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 |
---|---|
37 North Chemung Street Operating Company, LLC | $2,426,882 |
Rynone Waverly, Inc. | $448,700 |
Clinvet USA, LLC | $280,200 |
US Deilvery Logistics, Inc. | $250,000 |
Granite Works, LLC | $225,000 |
Austin's Excavating and Paving, Inc. | $217,300 |
Porter's Concrete Service, Inc. | $214,500 |
Palmer Mobile Homes, Inc. | $181,900 |
Soprano Family Deli, Inc. | $166,600 |
44 Ball Street Operating Company, LLC | $150,100 |
Brown Pizza World Wide, LLC | $145,359 |
Chemite, Inc. | $139,200 |
Nasco Industries, Inc. | $119,950 |
Tom's Hardware & Feed, Inc. | $76,975 |
Lunar Services, LLC | $75,000 |
Jolly Farmer Enterprises, Inc. | $74,690 |
Chemung Golf Course, Inc. | $73,400 |
Sutryk & Son, Inc. | $63,500 |
Stephen Lynne Mckee, PLLC D.D.S. | $59,000 |
Crystal City Apothecary, LLC | $58,000 |
Railhouse NY, LLC | $57,400 |
Coaches Pizza, LLC | $55,700 |
Waverly Bowling Company, LLC | $55,700 |
Huckle's Towing & Recovery, LLC | $48,700 |
The Club at Shepard Hills, LLC | $46,700 |
Stilettos Hair and Nails, LLC | $44,120 |
Stray Haven Humane Society | $43,180 |
Dr. Joseh A. Picco | $42,700 |
Kinsley Chiropractic Center | $39,300 |
Rossi Cleaners, Inc. | $39,300 |
VHM Construction, LLC | $37,800 |
Cayuga Realty Associates, Ltd. | $34,900 |
Charm Pools Manufacturing Corporation | $32,830 |
J&H Bell Construction, LLC | $30,750 |
Mayo & Sons Masonry | $29,100 |
Tots' Learning Center | $27,700 |
Owen Insurance Agency, LLC | $25,500 |
Reed Brook Custom Meat Processing, LLC | $22,500 |
Phoenix Roofing, LLC | $20,790 |
Mattison's Bucket Service, LLC | $18,265 |
W. H. Vanderhoof Well Drilling | $17,800 |
J and R Auto Repair of Waverly | $17,337 |
Waverly United Methodist Church | $17,200 |
Broad Street Pub, LLC | $14,500 |
Jeff's RV Service | $12,700 |
Mark Cron | $12,090 |
New Hong Kong No 1, Inc. | $11,660 |
First Baptist Church of Waverly, NY | $11,600 |
Ek Myers Patriot, LLC | $11,300 |
T & S Howe, LLC | $11,000 |