205,100 |
| BMR Logistics, Inc. | $202,253 |
| Marchese Construction, LLC | $197,000 |
| Smitty's Collision Center, Inc. | $193,000 |
| Integrated Network Solutions, Inc. | $186,715 |
| Judge Warehousing, LLC | $185,057 |
| Pooler Financing, LLC | $182,800 |
| Youmans Transport, Inc. | $176,400 |
| Air Services & Refrigeration Specialties, Inc. | $172,700 |
| Return Logistics International Corporation | $166,982 |
| P. Judge & Sons Trucking, LLC | $155,852 |
| Doug Bean Signs, Inc. | $150,834 |
| Rewis Security Agency, LLC | $149,888 |
| Jodyjazz, Inc. | $139,750 |
| Creative Packaging, Inc. | $137,600 |
| Paredes & Boyle Foods Two, Inc. | $132,080 |
| LRP Hotels of Savannah, LLC | $129,185 |
| All Ways Savannah, LLC | $129,100 |
| Mainstream Hotel Group, Inc. | $121,825 |
| Charles Lane Construction, Inc. | $119,627 |
| Gallea Golf Properties, LLC | $118,600 |
| Divya Investments, Inc. | $117,600 |
| Crossroads Pointe, LLC | $116,800 |
| Rushing Electric Company, Inc. | $115,700 |
| Image Savannah Airport Hotel, LLC | $107,085 |
| Coastal Truck Parts Center, Inc. | $106,420 |
| Savannah Airport Hotels, Inc. | $105,628 |
| Coastal Empire Enterprises, LLC | $103,700 |
| ECL Warehouse Services, Inc. | $102,300 |
| Raass, LLC | $100,400 |
| Yagna and Yogiji, Inc. | $97,694 |
| Coastal Hospitality, LLC | $90,450 |
| Anderson Jewelers, Inc. | $89,100 |
| OBX Logistics, Inc. | $87,500 |
| Precision Diesel Services, LLC | $85,400 |
| K&a Agency, Inc. | $84,500 |
| Iris Hotel, LLC | $83,000 |
| Total Phase Construction, Inc. | $79,171 |
| Bastille Metal Works, Inc. | $77,418 |
| Diesel South, Inc. | $77,230 |
| Alare Hotels, Inc. | $76,400 |
| Treehouse Logistics, LLC | $75,133 |
| William W. Faulk PC, D.M.D. | $74,564 |
| Griffin Electric Company, Inc. | $74,556 |
| Port City Metals, Inc. | $71,502 |
| Gro-Masters, Inc. | $69,441 |
| Savannah Enterprise Trucking Company, Inc. | $69,125 |
| Royal Restrooms, LLC | $68,554 |
| Clayton Digital Reprographics | $68,300 |
| Testmaster, Inc. | $66,600 |
| Yes We Can Transporters | $64,167 |
| CBC Warehouse, LLC | $62,800 |
| Extreme Tire & Alingnment, Inc. | $61,900 |
| NM Collective, LLC | $61,420 |
| G&H Georgia Services, Inc. | $60,096 |
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