Like the remainder of the nation, tons of of Knoxville-area enterprise certified for chunks of forgivable federal authorities loans to assist in the course of the COVID-19 pandemic.
Automobile dealerships and eating places, nonprofits and breweries together with non secular colleges and physician workplaces.
Throughout the state, greater than 93,000 companies have been accepted for $8.9 billion in doubtlessly forgivable loans from the federal Paycheck Safety Program, in accordance with federal information launched Monday.
Almost all of those loans – roughly 88% – have been accepted for loans of lower than $150,000. These companies’ names are protected by the U.S. Division of the Treasury.
The remaining 11,269 have been accepted for loans between $150,000 and $10 million. Nationally, the division launched the names of greater than 660,000 companies that acquired loans on this tier.
Nearly all of loans that went out to Knoxville firms have been lower than $1 million.
The companies listed have been deemed eligible by the Small Enterprise Administration for the PPP loans, a centerpiece of the federal authorities’s response to the COVID-19 pandemic that has left thousands and thousands out of labor and upended every day life in America.
Solely seven Knoxville firms have been accepted for the most important loan quantity – listed as $5-10 million. They’re:
- Aubrey’s Inc., Aubrey’s eating places
- The Diocese of Knoxville
- Copper Cellar Company, Mike Chase’s restaurant group which incorporates Calhoun’s Eating places and the Copper Cellar
- Inmet Mining LLC, a coal mining operation
- OrthoTennessee, native orthopedic clinics
- Mortgage Buyers Group
- Conner Ideas Inc., house owners of The Chop Home and Conner’s Steak and Seafood
Different notable loans
- Tindell’s Inc., $2-5 million
- Johnson College, $2-5 million
- First Baptist Church Harmony, $2-5 million
- Webb Faculty of Knoxville, $2-5 million
- Shoney’s of Knoxville, $2-5 million
- Holston Gases, $2-5 million
- Eagle Distributing Firm, Inc., $2-5 million
- The legislation agency of Lewis, Thomas, King, Krieg & Waldrop, $2-5 million
- Zoo Knoxville, $1-2 million
- Knoxville Beverage Firm, Inc., $1-2 million
- Buddy’s BBQ, $1-2 million
- Bandit Lites, Inc., $1-2 million
- Knoxville Wholesale Furnishings, $1-2 million
- Christian Academy of Knoxville, $1-2 million
- Smokey Mountain Tops Inc., $1-2 million
- Sevier Heights Baptist Church, $350,000 – 1 million
- Balter Beerworks, LLC, $350,000 – 1 million
- Nice Smoky Mountain Council of Boy Scouts of America, $350,000 – 1 million
- Boys and Women Membership of the Tennessee Valley, $350,000 – 1 million
- Catholic Charities of East Tennessee, Inc., $350,000 – 1 million
- Knox Space Rescue Ministries, Inc., $350,000 – 1 million
- Knoxville Habitat for Humanity, $350,000 – 1 million
- Woman Scout Council of the Southern Appalachians, Inc., $350,000 – 1 million
- Younger Williams Animal Shelter of East Tennessee, $350,000 – 1 million
- Emerald Youth Basis, $350,000 – 1 million
- Southern Alliance for Clear Vitality, $350,000 – 1 million
- Religion Promise Church, $350,000 – 1 million
- Ijams Nature Middle, Inc., $150,000 – 350,000
- Stanley’s Greenhouse, $150,000 – 350,000
- Church Street United Methodist Church, $150,000 – 350,000
- Knoxville Conference & Customer’s Bureau, $150,000 – 350,000
- Moxley Carmichael, Inc., $150,000 – 350,000
- Yassin’s Falafel Home, LLC, $150,000 – 350,000
- Knoxville Harley Davidson Inc., $150,000 – 350,000
- The Muse Knoxville, $150,000 – 350,000
- Knoxville Museum of Artwork, $150,000 – 350,000
- Large Brothers Large Sisters of East Tennessee, $150,000 – 350,000
- Litton’s Market and Restaurant, Inc., $150,000 – 350,000
- Kimball’s Inc., $150,000 – 350,000
- United Means of Better Knoxville, $150,000 – 350,000
USA TODAY contributed to this report.
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