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 11961
| Name of Borrower | Current Approved Amount |
|---|---|
| Residential Fences Corporation | $2,400,000 |
| Laser Industries, Inc. | $2,052,000 |
| Division Seven Contracting, Inc. | $325,000 |
| Environmental Business Consultants, Inc. | $265,242 |
| Campbird Management Company, LLC | $209,294 |
| Quality and Assurance Technology Corporation | $205,000 |
| Leisure Glen Homeowners Association, Inc. | $141,700 |
| Kaufold's Country Florist & Farm, Inc. | $130,500 |
| MTM Electric, Inc. | $97,400 |
| Athletic Event Management Services, Inc. | $75,000 |
| Long Island Health Plans, Inc. | $72,600 |
| Brady Home Improvement, Inc. | $70,800 |
| Leisure Physical Therapy, P.C. | $68,193 |
| All Island Collision and Auto Repair, Inc. | $67,500 |
| Ridge Restaurant, Inc. | $66,605 |
| All Island Landscaping and Masonry Design, Inc. | $65,000 |
| Zbli, Inc. | $61,060 |
| ASG & C, Inc. | $57,742 |
| I Go Burger, Inc. | $57,200 |
| Joseph Bruno Plumbing | $56,477 |
| Ecstasy Foods, Inc. | $54,700 |
| Allstar Electronic Systems, Inc. | $54,575 |
| Kenneth Beckman H.L.S. | $43,587 |
| ASK2 Donuts, LLC | $43,400 |
| Sultan Auto Repair | $41,900 |
| Philip a Liscia, CPA, PC | $40,974 |
| Bob Ozol Empress Aluminum Corporation | $36,750 |
| The Korporate Kleansers, Inc. | $33,200 |
| Merkenti Construction, Inc. | $33,125 |
| Ac Tyler Enterprises Payroll, Inc. | $31,157 |
| Joel Schechter | $30,000 |
| Andres IV, Inc. | $29,275 |
| Leisure Living Realty, Inc. | $28,695 |
| Beco Trucking Corporation | $26,355 |
| F E, Inc. | $25,500 |
| Ridge Petroleum, Inc. | $24,735 |
| Happy Color Nail & Spa, Inc. | $24,420 |
| Corporate Furniture Service, LLC | $24,327 |
| Iron Mike Construction & Design Corporation | $24,088 |
| C. J. Speizio Enterprises, Inc. | $21,715 |
| Gold Medal Media | $20,500 |
| Pase Fuel Corporation | $20,000 |
| Robert Koch | $18,800 |
| Peconic Speech Services, P.C. | $17,750 |
| Adobe Flowers, Inc. | $17,487 |
| Sake Contracting, Inc. | $17,126 |
| Ac & E Home Inspection Corporation | $16,250 |
| Home Sweet Home Inspections, Inc. | $16,235 |
| Solimar Brokerage Corporation | $16,200 |
| Loffredo Flooring | $15,516 |
| Foodnotes, Inc. | $15,500 |
| Happy Nails, Inc. | $15,340 |
| Pretty Nail & Hair Spa at Ridge, Inc. | $15,300 |
| Tong Wang Esq. | $14,970 |
| Joanne Giganti | $14,388 |
| Shale Energy, LLC | $13,000 |
| J Tillman Construction, Inc. | $12,500 |
| Dominic Buonanno, CPA | $12,247 |
| CCI Construction Consultants, Inc. | $12,000 |
| Muto Communications, LLC | $11,600 |
| Firelite Gas Fireplace Services | $11,139 |
| Joseph C. Calamita | $11,000 |
| Studio Six, LLC | $10,700 |
| Shannon Lagrasse | $10,472 |
| Resource Network Residential | $10,000 |
| Aguilars Exportacion | $9,691 |
| Bruce Stephan F., CPA | $8,900 |
| Jeffrey Saul | $8,400 |
| 1823 Middle Country Gas, LLC | $8,347 |
| Old Stone Restoration & Installation Corporation | $8,333 |
| Russell Carpino | $7,881 |
| Neal C Mahoney Electric Service, Inc. | $7,000 |
| Russell Kaplan | $6,900 |
| B&G Painting Corporation | $6,500 |
| Arthur J. Tappen | $6,210 |
| Theresa Carter, LLC | $6,200 |
| Terrance Seepersaud, Certified Registered Nurse Anesthetist | $5,765 |
| Island Computer Care, LLC | $5,702 |
| Weather Systems Home Improvements, Inc. | $5,600 |
| Total Media Group, Inc. | $5,100 |
| Eric Kaplan | $5,000 |
| Timothy Barrett | $4,900 |
| Glenn Shadbolt | $4,900 |
| Barlow Guitars | $4,860 |
| Gaming to Greatness, Inc. | $4,467 |
| Christine Robinson Pt Pc | $4,375 |
| Best Yet Collectables -Sba Small 7a Term, Inc. | $4,250 |
| Assembly Concepts, Inc. | $4,200 |
| Rkleen Li, LLC | $4,042 |
| Glaspert Group, Inc. | $3,750 |
| Sound Medical Equipment | $3,736 |
| Kerry Aprile Hanner LCSW, P.C. | $3,600 |
| Newline Design and Carpentry, Inc. | $3,136 |
| Electrical Service Inc., M.D. | $3,125 |
| Rosselli and Son's | $2,600 |
| Mariusz Chwedczuk | $2,455 |
| CCM Limousine, Inc. | $2,000 |
| Simons Treasure Hunt | $536 |
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