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 91606
Name of Borrower | Current Approved Amount |
---|---|
Verchna, Inc. | $700,590 |
Bowl Group, Inc. | $240,000 |
Ship Shape | $220,820 |
A V Employment Agency | $182,637 |
Radegy, Inc. | $182,500 |
Pathex Labs, Inc. | $182,500 |
Arsa Medical Wholesale, Inc. | $182,500 |
Sea Bass Productions, Inc. | $157,605 |
SRS Construction, Inc. | $140,000 |
Klean, LLC | $125,000 |
Harmony Congregate Living, Inc. | $125,000 |
Sanctuary Community Resource | $100,000 |
Laa Transportation, Inc. | $85,416 |
Rosewood Consolidated, Inc. | $67,592 |
Zenjen, Inc. | $65,538 |
All State Marketing Services | $52,500 |
Dolores Campos Interpreting | $50,132 |
Globus Builder, Inc. | $49,280 |
Dorine Enterprises, Inc. | $34,300 |
Glendale Neurological Clinic | $28,765 |
TTG Autobody Paint, Inc. | $27,700 |
Universal Auto Electric, Inc. | $27,500 |
Prohealth Homecare Agency, Inc. | $27,457 |
Beauty Beez, Inc. | $26,944 |
LA Cabanita DE Don Chepe, Inc. | $25,000 |
Pacific Transitional Independent Service, LLC | $24,200 |
Raul Jarquin Perez | $20,832 |
Maritza Aguilar | $20,832 |
Artuyun Dzhanszyan | $20,832 |
James Galgano | $20,832 |
Ka Plumbing | $20,832 |
Myles Yachts | $20,832 |
Ruzana Mirtchyan | $20,800 |
Christopher Cadenhead | $20,582 |
Marius Baiesc | $20,500 |
Kostya Yezagelyan | $20,380 |
Emily Malinowski | $20,287 |
Liana Minibaeva | $19,237 |
Arthur Aganian | $18,867 |
Michael Aganian | $18,865 |
Angelica A. Aganian | $18,411 |
Hayley Casting | $18,125 |
Victor M. Marquez | $18,000 |
Calwest Transportation, Inc. | $17,800 |
Lina Zarapova | $17,750 |
Mr. Jiffy's Kids Club. | $17,500 |
Hillbilly Heart | $16,665 |
California Heat Air Conditioning | $16,000 |
Alex's Meat Market | $15,635 |
Brittany Crenshaw | $15,208 |
Yum C. Yum Donuts Franchise | $14,900 |
Jonathan Battat | $14,604 |
Travis Duquette | $13,956 |
Stevie Brock Music | $12,850 |
Circus Liquor #2, Inc. | $12,575 |
Aram Martirosyan | $12,510 |
The Contingent Multinational, Inc. | $12,188 |
Jae Woo Kim | $11,055 |
ABC Home Builders, Inc. | $10,833 |
Cyrus Omead | $10,610 |
Stephen David Cannon Jr. | $10,585 |
Britfix Builders | $10,436 |
Benrimon Management, LLC | $10,415 |
Abraham Mier | $9,957 |
Guadalupe Pacheco | $8,525 |
Hollister Rand | $8,136 |
BC Electric | $7,930 |
John Paul Tordilla | $7,500 |
Appliance Guy, LLC | $7,172 |
Bird Box, Inc. | $7,128 |
Heavenly Waxing | $6,644 |
Audio Engineer | $6,583 |
Afshin Taymoorzadeh | $6,500 |
Jimmy Galgano | $6,250 |
Hayk Avetisyan | $6,000 |
Jam Sports, Inc. | $5,605 |
Coquet Studios | $4,515 |
Aram Brutyan | $3,800 |
John Gardner | $3,500 |
Lilit Tekeyan-Ultrasound Tech | $3,417 |
Samuel Kepenian | $2,997 |
Yana Stein | $2,750 |
Ana Haddad | $2,500 |
Villafox Innovation Builders, Inc. | $2,460 |
Amanda Taylor | $2,328 |
Rezo Dvali | $1,687 |
Robert Parks | $800 |
Ambartsum Karapetian | $760 |
Nicolas Barriga | $550 |