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PPP loans: 42 loans in 2020 in ZIP Code 71465

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There were 42 PPP loans provided to small businesses in 2020 in ZIP Code 71465, according to the US Small Business Administration.

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 71465

Name of BorrowerCurrent Approved Amount
Lasalle Parish Hospital Service District No 1$2,728,733
Lasalle Lumber Company, LLC$1,893,998
Stott Wood Company, Inc.$301,160
T & L Dirtwork, Inc.$278,077
Parts & Service, Inc.$191,091
Mcdougald Timber, Inc.$95,600
Barry Scott State Farm Agency$94,800
JM Logging, LLC$53,680
B&S Timber$38,158
Whiteoak Community Investments, LLC$33,899
Raat Contracting, Inc.$33,168
J & C Drilling Consulting, Inc.$32,500
Andrews Trucking, Inc.$31,030
Clifton Poole Logging$28,557
CRM Enterprises$26,062
Denco Consulting, LLC$25,625
Aycock Transport, LLC$22,287
165 Service Center, LLC$21,100
A & B Trucking & Transport, LLC$20,833
Willie Smith Logging$20,833
Randy E. Nugent$20,833
Street Racing$20,691
Taylormade Consulting, LLC$20,530
S & L Consulting$19,606
Sundowner Directional, LLC$19,311
Rae Ridge Logging, LLC$18,908
Pattens Big Truck Repair$18,578
Barnhill Consulting, Inc.$17,500
Alkies, LLC$15,997
JP Haulin', LLC$13,197
Gerald Tullos Consulting, Inc.$12,990
H. E. R. Consulting, Inc.$11,753
LA Bamba Mexican Restaurant #2, LLC$11,130
JRP Consulting, Inc.$11,119
Veuleman Consulting, Inc.$8,554
First Baptist Church of Olla$8,091
B&L Consulting of Olla, LLC$7,642
Strong Oil & Gas Consulting, Inc.$7,500
Little 6 Consulting, LLC$5,262
Billy Tatum Trucking, Inc.$4,583
Levi Mcguffee Consulting, LLC$1,960
Maydeleth Callender$1,427

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