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 |
---|---|
JLM Systems, Inc. | $1,432,680 |
Delta Corrugated Paper Products Corporation | $1,363,475 |
Anka Painting Company, Inc. | $743,421 |
321 Commercial Realty Holding, LLC | $668,900 |
M. E. K. Review, Inc. | $400,400 |
St. Michael's Catholic Church | $368,387 |
Better Home Plastics Corporation | $355,835 |
John Petrocelli Construction, Inc. | $350,500 |
Kim CHO & Limited, LLC | $258,400 |
C. Food Corporation, N. A. | $244,338 |
JJ Farber Lottman Company, Inc. | $226,100 |
Reggio Construction, Inc. | $214,102 |
Jeong Yook Corporation | $207,000 |
Daniel Y Kim, M D, P a | $203,525 |
Arim, Inc. | $186,800 |
Vanore Electric, Inc. | $181,858 |
N. E. W. Christian Academy, Inc. | $174,452 |
Winston W Chen PA, D.D.S. | $168,100 |
Delice Global, Inc. | $159,465 |
Foremost Management Corporation | $153,947 |
Dongbu Tour & Travel, Inc. | $152,500 |
Laflare NY, Inc. | $145,600 |
Fish, Fish, Fish, Inc. | $145,313 |
BSW Roslindale, LLC | $144,600 |
PPF Beauty, Inc. | $137,300 |
Sushi House, Inc. | $134,500 |
The Presbyterian Church of New Jersey | $129,300 |
Jakes SB, Inc. | $126,952 |
Prime Total Pain Clinic, P.C. | $125,000 |
Anthony's Pharmacy, LLC | $123,500 |
Somebodys Childish, Inc. | $122,890 |
DR. Chung Medical Clinic, P.C. | $116,428 |
Tyan Grand, Inc. | $113,882 |
BBM Group, LLC | $112,100 |
Kevin C. Gore, AIA, LLC | $105,800 |
Hwang's Janchi, Inc. | $105,000 |
Vec Electronics Corporation | $104,900 |
Smartcut Professional Tools, LLC | $100,532 |
SK Management Consulting Company | $98,000 |
PPF, Inc. | $96,700 |
PPF Rochester, Inc. | $94,400 |
All Technician Auto Repairs, Inc. | $89,162 |
Robert & Clement Petrocelli Partnership | $83,958 |
Saint Mary's Ambulatory Surgery Center, LLC | $82,397 |
BSW DT, Inc. | $82,341 |
Dongbu USA, Inc. | $81,600 |
So Good Hair Fashion, Inc. | $81,400 |
Spectrum Capital North Bergen, LLC | $80,950 |
S&G Oil, Inc. | $76,885 |
Kilmok Corporation | $76,200 |
BSW Newark, Inc. | $75,800 |
Computer Professional Learning | $72,420 |
Negi F&B, Inc. | $70,300 |
Spectrum Restaurants, LLC | $70,000 |
Yein Dental Group | $67,094 |
State Recovery and Subpoena Service, Inc. | $66,910 |
BSW Jamaica, LLC | $66,900 |
Madrid Restaurant Corporation | $66,500 |
Cheema Oil Corporation | $66,107 |
Development DC | $64,247 |
Sung Won Lee PC, M.D. | $63,400 |
PPF JV, LLC | $63,195 |
Woori Cpas, LLP | $63,100 |
Blueland Title Agency, Inc. | $62,790 |
Momiji, Inc. | $62,500 |
Careone Physical Therapy, PC | $62,500 |
Kim Hongsoon Acupuncture, LLC | $62,152 |
Furry Tales -Sba Small 7a Term, LLC | $62,000 |
Te Min Quan, Inc. | $61,300 |
PJL Trucking, Inc. | $61,117 |
BSW Brockton, Inc. | $60,300 |
Rotolo, Bozanian & Yi, LLC | $59,915 |
T-3 Infrastructure, LLC | $59,900 |
AK Globaltech Corporation | $58,967 |
Korean Broadcasting Network, Inc. | $58,900 |
Royal Crest Home Products Corporation | $58,312 |
Learn & Grow Academy, LLC | $57,500 |
Hanwool Tax & Accounting, LLC | $57,457 |
Delice USA | $57,002 |
AAA Chimney Corporation | $55,388 |
Metropolitan Eye Research & Surgery Institute, P. A. | $53,750 |
Bright Family Dental, PC | $53,672 |
BSW Beauty NY, LLC | $52,865 |
3 YEO, Inc. | $52,785 |
Beneli Architects & Design Group, Inc. | $52,545 |
PPF Syracuse, Inc. | $52,500 |
Hubschman & Roman | $52,200 |
Sol Pharmacy, Inc. | $52,100 |
BSW Chili, Inc. | $51,968 |
Halsam Tavern, Inc. | $51,326 |
The Davant Group Corporation | $50,000 |
PPF Bailey, LLC | $48,300 |
Paes Supreme Corporation | $47,500 |
Korex USA, Inc. | $47,410 |
So Mahng Presbyterian Church | $46,600 |
BSW NY, LLC | $46,120 |
JP Association, Inc. | $46,000 |
Route 5 Car Wash, LLC | $45,990 |
Jaewon Choi | $45,966 |
National Hood Cleaning Service, Inc. | $45,400 |