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Payroll Protection Program provides boost to area small business

Small business around the region received quite a boost thanks to the Payroll Protection Program.

According to data from the U.S. Small Business Bureau, the area, which includes Elizabethtown, Radcliff, Vine Grove, Hardinsburg, Leitchfield, Hodgenville, and others, saw over $43.6 million in loans under $150,000 to small businesses.

Elizabethtown saw the largest amount of loans provided, with a combined amount of almost $25 million. Leitchfield was second with roughly $6 million, and radcliff was third at $5.18 million. The program is part of the $2 trillion CARES Act, which was signed into law this spring.

Elizabethtown$24,963,054.00
Leithfield$6,004,700
Radcliff$5,186,641.00
Hardinsburg$2,635,440
Hodgenville$2,335,776.53
Vine Grove$1,742,494
Upton$464,558
Sonora$289,405
White Mills$27,670
Data from the U.S. Small Business Bureau
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