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 11768
| Name of Borrower | Current Approved Amount |
|---|---|
| ACS Home Care, LLC | $1,392,500 |
| Applied Visions, Inc. | $1,302,352 |
| Ipbox, LLC | $780,525 |
| Positive Behavior Support Consulting and Psychological Resou | $722,225 |
| Harborside Productions, LLC | $586,300 |
| Intheshed Sayville, LLC | $545,105 |
| BRH Management, LLC | $539,980 |
| Advent Advisory Group, LLC | $526,130 |
| Electric Essentials Corporation | $501,615 |
| Ballo Restaurants, LLC | $490,672 |
| Waterside Management Corporation | $467,317 |
| 54 New Street Restaurant Group, LLC | $464,152 |
| Brody O'Connor & O'Connor, LLP | $457,300 |
| Vested Business Brokers, Ltd. | $383,500 |
| Besito Restaurants Chestnut Hill, LLC | $335,835 |
| Koran Landscape Services, Inc. | $312,700 |
| NGG Noble Corporation | $303,430 |
| Lavecchia Surface Preparation | $300,000 |
| Top Shelf Trucking, LLC | $294,000 |
| Coach Real Estate Associates, Inc. | $260,680 |
| Gladius Construction Corporation | $257,427 |
| Northport Yacht Club, Inc. | $234,690 |
| Team Construction Company, Inc. | $231,587 |
| Sosh Brands, Inc. | $226,945 |
| Fort Salonga Markets Association, LLC | $224,500 |
| Cardone Solomon & Associates, Inc. | $220,250 |
| Lou Tage, Inc. | $215,300 |
| OBP West Islip, LLC | $214,300 |
| North Shore Veterinary Hospital, LLC | $213,400 |
| Caribbean Air Conditioning Corporation | $191,887 |
| Del Vino Vineyards, Inc. | $175,502 |
| Gallowitsch Enterprises, Ltd. | $172,700 |
| Northport Baking Company, Inc. | $171,662 |
| Britannia Acquisition Corporation | $164,121 |
| Zaah Holdings, Inc. | $161,524 |
| Mcmezz, LLC | $158,447 |
| Cathy Nesselt Agency, Inc. | $157,600 |
| Lindley Bros Asphalt Paving, Inc. | $152,638 |
| Long Island Server Solutions, Inc. | $150,000 |
| Lan World, Ltd. | $149,685 |
| Webco Interiors, Inc. | $146,675 |
| Norwood Liquors, Inc. | $146,000 |
| CST Designs ICNC. | $145,000 |
| Sakariba, Inc. | $144,160 |
| Safeguard Credit Counseling Services, Inc. | $138,200 |
| Karina Freedman, Inc. | $136,567 |
| Jokal Food Company, LLC | $134,235 |
| Napa Bound, Inc. | $133,480 |
| Techleaders Consulting, LLC | $132,525 |
| Hartt Insurance Agency, Inc. | $129,200 |
| Code DX, Inc. | $124,852 |
| Alan P Sherr DC, PC | $123,500 |
| The First Presbyterian Church of Northport, New York | $121,750 |
| Nolan Funeral Home, Inc. | $121,560 |
| West Automotive Corporation | $120,262 |
| M Marcisak Productions, Inc. | $118,700 |
| Prescription PR, Inc. | $116,967 |
| Grand Street Media Holdings, Inc. | $116,040 |
| Mama Mia Northport, LLC | $113,607 |
| Haven Gallery, LLC | $113,322 |
| Openmoves, Inc. | $112,922 |
| SML Capital Advisors, LLC | $112,267 |
| MPGP580, LLC | $109,572 |
| CST, Inc. | $108,750 |
| Island Kids Early Childhood Center, Inc. | $107,470 |
| North Shore Indulgence, LLC | $106,250 |
| Northport Employees Day Care, Inc. | $105,500 |
| Pioneer Construction Company | $105,000 |
| Deer Park PT & PTA Physical Therapy & | $102,865 |
| Patatinis, Inc. | $102,700 |
| St. Philip Neri Roman Catholic Church | $100,000 |
| Broadway and Eternity, LLC | $100,000 |
| Trinacria Pizzeria, LLC | $98,219 |
| 110 Maintenance Corporation | $97,757 |
| N J M Developers, Inc. | $97,202 |
| Testa Brothers, Ltd. | $97,142 |
| Champion Car Washing, Inc. | $95,800 |
| Meatballs, Inc. | $92,217 |
| Three Amigos Mexican Grill II, Inc. | $91,900 |
| Richard E. Young and Arlene L. | $90,840 |
| Spec 4 International, Inc. | $90,317 |
| Integrity Motors of Nortport, Inc. | $87,525 |
| Rick Radigan Contracting, Inc. | $85,795 |
| Venus Restaurant of Northport, Inc. | $85,652 |
| Evangelical Lutheran Church of the Abiding Presence | $81,287 |
| Kam Materials, Inc. | $81,192 |
| J Cappiello Landscaping, Inc. | $80,605 |
| Empire Electronics, Inc. | $79,107 |
| Northport Harbor Orthodontics | $78,500 |
| Jeffrey S. Rubin | $77,632 |
| Outsourcemysales.com, LLC | $76,936 |
| Seymour's Boatyard, Inc. | $76,832 |
| Christopher J. Maione | $75,782 |
| Napper Tandy's of Northport, Inc. | $74,700 |
| Scudder Restaurant Corporation | $74,347 |
| Northport Chemists, Inc. | $73,750 |
| Halkis Pizza Corporation | $73,332 |
| Mobile Brake, Inc. | $71,405 |
| Stiene & Associates, P.C. | $70,330 |
| Little John Remodeling, Inc. | $69,790 |
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