There were 53 PPP loans issued in Indiana during the week ending June 28. 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 |
|---|---|---|
| Royal Pin Leisure Centers, Inc. | 2020-06-22 | $1-2 million |
| C Clips Corporation | 2020-06-22 | $350,000-1 million |
| Covideo, LLC | 2020-06-22 | $350,000-1 million |
| Blitz Manufacturing Company of Indiana, Inc. | 2020-06-22 | $150,000-350,000 |
| C. B. Hunt Freight Lines | 2020-06-22 | $150,000-350,000 |
| Indiana Charms, LLC | 2020-06-22 | $150,000-350,000 |
| Lux360, Inc. | 2020-06-22 | $150,000-350,000 |
| Midamerica Safety Solutions, LLC | 2020-06-22 | $150,000-350,000 |
| Monticello Emergency Care, LLC | 2020-06-22 | $150,000-350,000 |
| Riggen, Inc. | 2020-06-22 | $150,000-350,000 |
| Salsa's of Mishawaka, Inc. | 2020-06-22 | $150,000-350,000 |
| Ye Olde Meat Shoppe, LLC | 2020-06-22 | $150,000-350,000 |
| Symphony of Chesterton, LLC | 2020-06-23 | $1-2 million |
| Symphony of Dyer, LLC | 2020-06-23 | $1-2 million |
| Symphony of Crown Point, LLC | 2020-06-23 | $350,000-1 million |
| Big Creek. , LLC | 2020-06-23 | $150,000-350,000 |
| Crystal Valley Heating & Air Conditioning, Inc. | 2020-06-23 | $150,000-350,000 |
| Dump Trucks, Inc. | 2020-06-23 | $150,000-350,000 |
| Need a Nurse, Inc. | 2020-06-23 | $150,000-350,000 |
| Richmond Trucking, Inc. | 2020-06-23 | $150,000-350,000 |
| Macer Transportation, Inc. | 2020-06-24 | $350,000-1 million |
| USA Gymnastics | 2020-06-24 | $350,000-1 million |
| Apex Paving & Excavating, Inc. | 2020-06-24 | $150,000-350,000 |
| Megaputer Intelligence, Inc. | 2020-06-24 | $150,000-350,000 |
| MGE Wholesale, Inc. | 2020-06-24 | $150,000-350,000 |
| Aging and in-Home Services of Northeast Indiana, Inc. | 2020-06-25 | $350,000-1 million |
| Inter Trans, Inc. | 2020-06-25 | $350,000-1 million |
| Noble Divine Development, LLC | 2020-06-25 | $350,000-1 million |
| Platinum Motorsport, LLC | 2020-06-25 | $350,000-1 million |
| Edison Lakes Oral Surgery, PC | 2020-06-25 | $150,000-350,000 |
| Firkins, LLC | 2020-06-25 | $150,000-350,000 |
| Kurr Aesthetics, LLC | 2020-06-25 | $150,000-350,000 |
| Logsdon and Son, Inc. | 2020-06-25 | $150,000-350,000 |
| Paso Del Sol, Inc. | 2020-06-25 | $150,000-350,000 |
| VKF Renzel USA Corporation | 2020-06-25 | $150,000-350,000 |
| L. E. L. Home Services, L.L.C. | 2020-06-26 | $2-5 million |
| TL Builders, LLC | 2020-06-26 | $2-5 million |
| Irely, LLC | 2020-06-26 | $350,000-1 million |
| Anointed Touch Home Healthcare, LLC | 2020-06-26 | $150,000-350,000 |
| Attlo, LLC | 2020-06-26 | $150,000-350,000 |
| Ayala Roman & Moranchel, Inc. | 2020-06-26 | $150,000-350,000 |
| Beaumont Senior Living, LLC | 2020-06-26 | $150,000-350,000 |
| Credit Achieved, LLC | 2020-06-26 | $150,000-350,000 |
| Environmental Management Specialists, Inc. | 2020-06-26 | $150,000-350,000 |
| Fiddlers Hearth | 2020-06-26 | $150,000-350,000 |
| Finally Fondue I, Inc. | 2020-06-26 | $150,000-350,000 |
| Fourway Computer Products, Inc. | 2020-06-26 | $150,000-350,000 |
| Parkside Pharmacy, Inc. | 2020-06-26 | $150,000-350,000 |
| Real World Testing, LLC | 2020-06-26 | $150,000-350,000 |
| Ice Cream Dan, LLC | 2020-06-27 | $350,000-1 million |
| BDH Management, Inc. | 2020-06-28 | $350,000-1 million |
| Covered Construction Concept, LLC | 2020-06-28 | $150,000-350,000 |
| Win1trucking | 2020-06-28 | $150,000-350,000 |
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