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 2020 in ZIP Code 73554
| Name of Borrower | Current Approved Amount |
|---|---|
| MB Holdings, LLC | $419,100 |
| Triad Home Health | $130,800 |
| James K. Ambrose, P. C., D.D.S. | $90,390 |
| Dustin C. Lively PLLC D.D.S. | $81,800 |
| Vanzant Group, LLC | $81,400 |
| Ultimate It Guys, LLC | $51,800 |
| Tiger Cub Learning Center | $41,615 |
| Heatly Farms | $33,930 |
| Mangum Drug Company, LLC | $33,200 |
| Gap Electric, Inc. | $30,300 |
| Menasco Enterprises, LLC | $26,010 |
| Red River Cowboy Church an Oklahoma Non-Profit, Inc. | $24,375 |
| Lively Operations | $24,200 |
| Greg Pence | $20,832 |
| Randal Pence | $20,832 |
| Jeremiah Kirby | $20,832 |
| Kelsey Travis | $20,830 |
| Angel Academy | $19,100 |
| Emery Myers | $18,400 |
| Corry S Kendall Attorney at Law, PC | $18,096 |
| Shawn Whetstone | $17,275 |
| House of Grace, Inc. | $16,593 |
| D Kelley Bowen | $15,100 |
| Jimmy Pendergraft | $14,826 |
| Ernest L. Babek | $14,300 |
| Brian Gambill | $13,195 |
| JH & Carolyn Heatly | $12,600 |
| The Castle Agency, LLC | $12,500 |
| Hamburger INN, LLC | $12,305 |
| Brett Hays | $12,100 |
| Flowers Unlimited | $12,100 |
| Jamie's Auto Sales | $11,500 |
| T & N Farms | $10,700 |
| Avery Accounting and Tax Service | $10,300 |
| Dewayne Clark | $9,200 |
| Mangum Tag Agency | $9,100 |
| Sunny Taylor | $8,595 |
| Big Iron Diesel Repair, LLC | $8,100 |
| Dyer Plumbing & Hvac | $7,510 |
| Victor Escobedo | $7,200 |
| Doyle Hopper | $7,180 |
| T W Trucking | $7,100 |
| Johnny Taylor | $6,250 |
| The Vinedresser | $5,800 |
| Peggy Ritter | $5,500 |
| Dillahunty Transports, LLC | $5,300 |
| Faith Garage Doors, LLC | $5,300 |
| Joe McGuffin | $5,000 |
| Christopher Berry | $4,975 |
| Riverland Auto Parts, LLC | $4,520 |
| Mangum Donuts | $3,400 |
| Daycare | $3,100 |
| Jesse Hopper | $2,935 |
| Kaitlyn's Kleaning | $2,300 |
| Krystal R. Johnson | $1,880 |
| Terry Whetstone | $1,725 |
| Oklahoma Auto Sales | $1,700 |
| Ashley Kelly | $1,675 |
| Bobby Blain | $1,305 |
| Taylor Zachary | $1,190 |
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