The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Ringers Services, Inc. | $632,800 |
| Brunch, Ltd. | $172,600 |
| LP Ross Corporation | $144,982 |
| Avante Banquets & Conference Center | $104,675 |
| Riverside Collision Repair, Inc. | $99,090 |
| Emerald Mortgage Corporation | $96,685 |
| Northwest Primary Healthcare S. C. | $67,500 |
| Wholesale Carpets of Fox Valley, Inc. | $51,200 |
| Double D Booking | $48,323 |
| Oleg Simkovic Ltd., D.D.S. | $46,750 |
| Ying Qing Li | $34,045 |
| Vyas Consulting, Inc. | $33,920 |
| SKI Hill Automotive, Inc. | $32,915 |
| Fine Gas Repairs, Inc. | $29,872 |
| Northwest Technology Services, Inc. | $24,500 |
| E. L. Parts, LLC | $22,242 |
| Kelly Stachura | $22,015 |
| Karen Brancato | $20,833 |
| John Diskin | $20,833 |
| Chelsea Deene | $20,833 |
| Jozef Marek | $20,833 |
| Jennifer Handzel | $20,833 |
| Tina McBride | $20,833 |
| Lisa Rzeszutek | $20,833 |
| Ryan McNeal | $20,832 |
| Bremquest, Ltd. | $20,832 |
| Isaiah Pedro Romero | $20,832 |
| Carolyn Downs | $20,749 |
| Carolyn Downs | $20,749 |
| Mital Patel | $20,625 |
| Blake Moore | $20,492 |
| Three Fingers, Inc. | $20,000 |
| Joseph Klusek | $20,000 |
| Christopher Erbach | $19,375 |
| Glass Pro Incorporated | $15,882 |
| Archimedes Customized Equipment Services, Inc. | $15,862 |
| Pro Sports Transportation USA, Inc. | $15,000 |
| Romozzi Design, Ltd. | $14,838 |
| DR Woods, Inc. | $13,915 |
| Admired Smiles, P.C. | $13,826 |
| Killawattsolutions, LLC | $12,695 |
| James Owen | $11,528 |
| Brandon Woodall | $10,425 |
| Joshua Rangel | $10,166 |
| JLD Automotive Services, Inc. | $10,000 |
| Fuel Zone, Inc. | $10,000 |
| The Accounting Effect, Inc. | $9,500 |
| Rhinour, LLC | $9,170 |
| Adam Harjung | $8,332 |
| Mike Schaudek | $8,090 |
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