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 91316
| Name of Borrower | Current Approved Amount |
|---|---|
| The Spot Restaurant, Inc. | $352,500 |
| All City Plumbers, LLC | $150,000 |
| Evangelical Lutheran Church | $143,932 |
| Pash International, Inc., Ltd. | $133,400 |
| MBD Assets, LLC | $125,000 |
| Sparkle Corporation | $112,223 |
| Okumura Plannings, LLC | $92,050 |
| Genesis Specialty Group, Inc. | $91,884 |
| Ridiculous, LLC | $69,135 |
| Bita Moalej Inc., D.D.S. | $63,800 |
| Richard Blosser | $61,377 |
| Mikhail Zadoyen Income Tax, Inc. | $58,700 |
| Hartwell Global, Inc. | $58,017 |
| Green Olive Corporation | $52,800 |
| L. N Services, Inc. | $47,875 |
| Metcor 360, Inc. | $45,460 |
| Summit Development Group, Inc. | $43,750 |
| Two Hours Till Showtime, LLC | $41,667 |
| JCMD, Inc. | $41,200 |
| Foead Geula, Inc., M.D. | $38,707 |
| Computer Engineering Operations, Inc. | $38,600 |
| JSJ Capital, Inc. | $38,125 |
| Pharmacy RX Solutions, Inc. | $37,500 |
| G. L. E., Inc. | $35,000 |
| Film Locations | $26,800 |
| Project Management Collaborative, LLC | $23,545 |
| California Home Solar | $22,097 |
| Innovative Financial Services, Inc. | $21,977 |
| Venus Saify | $21,075 |
| Robert Hartman, M.D. | $20,833 |
| Vip Luxury Limousine, Inc. | $20,833 |
| Michaelyn Wilson, M.D. | $20,832 |
| Sina Safahanizadeh | $20,832 |
| Mohammadmehdy Rezaee | $20,832 |
| Pouria Keyvani | $20,832 |
| Zahra Nahid Nourmohammadi | $20,832 |
| Shahram Naghibifard | $20,832 |
| Bardia Keyvani | $20,832 |
| Barsam Bakhshian | $20,832 |
| Mohsen Karimkhani | $20,832 |
| Stern Executive Search | $20,832 |
| Parviz Fouladbakhsh | $20,832 |
| Mohammad Soodmand | $20,832 |
| Tony Sardarian | $20,832 |
| Narges Bakhshian | $20,832 |
| Farhad Sabetian | $20,832 |
| Majid Dehkordi | $20,832 |
| Elaine Mizrahie | $20,832 |
| Mandana Ghorbanikargar | $20,832 |
| Pegah Kashanijavid | $20,832 |
| Boris Rozman | $20,832 |
| Behnam Ezati | $20,832 |
| Delaram Najafian | $20,832 |
| Nazanin Mivehchy | $20,832 |
| Tommy Sardarian | $20,832 |
| Allen Armin | $20,832 |
| Roya Dorbaian | $20,832 |
| David Rasti | $20,832 |
| Kyle Sabihy | $20,828 |
| Narineh Solati | $20,802 |
| Chris Sanchez | $20,800 |
| Plaza Insurance Agency, Inc. | $20,800 |
| Denise Williamson | $20,800 |
| Hamid Ghorshinejad | $20,775 |
| Eric Smilay | $20,750 |
| Marjan Ghorshinejad | $20,653 |
| Shahram Solati | $20,625 |
| Levano Real Estate | $20,573 |
| Nathalie Beasnael | $20,397 |
| Ilya Kachkov | $20,000 |
| Pristine Logistics, Inc. | $19,800 |
| Boxer Rescue LA | $19,157 |
| Eric Rabin S., CPA | $17,837 |
| Cool Bus, Inc. | $17,500 |
| Hair by Terrah | $17,500 |
| ATM Remodeling & Construction, Inc. | $17,500 |
| Linda Y Makuta PC, D.D.S. | $17,000 |
| Kevin Radzinsky | $16,583 |
| Nancy Tavakol, Inc. | $16,500 |
| Marina a Salama Inc., M.D. | $16,083 |
| Demetrio Alonso Plaza | $15,625 |
| Bluebird Showroom | $15,007 |
| Sunshine Wang Fei, Inc. | $15,000 |
| Chrisp Productions Company | $15,000 |
| Advance Wall Covering & Painting, Inc. | $14,537 |
| Rolondas Hendricks | $13,303 |
| Encino Parents Nursery School, Inc. | $13,140 |
| Swanson Psychology, a Psychological Corporation, Inc. | $12,945 |
| Experienced Auto Transport, Inc. | $12,572 |
| American Freedom Alliance | $12,500 |
| Steven J. Alper | $11,612 |
| Alex Rouzbahani | $11,160 |
| Maxine Berger Hairstylist | $10,915 |
| M. S. International ENG&SVS, Inc. | $10,442 |
| Teresa Gardenhire | $10,000 |
| Fooks, Inc. | $10,000 |
| Pantea Nikaeen | $9,907 |
| Letty Juliao-Green | $9,500 |
| Trimark Fares | $9,500 |
| Matthew Westerman | $9,137 |
| Sean Pakdaman, PH. D., a Professional Psychology Corporation | $7,500 |
| Titan Pools, LLC | $7,337 |
| Law Office of Sandy Rabadi | $7,000 |
| Michael Gauthier | $6,563 |
| Whittney Leija | $6,270 |
| Faye Sajjadi Nursing, Inc. | $6,250 |
| Evan Klein Photography | $6,067 |
| Joseph Nabati | $5,922 |
| Renee Kushnir | $5,200 |
| Fariba Sharifi Psychological Corporation | $5,000 |
| Express Document Solutions | $5,000 |
| Shantel Herrera | $4,678 |
| Ah Group, Inc. | $3,437 |
| Poya Paknoush | $2,813 |
| Tanchum Rapoport | $2,535 |
| Stefanie Cook | $1,684 |
| Hiromi Tyree | $684 |
| Gino Gamboa | $564 |
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