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 |
|---|---|
| Westwood Lanes, Inc. | $496,457 |
| Sons Prestige Collision, Inc. | $364,505 |
| Kalis Metal Components Corporation | $361,775 |
| Decotone Surfaces, LLC | $329,542 |
| Doors, Inc. | $293,070 |
| Marano & Sons Auto Sales, Inc. | $204,967 |
| Garwood Health and Fitness | $189,802 |
| Excel Air, Inc. | $188,980 |
| Ocsidot, Inc. | $164,787 |
| Standard Pipe Products, Inc. | $145,110 |
| GMF Health Club, Inc. | $110,930 |
| DJ S Executive Transportation, Inc. | $89,500 |
| Star Painting Contractors, Inc. | $78,500 |
| W. A. Building Movers & Contractors, Inc. | $73,500 |
| Caryn Rosenberg | $73,468 |
| Digital Electronic Security Services, Inc. | $73,115 |
| Steven's Gym, Inc. | $71,753 |
| Lorenzo's Restaurant, Inc. | $70,497 |
| &grain, LLC | $69,065 |
| Veenu Corporation | $60,667 |
| The Juice House, LLC | $55,541 |
| Fitnessincorporated Training Studios, LLC | $51,590 |
| Luxie Spa & Nails | $50,000 |
| Hy a-LA-Mode, LLC | $49,958 |
| Advantage Vacuum, LLC | $47,995 |
| J. Belford Tire & Auto Service | $47,820 |
| The Presidents Club Barber Shop, LLC | $45,970 |
| GMF Athletic Performance, Inc. | $42,314 |
| Bella Rococo Hair & Makeup Artistry | $41,692 |
| Clearsmile NJ, LLC | $41,363 |
| Jamm Family Escape, LLC | $40,369 |
| Maher & Maher, LLC | $37,290 |
| Mold Polishing Company, Inc. | $36,982 |
| Restaurant Management LLC BPC | $36,554 |
| Diamond in the Ruff Pet Spa | $34,575 |
| B&D Recreation, Inc. | $33,867 |
| Sitescapes Construction Management, LLC | $31,371 |
| Thomas J. Reina | $30,400 |
| Hybrid Dog Wash, LLC | $29,573 |
| Active Life Fitness, LLC | $28,463 |
| Suspended Aquatic Mentor, Inc. | $27,882 |
| Agrdmo, LLC | $27,864 |
| Mariline Rosario | $27,188 |
| Robert Wise | $26,415 |
| Bat Ha Transportation Invalid Coach, Inc. | $26,285 |
| Jeni-Fit, LLC | $26,190 |
| Prime US Markets, LLC | $25,000 |
| W & W International, Inc. | $23,728 |
| The Garwood Rest Incorporated | $23,245 |
| Russell Gallo | $20,833 |
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