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 Borrower | Current 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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