There were 39 PPP loans issued in South Carolina 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 |
|---|---|---|
| Southland Health Care Center, Inc. | 2020-06-22 | $350,000-1 million |
| Steady Moddin Motorsports, LLC | 2020-06-22 | $350,000-1 million |
| Founders Golf Management, LLC | 2020-06-22 | $150,000-350,000 |
| Sustainable Lighting Solutions, LLC | 2020-06-22 | $150,000-350,000 |
| Carolina Chrome & Plating, LLC | 2020-06-23 | $350,000-1 million |
| Eastside Assisted Living, LLC | 2020-06-23 | $350,000-1 million |
| Langley III, LLC | 2020-06-23 | $350,000-1 million |
| Product Data Integration | 2020-06-23 | $350,000-1 million |
| Aac East, LLC | 2020-06-23 | $150,000-350,000 |
| CFL Facilities, Inc. | 2020-06-23 | $150,000-350,000 |
| Crazy Horse Saloon Restaurant, Inc. | 2020-06-23 | $150,000-350,000 |
| Port City Container Transport, LLC | 2020-06-23 | $150,000-350,000 |
| Triple P America, Inc. | 2020-06-23 | $150,000-350,000 |
| Center for Learning, Inc. | 2020-06-24 | $150,000-350,000 |
| Imperial Luxe, LLC | 2020-06-24 | $150,000-350,000 |
| Continuing Success, Inc. | 2020-06-25 | $350,000-1 million |
| Pelzer Mechanical Contractors, Inc. | 2020-06-25 | $350,000-1 million |
| Greenville Memory Care, LLC | 2020-06-25 | $150,000-350,000 |
| KMI of Easley, LLC | 2020-06-25 | $150,000-350,000 |
| MRT Construction, LLC | 2020-06-25 | $150,000-350,000 |
| Apothesource | 2020-06-26 | $350,000-1 million |
| Avalonia Group Homes, Inc. | 2020-06-26 | $350,000-1 million |
| Parental Care Center, LLC | 2020-06-26 | $350,000-1 million |
| Steady Moddin Motorsports, LLC | 2020-06-26 | $350,000-1 million |
| Tetramer Technologies, LLC | 2020-06-26 | $350,000-1 million |
| Coast to Coast Utility Construction, Inc. | 2020-06-26 | $150,000-350,000 |
| Crockett Doodles | 2020-06-26 | $150,000-350,000 |
| Lawson Enterprises, LLC | 2020-06-26 | $150,000-350,000 |
| Port City Container Transport, LLC | 2020-06-26 | $150,000-350,000 |
| Priority Home Care, LLC | 2020-06-26 | $150,000-350,000 |
| Trevino Trucking, LLC | 2020-06-27 | $150,000-350,000 |
| Azam Remodeling, LLC | 2020-06-28 | $350,000-1 million |
| Keystone Investment Properties of Greenville, LLC | 2020-06-28 | $350,000-1 million |
| M&H Logistics, LLP | 2020-06-28 | $350,000-1 million |
| School Pole and Piling | 2020-06-28 | $350,000-1 million |
| Timur Enterprises, LLC | 2020-06-28 | $350,000-1 million |
| Celtic Ventures, LLC | 2020-06-28 | $150,000-350,000 |
| Grace Logistics, LLC | 2020-06-28 | $150,000-350,000 |
| Ken's Quality Air, LLC | 2020-06-28 | $150,000-350,000 |
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