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Monday, December 23, 2024

PPP loans: 24 loans in 2020 in ZIP Code 71467

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There were 24 PPP loans provided to small businesses in 2020 in ZIP Code 71467, 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 71467

Name of BorrowerCurrent Approved Amount
Woods Haven Nursing Care and Rehabilitation Center$337,289
Central Timber Services, LLC$106,090
Futrell Electric$81,400
Grant One Stop of Pollock, LLC$60,043
Reliable Electrical Services, LLC$34,400
Auto Express Service Center$26,575
Cabinet Crafters Plus, Inc.$25,892
Louisiana Congregational Ministries of the Church of God$24,290
Greater Air & Heating, LLC$23,930
Dixie Auto Sales Towing & Recovery, LLC$23,302
Slaughter Enterprises, LLC$23,300
Briggs Specialty Services, LLC$22,908
G & R Leger Enterprises, LLC$22,457
Giggles and Hugs Learning Center, LLC$20,120
CNC Anesthesia, LLC$19,951
Pollock Campground Association, Inc.$13,489
Horizon Claims Service, LLC$11,250
Debusk Oil, Tire & Accessories, LLC$10,998
Scorpion Technologies, LLC$10,000
Avery A. Williams$5,082
Central Pool Services, LLC$4,528
Dolphin Floors$4,043
Dakota Chelette$3,400
Andrea's Ten-Til-Late Family Hair Care Salon$3,100

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