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 |
|---|---|
| P. B. Iyer, Iyer Farms, M.D. | $525,997 |
| Rico Pfitzer Pires & Associates Insurance Agency, Inc. | $494,600 |
| Tony L. Lopes Dairy, L. P | $420,545 |
| Pea Soup Andersen's Santa Nella, Inc. | $406,039 |
| Agri-Community Express, Inc. | $286,500 |
| Pires Dairy Farms | $238,515 |
| Anthony Peters & Company Trucking, Inc. | $233,192 |
| John Silveira Dairy, Inc. | $193,845 |
| JMB Diversified Hauling, Inc. | $170,005 |
| Ran Health Services, Inc. | $168,680 |
| Eddie Silveira Family Dairy | $159,625 |
| Bradley Nightengale | $155,793 |
| John Nunes | $149,450 |
| Jose Silveira Dairy V | $109,036 |
| Correia Family Dairy Farm, LLC | $105,297 |
| Clear Three, Inc. | $102,800 |
| Trio Hospitality, Inc. | $101,300 |
| Best Drayage, LLC | $94,300 |
| Martins View Jersey Dairy | $81,957 |
| Luis C Nunes & Sons 1 | $80,690 |
| Paul R Lopes | $79,492 |
| Five Star Custom Spreading, Inc. | $74,690 |
| Temple Santa Nella, LLC | $71,500 |
| Frank Azevedo II | $70,700 |
| A Plus Plumbing, LLC | $69,474 |
| Ventura Farms, Inc. | $67,555 |
| Dennis C. Nunes | $66,120 |
| Splendor Salad | $63,233 |
| Blue Spring Hospitality | $59,588 |
| Luis H. Nunes | $59,415 |
| AHN Investments, Inc. | $52,083 |
| Manuel & Mary Mendes | $50,252 |
| Jos Vending | $48,100 |
| Cross Creek Dairy | $45,000 |
| Gustine Depot Garage, LLC | $44,134 |
| J & L Oliveira Transportation, Inc. | $43,400 |
| Rai and Sons Corporation | $38,800 |
| Perry's More Than Pizza | $36,000 |
| All Points Construction General & Engineering Contracto, Inc. | $35,267 |
| Souza Farms, Inc. | $33,382 |
| Pantoja Plastering | $32,447 |
| Naimis Farm | $32,312 |
| Khaira Investment, Inc. | $27,500 |
| Tony Truck and Trailer, Corporation | $25,377 |
| Santa Nella 22501, Inc. | $23,600 |
| Los Banos W I5 Koa | $22,946 |
| Bloom Farms | $21,604 |
| Veronica Palafox | $20,800 |
| Double L & N Dairy | $20,255 |
| Rocha Way Farms, Inc. | $20,000 |
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