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.
Top 100 largest PPP loans in 2020 in ZIP Code 79124
| Name of Borrower | Current Approved Amount |
|---|---|
| Brothers | $1,060,800 |
| Cooke Electrical Contracting, Inc. | $976,500 |
| Landmark of Amarillo Rehabilitation and Nursing Center, LLC | $717,892 |
| Allergy a. R. T. S., LLC | $655,000 |
| Krause Lanscape Contractors, Inc. | $606,900 |
| Run Buisness Solutions, Inc. | $550,700 |
| Brother and Son V | $540,400 |
| GSM Enterprises, Inc. | $526,590 |
| Panhandle Obstetrics & Gynecology, PLLC | $473,200 |
| Tascosa Golf Club, LLC | $465,100 |
| Class Service Solutions, Ltd. | $301,000 |
| AUA Surgical Center, LLC | $277,800 |
| Acute and Chronic Pain Management Center, P. A. | $253,460 |
| Ama Ruby Slippers, Inc. | $247,300 |
| Amarillo Children's Clinic | $245,600 |
| MKBCCS a Operations, LLC | $220,000 |
| Soncy Road Body Shop, Inc. | $217,200 |
| Ross Osage Hotels, LP | $209,600 |
| West Texas Utility Contractors, Inc. | $205,559 |
| Frisbie Janitorial, Inc. | $199,296 |
| Golden Spread Council 562 of the Boy Scouts of America, Inc. | $195,200 |
| Soug Holmes Construction, LLC | $188,070 |
| Amarillo Arborlogical, Inc. | $184,600 |
| Ahip TX Amarillo 8231 Enterprises, LLC | $182,644 |
| Quail Creek Enterprise Center, LLP | $178,537 |
| The Plaza Restaurants VII | $178,300 |
| Amarillo Nephrology Associates, P. A. | $170,910 |
| Jayvic, Inc. | $170,200 |
| Diversified Waste Management, Inc. | $154,500 |
| Lokeys Body Shop, LLC | $152,482 |
| Lauferswiler Industries, Ltd. | $138,137 |
| Tascosa Pump and Supply, Inc. | $136,900 |
| Western Cattle Services, LLC | $130,000 |
| Valmed Pharmacy Solutions, Inc. | $127,300 |
| Lmse Trucking, LLC | $120,000 |
| Valmed Home Heath Solutions, Inc. | $119,400 |
| J&L Backhoe Service, LLC | $114,400 |
| Aalto, Ltd. | $113,900 |
| Hope Veterinary Clinic P. A. | $113,025 |
| Panhandle Gastroenterology, PA | $107,113 |
| Advana Dental & Dentures of Amarillo, PC | $106,428 |
| B Houston Collins III PA, D.D.S. | $98,000 |
| Brian E Sicher PA, D.P.M. | $96,600 |
| Ammar Jarrous PA, M.D. | $94,800 |
| Amarillo Jakes, LLC | $94,500 |
| Sneed-Pool Cattle Company | $93,500 |
| Hilton Garden INN | $90,000 |
| IV Ram Various Motels, Ltd. | $84,500 |
| Ifg-, LLC, NA | $84,100 |
| RK Hotels, Ltd. | $82,500 |
| Amarillo Colon and Rectal Clinic, P. A. | $81,922 |
| Encounter Church Amarillo | $77,500 |
| Tedco Buildings 'n' Things, LLC | $72,800 |
| Lisa Longhofer PLLC M.D. | $71,600 |
| Salil K. Trehan, PA, M.D. | $68,800 |
| Amarillo Colonoscopy Center LP | $64,683 |
| Klein Eye Center | $63,800 |
| Rodfathers, LLC | $63,100 |
| Sikhana Operations, LLC | $56,500 |
| Advanced Dentistry of Amarillo, PLLC | $54,800 |
| Shafer Shafer & Richards | $53,300 |
| Don Mason Builders, Inc. | $53,300 |
| Tracy C Crnic PA, M.D. | $51,000 |
| Pestcon, Inc. | $50,300 |
| School Solutions Group, LLC | $49,700 |
| James C. Douthitt, DDA, MS, PA | $48,800 |
| Scott Bass, PLLC M.D. | $43,700 |
| Peak Emergency Medicine Services PA | $42,900 |
| Nielsen Communities, LLC | $42,700 |
| Double E Cabinets, Inc. | $42,536 |
| Hawk Tire Service, Inc. | $41,669 |
| Farleyvette Medical Services | $41,600 |
| Kirk a Coury M.D. PA, D.D.S. | $41,300 |
| HSC Properties, Inc. | $41,100 |
| CKH Enterprises | $41,000 |
| Blue Rock 1422 | $40,000 |
| Amarillo DSO, LLC | $39,650 |
| Pilgrim & Associates | $39,200 |
| Earl C Smith Mdpa | $39,100 |
| Bushland Small Animal Veterinary Clinic, PLLC | $39,100 |
| Larry Spaulding | $38,700 |
| Murali Veeramachaneni PA, M.D. | $38,300 |
| Top Dog Fitness, LLC | $38,000 |
| Amarillo Marble, Ltd. | $37,700 |
| High Plains Obstetrics & Gynecology | $35,373 |
| Vincent Family Enterprises, Inc. | $35,300 |
| Property Paramedics, Inc. | $35,265 |
| Risc, LLC | $34,850 |
| For Amarillo RV Resort, LLC | $34,522 |
| Jamie Wilkerson PA, M.D. | $33,800 |
| Rajesh Nambiar PA, M.D. | $33,700 |
| Richard's MHS, LLC | $33,300 |
| Cullen Hopkins, P. A., M.D. | $33,100 |
| Tallant Cole Investments, LLC | $32,900 |
| Heller's Helping Hands, Inc. | $32,700 |
| Cody Welch, PLLC M.D. | $31,900 |
| Craig Fichandler PA, M.D. | $31,836 |
| Dudley E Freeman, P. A., M.D. | $31,800 |
| James M Allman, PLLC M.D. | $31,500 |
| Johnny Plant, Inc. | $31,400 |
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