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 31410
| Name of Borrower | Current Approved Amount |
|---|---|
| Saint Andrews on the Marsh, Inc. | $950,798 |
| Savannah Bee Company Retail, LLC | $617,600 |
| Staff Care 247, LLC | $490,000 |
| Savannah Bee Company / Savannah Bee Company Retail, LL, Inc. | $397,300 |
| Brunson Mcdevitt Company, Inc. | $285,400 |
| Muscall | $267,328 |
| Rj's Seafood, LLC | $265,000 |
| A Action Air Conditioning & Heating Company | $258,113 |
| St. Peter the Apostle School | $227,098 |
| Islands Hardware Group, Inc. | $214,833 |
| Tybee Animal Care, LLC | $206,700 |
| Lanier Collection Agency & Service, Inc. | $197,060 |
| Savannah Country Club, LLC | $195,213 |
| Papa's Bar-B-Que, Inc. | $194,200 |
| Sadowski & Company, LLC | $182,485 |
| Aimi, Inc. | $160,400 |
| Flying Fish Bar and Grill, Inc. | $157,000 |
| Coastal Cancer Care, LLC | $150,688 |
| Asset Black | $143,170 |
| Mercer Moving Systems, LLC | $141,310 |
| Momentum Resources, Inc. | $139,500 |
| IN His ARMS Educational Center, Inc. | $132,500 |
| Elite Tower, LLC | $130,000 |
| Island Veterinary Clinic, Inc. | $128,900 |
| First Baptist Church of the Islands | $127,900 |
| Advanced Medical Resources of Wayne County, LLC | $124,902 |
| Saussy Engineering VI, P.C. | $122,585 |
| Southern Urgent Care, LLC | $120,000 |
| Cavu Hospitality, LLC | $115,842 |
| Protecom Incorporated | $115,700 |
| Basil's Pizza, Inc. | $112,931 |
| Jalapenos #4, Inc. | $110,100 |
| Brennan & Company, LLC | $105,800 |
| Johnson Construction EXT, Inc. | $102,600 |
| Fortified Telecom Services, Inc. | $91,685 |
| Liquid Fire, LLC | $90,977 |
| Todd Fruit | $90,183 |
| Sandfly, Inc. | $87,700 |
| Jthomas Catering & Events, LLC | $86,700 |
| Matt Herrington Tree Service, LLC | $85,800 |
| LJ&L Enterprises, LLC | $84,500 |
| Wilmington Island United Methodist Church | $82,600 |
| O'Leary's Heating and Air, LLC | $82,175 |
| Ali Games, Inc. | $77,296 |
| Jerry L. Mcnair, C. P. A., P.C. | $76,600 |
| PM Savannah, LLC | $74,608 |
| Whitmore Mechanical, LLC | $70,100 |
| Savannah Construction and Preservation | $69,500 |
| St. Peter the Apostle Catholic Church | $69,353 |
| Eastcoast Car Corporation, Inc. | $66,472 |
| Commercial Dive & Marine Services, Inc. | $66,245 |
| Mccarthy Marine Group, LLC | $65,785 |
| Island Eye Care, P.C. | $64,925 |
| Southern Cotton BBQ & Catering, Inc. | $62,500 |
| Dental Care 24/7 Staffing Atlanta, LLC | $62,100 |
| Derek Brown | $61,800 |
| Surgical L. L. C., SA | $61,097 |
| Marshpoint Dentistry | $59,215 |
| Hogan's Marine Service, Inc. | $58,488 |
| Savannah F&a ASC, LLC | $58,200 |
| Bull River Holdings, LLC | $58,038 |
| Cilantros Mexican Grill, Inc. | $57,099 |
| Wilmington Island Animal Hospital, PC | $55,901 |
| Bluelime Studio, Inc. | $55,289 |
| Select Marketing Services, Inc. | $54,250 |
| Lynn Walker | $53,977 |
| Ball Maritime Group, LLC | $52,635 |
| Mobile Drug Screening, LLC | $52,463 |
| Spectrum Printing & Marketing, Inc. | $51,800 |
| PF Douglas, LLC | $51,200 |
| DR. Maria Jauhar Group, Inc. | $51,100 |
| Sharpe Painting Incorporated | $51,089 |
| Yusuf H. Hameed, P. C., M.D. | $50,482 |
| Chiriya & Son Thai Cuisine | $49,402 |
| A2K Consultants, LLC | $47,477 |
| Baker Fraser Group, LLC | $47,000 |
| Wilmington Island Auto Repair, LLC | $46,700 |
| Islands Christian Church | $46,143 |
| C E Donnelly Yacht Specialists | $44,985 |
| Savannah Fitness Group, Inc. | $44,000 |
| Bobby CHU Construction Company, Inc. | $43,700 |
| Savannah Math, LLC | $43,600 |
| Intercoastal Sales and Management | $41,667 |
| Mid-Atlantic Maritime Services, LLC | $41,666 |
| 1016 E Anderson St., LLC | $41,665 |
| Jennoelys Pizza | $41,324 |
| Sail Harbor Marina | $40,900 |
| Gordon L. Hitt General Contractor | $38,700 |
| Ebi Services, Inc. | $37,700 |
| LA of Savannah, Inc. | $37,300 |
| Barrett Landscaping | $36,600 |
| Joel S. Millsap | $35,900 |
| Palm Property Management, LLC | $35,774 |
| Coastal Wound Physicians | $34,833 |
| Sparti Express, Inc. | $34,800 |
| Cartee Salons, Inc. | $34,645 |
| Dependable Plumbing, Inc. | $34,321 |
| Arborman Tree Service, LLC | $33,200 |
| SW Taylor Enterprises, LLC | $32,500 |
| Either Way You're Right, LLC | $32,455 |
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