The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 91303
| Name of Borrower | Current Approved Amount |
|---|---|
| Horizon 5 Lakes, LLC | $1,509,406 |
| Trasom Fire Protection Systems, Inc. | $420,279 |
| West Valley Boys & Girls Club | $282,445 |
| DT Profrssional Services, LLC | $218,552 |
| Lovecare Home Health, Inc. | $161,040 |
| R and a Plumbing, Inc. | $102,700 |
| Vrla Technician, LLC | $81,297 |
| Global Business Insurance Agency | $77,900 |
| Just Due Music Firm | $60,425 |
| APS Security Systems, Inc. | $55,000 |
| Canoga Park Service Station, Inc. | $51,012 |
| Mardukis Enterprises, Inc. | $50,000 |
| Vigilant Eye Security | $44,682 |
| Excel Taekwondo Center, LLC | $41,247 |
| Royal Crown Home Health Care, Inc. | $39,993 |
| Hospice Group of Southern California, Inc. | $38,452 |
| D&D Desert Properties, Inc. | $31,390 |
| Jerry Pizza | $24,500 |
| All Imported Car Parts | $24,500 |
| LA Saddlery, LLC | $24,150 |
| United Disability Lawyers Group | $23,550 |
| Phood Farmacy, LLC | $23,118 |
| Theint Theint Oo | $22,000 |
| Brian T. Green, State Farm Agent | $20,833 |
| Stephen J. Trammel | $20,833 |
| Team W. E. Consulting Group | $20,833 |
| Misagh Mastoory | $20,832 |
| Pedro Bustos | $20,832 |
| Dutch Auto Body Collision 2 | $20,832 |
| Danei Davis | $20,832 |
| Sara Nima | $20,832 |
| Hamed Hazzar | $20,832 |
| Mitra Aliashraflo | $20,832 |
| Mastoory Catering | $20,832 |
| Behnia Safavi | $20,832 |
| Amir Sezavar | $20,832 |
| Feraydoun Bonjar | $20,832 |
| Kebria Safavi | $20,832 |
| Amir Ebrahimi | $20,832 |
| Saunasourceusa | $20,800 |
| Vahid Chitsazzadeh | $20,750 |
| Hunt Air and Heating | $20,520 |
| A2Z Concierge | $20,500 |
| Terry Burger | $20,390 |
| Shadan Malek Mohammadi | $20,317 |
| Seyed Mohammad Sanaei | $20,317 |
| ART Project Re, LLC | $19,375 |
| Ludbin Fuentes | $15,927 |
| Soano, Inc. | $15,000 |
| Amorisgift | $14,907 |
| Progressive Tower Insurance Services, Inc. | $14,362 |
| Robertson Enterprises | $12,955 |
| Desislava Joyner | $11,570 |
| Steven R Spivak, Inc., D.M.D. | $10,000 |
| Higher Self Communications, Inc. | $9,680 |
| Loi Nguyen | $9,130 |
| Jaycee G. Garcia | $7,875 |
| Haroon's MRS. Fields Cookies | $7,262 |
| Diana Caicedo Hair Care | $7,250 |
| Bassam Nahas | $6,275 |
| Mills Financial Services | $6,198 |
| Joseph Montague III | $5,408 |
| Maneth Jayasinghe | $5,160 |
| Melisa F. Hernandez | $3,383 |
| Sell Less Cig | $3,146 |
| Kurtis Heidolph | $2,420 |
| Union Driving School, LLC | $1,990 |
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