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Friday, September 20, 2024

Salem Tube, Inc. receives a PPP loan between $1M-$2M on June 22

Genbusiness006

Salem Tube, Inc. received a Paycheck Protection Program loan between $1 to 2 million on June 22, according to the US Treasury Department.

There were 95 PPP loans issued in Pennsylvania during the week ending June 28. The average loan size in the state was between $150,000 to 350,000.

There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.

The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.

RecipientsDate ReceivedDollar Amount Received
Salem Tube, Inc.2020-06-22$1-2 million
Target Building Construction, Inc.2020-06-22$1-2 million
Just US Construction, Inc.2020-06-22$350,000-1 million
North East Unloading Services, LLC2020-06-22$350,000-1 million
Am Towing Service, LLC2020-06-22$150,000-350,000
Balascio Excavating, LLC2020-06-22$150,000-350,000
Chester County Conference and Visitors Bureau2020-06-22$150,000-350,000
Hgilm Associates, LLC2020-06-22$150,000-350,000
Myers Home Healthcare, LLC2020-06-22$150,000-350,000
Perfect Place Real Estate2020-06-22$150,000-350,000
Ralph Manne Salon, Inc.2020-06-22$150,000-350,000
Saxon Office Technology, Inc.2020-06-22$150,000-350,000
Temple Sholom in Broomall, Inc.2020-06-22$150,000-350,000
The Pittsburgh Proect2020-06-22$150,000-350,000
Victor Cortes2020-06-22$150,000-350,000
Cornwall Manor2020-06-23$2-5 million
Mount Aloysius College2020-06-23$2-5 million
Classic Healthcare, Inc.2020-06-23$1-2 million
Mahoning Valley Convalescent Home, Inc.2020-06-23$1-2 million
Pace School2020-06-23$1-2 million
Daniel C Tanney, Inc.2020-06-23$350,000-1 million
Tekloc Enterprises, LLC2020-06-23$350,000-1 million
Walter R Dorn Estate, Inc.2020-06-23$350,000-1 million
Advanced Engineering, Inc.2020-06-23$150,000-350,000
Allentown Supermarket, LLC2020-06-23$150,000-350,000
Apex Enterprises2020-06-23$150,000-350,000
Blue Plate Minds, Inc.2020-06-23$150,000-350,000
CJP Builders, LLC2020-06-23$150,000-350,000
Grandmas House, LLC2020-06-23$150,000-350,000
J & B Transports, Inc.2020-06-23$150,000-350,000
Law Office of Dana Blue2020-06-23$150,000-350,000
Hufnagle Excavating, Inc.2020-06-24$350,000-1 million
Rack-Wildner & Reese, Inc.2020-06-24$350,000-1 million
Spaark, Inc.2020-06-24$350,000-1 million
The Williams Group Electrical Contractor2020-06-24$350,000-1 million
Welder Training and Testing Institute, Inc.2020-06-24$350,000-1 million
Albert P & Marlene S Zakes PTR2020-06-24$150,000-350,000
Bauder Audio Systems, Inc.2020-06-24$150,000-350,000
Caring Life Services, Inc.2020-06-24$150,000-350,000
Cole Family Dentistry, LLC2020-06-24$150,000-350,000
Deangelo Contracting Services, LLC2020-06-24$150,000-350,000
Nittany Mountain Excavating, Inc.2020-06-24$150,000-350,000
Palais Real Estate2020-06-24$150,000-350,000
Park Run Management Company2020-06-24$150,000-350,000
Sabur, LLC2020-06-24$150,000-350,000
Sai Real Estate, LLC2020-06-24$150,000-350,000
Wit Strategy, LLC2020-06-24$150,000-350,000
Lions Pride Restaurant, Inc.2020-06-25$350,000-1 million
Nu Partners, LLC2020-06-25$350,000-1 million
Tidioute Community Charter School2020-06-25$350,000-1 million
Aj Moore, Inc.2020-06-25$150,000-350,000
BCF Group2020-06-25$150,000-350,000
Beattitudes Home Health Care, Inc.2020-06-25$150,000-350,000
Bon Homie, Ltd.2020-06-25$150,000-350,000
Durham Springs, Inc.2020-06-25$150,000-350,000
Kappa 3691, Inc.2020-06-25$150,000-350,000
Ken Lang, Inc.2020-06-25$150,000-350,000
Mccullough Machine, Inc.2020-06-25$150,000-350,000
Pioneer Academics, PBC2020-06-25$150,000-350,000
Pocono Power House, Inc.2020-06-25$150,000-350,000
Polsihed by Her, LLC2020-06-25$150,000-350,000
Rowa Group Holding GMBH2020-06-25$150,000-350,000
Seem Restaurant Corporation2020-06-25$150,000-350,000
Shaffer Landscapes, Inc.2020-06-25$150,000-350,000
T & M Hardware & Rental, Inc.2020-06-25$150,000-350,000
York Home Performance, LLC2020-06-25$150,000-350,000
Clarion Sintered Metals, Inc.2020-06-26$2-5 million
DWD & Associates, Inc.2020-06-26$350,000-1 million
Lioness Community Care Corporation2020-06-26$350,000-1 million
Miracle Steel, Inc.2020-06-26$350,000-1 million
Broomall Pediatric Dentistry and Ortho2020-06-26$150,000-350,000
Cumberland Area Economic Development Corporation2020-06-26$150,000-350,000
Harrisburg Hotel Corporation2020-06-26$150,000-350,000
Haus of Designs Holdings2020-06-26$150,000-350,000
New Enterprise Rural Electric2020-06-26$150,000-350,000
Northeast Homecare Specialists, Inc.2020-06-26$150,000-350,000
Oreland Associates2020-06-26$150,000-350,000
Pennsylvania Northeastern Railroad, LLC2020-06-26$150,000-350,000
Poolside Plastering, Inc.2020-06-26$150,000-350,000
Schulmerich Bells Household, LLC2020-06-26$150,000-350,000
Tate's Supermarket, Inc.2020-06-26$150,000-350,000
Vegas Tan2020-06-26$150,000-350,000
Warwick Community Ambulance Association, Inc.2020-06-26$150,000-350,000
Wexford Real Estate Construction, LLC2020-06-26$150,000-350,000
X Technologies, Inc.2020-06-26$150,000-350,000
Zullinger / Brenize Outdoor Design and Maintenance, Inc.2020-06-26$150,000-350,000
Horizons Food of the Future, Inc.2020-06-27$350,000-1 million
Altogether Home Health Services, Inc.2020-06-27$150,000-350,000
Score Entertainment, LLC2020-06-27$150,000-350,000
Vedge Restaurant Group, LLC2020-06-27$150,000-350,000
Arep I PM Hotel Owner LP2020-06-28$350,000-1 million
Emika, LLC2020-06-28$150,000-350,000
Gipson Bearing and Supply Company2020-06-28$150,000-350,000
Ryan Healthcare, Inc.2020-06-28$150,000-350,000
V&V Management Solutions, LLC2020-06-28$150,000-350,000

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