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 91411
Name of Borrower | Current Approved Amount |
---|---|
Ashot Dental | $640,305 |
Valley Kings, LLC | $229,167 |
Left Lane Music Group, LLC | $225,000 |
Southern California Paratransit | $137,500 |
HMO Plumbing | $131,195 |
Alliance Limousine, Inc. | $130,000 |
Law Offices of David F. Issapour, a Professional Law Corpora | $125,600 |
Totally Green Management | $111,170 |
BPM Custom Marine, LLC | $93,422 |
TMF Performance Marine, LLC | $91,002 |
Ben Construction, Inc. | $85,445 |
ALH Construction, Inc. | $82,710 |
LTG Holding, Inc. | $67,037 |
Carmel Auto, Inc. | $65,000 |
Edwards Builders & Developers, Inc. | $63,714 |
Jovent Security Services, Inc. | $53,800 |
Bonilla Investments | $50,000 |
Comfort Care Home Health | $46,250 |
ING Construction & Investment | $37,615 |
R Dzign Custom Auto Body Shop | $35,500 |
Ehdi, Inc. | $28,472 |
Brass Camels, Inc. | $27,500 |
Waterworth Enterprises, Inc. | $25,452 |
Law Offices of Pavel Sterin | $25,000 |
Vault Athletics, LLC | $22,035 |
Allied Health Partner, Inc. | $21,107 |
Tony Yacenda Films, Inc. | $20,833 |
Sylvan Goods, LLC | $20,833 |
High Touch Consulting & Development, Inc. | $20,832 |
Alexandria Cardiel | $20,832 |
Hannah C. Downer | $20,832 |
Babak Motevaselani | $20,832 |
Circle Star | $20,800 |
Rugaba Holdings, LLC | $20,800 |
Damien Diyari | $20,800 |
Nelli Arutyunyan | $20,775 |
Marwan Granville | $20,750 |
George Gomez | $20,332 |
Victor H. Moran | $20,322 |
Wuz Up World, Inc. | $20,000 |
Rashaad Jones | $19,854 |
Clara Espinosa | $19,845 |
Performance Lab of California | $19,700 |
Mockfilm Productions, Inc. | $18,677 |
Mica Management, LLC | $18,390 |
Daily Tennis Lesson, LLC | $17,880 |
Ricardo Tobar | $17,297 |
Vincent M. Corralejo | $16,250 |
Jonathan M. Tillett | $14,427 |
Podium Pictures | $13,963 |
Osaretin Aluyi | $12,225 |
Kimberly Brandon | $10,875 |
L. A. Piano Services | $10,467 |
Leon F. Lopez II | $7,300 |
Guyla J. Styles | $7,033 |
Pars Draphery | $6,857 |
Robert Ayvazyan | $6,585 |
Tom Murtaugh, LLC | $6,275 |
Classic Auto Repair, Inc. | $6,250 |
Patricia Perez | $6,235 |
Albert Goldin | $6,012 |
Mark Hammelman | $4,319 |
Daniel Ohana | $4,095 |
Donald Linden | $3,860 |
Stephaine Bentley | $3,000 |
Teela Laroux Cull | $2,969 |
C&G Income Tax Services | $2,792 |
Jesus Escalante San Agustin | $1,171 |