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 Borrower | Current 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 |