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 35205
| Name of Borrower | Current Approved Amount |
|---|---|
| Southern Research Institute | $7,726,700 |
| Arlington Properties, Inc. | $3,587,228 |
| Sirote & Permutt, PC | $3,430,000 |
| Southview Medical Group, PC | $2,996,200 |
| Bhate Environmental Associates, Inc. | $2,250,000 |
| Intime Staffing, LLC | $1,895,400 |
| The Cookie Place, Inc. | $1,735,900 |
| Andrews Sports Medicine & Orthopaedic Center, LLC | $1,691,572 |
| Bayer Properties, LLC | $1,571,400 |
| Cory Watson, PC | $1,431,200 |
| Technician Providers, Inc. | $1,298,600 |
| SPM, LLC | $1,233,400 |
| Enterprise Associates of Alabama, P.C | $1,144,200 |
| Kassouf & Company, PC | $1,107,000 |
| Henderson & Walton Women's Center, PC | $1,010,542 |
| Schoel Engineering Company, Inc. | $1,003,500 |
| Hubbard Properties, Inc. | $998,000 |
| Orthosports Associates, LLC | $897,500 |
| Total Skins & Beauty Dermatology Center, PC | $854,000 |
| Alabama Goodwill Industries, I | $851,500 |
| Gateway | $803,100 |
| Campus Hospitality Services, LLC | $784,421 |
| Petra RMS, LLC | $770,900 |
| Children's Aid Society of Alabama | $700,000 |
| Rheumatology Associates, P. C. | $668,300 |
| Independent Presbyterian Church | $668,200 |
| St. Vincent's Orthopedics, PC | $667,271 |
| Seale Harris Clinic, PC | $593,000 |
| Engel Realty Company, LLC | $588,500 |
| Dominick Feld Hyde, PC | $562,500 |
| Retail Strategies, LLC | $560,500 |
| Bottega, Inc. | $546,400 |
| Birmingham Obstetrics Gynecology, P.C. | $539,000 |
| Holy Family Cristo Rey Catholic High School, Inc. | $477,600 |
| Alabama Ophthalmology Associates, PC | $470,800 |
| Fast Slow Motion, LLC | $460,500 |
| GM Place, Inc. | $460,500 |
| Environmental Litigation Group, PC | $458,000 |
| Excelsior Corporation | $433,700 |
| Ob-Gyn Associates of Alabama | $407,080 |
| Retina Specialists of Alabama, LLC | $371,602 |
| Canterbury Electric Company, Inc. | $369,000 |
| Highlands United Methodist Church | $367,832 |
| Birmingham Pediatric Associates, Inc. | $362,351 |
| Southside Pain Specialists, PC | $352,000 |
| Ocean Restaurant | $350,058 |
| Neurosurgical Associates, PC | $323,666 |
| Fonfon, Inc. | $318,100 |
| Fellowship House, Inc. | $315,530 |
| Red Rock Realty Group, Inc. | $303,700 |
| Norman, Wood, Kendrick & Turner | $298,700 |
| Crafton Communications, Inc. | $296,000 |
| Red Mountain Theatre Company, Inc. | $286,100 |
| Birmingham Dreamland, Inc. | $283,740 |
| Temple Emanu-El | $279,800 |
| Christopher Architecture & Interiors, Inc. | $272,000 |
| Public House, LLC | $259,700 |
| Collaborative Solutions, Inc. | $259,327 |
| Sloss Real Estate Company, Inc. | $251,000 |
| South Highland Child Development Center | $231,700 |
| EBS Services, LLC | $220,100 |
| Real Estate Matrix, LLC | $219,570 |
| Keecha Harris and Associates | $219,200 |
| Birmingham Podiatry, PC | $218,632 |
| Frank S Buck, PC | $212,300 |
| Data House, Inc. | $212,200 |
| Podiatry Associates, P.C. | $209,800 |
| St. Marys on the Highlands | $202,376 |
| Jefferson County Medical Foundation Trust | $200,000 |
| Montgomery Environmental, Inc. | $198,000 |
| International Moulding, Inc. | $197,500 |
| Redmont Pediatric Associates, P. C. | $197,100 |
| Retina Specialists of Alabama in Montgomery, LLC | $192,789 |
| Davis & Norris, LLP | $192,200 |
| Sharp and Stone OB/gyn, PC | $189,077 |
| Strada Professional Services, LLC | $188,950 |
| Kassouf Healthcare Solutions, LLC | $188,000 |
| Multi-Point Communications, Inc. | $186,979 |
| Surin 280, LLC | $186,170 |
| Orchards Development, LLC | $180,547 |
| The Birmingham Education Foundation | $180,500 |
| Galley & Garden, LLC | $180,345 |
| Dream Staffing, LLC | $179,530 |
| Big Brothers / Big Sisters of Greater Birmingham, Inc. | $178,900 |
| Stephen J Kelly PC, M.D. | $176,635 |
| Blankenship & Seay Consulting Group | $175,000 |
| Redmont Distilling Company, LLC | $175,000 |
| Michael S. Beckenstein, LLC M.D. | $174,900 |
| Lopez-Dejonge, Inc. | $170,000 |
| Susan B Winchester PC, M.D. | $169,600 |
| Ce Outcomes, LLC | $168,500 |
| Surin West, Inc. | $161,039 |
| Alabama Center for Eating Disorders, LLC | $159,500 |
| Weldenfield Development, LLC | $159,257 |
| Triumph Services, Inc. | $157,125 |
| Surin of Thailand Huntsville, LLC | $156,521 |
| Saint Rose of Lima School | $154,850 |
| Oasis Counseling for Women and Children | $148,969 |
| Mccollough Enterprises, LLC | $148,493 |
| Service Technician, Inc. | $143,817 |
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