There were 52 PPP loans issued in Alabama 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 |
|---|---|---|
| Alliance HR, Inc. | 2020-05-04 | $5-10 million |
| 4 YOU Bail Bonds, Inc. | 2020-05-04 | $1-2 million |
| Ervin and Associates, LLC | 2020-05-04 | $350,000-1 million |
| Mobile Area Chamber of Commerce | 2020-05-04 | $350,000-1 million |
| North Alabama Oral & Facial Surgery, LLC | 2020-05-04 | $350,000-1 million |
| Apis, LLC | 2020-05-04 | $150,000-350,000 |
| Bahama Bob's Beachside Cafe, Inc. | 2020-05-04 | $150,000-350,000 |
| Darden-Green Company, Inc. | 2020-05-04 | $150,000-350,000 |
| Elder Care of North Alabama, LLC | 2020-05-04 | $150,000-350,000 |
| Hamilton's on Magnolia, LLC | 2020-05-04 | $150,000-350,000 |
| Hamiltons on Ogletree, LLC | 2020-05-04 | $150,000-350,000 |
| Hireprohealth, LLC | 2020-05-04 | $150,000-350,000 |
| K & S Financial Group, Inc. | 2020-05-04 | $150,000-350,000 |
| RMTDD Anchor, LLLP | 2020-05-04 | $150,000-350,000 |
| Secure Tax Financial Solutions, LLC | 2020-05-04 | $150,000-350,000 |
| Henry Contracting, Inc. | 2020-05-05 | $350,000-1 million |
| Innotex Corporation | 2020-05-05 | $350,000-1 million |
| Sirius Technical Services, Inc. | 2020-05-05 | $350,000-1 million |
| Ultratec Special Effects HSV, Inc. | 2020-05-05 | $350,000-1 million |
| Hays Cheatwood Consulting, Inc. | 2020-05-05 | $150,000-350,000 |
| Insight Imaging, Inc. | 2020-05-05 | $150,000-350,000 |
| Jefferson County Intellectual & Developm | 2020-05-05 | $150,000-350,000 |
| Kitty's Kafe, Inc. | 2020-05-05 | $150,000-350,000 |
| Leathers, Inc. | 2020-05-05 | $150,000-350,000 |
| Shelby County Treatment Center, Inc. | 2020-05-05 | $150,000-350,000 |
| Stanford Leasing, Inc. | 2020-05-05 | $150,000-350,000 |
| American Family Care, Inc. | 2020-05-06 | $5-10 million |
| Monroe County Health Care Authority | 2020-05-06 | $2-5 million |
| Rural Health Medical Program, Inc. | 2020-05-06 | $2-5 million |
| Southern Equipment & Crew, LLC | 2020-05-06 | $350,000-1 million |
| The Health Care Authority of the City of Piedmont | 2020-05-06 | $350,000-1 million |
| Alabama Poured Walls | 2020-05-06 | $150,000-350,000 |
| Arnold's Truck Stop, Inc. | 2020-05-06 | $150,000-350,000 |
| Berry's Concrete Pumping, LLC | 2020-05-06 | $150,000-350,000 |
| Cleburne County Hospital Board | 2020-05-06 | $150,000-350,000 |
| Darrell Brown Trucking, Inc. | 2020-05-06 | $150,000-350,000 |
| ECM Home Health Services, Inc. | 2020-05-06 | $150,000-350,000 |
| S & J Construction, LLC | 2020-05-06 | $150,000-350,000 |
| Tram Equity, LLC | 2020-05-06 | $150,000-350,000 |
| Alabama Regional Medical Services | 2020-05-07 | $1-2 million |
| Big Saver Thrift Stores, Inc. | 2020-05-07 | $350,000-1 million |
| Enrestoration | 2020-05-07 | $350,000-1 million |
| Davis Oil Company of Dothan, Inc. | 2020-05-07 | $150,000-350,000 |
| Modern Homes & Equipment Company, Inc. | 2020-05-07 | $150,000-350,000 |
| Parker Adult Foster Homes, Inc. | 2020-05-07 | $150,000-350,000 |
| CRC Transport, LLC | 2020-05-08 | $350,000-1 million |
| Donohoo Chevrolet, LLC | 2020-05-08 | $350,000-1 million |
| Peterson Industrial, Inc. | 2020-05-08 | $350,000-1 million |
| James E Lipscomb and Sons, Inc. | 2020-05-08 | $150,000-350,000 |
| Los Reyes Grill, LLC | 2020-05-08 | $150,000-350,000 |
| EPL, Inc. | 2020-05-09 | $350,000-1 million |
| Uricho Services, Inc. | 2020-05-10 | $150,000-350,000 |
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