The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
Name of Borrower | Current Approved Amount |
---|---|
Saint Dominics Family Services | $7,935,730 |
Lia Automotive, LLC | $957,207 |
Ascape Landscape & Construction Corporation | $663,100 |
Ryan Printing, Inc. | $410,340 |
Solicito & Son Contracting Corporation | $405,782 |
Valentine Electric, Inc. | $386,702 |
Bailey's Blauvelt INN, Inc. | $330,778 |
Vits International, Inc. | $323,540 |
Golden Knights, Inc. | $224,238 |
St. Catharine of Alexandria Church | $147,560 |
Pre-School Playhouse, Inc. | $134,971 |
Michael Schrom & Company, LLC | $124,093 |
ARCH Production & Design Nyc, Inc. | $113,775 |
Guardian Power Cleaning Corporation | $112,100 |
Senan Clancy Contracting Corporation | $111,617 |
Brosna Construction Corporation | $101,341 |
Media Alternatives, Inc. | $100,000 |
RJL Industries, Inc. | $100,000 |
Proactiv Technologies Corporation | $82,077 |
Sandemar, Inc. | $71,600 |
Superior Waste & Carting, Inc. | $56,100 |
Clear Signal Corporation | $52,462 |
Island Breeze Grill & Cafe, LLC | $49,833 |
Agha, LLC | $49,745 |
Vincente's Auto Body of Rockland County, Inc. | $46,130 |
Nixmas, LLC | $45,205 |
Prem Nath | $43,750 |
Joseph Menschik | $41,520 |
The Harriet and Esteban Vicente Foundation | $41,372 |
TMF Construction, LLC | $31,590 |
Grbso, LLC | $31,000 |
Orangetown Animal Hospital, P.C. | $30,342 |
Marino&sons Construction Corporation | $28,166 |
Scott Skura | $28,161 |
Traynor's Plumbing and Heating | $26,900 |
Erik Hall Agency Corporation | $21,847 |
Margaret C. Lane-Boyle | $20,833 |
Hector Reyes | $20,833 |
Paul Schaller | $20,833 |
Gerard Lettire | $20,833 |
Daniel Haggerty | $20,833 |
Randolph F. Johnson | $20,832 |
Marybeth Shanley | $20,666 |
Jessica Lupi | $20,420 |
Jonathan Delo | $19,797 |
Pascal Desroches | $19,759 |
Breakaway Landscaping and Maintenance Corporation | $19,312 |
Samantha Buck | $18,666 |
Tua Cucina | $18,579 |
R & B Apparel, Inc. | $18,462 |