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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Guenther Mechanical, Inc. | $1,309,455 |
| Pioneer National Latex, Inc. | $1,128,493 |
| Transformation Network | $939,500 |
| Rain Drop Products, LLC | $486,117 |
| Pediatric Acquisition, Inc. | $364,270 |
| Ashland Comfort Control, Inc. | $327,430 |
| Companions of Ashland, Inc. | $317,887 |
| Schoonover Industries, Inc. | $310,700 |
| Harris Welding and Machine Company | $261,930 |
| Lynway Restaurant, Inc. | $190,863 |
| Priest Dental, Inc. | $180,000 |
| Straightaway Fabrication, Ltd. | $176,030 |
| Uniontown Brewing Company, LLC | $158,077 |
| D-R Services, Inc. | $151,147 |
| Mary Times, Inc. | $144,000 |
| Tobias Logistics, LLC | $143,907 |
| Young Men's Christian Association of Ashland Ohio, Inc. | $140,000 |
| Coloring Book Solutions, LLC | $135,635 |
| Hynek's Machine and Welding, Inc. | $130,525 |
| Practicaltek, LLC | $126,000 |
| Roto Solutions, Inc. | $122,000 |
| Hillman Precision, Inc. | $121,820 |
| Good Deed Entertainment, LLC | $112,500 |
| Olord Corporation | $105,630 |
| Sterling Hotels, Inc. | $100,044 |
| Ru-D Trucking, Inc. | $95,302 |
| Brian E. Garrison Inc., D.D.S. | $93,953 |
| Alpha Dental Ashland Ming Yu LLC D.D.S. | $88,981 |
| American Association of Bovine Practitioners | $87,600 |
| Crownjewlz, LLC | $87,345 |
| Irwin Financial Associates, Inc. | $86,130 |
| Bor-It Manufacturing Company, Inc. | $84,765 |
| Lex Luray Enterprises, Inc. | $82,256 |
| Park Street Brethren Church | $81,000 |
| Castle Construction Company | $78,690 |
| MVD & Associates, Inc. | $78,023 |
| Ashland Monument Company | $75,942 |
| Kamenik Brothers, LLC | $75,325 |
| Layne Alan Enterprises, Inc. | $73,760 |
| Brad Hendrickson Inc., D.D.S. | $72,500 |
| Ashland Otolaryngology Head & Neck Surgery, Inc. | $70,830 |
| Kehl-Kolor, Inc. | $70,218 |
| Paullin Sealcoating, LLC | $70,062 |
| Kar-Del Plastics, Inc. | $68,523 |
| Ashland Learning Center, Inc. | $65,200 |
| Bohland Jewelers, Inc. | $64,750 |
| Ashland County Agricultural Society, Inc. | $62,700 |
| Advantage Marketing, Inc. | $62,622 |
| Your Therapy Company, Inc. | $62,462 |
| Mitchells Movers 3G, Inc. | $58,143 |
| Challenge Fasteners, Inc. | $56,812 |
| Bartley and Bolin Trucking, Inc. | $50,587 |
| Faith United Methodist Church of Richland County, Inc. | $50,142 |
| CW White Farms, LLC | $50,000 |
| Housekeeping by Heather & Company, LLC | $50,000 |
| Victory Chiropractic, LLC | $49,678 |
| Hickory Hollow Concrete, LLC | $49,035 |
| Benjamin Bolin | $48,437 |
| Barhaven Trucking, LLC | $46,813 |
| Wilhelm-Sharpe Holding, LLC | $45,924 |
| ASH Home Remodeling, LLC | $45,233 |
| Knowlton Machine, Inc. | $45,000 |
| Law Office of Andrew N. Bush, LLC | $44,456 |
| Haul'er Back Trucking, LLC | $43,760 |
| Josh Coffy | $43,092 |
| NBD Motels, Inc. | $42,609 |
| Classy Chassy, Inc. | $42,460 |
| Nathaniel Decker | $39,370 |
| Lotus Chinese Restaurant, LLC | $39,333 |
| Arica Betson | $39,000 |
| Gibbons Transportation, LLC | $37,207 |
| First United Methodist Church of Ashland | $36,900 |
| Choice Plastic Machinery, Inc. | $36,000 |
| Richter Machine Works, LLC | $35,749 |
| Richter Machine Works, LLC | $35,749 |
| United Way of Ashland County Ohio, Inc. | $33,929 |
| Heyl Funeral Home, Inc. | $33,750 |
| Solid Rock Ministry, Inc. | $33,455 |
| Track Side Graphics | $33,355 |
| Ashland Care Center, Inc. | $32,110 |
| Stephan Hess Farms, LLC | $31,937 |
| 810 Katherine Avenue | $30,825 |
| Jeffrey Drushel | $29,166 |
| David Boyer | $28,200 |
| Steven Powell | $27,800 |
| Evan Kamenik | $27,624 |
| John Maurer | $27,500 |
| Clearvent, Inc. | $26,985 |
| Zephyr Manufacturing, Inc. | $26,812 |
| Daniel Rogers Estate | $26,700 |
| Ashland Endocrinology, LLC | $26,619 |
| Shree Siddhivinayakdev, Inc. | $26,004 |
| Honey Haven Farm, LLC | $25,482 |
| Jennifer Carpenter | $24,500 |
| Huynh Corporation | $24,395 |
| Goldberry Roasting Company, LLC | $24,373 |
| Studio 42 Hair and Nails, LLC | $23,393 |
| All-Ways Trans Plus, Inc. | $22,455 |
| Stephen Babcock | $21,800 |
| Rossi Machinery Services, Inc. | $21,522 |
Alerts Sign-up