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 |
|---|---|
| T. Bruce Sales, Inc. | $778,022 |
| Colonial Metal Products, Inc. | $738,300 |
| D & G Mechanical, Inc. | $713,035 |
| Chambers Steel Service Corporation | $469,215 |
| Erie Enterprises, Inc. | $234,317 |
| Arnold L Barris Trucking, Inc. | $214,352 |
| Middlesex Diner, Inc. | $128,726 |
| T Bruce Campbell Construction, Inc. | $100,000 |
| O'Neill Coffee Company | $93,347 |
| Oak Tree Golf Club, Ltd. | $86,819 |
| Dap Trucking, LLC | $80,430 |
| Eastern Foundation, Inc. | $75,845 |
| Barris Supply Company, Inc. | $44,895 |
| Chalpka Concrete Construction | $44,597 |
| Barris Truck Service, Inc. | $43,280 |
| Schwartz Excavating, LLC | $41,248 |
| Extreme Caster Services, Inc. | $31,470 |
| Extreme Engineered Solutions, Inc. | $29,425 |
| Suprima International, Inc. | $29,246 |
| Lawrence Naples | $28,705 |
| Specialty Nameplate & Manufacturing, Inc. | $28,205 |
| U. S. Fuel Corporation, Inc. | $25,294 |
| Turkey Run Landscaping, LLC | $25,000 |
| Armor Lining, Inc. | $22,702 |
| Global Commodity Systems, LLC | $22,440 |
| GJDQ, Inc. | $22,315 |
| Chaney Construction, LLC | $22,100 |
| Rodney A. Garrett | $21,975 |
| Tracy Zingaro | $20,833 |
| Keith Young | $20,833 |
| Michael Bohonik | $20,833 |
| Vesta Weiser | $20,833 |
| Wesley Aiken | $20,833 |
| Listopad Logistics, LLC | $20,832 |
| Boss Impire | $20,832 |
| Faith King | $20,832 |
| Shawnese Thompson | $20,832 |
| JDS Health Care Strategies, LLC | $20,800 |
| Nancy's West Middlesex Tavern, LLC | $20,744 |
| Weiser Heating & Air Conditioning, LLC | $20,700 |
| Apex Landscaping & Excavating, Inc. | $20,387 |
| Anthony Malone | $19,212 |
| National Association of the Church of God | $18,200 |
| James Stoner VFW Post No 6233 | $16,300 |
| Diesel by Dash, Inc. | $13,194 |
| Rich Rock Media, LLC | $13,047 |
| West Middlesex United Methodist Church | $12,100 |
| Hillard Holdings, LLC | $11,732 |
| Loomis Group, LLC | $11,500 |
| Malinda Koncar | $10,585 |
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