There were 73 PPP loans issued in Pennsylvania during the week ending June 21. 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.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Freedom at Home Homecare, LLC | 2020-06-15 | $350,000-1 million |
Bonel Medical Equipment, Inc. | 2020-06-15 | $150,000-350,000 |
Custom Carbide Grinding, Inc. | 2020-06-15 | $150,000-350,000 |
III Guys Pizza, Inc. | 2020-06-15 | $150,000-350,000 |
Michael W Phillips, Inc. | 2020-06-15 | $150,000-350,000 |
Seven Oaks Country Club, Inc. | 2020-06-15 | $150,000-350,000 |
The Country Club of Harrisburg, Inc. | 2020-06-15 | $150,000-350,000 |
Torino, Inc. | 2020-06-15 | $150,000-350,000 |
FMD K&L, Inc. | 2020-06-16 | $2-5 million |
GVM, Inc. | 2020-06-16 | $2-5 million |
Quantum 5 Consultants, LLC | 2020-06-16 | $350,000-1 million |
Rochester Machine Corporation | 2020-06-16 | $350,000-1 million |
Amel's, Inc. | 2020-06-16 | $150,000-350,000 |
Benedict's Produce, LLC | 2020-06-16 | $150,000-350,000 |
CRY Baby South Third Street, LLC | 2020-06-16 | $150,000-350,000 |
James a Turner, Inc. | 2020-06-16 | $150,000-350,000 |
Jumbo China Buffet of Reading, Inc. | 2020-06-16 | $150,000-350,000 |
Monarch Door Company, LLC | 2020-06-16 | $150,000-350,000 |
Neato Burrito, LLC | 2020-06-16 | $150,000-350,000 |
Premier Bluestone, Inc. | 2020-06-16 | $150,000-350,000 |
Pumpkin Patch Childcare, Inc. | 2020-06-16 | $150,000-350,000 |
RX Home Health Services, Inc. | 2020-06-16 | $150,000-350,000 |
Schlow Centre Region Library | 2020-06-16 | $150,000-350,000 |
Sharretts Plating Company, Inc. | 2020-06-16 | $150,000-350,000 |
Steed Hvac, LLC | 2020-06-16 | $150,000-350,000 |
The Main Link | 2020-06-16 | $150,000-350,000 |
The Marcom Group, Ltd. | 2020-06-16 | $150,000-350,000 |
Woolrich, Inc. | 2020-06-17 | $1-2 million |
C/T Install America, LLC | 2020-06-17 | $350,000-1 million |
Criterion Laboratories, Inc. | 2020-06-17 | $350,000-1 million |
Naamans Creek Care, Inc. | 2020-06-17 | $350,000-1 million |
Strategic Reports, Inc. | 2020-06-17 | $350,000-1 million |
T. Bruce Sales, Inc. | 2020-06-17 | $350,000-1 million |
58 York Partners, LLC | 2020-06-17 | $150,000-350,000 |
Angels Are US Home Health Agency, LLC | 2020-06-17 | $150,000-350,000 |
Hagey Coach, Inc. | 2020-06-17 | $150,000-350,000 |
Leon Ray Martin Excavating, Inc. | 2020-06-17 | $150,000-350,000 |
Master Millwright Industrial, LLC | 2020-06-17 | $150,000-350,000 |
Mcdougie Partners, LLC | 2020-06-17 | $150,000-350,000 |
New Freedom Behavioral Health, LLC | 2020-06-17 | $150,000-350,000 |
Patterson Trucking, LLC | 2020-06-17 | $150,000-350,000 |
Royal Transportation 007, Inc. | 2020-06-17 | $150,000-350,000 |
Plymouth Environmental Company, Inc. | 2020-06-18 | $350,000-1 million |
Structural Maintenance Systems, Inc. | 2020-06-18 | $350,000-1 million |
Academy for Early Learning | 2020-06-18 | $150,000-350,000 |
Back Porch Restaurant, Inc. | 2020-06-18 | $150,000-350,000 |
Beersheba Adventist Church, Inc. | 2020-06-18 | $150,000-350,000 |
Brownstone Caf | 2020-06-18 | $150,000-350,000 |
Creative Carpentry Trim Crew, LLC | 2020-06-18 | $150,000-350,000 |
Hey Diddle Diddleday School, Inc. | 2020-06-18 | $150,000-350,000 |
Kpi2 Contractors, Inc. | 2020-06-18 | $150,000-350,000 |
Pennsylvania Service Coordination Agency | 2020-06-18 | $150,000-350,000 |
Ponns and Company, Inc. | 2020-06-18 | $150,000-350,000 |
Selvaggio and Sons Plumbing & Heating, Inc. | 2020-06-18 | $150,000-350,000 |
Speer Street Grill, Inc. | 2020-06-18 | $150,000-350,000 |
Brightbill Transportation, Inc. | 2020-06-19 | $1-2 million |
Bet-El Counseling Services, Inc. | 2020-06-19 | $350,000-1 million |
City Center Hospitality Six, LLC | 2020-06-19 | $350,000-1 million |
MO Whitfield, LLC | 2020-06-19 | $350,000-1 million |
Uticom Systems, Inc. | 2020-06-19 | $350,000-1 million |
Business Record Management Services, Inc. | 2020-06-19 | $150,000-350,000 |
Neymar Express, LLC | 2020-06-19 | $150,000-350,000 |
Plastic Supply of Pennsylvania, Inc. | 2020-06-19 | $150,000-350,000 |
The Green/byrne Child Care Center, Inc. | 2020-06-19 | $150,000-350,000 |
TRS Welding & Fabrication, Inc. | 2020-06-19 | $150,000-350,000 |
Uptown Entertainment, Inc. | 2020-06-19 | $150,000-350,000 |
Doylestown Pack and Ship | 2020-06-20 | $1-2 million |
Esbenshade, Inc. | 2020-06-20 | $1-2 million |
Se Service Corporation | 2020-06-20 | $350,000-1 million |
7 Stars Phoenixville, LLC | 2020-06-20 | $150,000-350,000 |
Middle Creek Roofing, LLC | 2020-06-20 | $150,000-350,000 |
Salon Vanity, Inc. | 2020-06-20 | $150,000-350,000 |
A1 Japanese Steakhouse, LLC | 2020-06-21 | $150,000-350,000 |