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 91331
| Name of Borrower | Current Approved Amount |
|---|---|
| Ali's Enterprises 2, Inc. | $447,482 |
| Twin Peak Industries | $201,500 |
| Global Production Backings, LLC | $139,489 |
| Redline Auto Collision, Inc. | $130,187 |
| Air Hollywood | $110,900 |
| JM Marble and Granite, Inc. | $87,500 |
| Lampwok, Inc. | $80,000 |
| Enhanced Architectural Woodwork, Inc. | $73,136 |
| Cor Hospice, Inc. | $63,540 |
| Nino's Marble & Tile, Inc. | $60,900 |
| All Heart Hospice, Inc. | $60,585 |
| Pacoima Automotive, Inc. | $45,000 |
| USA Auto Supply, Inc. | $37,500 |
| Global Ultimate Management, Inc. | $25,730 |
| Tip Top Burgers, Inc. | $25,217 |
| Saade, Inc. | $25,000 |
| Ram Tow and Transport, Inc. | $20,833 |
| Edgar Aguilar Ayala | $20,833 |
| Razmik Avoyan | $20,832 |
| Roxana Soriano | $20,832 |
| Issac J. Sandoval | $20,832 |
| Bennie Marie Pitre | $20,832 |
| Hilda Cuevas | $20,832 |
| Raul Cuevas Jr. | $20,832 |
| Manuel Sandoval | $20,832 |
| Monica Palencia | $20,832 |
| Wendy Flores | $20,522 |
| Sara Morales | $20,205 |
| LA Mexicana Enterprises, Inc. | $20,050 |
| Most Wanted Transportation | $20,000 |
| Bernardo Ochoa | $20,000 |
| Brian B Lee Inc., M.D. | $17,992 |
| Dennis Ozuna | $16,790 |
| Benjamin Troncoso Avila | $15,690 |
| Deifilia Leyton | $14,922 |
| Better Cleaning Company | $14,700 |
| Viken Chekerdemian | $13,950 |
| 838 SPNC, Inc. | $13,758 |
| Marco Ortega | $13,267 |
| Julio Suazo | $12,360 |
| Prestige Auto Body & Leasing | $11,875 |
| Darlene Silva | $11,352 |
| Wanslyffia Charles | $10,492 |
| Deem Naber | $10,272 |
| Edgar Chavez | $9,780 |
| Clarissa Pettiford | $9,731 |
| Catalino Garcia | $9,562 |
| K&K Nails & Spa | $8,750 |
| Samir Arafat | $8,232 |
| Beatriz Terrazas | $6,802 |
| Sudjai Yomjan | $6,500 |
| Precision Welding | $5,350 |
| Eric J. Enriquez | $5,063 |
| Michael White | $3,745 |
| Jemini Patel | $3,022 |
| Michaelmonsod | $2,102 |
| Christianna Hartwell | $2,066 |
| Hollywood Motel | $1,697 |
| Manufactured Living Group, LLC | $1,400 |
| Makrui Marina Hakopian | $1,200 |
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