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 28562
| Name of Borrower | Current Approved Amount |
|---|---|
| Coastal Carolina Health Care, PA | $4,901,300 |
| Ward & Smith PA | $3,476,600 |
| Realo Discount Drug Stores of Eastern North Carolina, Inc. | $1,884,700 |
| D2 Government Solutions | $1,824,477 |
| Eastern Aviation Fuels, Inc. | $1,218,100 |
| Wheatstone Corporation | $1,161,025 |
| Carolina Orthopedic and Sports Medicine, Inc. | $1,087,900 |
| Carolina Technical Plastics Corporation | $999,696 |
| Lancaster Mcaden Willis Smith Company | $777,600 |
| Eastern Carolina Women's Center P. A. | $740,700 |
| CLVNB, Inc. | $693,461 |
| The Epiphany School for Global Studies | $598,700 |
| Coastal Children's Clinic, Inc. | $589,900 |
| Aylward Enterprises, LLC | $578,500 |
| Robert B Miller IV, PLLC D.D.S. | $577,887 |
| Cella Ford, Inc. | $530,200 |
| Carolina Home Medical, Inc. | $479,500 |
| Brinn Glass, Inc. | $468,100 |
| Fisher Stores, Inc. | $461,400 |
| Hagan & Hagan, Inc. | $423,300 |
| Urethane Innovators, Inc. | $422,289 |
| Owen G Dunn Company | $401,800 |
| Coastal Eye Clinic, P. A. | $401,600 |
| Atlantic Gulf Coast Contracting, Inc. | $386,600 |
| Marlin Transport, LLC | $359,300 |
| Our House Home Care Service, Inc. | $331,400 |
| Robinson Insurance Agency, Inc. | $302,182 |
| Overhead Door Company of New Bern, Inc. | $295,200 |
| C & S Optometric Services, PLLC | $282,700 |
| Beach Mistak Williams and Yeung PA | $269,900 |
| Bluesky Wealth Advisors, LLC | $232,000 |
| Day Ventures of NC, Inc. | $230,400 |
| E & J Automotive, Inc. | $227,200 |
| Craven Agent Services, Inc. | $224,200 |
| Management Services | $223,100 |
| Musashi Japanese Steak and Seafood Restaurant, Inc. | $216,400 |
| Bender Apparel & Signs, Inc. | $216,193 |
| Theraplay Junction, Inc. | $212,750 |
| Sanuki Japanese Steak House & Seafood Restaurant | $212,300 |
| Sybil Ventures, Inc. | $208,979 |
| Kenneth W Gibbs D PA, M.D. | $205,600 |
| Lalaja, Inc. | $205,055 |
| Wp-New Bern Health Holdings, LLC | $196,374 |
| Schlaadt Plastics Limited | $194,554 |
| Realo Discount Drugs of Onslow, Inc. | $190,200 |
| Jill's Pet Gallery | $186,100 |
| Darryl a Warren PA, D.D.S. | $184,500 |
| Seniors Choosing to Live at Home Management Services, LLC | $181,300 |
| New Bern Wings, LLC | $180,855 |
| Moore BBQ, Inc. | $165,700 |
| Daniel Whitley, III, P. A, D.D.S. | $165,400 |
| St. Paul Education Center | $164,500 |
| JC Jackson Homes, LLC | $163,600 |
| Q5 Investments, LLC | $162,900 |
| East Carolina Brace & Limb, Inc. | $160,000 |
| Annabelle's of New Bern, Inc. | $156,500 |
| Rankin & Fiume Orthodontics, LLP | $154,066 |
| Singleton Vision Center, P. A. | $151,800 |
| Axelson Chiroprtic Health | $146,571 |
| Craven Glass Company, Inc. | $145,600 |
| Glover Enterprises, Inc. | $145,140 |
| Frogley Chiropractic Center, PLLC | $144,200 |
| Tradewind Flight Services, Inc. | $140,100 |
| Carpenter Logging & Trucking, Inc. | $139,500 |
| New Bern Suites, LLC | $139,400 |
| Robert B Harrison MSD PLLC D.M.D. | $138,269 |
| Harbour Partners, LLC | $136,900 |
| DR Mark W Johnson PA | $136,286 |
| Tryon Electric Company of New Bern, Inc. | $135,872 |
| Patrick M Mcdonough MS PA, D.D.S. | $134,922 |
| Craven Pathology Associates, Inc. | $134,500 |
| Cook out New Ber City | $134,196 |
| Team New Bern | $132,400 |
| Excel Management, LLC | $132,082 |
| Kincaid & Purvis, PLLC | $129,800 |
| J. W. Sanders Trucking Company | $128,800 |
| Floors Unlimited | $125,600 |
| 4438a, LLC | $122,700 |
| The RB Group, Inc. | $116,151 |
| Miracle Pools, Inc. | $115,600 |
| Bridge Pointe Development, LLC | $113,500 |
| N. Kimmey Seymore III P. A., D.D.S. | $109,400 |
| Bills Pet Shop | $107,100 |
| Connor Spear Plumbing Company, LLC | $105,400 |
| New Bern Hopitality, Inc. | $104,755 |
| Paulas Pizza, LLC | $104,700 |
| Jacksonville FS, Inc. | $103,900 |
| Twin Rivers Plumbing, Inc. | $103,569 |
| Williams Scarborough Gray, LLP | $103,400 |
| Fuller Music House, Inc. | $103,100 |
| Latitude Church, Inc. | $102,727 |
| Elecon, LLC | $102,600 |
| Eastern NC Cinemas, LLC | $102,278 |
| Coastal Craftsmen, LLC | $100,900 |
| Coastal Orthopaedics & Spinal Surgery PA | $100,500 |
| Thomas a Kellis II, PLLC | $100,195 |
| Interfaith Refugee Ministry, Inc. | $99,900 |
| Guillen, LLC | $98,800 |
| Kiddie Kollege Learning Center, Inc. | $98,600 |
| Blackbeards Triple Play, LLC | $94,500 |
| Kenneth E Holton PA, D.D.S. | $94,100 |
| Andrew D. Mylander P. L. L. C., D.M.D. | $93,900 |
| Habitat for Humanity of Craven County NC | $91,670 |
| Streets, Ltd. | $89,900 |
| R L Thompson Company, Inc. | $89,820 |
| Prakash, Inc. | $89,300 |
| Food YOU Once Again, Inc. | $88,500 |
| Big Kahuna Pools Spas and More, Inc. | $87,900 |
| Avolis Engineering P. A. | $87,700 |
| H&S Logging, Inc. | $87,697 |
| Ryan Hagan, D.D.S. | $86,982 |
| Carolina Bagel Company | $85,282 |
| Halftime Sports Pub & Grub, LLC | $83,109 |
| A & H Associates, Inc. | $82,700 |
| Miller and Associates Four, PLLC | $81,813 |
| Tarheel Building Systems of New Bern, Inc. | $79,957 |
| Todd H. Rankin, P. A., D.D.S. | $79,700 |
| Thomas Engineering, P. A. | $78,757 |
| Tidewater Air Services, LLC | $78,700 |
| Pro Serv Food Equipment, LLC | $78,393 |
| Solo East Group, Inc. | $77,917 |
| Deborah P. Kilgore, PLLC D.D.S. | $77,770 |
| Eckco, LLC | $77,600 |
| Kenneth Klein | $77,100 |
| Harbor Point Contracting, Inc. | $75,856 |
| A-1 Fire & Safety Company, Inc. | $73,600 |
| Animal Care Center Veterinary Hospital, PLLC | $71,900 |
| Atlantic Loggings, Inc. | $70,900 |
| The Gavigan Agency, LLC | $70,845 |
| Stelma Properties, LLC | $70,500 |
| Tarheel Associates, Inc. | $70,100 |
| Joseph Hoard | $69,800 |
| Pirates Cove Triple Play, LLC | $68,564 |
| Warren and Miller Family Dentistry | $67,727 |
| Tesi Screening, Inc. | $67,500 |
| Sanna Suarez | $67,457 |
| Independent Human Services, LLC | $65,900 |
| Mcclay Custom Homes, Inc. | $63,600 |
| David B. Baxter P. A., O.D. | $63,600 |
| Rebecca L Forrest PA, D.D.S. | $63,500 |
| Chad Sittig Agency, LLC | $62,487 |
| American Marine & Fabricators, LLC | $62,200 |
| The Hearne's, Inc. | $61,600 |
| Ernest Richardson | $60,700 |
| Coastal Home Partners 2, LLC | $60,600 |
| Yarbrough Financial Services, Inc. | $60,417 |
| Reliable Prosthetics and Orthotics, LLC | $60,400 |
| TJS Properties, Inc. | $60,197 |
| Ayers & Haidt, P. A. | $59,900 |
| Drafting Memories, LLC | $59,609 |
| Professional Auto Service, Inc. | $59,600 |
| Neuse Veterinary Clinic | $58,500 |
| Jana J, Inc. | $57,423 |
| Bradley N. Adkins, PLLC D.D.S. | $56,500 |
| Bruin Builders, LCC | $56,356 |
| The E. A. Wood Law Firm, PLLC | $53,700 |
| Ebco Aviation Insurance, LLC | $53,600 |
| Weather Mission, Inc. | $53,384 |
| Black Insurance Services, LLC | $53,097 |
| Zink, Inc. | $53,014 |
| First Choice Benefits, Inc. | $52,665 |
| Robert J Caudle, PLLC | $52,535 |
| Steven K Bell Attorney at Law, PC | $52,400 |
| Aegis Consulting Group | $51,705 |
| Fastax, Inc. | $51,374 |
| Ernul's, LLC | $51,200 |
| Donald R Whitley PA, D.D.S. | $49,900 |
| Convenient Auto Care, LLC | $49,200 |
| Rankin Timber Company | $48,700 |
| Merchants Grocery Company | $48,100 |
| Whites Tire Service | $47,198 |
| New Ginza Restaurant, Inc. | $46,695 |
| Boeck Chiropractic Clinic PA | $45,600 |
| LDR Ventures, Inc. | $45,500 |
| Morton Commercial, Inc. | $44,900 |
| Total Openings, LLC | $44,296 |
| CTC3, LLC | $43,800 |
| Price Communications, Inc. | $42,600 |
| Scheper & Associates, Inc. | $42,300 |
| James M Zechman, PC | $41,700 |
| Saint Paul Catholic Church | $41,500 |
| Care-Full Creations, Inc. | $41,200 |
| Lasa, LLC | $41,025 |
| ELKS Lawn Care & Landscaping, Inc. | $40,300 |
| A Step Above Learning Academy, Inc. | $39,400 |
| Rcbowen Realty, Inc. | $39,200 |
| Tyson & Hooks Realty, Inc. | $39,032 |
| East Cuisine Asia Restaurant, Inc. | $38,233 |
| New Bern Church of God | $38,000 |
| Brinson Tractor Group, Inc. | $37,900 |
| GHC Construction, Inc. | $37,800 |
| J Michael Mills Attorney at Law | $36,906 |
| Fisher Transports, LLC | $36,117 |
| Crystal Coast Machine, LLC | $36,010 |
| NBNC Transport, Inc. | $35,600 |
| Reflections Home Care | $35,328 |
| Laura Burgess Marketing, Inc. | $35,150 |
| D & E Developments, LLC | $34,500 |
| Vine Health Food Cafe, LLC | $34,192 |
| Mar Company Products, Inc. | $33,400 |
| Greenleaf Memorial Park, Inc. | $33,100 |
| Huplacas, Inc. | $32,545 |
| At Home Pool and Spa Services, Inc. | $32,467 |
| Liberty Carpets, Inc. | $32,300 |
| Finlayson Consulting, LLC | $32,200 |
| Occasions to Celebrate | $31,571 |
| Williamsons Kitchen on the Trent Company | $31,500 |
| Allen Mobile Home Movers, Inc. | $31,200 |
| Boonjim, Inc. | $31,000 |
| Thornton Chiropractic Life Center PA | $30,930 |
| Cets, LLC | $30,642 |
| Carraway Chiropractic Center, PLLC | $30,332 |
| Psychological/therapeutic Resources, LLC | $29,950 |
| Southern Precision Land Management, LLC | $29,500 |
| Xolo Image, LLC | $29,390 |
| Pharmacy Plus of New Bern, Inc. | $29,376 |
| Trubilt Construction, LLC | $28,800 |
| Sharon Hunter | $28,700 |
| Stingray Cafe | $28,693 |
| Chiropractic and Acupuncture Center | $28,545 |
| Ryalcor, Inc. | $28,488 |
| Twin Rivers Crown & Bridge, Inc. | $27,399 |
| Holton Enterprises, Inc. | $27,300 |
| The Marshall Group of North Carolina, Inc. | $27,139 |
| Y & C, Inc. | $26,900 |
| Hunter Projects, LLC | $26,900 |
| Real Estate Center of New Bern, Inc. | $26,612 |
| A Fresh Start Behavioral Health Services, PLLC | $26,500 |
| Lois A. Flemming Dc | $26,195 |
| Heathers Rejuvenating Beauty Bar, Inc. | $25,700 |
| Beeond, Inc. | $25,400 |
| Timberland Valuation | $25,000 |
| Sake New Bern, Inc. | $24,802 |
| Woodcock Investments, Inc. | $24,585 |
| Leonard Fiume, P. A., D.M.D. | $24,200 |
| A Dog's Dream, LLC | $24,200 |
| Thomas Development, Inc. | $22,400 |
| Base 2 NC, Inc. | $22,167 |
| Elizabeth E Swicegood, PA, D.D.S. | $21,688 |
| Marios New Bern, Inc. | $21,600 |
| Craven Medical Management | $21,400 |
| James T. Purvis P. L. L. C., D.D.S. | $21,400 |
| Assisting at Home Registry, LLC | $21,212 |
| Mclauchlan, Inc. | $21,106 |
| Sean Carmen | $20,833 |
| Anthonyhill | $20,833 |
| Lavigne Appraisals | $20,833 |
| J & J Medical Equipment Service, LLC | $20,833 |
| Thomas Southern | $20,832 |
| William N. Alexander Jr. | $20,830 |
| Coastal Carolina Appraisals, LLC | $20,800 |
| The Paint Guy, LLC | $20,800 |
| Synergy Integrative Veterinary Clinic, PLLC | $20,700 |
| William Autry | $20,700 |
| Division Six Incorporated | $20,700 |
| Anthony D. Boyd | $20,387 |
| Forrest Law Firm, PC | $20,300 |
| Taron Berger | $20,282 |
| CJF Business Services | $20,210 |
| Noble Design Build, LLC | $20,200 |
| Webb Drafting Design and Construction | $20,000 |
| Kingdom Academy, Inc. | $20,000 |
| Savage's Wood-Burning Pizzeria | $19,920 |
| Treehouse Therapy, PLLC | $19,765 |
| Mr. Handy NC Construction, LLC | $19,700 |
| Judy Wilson | $19,600 |
| Dragonfly Paint Works, LLC | $19,200 |
| Know4sure Polygraph Services, LLC | $19,100 |
| David Parker Farms, Inc. | $19,000 |
| Coastal Carolina Showcase, LLC | $18,500 |
| Paul Hanlon | $18,400 |
| William I. Kincaid III PLLC D.D.S. | $18,300 |
| Eastern Pregnancy Information Clinic | $17,800 |
| Val's Pub & Grill, LLC | $17,600 |
| Charles McCotter K. Attorney At Law Jr. | $17,500 |
| Daco Appraisals, LLC | $17,500 |
| Cynthia Riley | $17,200 |
| Milady's, Inc. | $17,200 |
| Lori G. Baldwin, CPA | $17,200 |
| Panichellis Pizzeria | $16,964 |
| RZG Motorsports, LLC | $16,800 |
| Bear City Play Date, LLC | $16,800 |
| National Discount Mufflers, Inc. | $16,685 |
| CSB Group, LLC | $16,621 |
| Reid Family Eye Care, PLLC OD | $16,601 |
| Eastern Aviation Transport, LLC | $16,400 |
| Street Sounds IV, Inc. | $16,373 |
| Sonya Fulmore | $16,206 |
| R & R Cleaning of Eastern NC, Inc. | $16,158 |
| Cynthia Nice | $16,087 |
| Dedco, Inc. | $15,800 |
| Meredith Morse Homes, Inc. | $15,676 |
| Back Office Manager, LLC | $15,625 |
| Joesigns, Inc. | $15,500 |
| Gap Accounting, LLC | $15,400 |
| Sawgrass Developments, Inc. | $15,300 |
| Pelican Bay Boatworks, LLC | $15,300 |
| Atlas General Maintenance, LLC | $15,173 |
| Michelle K. Jerome, Attorney at Law | $15,000 |
| Lido Properties, LLC | $14,800 |
| Price Consulting & Coaching, LLC | $14,800 |
| Chappell Group, Inc. | $14,800 |
| RHQD Consulting, LLC | $14,762 |
| ELR Construction Services, Inc. | $14,700 |
| New Bern Fabric Center | $14,580 |
| LCA Advertising and Productions, Inc. | $14,500 |
| Gibbs Hall Hearing Aid Center, LLC | $14,500 |
| Corey Johnson | $14,400 |
| Cypress Dental Studio, Inc. | $14,200 |
| Irfana, Inc. | $13,911 |
| DRY Creek Electric, Inc. | $13,900 |
| Advantage Roofing & Remodeling | $13,813 |
| Gaskins Brothers | $13,700 |
| Inna K Porter LPC, PLLC | $13,517 |
| Second Chance Behavioral Health, PLLC | $13,500 |
| The Belcher Fam, LLC | $13,318 |
| Atlantic Land and Timber of Washington | $13,200 |
| Chance & Associates, Inc. | $13,100 |
| Van-Go of Eastern NC | $12,800 |
| The Sassy Boutique | $12,700 |
| L. C. L. Enterprises, Inc. | $12,696 |
| Frontier Marketing & Management | $12,500 |
| R Earl Jones, Inc. | $12,500 |
| Christopher Becton-Tatum | $12,400 |
| New Song United Methodist Church | $12,400 |
| L. R. Thomas & Sons, Inc. | $12,337 |
| Triple Play Oasis, LLC | $12,256 |
| Craven Literacy Council | $12,000 |
| Kenneth R Jones, Inc. | $11,900 |
| Carolyn Fulmore | $11,808 |
| Mbep White Ventures, Inc. | $11,654 |
| Victor W. Bustard, M.D. | $11,441 |
| Jumpin' Jive Battlefield, Inc. | $11,386 |
| RNJ Ventures, LLC | $11,300 |
| Bull's Eye Marketing | $11,279 |
| Hear ME Speak, LLC | $11,200 |
| Pic Frame & Gallery | $11,000 |
| Eric J Lalicker | $10,900 |
| Refreshing Lives Church, Inc. | $10,700 |
| Thompson Holdings, LLC | $10,517 |
| White's Opticians, LLC | $10,500 |
| Judy Taylor | $10,500 |
| Deese Appraisal Services, LLC | $10,490 |
| Coastal Real Estate & Management, Inc. | $10,400 |
| Stedman Ray Stewart Insurance Sales | $10,040 |
| Crockett's Critter Care, Inc. | $10,000 |
| Dana Kwang | $9,994 |
| Mark Leary Sp | $9,900 |
| Three Guys Signs, Inc. | $9,731 |
| Ttop Choice Masonry, LLC | $9,400 |
| Starr NC, Inc. | $9,377 |
| United Decorative Plastics of North Carolina, Inc. | $9,100 |
| Steven N Long, PC | $9,100 |
| Thrive Meetings & Events | $8,500 |
| Foods Unlimited, Inc. | $8,500 |
| All in One Cleaning Company, Inc. | $8,500 |
| Sherida A. Thompson | $8,400 |
| J Avery Events & Marketing, Inc. | $8,100 |
| Erich W Smith, PC | $7,900 |
| Data Integration Group, Inc. | $7,900 |
| Van•ness Agency, LLC | $7,800 |
| Hairapist, LLC | $7,800 |
| David Harshman | $7,747 |
| Two Chefs Catering, Inc. | $7,705 |
| Elwood's Auto Repair & Paint ETC, LLC | $7,700 |
| CT Bodo, Inc. | $7,568 |
| Wendy W Jones, Inc. | $7,200 |
| Friday's 1890 Seafood of New Bern | $7,100 |
| Epitomize, LLC | $7,000 |
| Reformation Lutheran Church | $6,804 |
| River Mills Professional Storage, LLC | $6,800 |
| Dear Laserworks, LLC | $6,700 |
| Wanda Kays School of Dance of New Bern, LLC | $6,400 |
| Playmaker Cargo Company | $6,245 |
| Spectrum Asset Services, Inc. | $6,243 |
| Jerry T Andrews, Inc. | $6,200 |
| Focus Nails & Pedicures | $5,862 |
| Ata Martial ARTS | $5,800 |
| Gary's Nursery, LLC | $5,731 |
| Fantasticdiscoveries | $5,625 |
| Shell We Speak, Inc. | $5,375 |
| Assisting at Home, LLC | $5,372 |
| Appoint Property Management, LLC | $5,300 |
| Cummings Training & Consulting | $5,251 |
| Andrea L. Roberts | $5,100 |
| Cynthia Ann Papia | $5,099 |
| The Chop Shop | $5,000 |
| John Boyd Consulting | $4,942 |
| Lewis N Clark Productions, LLC | $4,823 |
| Premier Timber, LLC | $4,700 |
| JB Investment Property, Inc. | $4,548 |
| Celebrate New Bern Home Sales | $4,323 |
| Tips Toes | $4,320 |
| Tips 2 Toes | $4,320 |
| Katie Ruth Mock | $4,300 |
| New Berne Antiques and Collectibles, LLC | $4,200 |
| River Brew Coffee House, Inc. | $4,200 |
| Happy Nails and Spa | $4,196 |
| JK Distributing, Inc. | $4,100 |
| World Fashions | $4,026 |
| Natasha Chapman | $3,907 |
| Christopher R. Orris | $3,645 |
| Phung Le | $3,520 |
| Leo Mitchell | $3,496 |
| Christopher Frye | $3,443 |
| Carl Dixon Builders | $3,397 |
| Noen Jao | $3,291 |
| River City Massage & Wellness, LLC | $3,100 |
| Monica Tedder | $3,083 |
| Erica Jefferson | $3,065 |
| Eastern RX Solutions, Inc. | $2,937 |
| Board Farquhar and Son, LLC | $2,842 |
| Jennifer Wright | $2,825 |
| Paul F. Proctor | $2,770 |
| Joy Lynn Gaskins | $2,750 |
| Airport Taxi Limo & Shuttle of New Bern | $2,531 |
| Diamond Property Management Plus | $2,500 |
| Interlink Telecommunications, Inc. | $2,500 |
| Roscoe Fulmore | $2,494 |
| Rachel Alderson | $2,473 |
| Robert D. Blackwell | $2,447 |
| Kristina Pham | $2,340 |
| Kimberly Clark | $2,276 |
| B & T Enterprise of New Bern, Inc. | $2,132 |
| David R. Cauley | $1,869 |
| New Bern Professional Health Services | $1,754 |
| Open Aperture Photography, LLC | $1,700 |
| Two Rivers Community Investments, LLC | $1,600 |
| Bern Baby Outfitters, Inc. | $1,237 |
| Barbara R. Brown | $1,066 |
| SATZ | $626 |
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