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 |
---|---|
Superior Rail & Iron Works, Inc. | $660,833 |
Ware Rite Distributors, Inc. | $542,535 |
ATL Construction, Inc. | $490,920 |
Mueller Corporation | $388,725 |
Busy Bee Enterprises, Inc. | $350,173 |
Jet Machined Products, LLC | $264,400 |
Eric Watson | $246,612 |
Whitmore's Yard Care, Inc. | $206,057 |
Ridder Farm, Inc. | $185,838 |
Franks Cafe and Coffee House, Inc. | $159,467 |
Trademark Installations, LLC | $159,100 |
BMD, LLC | $136,800 |
Automotion International, Inc. | $126,340 |
SPS, Inc. | $123,627 |
Alloy Castings, Inc. | $117,790 |
Chapin Sheds Incorporated | $112,021 |
Orthopedic and Sports Physical Therapy I | $107,792 |
P & L Associates | $100,000 |
Salisbury Concrete Construction, Inc. | $98,234 |
Christeyns Laundry Technology, LLC | $96,700 |
Thorndike Corporation | $92,000 |
D and Z, Inc. | $89,805 |
C a Rollins Corporation | $87,990 |
Amrita K Grover PC, D.M.D. | $87,902 |
School on Wheels of Mass | $86,955 |
Timothy J Bailey | $86,797 |
Family Salons, Inc. | $78,972 |
Meserve Electric, Inc. | $74,692 |
Cole & Wilson, LLC | $74,000 |
Bob Graham Auto Sales & Service, Inc. | $63,132 |
Scott Lonergan | $57,691 |
Thomas Mahoney JR | $56,950 |
Marquis Motorcars, Inc. | $51,545 |
Ye Olde Standish Grille, Inc. | $49,584 |
New Look Refinishing Company | $49,149 |
KB & BC, Inc. | $49,000 |
Cacciatore, Inc. | $44,620 |
Riviera Cafe, Inc. | $43,827 |
Pemfo Packaging Company, Inc. | $42,100 |
Allegiance Plumbing & Heating, Inc. | $41,890 |
Capachione School of Performing ART | $40,895 |
Curtis Perry | $37,700 |
Gerald Davis | $35,285 |
The Commercial Club of East Bridgewater | $35,237 |
Happy Frog, Inc. | $31,868 |
Elaine Dube | $30,670 |
Total Travelers Transportation, LLC | $30,600 |
Rana Dental, PC | $30,527 |
Party Right Rentals, LLC | $30,000 |
Pinske Construction and Contracting, Inc. | $28,750 |
Skinner's Sugar House, Inc. | $27,087 |
David Tammaro | $26,500 |
Volare Eyecare Personal Corporation | $25,765 |
Unlimited Landscape Services, Inc. | $25,000 |
Jeremy L. Kay, P.C. | $24,952 |
Damians Corporation | $24,808 |
Cynthia Carey | $23,202 |
Melanie Cahoon | $23,082 |
Patricia Leahy | $20,833 |
Emmanuel St Louis | $20,833 |
Christen Parsons | $20,833 |
Eric Turcotte | $20,833 |
Asia Williams | $20,833 |
Alyse McIver | $20,833 |
Amy Mulligan | $20,833 |
Emmanuel St Louis | $20,833 |
Asia Williams | $20,833 |
Ralph St Croix | $20,832 |
GH Lettering & Stripping, Inc. | $20,715 |
Herve Lazarre | $20,389 |
Helga Ramos | $20,000 |
Jessica Turcotte | $19,251 |
Catherine McLaughlin | $18,100 |
Michelle's Studio of Dance | $17,375 |
Elizabeth Wilson | $16,495 |
St. Mary | $16,100 |
Justin Raynard | $16,000 |
Brooks Iron Works, Inc. | $15,713 |
Jeannie Cullati | $14,790 |
The Stitch Doctor, Inc. | $14,655 |
Emulson Dorval | $14,449 |
Joann Landry | $14,216 |
Robert Le | $13,908 |
Michael Macomber | $13,830 |
Rachelle Croteau | $13,704 |
Joppa Market, Inc. | $13,542 |
J&G Performance, Inc. | $13,050 |
Moldguys Restoration, LLC | $13,025 |
Danica Dang | $12,900 |
Roger Da Silva | $12,410 |
Central Street Cafe, LLC | $12,175 |
Jennifer Feeney | $12,082 |
Longevity Group, LLC | $11,600 |
Barbara Lynch | $11,214 |
Anthony Benigni | $11,207 |
Diesel, Inc. | $10,832 |
Marisol Martinez | $10,685 |
TD Speedway Car Wash Corporation | $10,646 |
Om TRI Town Convenience & Liquor, Inc. | $10,500 |
Chris Ogiba | $10,415 |