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Suffolk Reporter

Monday, September 23, 2024

68 PPP loans provided to small businesses in ZIP Code 11951 in 2020

Innovation

There were 68 PPP loans provided to small businesses in 2020 in ZIP Code 11951, according to the US Small Business Administration.

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 BorrowerCurrent 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

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