50 PPP loans provided to small businesses in ZIP Code 31037 in 2021

50 PPP loans provided to small businesses in ZIP Code 31037 in 2021
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There were 50 PPP loans provided to small businesses in 2021 in ZIP Code 31037, according to the US Small Business Administration.

The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.

PPP loans distributed in 2021 in ZIP Code 31037

Name of Borrower Current Approved Amount
Pine Leaf Investment, Inc. $1,168,192
Johnny L. Coates Jr. $20,832
Juwana L. Swint $20,832
Marion Hames $20,832
Johnny McRae Jr. $20,832
Daniel M. Bellamy $20,832
Jasman B. Williams $20,832
Johnny L. Coates Jr. $20,832
Brandies L. Tillman $20,832
David L. Wesley Jr. $20,832
Twilia Hullett $20,832
Finley Holliman III $20,832
Larry D. Hamilton Jr. $20,832
Gary L. Wesley $20,832
Cherie L. Wright $20,832
Skylar M. Johnson $20,832
Lauren S. Little $20,832
Shekila Marable V $20,832
Bobby J. Collins Jr. $20,832
Kimberly N. Clay $20,832
Jalexis L. Clay $20,832
Jarvis Powell $20,832
Latisha Pace $20,832
Cheryl E. Ward $20,832
Cheryl Ward $20,832
Tonja N. Peterson $20,832
Lauren S. Little $20,832
Willie C. Eason $20,832
Jamaica T. Holloman $20,832
Franklin D. Mathis $20,832
Kelly Williams Rich $20,832
Tahira C. Dinkins $20,832
Jason L. Collins $20,832
Jonathan M. Gale $20,832
Shaquille Thomas $20,822
Steven Williams $20,805
Christine Brown $20,780
Pommie Eason $20,625
Kayla Nails $20,572
Volanda Jones $20,547
Tomeka Spires $20,415
Stacey Zanders Jr. $20,415
Stacey Zanders Jr. $20,415
Roger McRae $20,392
Freddie Moore $20,262
Larrion Hamilton $20,000
Shelanda Williams $19,407
Hollie Harrelson $8,677
Colby Higingbotham $5,208
Mary Alice Jones $3,680


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