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 11959
| Name of Borrower | Current Approved Amount |
|---|---|
| Otis Ford, Inc. | $937,100 |
| Arenz Heating & Air Conditioning Corporation | $669,000 |
| Mcap Advisers, LLC | $500,200 |
| Mulco, Inc. | $460,600 |
| Quogue Club Management, LLC | $322,027 |
| Cardo Site Development, Inc. | $295,200 |
| Sunny Limo, Inc. | $205,500 |
| Precision Excavating & Drainage Corporation | $186,585 |
| Hampton Motors, LLC | $169,000 |
| MTC Security Company, Inc. | $159,000 |
| Mark Lumley, Inc. | $149,512 |
| MJM Electric Corporation | $145,958 |
| Heaterman Heating & Air Conditioning, Inc. | $138,982 |
| Larry Berman, LLC | $125,507 |
| South Shore Docks, Inc. | $115,000 |
| Greener Pastures Organics, Inc. | $114,005 |
| Sunrise Sanitation, LLC | $113,532 |
| DC Electric, Inc. | $107,948 |
| Southampton Township Wild Fowl Association, Inc. | $106,500 |
| Peconic Family Medicine, P.C. | $101,200 |
| JR Electrical Enterprises, Inc. | $100,000 |
| D&R Pool Service, Inc. | $99,710 |
| F and J Electric, Inc. | $96,675 |
| Carrington Land Surveying, PC | $93,500 |
| Beach Electric of Quogue, Inc. | $92,640 |
| Hampton Pool Works, Inc. | $84,198 |
| S L Worby and Son, Inc. | $83,848 |
| Island Wholesale Florist | $83,000 |
| Sun-Brite Pool Services, Inc. | $82,400 |
| Quogue Management, LLC | $80,200 |
| Turf Bros., Inc. | $79,100 |
| Court Order | $78,450 |
| Peconic Plastics, Inc. | $77,041 |
| Fertilawn, Inc. | $76,202 |
| Sparrow Heating & Air Conditioning, Inc. | $67,000 |
| Duand H. V. A. C. Systems, Inc. | $64,700 |
| William D'Agata Design + Build Corporation | $64,410 |
| East END Pest Management, Inc. | $63,346 |
| Quogue Swimming Pool Service, Inc. | $61,830 |
| Ocean Air Services, Inc. | $53,210 |
| JDG Interiors, Ltd. | $44,800 |
| Designer Glass Solutions, LLC | $40,400 |
| Costello Studio, Inc. | $39,417 |
| JHK Plumbing and Heating -Sba Small 7a Term, Inc. | $33,145 |
| Perfect Harmony Enterprises, Ltd. | $32,841 |
| Timeless Classics Auto Service, Ltd. | $30,226 |
| Plans East Design Lanscape Architecture, PC | $28,513 |
| Old Tennis Services | $26,233 |
| Meadows Medical Supply | $24,312 |
| Steve's Landscaping, LLC | $24,062 |
| Escobars Repair Shop, Inc. | $23,297 |
| Star Fish East, Inc. | $23,100 |
| Law Offices of Kittric Motz, P.C. | $21,327 |
| Flying Monkeys Media, LLC | $20,833 |
| Summer House Builders, Inc. | $20,800 |
| L and D Services -Sba Small 7a Term, Inc. | $18,480 |
| Triple G Automotive -Sba Small 7a Term, Inc. | $18,415 |
| Waterdance Pool Service, Inc. | $17,500 |
| Syp Industries, Ltd. | $16,955 |
| Fahey Home Improvement, Inc. | $16,426 |
| Love of Learning-Sba Small 7a Term | $16,278 |
| Free Money, LLC | $15,000 |
| Todays Court Reporting, Inc. | $14,947 |
| Bruce Davidson | $14,482 |
| Malone Law Group, P.C. | $13,660 |
| Elizabeth Plate LCSW, PLLC | $13,520 |
| Beach Pools & Spas, Inc. | $11,860 |
| Bestaire by Marios, Inc. | $10,937 |
| Hampton Theatre Company, Inc. | $10,100 |
| Two Lobsters, Inc. | $9,416 |
| Denys Designs, Inc. | $9,242 |
| Bradley J. Warner | $8,332 |
| SGD Property Management, LLC | $5,200 |
| Hampton Framing-Sba Small 7a Term | $4,375 |
| Big Buddha Yoga and Barre, Inc. | $2,300 |
| World Taekwondo Academy | $1,725 |
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