Here are the top 50 largest PPP loans provided in 2020 to small businesses in ZIP Code 28518, according to the US Small Business Administration.
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 |
|---|---|
| Wp-Beulaville Health Holdings, LLC | $200,100 |
| Mikes Farm, Inc. | $182,300 |
| Beulaville Pharmacy, Inc. | $154,268 |
| T & T Electric Company | $134,400 |
| Legion Asphalt, Inc. | $123,200 |
| Jacksons Iga, Inc. | $117,800 |
| Tarheel Mobile Home Supply, Inc. | $113,100 |
| Thomas and Horne Oil Company, Inc. | $107,300 |
| Advantage Ot, Inc. | $96,901 |
| Pizza Village of Beulaville, Inc. | $94,800 |
| Industrial Hydraulics, Inc. | $94,065 |
| Raynor Farm Services, Inc. | $93,245 |
| Albertson & Jones, P. A. | $89,200 |
| Down East Homes of Beulaville, Inc. | $85,600 |
| Kyle Contracting, Inc. | $82,000 |
| Blizzard Construction Company, Inc. | $76,700 |
| Tarheel Human Services-Mental Health Division, PC | $76,200 |
| J. Kim Hatcher Insurance Agencies, Inc. | $72,900 |
| DR Reamer & Associates PA | $69,688 |
| Mobley Electrical, LLC | $67,437 |
| Charles a Sumner | $63,100 |
| R & B Investments of Beulaville, Inc. | $62,700 |
| Johnny J Williams Land Surveying, PC | $58,900 |
| Triple S Farms and Cleaning, Inc. | $57,495 |
| Emma Kaye Atkinson | $50,295 |
| M R Whaleys Supermarket, Inc. | $42,800 |
| Grace Covenant Church of Beulaville | $40,700 |
| Beaulaville Western Auto Value, Inc. | $38,600 |
| Tarheel Human Services, Inc. | $35,600 |
| The Beulaville Presbyterian Church, Inc. | $33,400 |
| Evelyn Baysden Trucking, Inc. | $30,500 |
| Simply Rob, Inc. | $29,900 |
| Belinda Miller | $22,500 |
| Agriment Services, Inc. | $22,240 |
| Stephania Roberts | $19,757 |
| Magnum Mobile Welding | $19,600 |
| Miller Auto Supply, Inc. | $19,578 |
| Jenco Construction, LLC | $18,600 |
| Graham Baker | $18,500 |
| Beulaville Eye Care, Inc. | $17,488 |
| Janet D. Miller | $16,567 |
| Cosmo Construction | $16,460 |
| RS & JS Investments, LLC | $16,250 |
| Richard E FRY O D P a | $15,800 |
| Pickett’s Heating & Air, LLC | $15,300 |
| JJ Tabora Construction, LLC | $12,550 |
| Hair Exchange | $11,155 |
| Perrydice Express, Inc. | $10,800 |
| James and Ezzell Holdings, LLC | $9,958 |
| Jennifer Kennedy | $9,500 |
