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 |
---|---|
Henning Logistics, Inc. | $250,000 |
Sunrise Nursery, LLC | $242,327 |
Beneguis Trucking, Inc. | $160,000 |
Phoenix Care Service, LLC | $155,400 |
Singletary Plumbing & Air Conditioning L | $136,113 |
Patch Construction Corporation | $105,247 |
A-1 Timber Consultants, Inc. | $72,660 |
Desert Legacy Construction, Ltd. | $68,200 |
Fred Distribution, Inc. | $67,000 |
Stratx, LLC | $62,707 |
High Voltage, Inc. | $62,500 |
Chilson & Son Painting, LLC | $54,472 |
Therapy Builders, LLC | $53,000 |
Carl's Dragline Service, LLC | $51,078 |
Sonora Sprinkler & Landscape, Inc. | $50,200 |
Pleasant Plumbing, Inc. | $50,000 |
D & K Wellness Center, LLC | $49,400 |
Mesic Contracting, LLC | $39,425 |
Pink Plumbing and Sewer, LLC | $38,436 |
A Silver Leaf Landscaping, LLC | $38,355 |
Brumett Professional Billing Services, LLC | $38,177 |
Coyote Blind Company, Inc. | $31,540 |
Leolinda J Bowers, PLLC | $30,730 |
ATG Productions, LLC | $30,200 |
Linkhelpers International, Inc. | $30,000 |
Archangel Security, LLC | $29,435 |
Frontline Mechanical, Inc. | $27,387 |
Big SKY Crane Repair, Inc. | $25,401 |
Intuitive Development, LLC | $22,277 |
Joseph & Rivera Holdings, LLC | $22,080 |
Firepro1 LLX | $21,445 |
Dale Williams | $20,833 |
Joseph Fish | $20,833 |
Phoenix Product Distribution | $20,500 |
Arizona Seed Technology, Inc. | $20,117 |
Snee Door Sales, LLC | $19,375 |
GHRMGM, Enterprises, Inc. | $17,500 |
Kimberly R. Miller | $17,292 |
Kustom Kreations, Inc. | $16,517 |
NICK | $15,972 |
Bapronbaby, LLC | $15,000 |
All Baler Compactor & Dock Repair | $15,000 |
Rar Towing, LLC | $14,960 |
Marylou Ricigliano | $14,000 |
CWD Consulting, LLC | $13,835 |
Travelnett.com, LLC | $13,333 |
Jewelry With a Purpose, LLC | $12,500 |
Franklin Consulting, LLC | $12,000 |
Sun Bird Pools, LLC | $11,334 |
Oak Street Linen & Textiles, LLC | $10,938 |