There were 76 PPP loans issued in Indiana during the week ending May 10. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Itsuwa USA, LLC | 2020-05-04 | $350,000-1 million |
KN Platech America Corporation | 2020-05-04 | $350,000-1 million |
R&R Technologies, LLC | 2020-05-04 | $350,000-1 million |
Specialty Construction, Inc. | 2020-05-04 | $350,000-1 million |
St. Susanna Catholic Church, Plainfield, Inc. | 2020-05-04 | $350,000-1 million |
AWH Logistics, LLC | 2020-05-04 | $150,000-350,000 |
Ball Dentistry | 2020-05-04 | $150,000-350,000 |
Childrens Therapy Innovations, Inc. | 2020-05-04 | $150,000-350,000 |
Colonial Assisted Living of Vincennes, Inc. | 2020-05-04 | $150,000-350,000 |
JR, LLC | 2020-05-04 | $150,000-350,000 |
Mid-State Truck Equipment, Inc. | 2020-05-04 | $150,000-350,000 |
Midland Hotel Group, LLC | 2020-05-04 | $150,000-350,000 |
New Direction Christian Church | 2020-05-04 | $150,000-350,000 |
North American Latex Corporation | 2020-05-04 | $150,000-350,000 |
Quartz Group, Inc. | 2020-05-04 | $150,000-350,000 |
Service Mechanical, Inc. | 2020-05-04 | $150,000-350,000 |
United Resource Group, Inc. | 2020-05-04 | $150,000-350,000 |
Your Healing Touch Personal Services Agency, LLC | 2020-05-04 | $150,000-350,000 |
Specialized Staffing Solutions, LLC | 2020-05-05 | $2-5 million |
Allied Equipment Service Corporation | 2020-05-05 | $350,000-1 million |
Indiana Center for Recovery, LLC | 2020-05-05 | $350,000-1 million |
Kyana Commercial Interiors, LLC | 2020-05-05 | $350,000-1 million |
Maple Manor Christian Home, Inc. | 2020-05-05 | $350,000-1 million |
Modern Manpower, LLC | 2020-05-05 | $350,000-1 million |
Adtec Administrative & Technical Consult | 2020-05-05 | $150,000-350,000 |
BCH, Inc. | 2020-05-05 | $150,000-350,000 |
Constellation Mold, Inc. | 2020-05-05 | $150,000-350,000 |
E T & T Enterprises, Inc. | 2020-05-05 | $150,000-350,000 |
Hamilton Insulation, Inc. | 2020-05-05 | $150,000-350,000 |
Hippensteel Funeral Home, Inc. | 2020-05-05 | $150,000-350,000 |
Jump for Charity, Inc. | 2020-05-05 | $150,000-350,000 |
Parker Papa's, Inc. | 2020-05-05 | $150,000-350,000 |
Premier Facilities Services, LLC | 2020-05-05 | $150,000-350,000 |
Saint John the Baptist Catholic Church | 2020-05-05 | $150,000-350,000 |
Snyder & Lehnen Sheet Metal, Inc. | 2020-05-05 | $150,000-350,000 |
Wampler Services, Inc. | 2020-05-05 | $150,000-350,000 |
White Drywall, LLC | 2020-05-05 | $150,000-350,000 |
Trkulja Holdings, Inc. | 2020-05-06 | $1-2 million |
ABM Advanced Bearing Materials, LLC | 2020-05-06 | $350,000-1 million |
Geo Academies EBR | 2020-05-06 | $350,000-1 million |
Techo-Bloc Midwest Corporation | 2020-05-06 | $350,000-1 million |
Apple Logistics, Inc. | 2020-05-06 | $150,000-350,000 |
Coomes Excavating, LLC | 2020-05-06 | $150,000-350,000 |
Effort Enterprises of Indiana, Inc. | 2020-05-06 | $150,000-350,000 |
Electrical Automation Services, LLC | 2020-05-06 | $150,000-350,000 |
G & T Hendrick Corporation | 2020-05-06 | $150,000-350,000 |
Good Shepherd United Methodist Church, Inc. | 2020-05-06 | $150,000-350,000 |
Jett Pro Line Maintenance, LLC | 2020-05-06 | $150,000-350,000 |
Woodys Garage | 2020-05-06 | $150,000-350,000 |
Emmaus Christian Church/christian Church/ Disciples of Christ, Inc. | 2020-05-07 | $1-2 million |
Filewave USA, Inc. | 2020-05-07 | $350,000-1 million |
North Clark Medical Group, LLC | 2020-05-07 | $350,000-1 million |
Accraline, Inc. | 2020-05-07 | $150,000-350,000 |
Americas Commercial Transportation Research Company, LLC | 2020-05-07 | $150,000-350,000 |
East Tenth United Methodist Children and Youth Center | 2020-05-07 | $150,000-350,000 |
K-K Tool and Design, Inc. | 2020-05-07 | $150,000-350,000 |
Laspada Enterprises, Inc. | 2020-05-07 | $150,000-350,000 |
Mundell and Associates, Inc. | 2020-05-07 | $150,000-350,000 |
United Pet Food Manufacturing, LLC | 2020-05-07 | $150,000-350,000 |
The Voice of God Recordings, Inc. | 2020-05-08 | $1-2 million |
Fusion Wood Products, LLC | 2020-05-08 | $350,000-1 million |
Indiana Hardwood Specialists, Inc. | 2020-05-08 | $350,000-1 million |
MCP USA, Inc. | 2020-05-08 | $350,000-1 million |
Senior Support Services, Inc. | 2020-05-08 | $350,000-1 million |
Bradley Realty, Inc. | 2020-05-08 | $150,000-350,000 |
Cornerstone Dentistry, Inc. | 2020-05-08 | $150,000-350,000 |
Crystal Valley Computers, Inc. | 2020-05-08 | $150,000-350,000 |
Holy Redeemer Catholic Church | 2020-05-08 | $150,000-350,000 |
Joseph M Black JR Chapter 13 Standing Trustee | 2020-05-08 | $150,000-350,000 |
Lafayette Sani-Wash, Inc. | 2020-05-08 | $150,000-350,000 |
The Hill Company, Inc. | 2020-05-08 | $150,000-350,000 |
Therametric Technologiesinc. | 2020-05-08 | $150,000-350,000 |
V & H Excavating Company, Inc. | 2020-05-08 | $150,000-350,000 |
Drexel Foundation for Educational Excellence, Inc. | 2020-05-09 | $1-2 million |
Walt Temple Tree Service | 2020-05-09 | $350,000-1 million |
Valparaiso Exterior Designers, Inc. | 2020-05-10 | $150,000-350,000 |