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Tuesday, September 24, 2024

ZIP Code 91602: 53 PPP loans provided to small businesses in 2020

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There were 53 PPP loans provided to small businesses in 2020 in ZIP Code 91602, according to the US Small Business Administration.

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 91602

Name of BorrowerCurrent Approved Amount
MRS Robinson's Irish Pub, LLC$121,105
Performance Care Management Corporation$62,258
Laurel Quality Cleaners, Inc.$61,700
Arzuman Brothers, Inc.$50,000
Jessica Fels Event Production & Design, LLC$50,000
Mccormick Productions, Inc.$43,833
Smaq Media, Inc.$37,500
The Room Organic Corporation$33,700
Tina Ghotanian Professional Corporation, D.D.S.$25,600
Yg Ventures, Inc.$20,833
Esd Search$20,833
Measured Management, LLC$20,833
Simone Bienne$20,833
Dijon Shepard$20,832
William Breveard$20,832
Robumpco, Inc.$20,832
Michael Hammond$20,832
Ali Shibaie$20,832
Merry Street, Inc.$20,832
Linda Movsesian$20,832
Can I Pet Your Dog Productions$20,832
Ernest Byrd III$20,825
Willielou, Inc.$20,750
Joshua Lebar$20,583
The Perfect Parrot$20,337
Supreme Williams$20,000
JGA Electric$20,000
Dawn Patrol$19,914
Lioness Coaching$19,800
Speak the Speech, Inc.$19,792
Julio Nicolas$15,625
Jalen Hogg$15,000
Tracy Andruscavage$13,705
Steve Tourouk$13,500
Velvet Truth, Inc.$12,822
Infinite Perseverance Entertainment, Inc.$12,500
Wesley Armstrong$12,442
Formation Pilates, LLC$11,300
Forbidden Toast, Inc.$11,250
Robert R Dipple, LLC$10,935
Alexander L. Arntzen$9,205
ACAMA$8,417
Todd Jones$8,040
Ground Glass Images$7,704
Keren Tzobotaro$7,395
Daphne Williams$7,385
Lori Meltzer$6,900
Chef Crockett, Inc.$6,250
Usual Suspects, LLC$4,271
Jose Carrion$3,923
Shahryar Sohi$3,398
Jasmine Sneed$3,042
The Prenner Group, Inc.$2,500

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