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.
Top 100 largest PPP loans in 2020 in ZIP Code 11767
| Name of Borrower | Current Approved Amount |
|---|---|
| Garrison Protective Services | $1,628,420 |
| Adelberg & Montalvan Pediatric Dental, P.C. | $576,100 |
| Ear Works Audiology, P.C. | $511,400 |
| International Recovery Associates, Inc. | $418,800 |
| Sider Lumber & Supply Company, Inc. | $411,400 |
| Kelly & Hayes Electrical Supply of L. I., Inc. | $392,100 |
| Henry Restoration, Ltd. | $380,552 |
| GS Security Services, Inc. | $324,307 |
| NDA Construction, Inc. | $315,692 |
| Lmec Electric, Inc. | $278,425 |
| T & B Restaurants, Inc. | $255,000 |
| A & F Electrical Testing, Inc. | $250,000 |
| GNP Specialties, Inc. | $244,400 |
| Mid-Suffolk Medical Care, PC | $232,100 |
| Amber Court at Suffolk Lhcsa | $227,789 |
| Deal Concrete Corporation | $224,680 |
| Long Island Energy Services, Inc. | $222,410 |
| ZNZ Enterprise, Inc. | $222,398 |
| Audio Den, Ltd. | $220,039 |
| Key High Vacuum Products, Inc. | $219,317 |
| Cinos Smithtown, LLC | $215,300 |
| Paal Technologies, Inc. | $173,587 |
| Eye Vision Associates, LLP | $166,925 |
| All the Answers, Inc. | $162,500 |
| Tri-Technician Sales Associates, Inc. | $161,882 |
| Bonati, LLC | $152,510 |
| The Law Offices of Thomas M. Volz, PLLC | $138,087 |
| Nesconset Dental Associates, PC | $134,715 |
| Smart Tint, Inc. | $129,225 |
| Independent Investors, Inc. | $125,000 |
| Norwest Manchester, LLC | $121,600 |
| Mazla, Inc. | $117,460 |
| Primary Medical Care of Suffolk County, PC | $117,387 |
| Horio Restaruant, Inc. | $114,220 |
| Sanitech Services, Inc. | $113,384 |
| Regency Transportation, Ltd. | $111,290 |
| Ram Marketing, Inc. | $102,900 |
| Double-Pole Electric, Inc. | $101,644 |
| Betty Phillips Holding Corporation | $101,455 |
| Handy Pantry Stores, Inc. | $100,000 |
| Creative Irrigation Service Corporation | $98,977 |
| Inspecticore, Inc. | $97,982 |
| Li Donuts-Store #001, Inc. | $97,887 |
| Shamar Restaurant, Inc. | $88,200 |
| Coast to Coast Agents, Inc. | $87,443 |
| 7 Stromboli, LLC | $85,939 |
| Raymond B Borsella & Company, CPA | $83,450 |
| American Elite Construction Services, Inc. | $78,177 |
| D & A Logistics, LLC | $76,634 |
| E a Supply Corporation | $76,000 |
| R & S HP, Inc. | $72,500 |
| North Suffolk Endocrinology, PC | $71,435 |
| IBM Ventures, Inc. | $70,653 |
| Roman Catholic Church of Holy Cross | $68,390 |
| J Carter Marketing, Inc. | $65,295 |
| Perfect Homes, Inc. | $62,500 |
| Cybrarian Corporation | $62,500 |
| Nesconset DD3, LLC | $60,795 |
| B&R Plumbing & Heating of L. I., Inc. | $59,200 |
| TLC Physical Therapy -Sba Small 7a Term, PC | $59,000 |
| Harvey a Freedman PC, D.P.M. | $57,800 |
| Russ Fragala Construction Corporation | $56,642 |
| Borella Nursery, Inc. | $54,700 |
| O Brien & O Brien, LLP | $53,750 |
| Johnny Does Hairinc | $53,657 |
| Lucky Ambulette Services, LLC | $53,428 |
| Apollo Fire Sprinkler Company, Inc. | $52,500 |
| ASRD Consulting Corporation | $52,267 |
| Smithtown Glass & Architectural Metal, Inc. | $51,457 |
| Sanale, Inc. | $50,467 |
| Akshad, Inc. | $50,000 |
| Regal Exterminators of NY -Sba Small 7a Term, Inc. | $49,080 |
| AMPD Dental Levittown, PLLC | $49,002 |
| Lombardi Family Caterers, LLC | $48,900 |
| Florence Construction Corporation | $48,808 |
| Fitzpatrick Electric, Inc. | $47,600 |
| Interior Climate Solutions, Inc. | $46,875 |
| Brigandi Brothers, Ltd. | $46,800 |
| Creative Food Sales, Inc. | $46,710 |
| True Chiropractic, PLLC | $46,500 |
| IN Vision Software, Inc. | $45,000 |
| Heff Med, LLC | $44,792 |
| Capo Design Build, Inc. | $43,562 |
| Broderick Express, Inc. | $43,000 |
| My Way, Inc. | $42,870 |
| Paul D. Savino | $42,234 |
| Gargiulo & Company Cpas, PC | $41,900 |
| Big Purple Button | $41,666 |
| Nesconset Eye Care Optometry, PC | $41,180 |
| Lifevac, LLC | $41,000 |
| Gary V Catalanotto CPA, PC | $40,425 |
| William Carpenter, CPA-Sba Small a Term | $39,520 |
| Nick J. Giannitsas, CPA, P.C. | $38,195 |
| Jem Plumbing & Heating, Inc. | $37,800 |
| Created by ME, Inc. | $37,555 |
| Tenfold Media, LLC | $37,500 |
| Richard S. Trisciuzzi, CPA | $37,300 |
| Wei Lin 8204 Corporation | $35,718 |
| A. C. Ob., Inc. | $35,563 |
| Party Hardy of Nesconset, LLC | $35,360 |
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