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 91405
Name of Borrower | Current Approved Amount |
---|---|
J. B. Marble Company | $538,470 |
Tip Top Restoration, Inc. | $151,355 |
Los Angeles Care Center, Inc. | $140,000 |
Apex Auto Group, Inc. | $114,500 |
Brian Williams, Inc. | $82,400 |
Quality Surplus, Inc. | $68,292 |
Emergency Tow, Inc. | $55,587 |
Gazelle Results, Inc. | $45,000 |
R. D. Management | $41,490 |
Proform, Inc. | $40,207 |
Diplomatic Calamity, LLC | $38,100 |
The Home Improvement Center | $37,500 |
American Merchant Center, Inc. | $37,147 |
CJ Valley Farm, LLC | $36,144 |
Heywhatsyourface, Inc. | $35,000 |
Valley Foot Clinic Professional | $35,000 |
Moulding Center, Inc. | $32,372 |
MDK Resources, Inc. | $29,300 |
Rose Bakery, Inc. | $28,700 |
Kook I. Chang, a Professional Corporation, M.D. | $28,550 |
Nelly Investment | $25,000 |
Yagumo, Inc. | $25,000 |
Tropical Sum Rattan, Inc. | $23,263 |
Manuel Francisco Bran Company, Inc. | $23,000 |
Full Moon Orchids | $22,500 |
Rutman Construction, Inc. | $21,105 |
Aharon Bradley | $20,833 |
Armen Galstyan | $20,833 |
Damon Dabner | $20,833 |
Daniel Upchurch | $20,833 |
Carl Beyer | $20,833 |
Shaghayegh Vahidramezani | $20,832 |
Ashwell Boyd | $20,832 |
Kamala Seyed | $20,832 |
Juan Pido | $20,832 |
Arefeh Pouri | $20,832 |
Izabella Martirosyan | $20,832 |
Milton Pineda | $20,832 |
Elite Data Research | $20,832 |
Markia Harper | $20,832 |
Massage Therapy LA | $20,832 |
Natalie Artinian | $20,812 |
Ricardo Hernandez | $20,735 |
Kelci Magel | $20,532 |
Elina A. Luterstein | $20,482 |
Fred Bataka Baluku | $20,417 |
Emma Martirosyan | $20,280 |
Stone Master Marble & Granite, Inc. | $20,077 |
Ninjer Rochette | $20,000 |
Lillian Moreno | $20,000 |
Ac Design and Events | $19,000 |
Ruzanna Karapetyan | $18,992 |
Anush Yeghiazaryan | $18,827 |
Maria Alaverdova | $18,617 |
Jamilla Thomas | $18,587 |
Youcef Kohli | $18,420 |
Bella Shklyarenko | $17,807 |
Dalar Khodagholian | $17,670 |
Carlos A. Quilo Garza | $17,510 |
Elisea Hale | $17,500 |
A. S. P. Productions, Inc. | $17,500 |
American Eagle Drywall | $16,518 |
Comfort Ride | $16,500 |
Nane Hovsepyan | $15,400 |
William Basel | $15,000 |
Allways Wander | $15,000 |
California Massage | $12,792 |
Training With Integrity | $12,300 |
Thinkalike Media, LLC | $12,056 |
Michael Kirkland | $11,835 |
Fernanda Ornelas | $11,323 |
Sparkel Harris | $11,233 |
Quick Auto Dealer, LLC | $10,417 |
Ninja Goldfish, LLC | $10,000 |
R B Aero, Inc. | $9,207 |
Nicole Rivas | $7,875 |
Vardui Gyadikyan | $7,789 |
Vitaly Tarasov | $7,068 |
Taban Moghaddas | $6,750 |
Yulia Kuznetsova V | $6,512 |
Rightwater, Inc. | $6,500 |
Ingrid P. Gaona | $5,417 |
Kazi Nobi | $5,215 |
Dream View Design, Inc. | $5,000 |
All California Auto Supply | $5,000 |
Gayane Alaberkyan | $3,572 |
Kecia Cooper King | $3,513 |
Lesly Chavez | $2,666 |
Latino Tires | $2,500 |
Las Vegas Banquet Hall | $2,258 |
Piel Canela Personal Care Products | $2,238 |
Peace of Mind Music Lessons | $1,585 |
Sigthor Markusson | $1,427 |
Unjung Academy | $1,200 |