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 |
|---|---|
| Smith Seven, LLC | $189,000 |
| Concentric Corporation | $185,375 |
| Rock U, LLC | $162,913 |
| Lake Erie Nature & Science Center | $149,675 |
| Pride Logistics, Inc. | $144,687 |
| Pride Logistics, Inc. | $144,680 |
| Nac Technologies Av Rentals and Installations, Inc. | $113,137 |
| Hyland MH Retreats, LLC | $99,248 |
| All-American Teleradiology, LLC | $98,772 |
| JPD & PMR, Inc. | $96,477 |
| Bay Oral & Maxillofacial Surgery, Inc. | $84,000 |
| Thomas Kelly Inc., O.D. | $83,600 |
| DRS. Kyrkos & Chhibber, LLC | $78,377 |
| Hilt Services Mr. Handyman of Cleveland Northwest Suburb, LLC | $75,000 |
| Bay Diner, Inc. | $73,220 |
| Bayarts | $72,120 |
| Bethesda on the Bay Evangelical Lutheran Church of Bay Villa | $71,635 |
| Vivid Jewelers, LLC | $66,725 |
| Hyland Properties, LLC | $65,344 |
| Douglas M Hawkins, Inc. | $64,300 |
| Fehring Family Dentistry, LLC | $58,800 |
| Brad Larson Insurance Agency, LLC | $57,900 |
| American Electric Equipment Company | $53,757 |
| Music for Life and Company, Inc. | $52,205 |
| Kevin Kocon | $51,436 |
| Reds Realty & Associates, LLC | $50,430 |
| VLP Landscaping, LLC | $47,000 |
| Bay United Methodist Church | $44,355 |
| A Luncheon Time, LLC | $41,160 |
| Down Under Enterprises, Inc. | $40,600 |
| Timothy Doyle | $34,700 |
| Mcgranahan Associates, Inc. | $34,220 |
| Peacock Floors, Ltd. | $34,195 |
| Village Project | $33,267 |
| Perfect Fit Health Club | $31,250 |
| Waste Treatment Equipment Specialties, Inc. | $30,312 |
| Prescription Fitness, Ltd. | $28,065 |
| Hindsite Research, LLC | $27,500 |
| Infinity Family Services, LLC | $27,409 |
| Cedartek, LLC | $26,736 |
| Emjaez Dance Studio, LLC | $26,200 |
| The Gerent Group, LLC | $22,490 |
| Forestwood Investments, Inc. | $21,491 |
| Forestwood Investments, Inc. | $21,490 |
| The Twin to Twin Transfusion Syndrome F | $21,375 |
| O'Brien Marketing, Inc. | $21,040 |
| Madison Minerals, Inc. | $20,839 |
| MC North Coast, LLC | $20,833 |
| Mark Von Duhn | $20,833 |
| Ekuiptech, LLC | $20,833 |
| Tim William | $20,833 |
| Mackey Consulting, LLC | $20,833 |
| Beth Kapes | $20,833 |
| Neil Chesterfield | $20,833 |
| Leonard Dreslinski | $20,833 |
| Mark Nazario | $20,833 |
| Richard Kuper | $20,833 |
| Progressive Demolition, LLC | $20,833 |
| Array Dynamics, LLC | $20,833 |
| William Ferber | $20,833 |
| Lorri Gross | $20,833 |
| Therese Koomar | $20,833 |
| Merriman Group, LLC | $20,833 |
| Michael Smith | $20,833 |
| Elizabeth Semler | $20,833 |
| Bau House, Ltd. | $20,833 |
| Sweet Medical, LLC | $20,833 |
| Beth Kapes | $20,833 |
| Julee Alexy | $20,833 |
| Kelsey Robinson | $20,833 |
| Array Dynamics, LLC | $20,833 |
| Richard Deacon | $20,833 |
| BCT Medical, LLC | $20,832 |
| K & K Search Partners, LLC | $20,832 |
| John Maruschak | $20,832 |
| ASH Medical | $20,800 |
| Bradley A. Robinson | $20,800 |
| MH Technology, Inc. | $20,800 |
| Richard Regotti | $20,800 |
| Richard Regotti | $20,800 |
| Scott Breier | $20,761 |
| Scott Breier | $20,761 |
| Kristine Stylski | $20,750 |
| Deborah Sue Southerington | $20,679 |
| O Nail Spa | $20,574 |
| Latino Cleveland, LLC | $20,467 |
| Tiffan Clark | $20,046 |
| Gregory Pierce | $20,022 |
| Stein Contracting, Inc. | $20,000 |
| Stein Contracting, Inc. | $20,000 |
| Micah Davis | $20,000 |
| MSS Consulting, LLC | $19,750 |
| Quality Select Homes, LLC | $19,043 |
| North Coast It Group, Inc. | $18,967 |
| Richard Gerbracht | $18,897 |
| Mobile Care Source, LLC | $18,698 |
| Gail Barber | $18,272 |
| Fitzgerald Builders, LLC | $17,685 |
| China House 168, Inc. | $17,540 |
| Kings Transportation Services, LLC | $17,390 |
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