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What Wichita County businesses got PPP loans and still owe money?

In the Wichita Falls area, like the rest of the state, Paycheck Protection Method (PPP) loans were being lifesavers in the storm of COVID-19 for several companies.

The financial loans served firms major and modest keep on functions and spend their staff.

The Little Business enterprise Administration has an ongoing checklist of what firms been given these loans, how a great deal they acquired and who nonetheless owes money on the loans.

In accordance to the newest figures, 4,136 PPP loans were being dispersed in Wichita County due to the fact the plan began in 2020, for a complete of just above $241 million.

Of the original overall, 3,610 of these financial loans have now been forgiven, approximately $215 million.

This leaves about $27 million in loans continue to superb.

Most PPP financial loans presented for $25,000 or a lot less

The field with the greatest total of PPP financial loans went to wellbeing care and social help the place 412 loans were being approved for a whole of virtually $53 million.