The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 11951
Name of Borrower | Current Approved Amount |
---|---|
Sidaras Concrete, Ltd. | $135,595 |
BR Carpentry & Framing, Inc. | $104,166 |
Atlantic Coast Dock Construction Corporation | $103,365 |
Two of US Enterprises, Ltd. | $100,800 |
Jay Kudreyko Drywall, Ltd. | $89,600 |
MRA Mastic, Inc. | $81,677 |
NJC Contracting Corporation | $78,583 |
JR Trimming, Inc. | $73,155 |
TL Contracting, Inc. | $68,250 |
New Trend of NY, Inc. | $46,700 |
Your Nail & Spa II, Inc. | $30,015 |
G. K & Brothers, Inc. | $30,000 |
Bolt Contracting, Inc. | $28,000 |
TRI Hamlet Cleaning, Inc. | $20,900 |
Chavon Fredericks | $20,833 |
Angelo Nikol Rossi | $20,833 |
Mastic Beach Bagels, Inc. | $20,582 |
Tiesha Whitson | $20,082 |
Michael Mathis Jr. | $20,082 |
Malcolm Mathis | $20,082 |
Thomas Whitson | $20,082 |
FTJ Janitorial Services | $18,750 |
S&e Quality Construction | $18,313 |
Jason Lian | $17,706 |
NRC Electrical Contracting, Inc. | $17,600 |
Superior Specialized Services | $17,000 |
D. A. Builders, Inc. | $15,500 |
Home Church | $15,142 |
Gabes Auto Repair, LLC | $15,042 |
Cynthia Rodriguez | $14,300 |
Westbury Window Cleaning | $14,000 |
Anchor Auto & Truck Repair, Inc. | $13,950 |
Verda Corporation | $13,857 |
Six & One Associates, LLC | $13,600 |
Gaetano’S Pizza, Inc. | $12,600 |
Tai Yu Restaurant, Inc. | $11,325 |
East Enders Pool Service, LLC | $10,502 |
Harikrupa Smoke & Convenience, Inc. | $10,422 |
R and B Sold, LLC | $10,000 |
Bookkeepers Plus, Inc. | $9,315 |
Diagnostics Solutions, LLC | $9,075 |
Community Counseling Too LCSW Services, PLLC | $8,830 |
Invent NY Corporation | $8,041 |
Mukhammad Abdusalyamov | $7,500 |
1, 2, 3, Quick, Inc. | $7,432 |
Citius Partners, LLC | $7,400 |
Pop N Play Daycare | $7,212 |
Transaction Plus, Inc. | $7,125 |
Patrick Cupples | $6,798 |
L Barrera Construction Corporation | $6,500 |
630 China Star, Inc. | $6,136 |
DCN Enterprises, Inc. | $6,042 |
Violet Cove Oysters, LLC | $6,041 |
Toes in the Sand, Inc. | $5,625 |
Pro Touch Mobile Detailing | $5,526 |
Village Pizzatime, Inc. | $5,395 |
Ice Memories, Inc. | $5,200 |
Michelle Ellis | $4,962 |
Perotta Oil Burner Service | $4,900 |
Aryb Enterprises, Inc. | $4,642 |
Just Kidding Around Daycare, Inc. | $3,616 |
Mar-Con Industries, LLC | $3,401 |
Abco Addressing Machine, Inc. | $2,686 |
CKG Permit Service, Inc. | $2,515 |
Thomas Raetz | $2,094 |
Linsatorr's Place | $2,005 |
Premier Auto and Truck Services, LLC | $1,521 |
Long Island Smart Construction, Inc. | $915 |