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.
Top 100 largest PPP loans in 2020 in ZIP Code 07644
| Name of Borrower | Current Approved Amount |
|---|---|
| Montana Construction Corporation, Inc. | $5,355,453 |
| Felician University | $4,330,100 |
| Lodi CML Cooperative, LLC | $1,431,917 |
| Direct Supplies Warehouse, Inc. | $1,155,000 |
| Ab Facility Services, LLC | $907,099 |
| Felician School for Exceptional Children | $733,520 |
| Commercial Janitorial Services, LLC | $697,956 |
| Sterling Management Corporation | $592,920 |
| Century 21 Construction Corporation | $589,263 |
| Pinto Service, Inc. | $545,400 |
| HK Metalcraft Manufacturing Corporation | $539,557 |
| Mizzoni, S Autobody | $491,494 |
| GKE Enterprises, LLC | $450,357 |
| Danico Medical, LLC | $425,488 |
| Immaculate Conception High School | $385,287 |
| Precious Cosmetics Packaging and Consult | $374,007 |
| Suffern Plating Corporation | $344,695 |
| Sharp Management, LLC | $337,432 |
| Green Apple Cleaners | $302,820 |
| Cassidy Maintenance Corporation | $300,675 |
| Latek Logistics USA, Inc. | $300,400 |
| Paladino Paving & Concrete, Inc. | $298,463 |
| Savia Community Counseling | $293,599 |
| National Transfer, Inc. | $292,400 |
| European Auto Wholesalers, Ltd. | $283,602 |
| Loading Dock, Inc. | $280,722 |
| Boys & Girls Club of Lodi, Inc. | $268,744 |
| Bespoke Seven, LLC | $256,500 |
| European Auto Expo, LLC | $243,733 |
| 642 Productions, Inc. | $242,620 |
| Petrillo Trucking, Inc. | $232,176 |
| Dux Paint, LLC | $228,025 |
| Main Auto Body Collision Repair Center, Inc. | $215,835 |
| Buldo Carting -Sba Small 7a Term, Inc. | $205,227 |
| Cafe Amore | $200,000 |
| William B Skinner, Inc. | $197,200 |
| ECC Group, Inc. | $193,900 |
| Coviello Electric Service, Inc. | $189,965 |
| KJ Associates, LLC | $179,899 |
| Power Fast -Sba Small 7a Term, Inc. | $174,847 |
| The Radiator Store, Inc. | $172,125 |
| M&M Aviation Partners, LLC | $167,832 |
| Torres Transport Services Corporation | $160,500 |
| Uvitec Printing INK, Inc. | $159,710 |
| KLJ Review -Sba Small 7a Term, Inc. | $157,687 |
| Ameridream Home Loans, LLC | $149,970 |
| Occupational Assessment, Inc. | $149,564 |
| BMN Consulting, LLC | $143,051 |
| Supreme Cleaning of America, Inc. | $140,367 |
| JPB Contracting | $140,000 |
| Exponovias USA, Inc. | $138,008 |
| Green & White Boutique Linen | $137,950 |
| The Aeronautical Instrument and Radio Company | $135,400 |
| GRC Electrical Contracting -Sba Small 7a Term, Inc. | $134,562 |
| Reyes Architectural Woodworking, LLC | $131,700 |
| ABFS Engineering, LLC | $128,995 |
| Alvarez Brothers Realty, Inc. | $125,255 |
| Stone Express, Inc. | $125,000 |
| Wood & Laminates, Inc. | $119,500 |
| Goodyear Motors | $116,935 |
| Elan Caterers, LLC | $116,400 |
| Modern Traveler -Sba Small 7a Term, Inc. | $113,280 |
| Color FLO Graphics, Inc. | $113,180 |
| Construction & Industrial Equip. Corporation | $113,142 |
| MRH Real Estate Services, Inc. | $112,227 |
| Lobster Life Systems, Inc. | $108,152 |
| Dental Associates of Lodi | $105,779 |
| Costello & Associates Insurance Group, Inc. | $103,864 |
| Vitamia Pasta Boy -Sba Small 7a Term, Inc. | $103,000 |
| L & M Disposal -Sba Small 7a Term, LLC | $100,105 |
| Amca Construction, LLC | $100,000 |
| Reyes Enterprise, Inc. | $98,700 |
| Auto Gallery, LLC | $94,705 |
| The Radiator Store II, Inc. | $91,329 |
| Fabdog, Inc. | $91,080 |
| Lodi Rest 3027, LLC | $87,077 |
| HI-Technician Construction, Windows & Doors in | $86,717 |
| Well-Built Carpentry & Builders, Inc. | $85,840 |
| Brook Street Companies | $85,294 |
| Maxy Trading Corporation | $85,100 |
| Europe Imports, Inc. | $84,869 |
| Radiator Store a Connecticut Corporation, Inc. | $79,061 |
| Beites, Inc. | $78,830 |
| Condemi Motor Company Incorporated | $72,920 |
| LPC -Sba Small 7a Term, LLC | $72,700 |
| Chief Fire Equipment & Service Company I | $72,630 |
| Nail Perfection N Spa I, Inc. | $72,395 |
| Bergen Passaic Veterinary Hospital, Inc. | $71,795 |
| Palace Stone, LLC | $69,830 |
| Federal Equipment & Manufacturing Company, Inc. | $69,372 |
| Lodi BR CML -Sba Small 7a Term, LLC | $68,550 |
| Sam Color, Inc. | $68,090 |
| Calogero Tony Cigna, LLC | $67,215 |
| Bergen Car Company, Inc. | $66,337 |
| RL Supply, Inc. | $65,645 |
| Dongwon Industry USA, LLC | $64,528 |
| Overhead Door, Inc. | $64,180 |
| H & J Square, Inc. | $62,200 |
| Associated Marble Company | $62,171 |
| Aventa Systems Limited Liability Company | $60,594 |
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