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 11958
| Name of Borrower | Current Approved Amount |
|---|---|
| The Greenport Brewing Company, LLC | $329,455 |
| Sang Lee Farms, Inc. | $212,287 |
| Coastal Plantings, Inc. | $204,400 |
| J Petrocelli Wine Cellars, LLC | $190,000 |
| Creative Environmental Design, Inc. | $153,100 |
| Dorset Farms, Inc. | $151,283 |
| Osprey's Dominion Vineyards, Ltd. | $134,900 |
| C. J. Van Bourgondien, Inc. | $131,914 |
| Eeco Electric Corporation | $125,600 |
| Jay W. Guild Wholesale Grower | $108,500 |
| North Fork Animal Welfare League, Inc. | $104,837 |
| Latham Sand & Gravel, Inc. | $91,482 |
| Ted's Auto Body, Inc. | $71,600 |
| Peconic Office Management Corporation | $64,600 |
| Briarcliff Landscape, Inc. | $59,532 |
| Briarcliff Sod, Inc. | $57,282 |
| Naturally Bella, Inc. | $46,877 |
| Environment East, Inc. | $43,207 |
| RJ Corazzini Electric | $36,250 |
| Leap Foundation for Research to Practice | $30,652 |
| Chuck's Fiberglass, Inc. | $30,560 |
| Treiber Farms, LLC | $30,540 |
| Breeze Hill Farm and Preserve, LLC | $29,486 |
| Pine Oaks Lawn Care Corporation | $27,087 |
| Kam and Rick, Inc. | $25,867 |
| East Mill Corporation | $22,700 |
| 825 Peconic Lane, Inc. | $21,500 |
| Marisa Cardinale | $20,833 |
| Scott Desimone, P.C. | $20,832 |
| Susan Albano | $20,830 |
| Natural Landscape Accents, LLC | $20,000 |
| Tom Grattan Lawn, LLC | $16,500 |
| Certified Organic Farm to Table, LLC | $10,528 |
| Hall Chiropractic | $9,500 |
| Randall Bros Tree Service | $7,823 |
| Hadley Wiggins, Inc. | $5,250 |
| Erol Baskurt | $5,207 |
| Mott's Tree Service & Landscaping NY, LLC | $5,190 |
| Sesom, Inc. | $5,000 |
| B. J. C. Associates, Inc. | $3,087 |
Alerts Sign-up