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 91402
| Name of Borrower | Current Approved Amount |
|---|---|
| A Ton of Technology, LLC | $840,300 |
| Prosper Properties Group, LLC | $597,800 |
| First Select, Inc. | $327,740 |
| Max out Liquidators, Inc. | $205,000 |
| Season Control Heating Air, Inc. | $175,000 |
| Falcon Motors | $137,500 |
| SF Group | $112,750 |
| The Best Elite Services, Inc. | $102,500 |
| Clean Right All | $100,000 |
| Prado Custom Cabinets, Inc. | $94,400 |
| Five Star Auto Parts | $93,527 |
| Namo, LLC | $87,565 |
| Alba-Walker Life Strategies, a Licensed Clinical Social Work | $68,595 |
| Great Choice Hospice, Inc. | $65,005 |
| Law Offices of Gino Paolo a Pedraja | $48,755 |
| It's Juice Time | $45,853 |
| Mobile Rainbows | $41,563 |
| W G Services, Inc. | $41,562 |
| Maranan & Garcia Business, Inc. | $39,200 |
| Monica Abusleme, D.D.S. | $37,000 |
| Colia Productions | $35,430 |
| Wireless Rainbows Corporation | $35,415 |
| Drillhead Drilling & Shoring, Inc. | $29,479 |
| Dan Rosen& Shara Nourian, a Professional Corporation, D.D.S. | $28,853 |
| Royal Pacific Food, LLC | $28,472 |
| All About Wood Hardwood Floors, Inc. | $26,400 |
| Richard Whiteside | $20,832 |
| Dl Granados Hauling | $20,832 |
| Rhythmic Academy | $20,832 |
| Marisela Rodriguez | $20,832 |
| Benhoor Babapoor | $20,832 |
| Creativity Remodeling Construction | $20,800 |
| Khachaturova Angelina | $20,742 |
| Anna Markova Mirchevskaya | $20,732 |
| Nelson Berberyan | $20,637 |
| Kristine Yenokyan | $20,500 |
| Flora Panayoti | $20,075 |
| Elias Elliot De Leon | $20,000 |
| Armen Hovhannisyan | $19,202 |
| Lilit Mikaelyan | $19,095 |
| Hakob Navasardyan | $19,077 |
| Varuzhan Kostanyan | $18,985 |
| Oganes Gazaryan | $18,985 |
| Power Ventures Consulting | $12,753 |
| Andranik Gyulasaryan | $12,228 |
| Manila Eyeglass Center, Inc. | $10,674 |
| Morayma Marisza Medina | $10,000 |
| Geraldine Essombe | $10,000 |
| King Water | $9,550 |
| Song Electric | $8,100 |
| Melanie Yumul | $7,965 |
| HB Flooring, Inc. | $5,845 |
| Maria Argueta | $2,547 |
| Suhyun Jung | $2,088 |
| Aj Helps | $1,875 |
| Kevin Skyler | $1,724 |
| Rayson Media, LLC | $275 |
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