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 63122
| Name of Borrower | Current Approved Amount |
|---|---|
| Spartan Light Metal Products, Inc. | $9,453,740 |
| Dema Engineering Company & Affiliates | $4,850,587 |
| The Lutheran Church Missouri Synod | $4,047,518 |
| Concordia Plan Services | $3,288,603 |
| Seiler Instrument Manufacturing Company, Inc. | $3,160,000 |
| Carmelite Sisters of the Divine Heart of Jesus, South Centra | $2,182,200 |
| Merlo Automotive Group, Inc. | $1,740,500 |
| Lou Fusz Company of Kirkwood, Inc. | $1,623,600 |
| Golterman & Sabo, Inc. | $1,436,400 |
| Kemco Tool and Machine Company, Inc. | $1,341,200 |
| Mosby Building ARTS, Ltd. | $1,331,900 |
| Bohn and Dawson, Inc. | $1,302,700 |
| Global Surgical Corporation | $1,140,300 |
| St. John Vianney High School, Inc. | $1,066,600 |
| Manor Grove Incorporated | $1,050,827 |
| Lawrence Fabric Structures, Inc. | $938,100 |
| Christ Community Lutheran School | $925,900 |
| Arrow Box Company of St. Louis | $891,400 |
| L. E. Sauer Machine Company | $802,000 |
| Ginger Bay Salon and Spa, LLC | $791,900 |
| Suntrup Auto Investments, Inc. | $776,185 |
| The Magic House, St. Louis | $752,900 |
| Ursuline Academy, Kirkwood, Missouri | $740,000 |
| Wasabi Management Company, Inc. | $729,700 |
| Landvatter Ready Mix, Inc. | $709,200 |
| Davlan Engineering, Inc. | $684,600 |
| Dean/kirkwood, Inc. | $681,130 |
| Rock Hill Mechanical Corporation | $636,500 |
| Orthopedic Specialists, P.C. | $632,905 |
| North American Montessori-Child Care, Inc. | $632,450 |
| Saint Peter Catholic Church | $600,000 |
| Gateway Security Service, LLC | $558,000 |
| DLJ Squared 2, LLC | $553,948 |
| TRI Pro Graphics and Packaging, LLC | $551,900 |
| Agape Construction Company, Inc. | $519,600 |
| St. Gerard Majella Catholic Church | $510,445 |
| Alpine Shop, Ltd. | $501,000 |
| Leritz Contracting, Inc. | $496,300 |
| BBJF Enterprises, Inc. | $473,000 |
| BG North Kirkwood Pizza, LLC | $452,000 |
| St. Louis Pediatric Dentistry, LLC | $438,000 |
| Live Better Now, Inc. | $436,775 |
| Notion, LLC | $421,700 |
| Archimages, Inc. | $400,600 |
| Diamond Bar Motor Sports, LLC | $399,800 |
| Truqc, LLC | $382,575 |
| A-Mrazek Moving Systems, Inc. | $375,643 |
| Town and Country Pharmacies, Inc. | $373,500 |
| Polaris Software, LLC | $367,400 |
| Patriot Sunrooms, Inc. | $358,100 |
| Alfred F Mullen Concrete Contracting Company Incorporated | $345,708 |
| St. Louis County Dental Partnership, Timothy M Grayem and, D.D.S. | $341,400 |
| Laurie's Shoe Center, Inc. | $332,700 |
| Gross %26 Janes Company | $323,000 |
| Fred WM. Bendick, JR., Inc., D.V.M. | $312,500 |
| Big Rivers Marketing, LLC | $312,440 |
| Queen City Pharmacies, LLC | $311,900 |
| Outdoor Living Enterprises, Inc. | $307,809 |
| Global Food Market, LLC | $303,700 |
| Algonquin Nurses Home Health Care I, LLC | $302,700 |
| Greentree Community Church | $288,900 |
| Louis H Bopp, Inc. | $285,500 |
| Harris Technologies, Inc. | $281,700 |
| CR Magnetics, Inc. | $280,080 |
| FGB Group, LLC | $276,000 |
| Villa Di Maria Montessori School | $266,500 |
| Ginger Bay Town & Country, LLC | $265,400 |
| Fontana Contracting, Inc. | $263,036 |
| Brighton Electric, LLC | $258,000 |
| Industrial Shelving Systems, Inc. | $257,000 |
| Oishi, Inc. | $255,500 |
| NRS Pharmacies of Indiana, LLC | $254,600 |
| Strange Allegro, Inc. | $253,391 |
| Club TV One, LLC | $250,000 |
| Roton Products, Inc. | $248,300 |
| Universal Packaging, Corporation | $241,400 |
| Concordia Lutheran Church | $237,433 |
| Better ODDS I LP | $225,915 |
| Roeser Construction Company | $224,017 |
| Rohan Woods School | $223,857 |
| Radiologics, Inc. | $222,860 |
| Isee Store Innovations, LLC | $218,300 |
| Soar Medical, LLC | $214,000 |
| Petro Logistics, LLC | $212,065 |
| Shopgirl Boutique, Inc. | $211,941 |
| Gamel Company | $211,700 |
| Higginbotham Bros., Inc. | $211,700 |
| Complete Drywall & Taping, Inc. | $211,400 |
| National Real Estate Management Corporation | $211,000 |
| Combustion Kinetics Corporation | $207,500 |
| J E Redington Company | $206,200 |
| Frisch Masonry, Inc. | $204,270 |
| Midco Global, Inc. | $197,300 |
| Pappy's South, LLC | $194,900 |
| Kirkwood United Methodist Church | $194,000 |
| John Steurer Plastering Company, Inc. | $193,365 |
| Croghan & Croghan, PC | $192,084 |
| STE Genevieve Du Bois Church | $189,800 |
| EWR Radar Systems | $189,000 |
| Reid's Pastry & Chocolate, LLC | $186,970 |
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