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 65265
| Name of Borrower | Current Approved Amount |
|---|---|
| Mexico Plastic Company | $1,363,200 |
| Missouri Military Academy | $1,188,900 |
| Crown Linen Service, Inc. | $1,171,200 |
| East Central Missouri Behavioral Health Services, Inc. | $999,130 |
| Gold Crest Distributing, LLC | $790,900 |
| Fluid Power Support, LLC | $653,390 |
| Mexico Heating Company, Inc. | $556,300 |
| M&M Golf Cars, LLC | $531,000 |
| Graf & Sons, Inc. | $415,600 |
| N & R of Mexico, LLC | $389,800 |
| Pearl Motor Company | $266,700 |
| Flowmaster Construction, LLC | $241,600 |
| M & M Vehicle Corporation | $221,400 |
| Ennis Childs Operations, LLC | $207,000 |
| The Missouri Branch of the International Order of the King's | $205,700 |
| St. Brendan Catholic Church, Mexico | $197,400 |
| Brick City Painting & Drywall, LLC | $191,200 |
| PRM II, LLC | $181,300 |
| Gallaher Insurance Group, LLC | $168,427 |
| Mexico Area Family Ymca, Inc. | $162,100 |
| Miller Tire of Mexico, Missouri, LLC | $150,700 |
| Zenith Aircraft Company | $145,300 |
| Ironstar Beds, LLC | $141,600 |
| Justbren, Inc. | $141,300 |
| Information Management & Securities, LLC | $140,000 |
| Sudip, Inc. | $136,973 |
| Erdel and Wood Home Improvement Centers, Inc. | $136,700 |
| Mid-Missouri Truck & Trailer Parts, LLC | $128,800 |
| Meyers Truck Service, LLC | $126,100 |
| Charlie's Pest Control, Inc. | $123,600 |
| Robinett Construction, Inc. | $115,025 |
| Oakridge Contractors, LLC | $109,397 |
| Sound Solutions, Inc. | $106,900 |
| Donaldson Excavating, LLC | $106,400 |
| Muktajeevan, Inc. | $105,010 |
| Webber Pharmacy, Inc. | $104,200 |
| Handi-Shop, Inc. | $100,448 |
| Avant Supported Living, LLC | $98,051 |
| Kxeo Radio, Inc. | $93,862 |
| Tool Technician, LLC | $87,107 |
| Mommens Heating and Cooling, LLC | $84,000 |
| A & B Prescription Shop, Inc. | $80,000 |
| Landmark Title & Guaranty Company, Inc. | $78,600 |
| ARCH Enterprises, Inc. | $77,200 |
| Audrain County Motor Company, Inc. | $75,405 |
| Randy's Auto Body, LLC | $73,500 |
| Sydenstricker Genetics, Inc. | $73,210 |
| Audrain Veterinary Clinic, LLC | $73,100 |
| Oak Tree Club, LLC | $72,567 |
| Apollo Porto Potties & Pumping Services, LLC | $72,267 |
| Eye to Eye Optometry, Inc. | $72,025 |
| Central Metals Recycling, LLC | $68,687 |
| Ron's Collision Repair, LLC | $66,691 |
| Michael E Briggs, D.D.S. | $62,500 |
| Las Flores, Inc. | $60,232 |
| Mexico Eye Center, LLC | $59,300 |
| Brett, Erdel, Owings, Tanzey & Newton, P.C. | $58,355 |
| Azdell Hydraulics & Machine in | $57,100 |
| Mid-Missouri Accounting, LLC | $55,000 |
| Peak, Marking & Associates, Inc. | $53,800 |
| Braun Enterprise, Inc. | $53,167 |
| Benne Farms Partnership | $52,700 |
| First Presbyterian Church of Mexico, MO, Inc. | $51,300 |
| Melody's Quality Jewelry, LLC | $51,200 |
| Khan Estates, LLC | $50,000 |
| Showcase, LLC | $48,815 |
| Mexico Cardiovascular Associates, LLC | $48,757 |
| Devault Veterinary Services, LLC | $48,100 |
| Maxwell Trailers & Pickup Accessories, Inc. | $47,782 |
| Diner 54, LLC | $47,700 |
| Arnold Funeral Home, Inc. | $47,647 |
| Krueger Law Firm, LLC | $46,200 |
| We Wil Transport, LLC | $45,960 |
| Audrain Orthopaedics, PC | $45,157 |
| M&M Trenching & Excavating, LLC | $44,900 |
| Star Farms | $44,008 |
| Miller's Plumbing & Heating, LLC | $43,425 |
| Edward G. Stephens, D.D.S. | $43,200 |
| Yager Holdings, LLC | $42,512 |
| Melahn Investments, Inc. | $39,978 |
| Continental Bag Company | $39,327 |
| Car-Mel Enterprises, LLC | $38,098 |
| Mexico Womens Health Specialists, LLC | $38,000 |
| Jones Abrasive Waterjet Services, LLC | $37,600 |
| Plan B Development, LLC | $37,462 |
| Robnett Automotive, LLC | $37,200 |
| Ken's Fast Lube, LLC | $36,195 |
| TJS, LLC | $35,700 |
| Copper Leaf Contractors, LLC | $33,672 |
| Stacey's Place, LLC | $33,200 |
| Allison-Crowe Overhead Doors, LLC | $32,592 |
| Suzanne Baker Insurance Agency, Inc. | $31,735 |
| Progressive Automotive, LLC | $31,500 |
| Children's Therapy & Early Education School | $30,500 |
| BM Deihl, LLC | $29,953 |
| Saint Robert Hotel Group, LLC | $29,700 |
| Steinman Retail, LLC | $29,200 |
| Robert Cox CPA, P.C. | $28,982 |
| Mexico United Methodist Church | $28,810 |
| Imagine This, LLC | $28,775 |
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