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 |
|---|---|
| X-Fab Texas, Inc. | $6,562,500 |
| Standard E&S, LLC | $3,872,822 |
| West Texas Barricades, LLC | $1,843,900 |
| West Infrastructure Construction, LLC | $1,109,400 |
| Earl's Plumbing, Heating, and Air, Inc. | $1,023,400 |
| Allen Teinert Construction Company | $863,900 |
| Bergstein Enterprises, Ltd. | $558,415 |
| Lubbock Essential Home Healthcare, Inc. | $507,100 |
| Humdinger Equipment, Ltd. | $476,100 |
| Caprock Local Development Company | $281,000 |
| Deran Gear, Inc. | $278,000 |
| Sos Waste Disposal, Inc. | $269,773 |
| Deerwood Construction, Inc. | $252,947 |
| Wala Productions | $245,400 |
| Granzow & Associates, Inc. | $240,900 |
| HCC Bar & Grill LC | $239,000 |
| Restorhaus, LP | $235,800 |
| Forge Laboratories, LLC | $216,600 |
| Longley Diesel & Equipment Service, LLC | $201,300 |
| Lubbock Plains Pump Company | $190,800 |
| Westech Electric, Inc. | $187,700 |
| Combest Miller, Inc. | $174,100 |
| Joe Rushing Plumbing Company, Inc. | $171,900 |
| HI Plains Electric Motor Repair | $171,700 |
| Arthus Enterprises, Inc. | $164,000 |
| Alpha Labs, Inc. | $148,750 |
| Knox, Gailey & Meador, Inc. | $138,900 |
| Quality Homes & Land, Ltd. | $138,800 |
| Ronald Mcdonald House Charities of the Southwest, Inc. | $136,300 |
| Overton SDI, Ltd. | $134,100 |
| Built for Dreams, Inc. | $133,100 |
| Texcraft, Inc. | $111,300 |
| Salt Fork Woodworks, LLC | $110,000 |
| Tew Motors | $102,700 |
| Air Tight Stainless Manufacturing & Seal Service, Inc. | $98,000 |
| D B Electric, Inc. | $97,400 |
| LBB Bright Star, LLC | $94,859 |
| Greywater Holding, LLC | $90,300 |
| Jordansville Landscape, Inc. | $82,927 |
| SKW Manufacturing, LLC | $80,600 |
| Wild West Trailers, LLC | $73,800 |
| Houston's Tower Service | $71,005 |
| Jsab Tires, Inc. | $68,100 |
| Gaydon Wholesale Lumber, Inc. | $67,500 |
| Sawco Industries, LLC | $64,900 |
| West Texas Fastener, LLC | $64,000 |
| Drivers Edge Car Audio, LLC | $57,800 |
| W a Paving, LLC | $56,700 |
| Zapata Family Funeral Homes, Inc. | $53,900 |
| Josies Commisary, Inc. | $49,100 |
| Evelyn Winn | $48,900 |
| Hindman Ready Built Homes, Inc. | $45,800 |
| Isom Operating Company, LLC | $45,800 |
| Wes-Texas Supply Company, Inc. | $45,000 |
| Brown Investment Group, LLC | $42,900 |
| Walt Norris | $38,600 |
| Gap Peptides, LLC | $38,542 |
| Cornett Equipment, LLC | $34,500 |
| Bart Holdings, LLC | $33,600 |
| Ceo Transportation, Inc. | $33,100 |
| Three BMH Investments, LLC | $28,400 |
| Continental Automatic Doors of Lubbock, LLC | $27,500 |
| Landco Industries | $27,407 |
| Ammons Millwright | $25,200 |
| Microzap, Inc. | $22,500 |
| Lads Wrecker Service, Inc. | $21,900 |
| Thomas Hickman | $20,800 |
| Our Lady of Grace Catholic Church | $20,800 |
| Darron White, LLC | $20,800 |
| Rutu, LLC | $20,800 |
| Electrifiers, Inc. | $20,600 |
| Fredrick Harkey Jr. | $19,910 |
| University Fuels | $19,630 |
| Ronnie L. Adams, Inc. | $18,800 |
| William Jeff Attebury | $18,642 |
| Kute Enterprises, LLC | $18,300 |
| Ghalhee | $16,900 |
| Raider Fence, LLC | $16,800 |
| At'l Do Farms, Inc. | $15,600 |
| Ronnie Brown Apprisal Company | $13,600 |
| Action Glass and Mirro | $12,900 |
| Joe Angel Gomez Jr. | $12,900 |
| Daniel Delgallado | $12,700 |
| Smokin Joes | $12,400 |
| Casa Mexicana | $12,220 |
| Thomas E. McDonald | $12,000 |
| American Dent Repair, LLC | $11,900 |
| Llano Estacado Alliance for Democracy | $11,800 |
| Tenola Langs Dirty Jobs | $11,726 |
| DBMB, LLC | $10,500 |
| BND Properties, LLC | $9,900 |
| Sonya Sauceda | $9,832 |
| Lorenzo Robles | $9,600 |
| Cedar Creek Carriers, LLC | $9,000 |
| Donnie Baldridge Trucking | $9,000 |
| South Plains Master Technician, Inc. | $8,500 |
| Darin Teters | $8,400 |
| Everest Mankamana Holdings, LLC | $8,300 |
| Lance Mar Inderman | $7,860 |
| Elsa Garcia's Cleaning Services | $7,800 |
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