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 2021 in ZIP Code 70501
| Name of Borrower | Current Approved Amount |
|---|---|
| The Integration Group of Americas, Inc. | $1,842,759 |
| Moss Motors, Inc. | $985,405 |
| Preis a Professional Law Corporation | $938,400 |
| Cathedral Carmel School | $909,116 |
| Cal-Chlor Corporation | $859,992 |
| Burgersmith Holdings, LLC | $858,550 |
| LSN Publishing Company, LLC | $843,500 |
| Teurlings Catholic High School | $834,005 |
| Fairway Transport, LLC | $720,252 |
| The Rock 'n Dough Pizza Company, LLC | $700,700 |
| Genesis Behavioral Hospital, Inc. | $660,979 |
| John Paul the Great Academy | $484,567 |
| Johnson Gray Mcnamara, LLC | $428,808 |
| Arena Industrial, Inc. | $425,635 |
| United Way of Acadiana, Inc. | $416,507 |
| St. Genevieve School | $403,245 |
| Kabuki, LLC | $385,315 |
| Tsunami Restaurants, LLC | $382,015 |
| Dai Yon, LLC | $374,542 |
| Mahtook & Lafleur, LLC | $337,330 |
| Jeanella Cares, LLC | $319,103 |
| Rocknbowl DE Lafayette, LLC | $299,394 |
| ACSW Architects, LLC | $294,500 |
| Andre Oran Leger, Inc. | $261,640 |
| Domengeaux Wright Roy & Edwards, LLC | $256,645 |
| Acadiana Rubber & Gasket Company | $251,195 |
| Lafayette Convention and Visitors Commission | $247,690 |
| Lafayette Convention and Visitors Commission | $247,690 |
| Glenn Armentor APLC, Ltd. | $245,032 |
| Ecco Services, Inc. | $238,683 |
| Quoyeser, Inc. | $235,920 |
| Pizza Joint, LLC | $235,819 |
| Davidson Meaux Sonnier Mcelligott Fontenot Gideon & Edwards | $229,253 |
| Pamplona Tapas Bar and Restaurant, LLC | $221,725 |
| St. Martin Iberia Lafayette Community Action Agency | $220,816 |
| Taco Joint, LLC | $202,708 |
| Lafayette Habitat for Humanity, Inc. | $194,223 |
| Poche Prouet Associates, Ltd. | $193,150 |
| Jeansonne & Remondet, LLC | $167,807 |
| Bryson Law Firm, LLC | $166,292 |
| Acadiana Center for the ARTS | $153,062 |
| Cafe Coachella | $149,250 |
| The Russo Group, Inc. | $149,000 |
| Guilliot Family Dentistry, Inc. | $145,137 |
| Tellys | $143,443 |
| Joy C Rabalais, LLC | $141,977 |
| Loving Hearts, LLC | $139,510 |
| Potenza Marketing, LLC | $131,369 |
| Southwest Mechanical Service, LLC | $130,113 |
| Nolan's Machine Shop, Inc. | $127,000 |
| Skinner & Associates, Inc. | $122,320 |
| Hooks Management Services, LLC | $120,393 |
| Tower Engineering Incorporated | $120,325 |
| Burning Stick Creative, LLC | $116,800 |
| Benny Prejean Service Company, Inc. | $114,913 |
| GDG Investment Group, LLC | $111,926 |
| Progressive Baptist Church | $108,615 |
| Girouard Investments, LLC | $108,325 |
| DBE, LLC | $108,080 |
| Southwest Contractors, LLC | $100,170 |
| Kaufman & Associates, Inc. | $97,057 |
| DLI 4, LLC | $96,303 |
| Odom Woodlands Hotel, LLC | $91,541 |
| Guidry Iron Works, Inc. | $91,355 |
| Agave Cantina, Inc. | $91,100 |
| O'Pry Law Firm, LLC | $91,000 |
| Awning and Supply Company, Inc. | $84,828 |
| Acadiana Medical Transportation Service, Inc. | $83,000 |
| Poirrier Groupllc | $81,472 |
| Odom Hotel Development En | $80,483 |
| 232-Help, Inc. | $80,242 |
| Refinery Downtown, LLC | $79,895 |
| MBM Southern Equine Stables, LLC | $79,806 |
| Geramis, LLP | $77,240 |
| Precision Capital Group, LLC | $74,550 |
| Vermilion Architects, LLC | $74,495 |
| Goforth & Lilley a Professional Law Corporation | $74,120 |
| Layla Lake, LLC | $71,778 |
| Mello Joy Distributing, LLC | $71,067 |
| Festival International DE Louisiane | $70,742 |
| Petry Family Dentistry, LLC | $68,927 |
| Percy Guidry, LLC | $68,585 |
| Kackie L, LLC | $68,491 |
| Global Security Systems, LLC | $68,180 |
| Parish INK, LLC | $67,037 |
| Automotive Leasing Specialists, LLC | $65,778 |
| Northside Engine Service & Parts in | $65,535 |
| Vallier's Transport, LLC | $65,005 |
| Marley's Sports Bar, LLC | $63,690 |
| Innovative Intelligent Design, Inc. | $63,097 |
| Cafe 20. 3, LLC | $62,601 |
| Dwyers Cafe, LLC | $62,461 |
| Dynamic Orthotic Services, Inc. | $61,127 |
| Leemco, Inc. | $61,112 |
| Tyrobia Cormier | $57,400 |
| Bryson Accounting & Tax Service, LLC | $55,812 |
| Big Brother Big Sisters of Acadiana | $54,713 |
| Kammoe, Inc. | $53,277 |
| DR Scott Thomas Odom a Professional Corporation | $52,375 |
| Children's Museum of Acadiana | $52,250 |
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