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 44644
| Name of Borrower | Current Approved Amount |
|---|---|
| Roger Bettis Trucking, Inc. | $2,000,000 |
| Sheckler Excavating, Inc. | $400,000 |
| Fureys Wheel World, Inc. | $329,800 |
| Hohler Heating and Cooling, Inc. | $225,000 |
| J Hawk Water Service, LLC | $183,200 |
| Family Disability Services, LLC | $164,900 |
| Roofing & Exterior Product Service of Ohio, LLC | $160,600 |
| Fox Auto Salvage & Parts, Inc. | $135,500 |
| Ron Ruegg Autmotive, Inc. | $105,200 |
| Oak Meadows Veterinary Services, LLC | $95,000 |
| Heritage Painting and Resinous Flooring | $94,619 |
| Shingleton Contractors, Inc. | $94,100 |
| 24/7 Towing and Trucking, LLC | $92,670 |
| Cambridge Mill Products, Inc. | $85,100 |
| Green's and Things, Ltd. | $78,000 |
| Almasy Body Shop, Inc. | $60,800 |
| Robertson's Plumbing & Heating of Malvern, Ohio, Inc. | $58,500 |
| Shingleton Custom Homes, Inc. | $51,500 |
| Straight a's Arena, Inc. | $50,000 |
| Jenrick Enterprises, LLC | $40,000 |
| Eick Electric & Lighting, LLC | $38,992 |
| Ruegg, Inc. | $37,900 |
| World's Greatest, Inc. | $23,600 |
| Mechanical Elastomerics, Inc. | $21,900 |
| Oilfield Guys, LLC | $20,833 |
| Karl Lorentz | $20,832 |
| Cooler Products, LLC | $20,800 |
| Garlotti's, Inc. | $20,200 |
| Hawkins Well Services, LLC | $19,700 |
| Vaness K9 Academy | $19,100 |
| RJS Millwork, LLC | $12,500 |
| Scott L. Baldwin | $12,496 |
| West END INN and Pizza, LLC | $11,200 |
| Vasilliu Construction | $10,255 |
| Wooded View Farms, Inc. | $8,800 |
| Colton Kiko | $6,400 |
| Furey Motor Co | $6,000 |
| James C. Hanlin | $5,733 |
| Wwsteiner Consulting, LLC | $3,493 |
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