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 |
|---|---|
| Radg Holdings, LLC | $2,000,000 |
| The Tomato Head, Inc. | $1,030,463 |
| The DM Group, LLC | $717,678 |
| Don Taco, LLC | $693,619 |
| Hodges Doughty & Carson, PLLC | $688,242 |
| Knoxville Hotel Partners, LLC | $520,486 |
| Balter Beerworks, LLC | $490,955 |
| Costume Gallery Holdings, LLC | $489,425 |
| King Krabs, LLC | $479,782 |
| Cafe 4, LLC | $435,666 |
| Woodruff, LLC | $415,411 |
| Paramount Knoxville, LLC | $391,928 |
| World Marketing Company | $328,263 |
| Tnachieves | $324,648 |
| Knoxville Symphony Society | $294,237 |
| The Alley Knoxville, LLC | $284,893 |
| Preservation Pub Corporation | $281,838 |
| Young Women's Christian Association | $277,280 |
| East Tennessee Foundation | $274,042 |
| LDWB Knox, LLC | $262,880 |
| Church Street United Methodist Church | $250,000 |
| The Garza Law Firm, PLLC | $220,043 |
| Ritchie Dillard Davies & Johnson, P.C. | $219,807 |
| Magnolia Hospitality, LLC | $215,299 |
| Timothy Elrod | $214,940 |
| Moxley Carmichael, Inc. | $205,690 |
| Sachchidanand Hotel Main St., LLC | $197,627 |
| Lusid Media, LLC | $185,408 |
| Studio Four Design, Inc. | $180,515 |
| Sanders/pace Architecture, LLC | $174,821 |
| KXVL Software, LLC | $170,377 |
| Pensacola Downtown Hotel, LLC | $167,160 |
| Bogco, LLC | $161,938 |
| UBC, Inc. | $148,460 |
| Southern Grit, LLC | $143,706 |
| TMPK, Inc. | $142,856 |
| Historic Tennessee Theatre Foundation | $132,062 |
| Alpha Hospitality, LLC | $131,267 |
| Bible and Associates, P.C. | $129,813 |
| The French Market, Inc. | $121,555 |
| Boyd Entertainment, LLC | $114,455 |
| Foundry on the Fair Site, Inc. | $112,020 |
| Sobieski Messer & Elledge, PLLC | $109,527 |
| The Bosch Law Firm, PC | $105,311 |
| Irish Lads, Inc. | $101,834 |
| Greg Huddy | $99,146 |
| Tommy Hindman | $99,000 |
| Blount Avenue, LLC | $91,392 |
| Leadership Knoxville, Inc. | $89,430 |
| Moon Capital Management, LLC | $84,443 |
| Lowe Yeager & Brown, PLLC | $84,245 |
| Three3, Inc. | $82,895 |
| Peter Natour | $81,737 |
| Oodles, LLC | $80,892 |
| Ogle Elrod & Baril, PLLC | $80,622 |
| East Tennessee Historical Society, Inc. | $80,165 |
| Oli Bea, LLC | $80,087 |
| Ambrose Wilson Grimm & Durand, LLP | $78,026 |
| 115 S. Central, LLC | $76,425 |
| National Association to Protect Children-Education Fund, Inc. | $76,250 |
| Courtland Construction, Inc. | $75,838 |
| Gymtek Academy, LLC | $75,100 |
| Steven Oberman | $74,478 |
| Cumberland Communities Communications Corporation | $73,917 |
| Superior Travel Services, LLC | $73,107 |
| Healthcare 21 Business Coalition | $71,715 |
| Merchants, LLC | $71,000 |
| Phire Knoxville, LLC | $69,706 |
| Barry Byrd Architecture, LLC | $69,693 |
| Dazzos Pizzeria, LLC | $68,446 |
| Gary Dawson | $61,947 |
| Status Serigraph, Inc. | $60,500 |
| Knoxville Bar Association | $60,000 |
| Shaun Parrish | $59,506 |
| Lawrence Leibowitz | $58,877 |
| Dogwood ARTS, Inc. | $57,100 |
| Wise & Reeves, PLLC | $55,800 |
| The Benefield Richters Company | $55,673 |
| Harb Chocolate Corporation | $50,762 |
| Lauderdale Design Group, Inc. | $48,895 |
| Anderson Busby, PLLC | $46,816 |
| Stanley & Collins, PLLC | $46,517 |
| Alpesh Patel | $41,833 |
| Alta Search, Inc. | $41,600 |
| Tennessee Riverboat Company | $40,600 |
| Ritchie Law, P.C. | $37,412 |
| CML Property Group, LLC | $37,310 |
| Collegiate Abbey, Inc. | $37,268 |
| Community Mediation Center | $37,108 |
| Pretentious Beer, LLC | $36,917 |
| Sterchi Lofts LP | $36,690 |
| Downtown Wine & Spirits, LLC | $36,517 |
| ARTS and Culture Alliance | $34,865 |
| JMSC, LLC | $34,100 |
| Herbert Moncier | $32,388 |
| Kopita, LLC | $32,322 |
| David N. Roberts Jr. | $32,030 |
| Triad Medical, LLC | $30,260 |
| River & Rail Theatre Company | $28,273 |
| Nathaniel Evans | $27,985 |
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