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 11772
| Name of Borrower | Current Approved Amount |
|---|---|
| Brown's of Bellport, Inc. | $2,204,968 |
| Economic Opportunity Council of Suffolk, Inc. | $2,128,000 |
| Nissan 112 Sales Corporation | $1,338,300 |
| Sweezy Fuel Company, Inc. | $1,322,300 |
| BBS Architects, Landscape Architects and Engineers, P.C. | $1,260,700 |
| Suffolk Center Receiver, LLC | $1,240,502 |
| Baron Brothers Auto Group, Inc. | $1,120,373 |
| Rosemar Contracting Corporation | $1,032,000 |
| Patchogue 112 Motors, LLC | $960,100 |
| Brookhaven Physician Services, PC | $721,835 |
| Island Time 1 Ocean Pkwy, LLC | $645,500 |
| Island Time Hospitality Group, LLC | $594,800 |
| East Patchogue Podiatry, P.C. | $578,460 |
| Professional Care Physical Therapy and | $553,637 |
| Long Island Environmental Assessment, Inc. | $493,200 |
| Hampton Drainage & Paving Corporation | $491,200 |
| Brookhaven Gastroenterology Associates, P.C. | $431,580 |
| All Pro Medical Supplies, Inc. | $424,212 |
| NRG Carpentry Corporation | $397,455 |
| Advertape, Inc. | $389,417 |
| Rhum Patchogue, LLC | $387,700 |
| Brownie Companies of Long Island | $378,360 |
| Long Island Neuroscience Specialists, L.L.P. | $371,592 |
| Christopher Stephens | $350,900 |
| California Diner | $312,500 |
| ABG Services, Inc. | $311,800 |
| Great South Bay Endoscopy Center, LLC | $295,369 |
| BMS Riverside, Inc. | $285,400 |
| Panzner Demo Abatement Corporation-Sba Small 7a Term | $283,702 |
| 600 South Ocean Operating Corporation | $278,000 |
| Patchogue Main, LLC | $272,589 |
| Medihealth Medical, PC | $271,480 |
| Hunter Metal Industries, Inc. | $270,000 |
| The Oar Steak and Seafood Grill, Inc. | $261,900 |
| T&T Automotive, Inc. | $257,500 |
| Kuddage II, Inc. | $256,475 |
| Lex Construction & Development, Inc. | $255,477 |
| Outback Portable Toilets, Inc. | $255,000 |
| MRJC, Inc. | $249,317 |
| Bayshore Food Corporation | $248,600 |
| Conference Associates, Inc. | $246,322 |
| G. & M. Dege, Inc. | $243,500 |
| Majestic Meats, Inc. | $241,700 |
| Blum's Corset Shop | $238,640 |
| Mathew D Borcina, Inc. | $238,500 |
| Nico Construction Group | $237,500 |
| Capobianco, Inc. | $237,000 |
| 335 Alpha, Inc. | $236,200 |
| Gary Curley Plumbing & Heating, Inc. | $232,947 |
| Clearview Plate Glass Company, Inc. | $227,400 |
| Brookhaven Heart, PLLC | $224,582 |
| Long Island Surgery, PC | $223,372 |
| Robertaccio Funeral Home, Inc. | $208,100 |
| Paumanok Veterinary Hospital | $207,500 |
| DJB Tap, Inc. | $206,100 |
| Mcpeak's Adult Home, Inc. | $199,200 |
| Lounge Lizard Worldwide, Inc. | $196,041 |
| Swimming Pools by Jack Anthony, Inc. | $195,876 |
| R & T Medical, P.C. | $194,085 |
| Dublin Deck, Inc. | $194,000 |
| Bellport Animal Hospital, PC | $190,393 |
| Egan & Golden, LLP | $190,000 |
| Patchogue Family Medical Care, PC | $188,685 |
| Brookhaven Heart Management, LLC | $187,707 |
| 7/-Sba Small 7a Term | $187,500 |
| Havens Brewery, LLC | $185,800 |
| Mobile on Demand Storage of NY, Inc. | $178,356 |
| Brandt Marine, Inc. | $177,945 |
| Nellis Food Corporation | $176,344 |
| PB Restaurant Corporation | $175,560 |
| Cartier, Bernstein, Auerbach & Steinberg, P.C. | $175,250 |
| BLD Architecture D., P.C. | $175,201 |
| The Cuban Rest. II, LLC | $171,000 |
| Hall Enterprises, Inc. | $170,372 |
| Presava Corporation | $167,635 |
| Keegan & Keegan, Ross & Rosner, L.L.P. | $164,000 |
| Panzner Enterprises, Inc. | $161,700 |
| The Patchogue Advance, Inc. | $157,603 |
| Lainesita Restaurant Corporation | $156,158 |
| Cataldo Engineeing -Sba Small 7a Term, PC | $150,000 |
| One Way Supply Corporation | $149,500 |
| R & S Logistics and Handling, Inc. | $146,242 |
| Dihop Corporation | $146,000 |
| Automobile Sportswear, Inc. | $145,000 |
| Craig Road Food Corporation | $144,912 |
| Patchogue Local -Sba Small 7a Term, LLC | $143,360 |
| Sil-Kraft Custom Screen Printing, Inc. | $142,928 |
| Centennial Food Corporation | $141,792 |
| ARF Restaurants, LLC | $140,792 |
| Brookhaven Surgical Services, PC | $140,560 |
| Flo's Luncheonette Patchogue, LLC | $138,500 |
| Suffolk Machinery & Power Tool Supply Corporation | $137,130 |
| Li Wax V, LLC | $136,452 |
| Baldon Group, Inc. | $136,110 |
| Gilbert Blaszcyk & Milburn, LLP | $135,062 |
| A Better Door Company, Inc. | $134,630 |
| Cheyenne Food Corporation | $133,885 |
| Patchogue Family Dental, PC | $133,000 |
| Confer RBR, LLC | $131,647 |
| Gallo Restaurant of Patchogue, LLC | $131,590 |
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