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 91342
| Name of Borrower | Current Approved Amount |
|---|---|
| Carmel Landscaping, Inc. | $191,000 |
| Valley Gutter Supply | $175,000 |
| Genesis Homeworks, Inc. | $168,839 |
| JP Digital | $150,117 |
| Electrical Wholesale Distributors, Inc. | $125,000 |
| The Painting Group, Inc. | $125,000 |
| Allstate Towing and Transport, LLC | $124,000 |
| Sylmar Shack, LLC | $118,835 |
| Best Appliance Installations, Inc. | $101,822 |
| Rock Time Transport, Inc. | $97,700 |
| Wholesale ARTS and Frames, Inc. | $94,312 |
| Niva Labs, LLC | $75,831 |
| M & J Technology Service, Inc. | $67,153 |
| Jpalltogether, Inc. | $57,000 |
| Motorcade Protective Services | $50,490 |
| LA Security Cameras, Inc. | $47,902 |
| Rose Marie Aguirre | $46,080 |
| Tasty Goody San Fernando, Inc. | $38,900 |
| Jaswant S & Tej K Dhillon | $36,062 |
| Coast to Coast Cement | $30,200 |
| Los Mariscos DE Sylmar | $30,000 |
| Jean Lee Inc., D.D.S. | $26,300 |
| Ac Nail Spa | $24,650 |
| J Landscaping, Inc. | $21,700 |
| Christopher Rodriguez | $20,833 |
| Stephen Kirubi | $20,833 |
| Haibert Aivazian | $20,832 |
| Cindy Caro | $20,832 |
| Jason A. Bernal | $20,832 |
| Samuel Martinez | $20,832 |
| Shahriar Afshar Yeganeh Rajabi | $20,832 |
| Francisco Dorado | $20,832 |
| Mehroujan Ebrahimi | $20,832 |
| Escobar Plumbing Contactor | $20,832 |
| Angela Hall-Lambert | $20,832 |
| Chad Durio | $20,800 |
| Antoine Lambert | $20,370 |
| Blue Apps | $16,117 |
| Clavvi | $15,500 |
| Teresa Rios | $15,223 |
| Cafri Painting and Decorating | $13,920 |
| Cheppes Trucking | $11,500 |
| La Pequena Bakery | $11,008 |
| Rectangle Circle, Inc. | $10,415 |
| Tiny Thinkers Family Day Care / Alvarado's Family Day Care | $10,337 |
| Jasmine Espinal | $10,065 |
| Taylor Sports Nutrition | $8,535 |
| Victoria Chiodo | $7,774 |
| Matthew Gutierrez | $7,625 |
| Golden Crown Trading, Inc. | $7,500 |
| Nazario Segura | $7,500 |
| Marla Bautista | $7,000 |
| Elida Tinajero | $6,902 |
| Timeless Films | $6,751 |
| Juan Reynaga | $6,517 |
| Ishan Shapiro | $5,931 |
| Steve Lambourne Company, Inc. | $5,562 |
| Ricardo De La Torre | $5,553 |
| Ani Momjyan | $5,207 |
| Camille Chiodo | $5,064 |
| Luxure Catering, Inc. | $5,000 |
| Pauly Flores | $4,702 |
| Clover Custom Painting Services, Inc. | $4,700 |
| Edwin Aguilar | $3,750 |
| Miguel Zurita | $3,382 |
| Mendez Communications, Inc. | $3,012 |
| Hany Isaac | $3,000 |
| David Follosco | $2,934 |
| Artashes Martirosyan | $2,760 |
| Juan De La Torre Jr. | $2,015 |
| Taxi Lyft | $1,040 |
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