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 91605
| Name of Borrower | Current Approved Amount |
|---|---|
| First United Capital Holdings, LLC | $969,635 |
| Apple Healthcare Management, Inc. | $264,165 |
| All Valley Solar, Inc. | $217,700 |
| The Beauty Box, Inc. | $156,250 |
| Akers Brothers and Sister Printing | $143,045 |
| Nycote Laboratories Corporation | $135,100 |
| Pro Pest Incorporated | $133,973 |
| Robk, Inc. | $117,700 |
| G&a Diamonds | $113,750 |
| JR Development, Inc. | $105,300 |
| MRC Welding, Inc. | $98,525 |
| A-1 Medical Integration | $96,900 |
| S&K Theatrical Draperies, Inc. | $90,000 |
| Meg Auto, Inc. | $82,125 |
| Los Angeles Pipe Dreams, Inc. | $81,463 |
| Cheaper by the Dozen, Inc. | $78,657 |
| Taavon's Lucky Penny Corporation | $75,000 |
| Magna Nursing Services, Inc. | $70,116 |
| Rodis Entertainment Digital, Inc. | $67,768 |
| Isaac's Iron Works, Inc. | $51,620 |
| B and T Industrial Supply, Inc. | $51,165 |
| Century Custom Hardwood Floor, Inc. | $48,115 |
| Infinity Access Plus, Inc. | $45,000 |
| Merritt Productions, Inc. | $43,005 |
| Et Development, Inc. | $38,600 |
| Vetro Glass | $37,500 |
| Best Frame | $37,400 |
| Gary's Casa | $36,032 |
| Automated Gate Supply, Inc. | $30,450 |
| Vintage Hardware Restorations, Inc. | $30,000 |
| Your Choice Hospice, Inc. | $28,807 |
| Socal Motors Group | $28,800 |
| Sams Iron Works, Inc. | $25,050 |
| Vivcar Wholesale Corporation | $25,000 |
| Black Stallion Transportation, Inc. | $22,500 |
| Gevork Keroglyan | $20,832 |
| Siranoush Yeramyan | $20,832 |
| Siranush Boyadzhyan | $20,832 |
| Zaruhi Danielyan | $20,832 |
| Tigran Gasparyan | $20,832 |
| Mariam Danielyan | $20,832 |
| Sargis Danielyan | $20,832 |
| Julio Escobar | $20,832 |
| Crystal Gix | $20,832 |
| Serob Kalantaryan | $20,832 |
| Karapet Kalantaryan | $20,832 |
| Arman Mihranian | $20,832 |
| Edvard Danielyan | $20,832 |
| Gayane Aghajanyan | $20,830 |
| Arman Koushakchian | $20,755 |
| Gholam Sarraf | $20,750 |
| TNDS Express | $20,620 |
| David Sarian | $20,587 |
| Hikouhi Karapetyan | $20,565 |
| Da Locker Co | $20,000 |
| Travis Labranch | $20,000 |
| Kimberly Burse | $19,800 |
| Manuk Saayan | $19,757 |
| Ryan Ashley | $18,202 |
| Entertainment Vision Group | $17,540 |
| Rem Amusements | $17,300 |
| XKR Motors, Inc. | $16,925 |
| P & A Beverages, Inc. | $16,832 |
| 1099 Employee P&a Beverages, Inc. | $16,495 |
| AMG Discount, Inc. | $15,000 |
| Hyetech It Services, LLC | $13,088 |
| Christopher Zakarian | $12,810 |
| Hamood Hamood | $12,650 |
| Rock N Roll Relics | $12,395 |
| Sargis Asatryan | $11,952 |
| Levon Karapetyan | $11,467 |
| Federico Triebel | $10,775 |
| Liana Lily Karapetian | $10,000 |
| Armaghan, Inc. | $9,532 |
| Jhonnatan Alonzo | $9,137 |
| Roberto A. Quintanilla | $8,880 |
| Limited One Enterprises | $8,037 |
| T & T Import-Export, Inc. | $7,154 |
| Jonathan David | $7,055 |
| Rosa A. Romero Hernandez | $6,722 |
| Michael Kovchyan | $6,540 |
| Danielle Merrell | $5,975 |
| Blythe Street Elderly Care, LLC | $5,958 |
| Sereno Care, Inc. | $5,934 |
| Artur Babakhanyan | $5,421 |
| Kevin Mitchell Bashore | $4,750 |
| New and Repair Plumbing | $3,183 |
| Darren M. Moulden | $2,765 |
| MM Networks | $2,747 |
| Arpine Petikyan | $2,218 |
| Satit Pongsai | $1,000 |
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