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 11977
Name of Borrower | Current Approved Amount |
---|---|
Hampton NH Operating, LLC | $3,108,500 |
Hampton Hills Operating Corp. | $450,000 |
Westhampton Senior Living, Inc. | $421,800 |
Peat & Son, Corporation | $384,682 |
Raynor Country Day School | $227,300 |
First Coastal Construction Corporation | $173,600 |
Lavender Landscaping, Inc. | $139,077 |
Rubio Premier Motors, Inc. | $139,000 |
Juli's Storybook Nursery, Inc. | $126,800 |
Fluid Imagery, Inc. | $113,006 |
BKG Masonry, Inc. | $110,017 |
Jack Heller, P. C., DVM | $108,600 |
Sheehan Landscaping, Inc. | $100,700 |
Westhampton Food Store-Sba Small 7a Term, Inc. | $90,785 |
Landscape Solutions, Inc. | $84,057 |
Ice Lady, Ltd. | $80,365 |
LSM Development Corporation | $75,000 |
William G. Hentschel Agency, Inc. | $70,900 |
Patriot Contracting Corporation | $69,300 |
Frederic C. Foster, PC | $65,600 |
Accurhett Carpentry, Inc. | $54,000 |
Sea Level General Contracting, Inc. | $49,907 |
Suffolk Computer Consultants, Inc. | $48,530 |
JRA Build Corporation | $48,500 |
Orloff Eye Group, Inc. | $47,900 |
Michael Stachnik Enterprises, Inc. | $47,890 |
Remodel Showroom, Inc. | $41,482 |
Matt Murphy Event Lighting, Inc. | $39,948 |
Barths of Jamesport, Inc. | $39,200 |
Patricia Vance | $38,982 |
Mastromac, LLC | $37,500 |
Interiors Consultants, LLC | $34,065 |
Hamptons Landscaping Services, Inc. | $33,400 |
Rignola Cesspool Service, Inc. | $32,585 |
Eric Christensen PC, D.D.S. | $32,250 |
Casa Basso, Inc. | $30,495 |
BKG Tile, Inc. | $30,010 |
Ajuxt Media Group, LLC | $30,000 |
JDS Plumbing & Heating, Inc. | $29,000 |
Custom Woodfitters, Inc. | $28,200 |
Ev and Aj -Sba Small 7a Term, LLC | $26,000 |
BKG Pools, Inc. | $25,430 |
Metro Logistics, Inc. | $23,712 |
Westhampton United Methodist Church | $21,800 |
Maria Cunneen | $20,833 |
Richard Koenig, M.D. | $20,833 |
Abigail Holmes | $20,800 |
Bryan Gordon | $20,800 |
TSD Holdingd, Inc. | $20,400 |
Continental Enterprises, Inc. | $19,685 |
Dream Windows and Interiors, LLC | $19,000 |
Original Everclear Pools -Sba Small 7a Term, Inc. | $17,963 |
Carefree Capital Company | $17,817 |
All Hamptons Painting, Inc. | $16,917 |
Allison Galasso | $16,780 |
Long Island Fundraising Solutions | $15,675 |
Good Ground Electric, Inc. | $15,535 |
Christopher Yoshida | $15,375 |
Shambhu -Sba Small 7a Term, Ltd. | $15,000 |
Salvatore Marotta | $14,885 |
Sundance Pool and Spa, Corporation | $14,730 |
Roberta Gelberg | $13,900 |
H. R. Culver Plumbing Company, Inc. | $13,500 |
Backyard Beautiful -Sba Small 7a Term, Inc. | $13,045 |
MMB Construction, Inc. | $13,000 |
Fader Monkey, Inc. | $12,400 |
Southeast Refrigeration, Inc. | $11,597 |
Twilight Landscaping & Design, Inc. | $11,400 |
Lms Design | $11,000 |
Island Respiratory Therapist Carep. C | $9,605 |
Long Island Landscaping Supplies in | $8,750 |
Churchill Services, Inc. | $8,500 |
Cathy Lafrese | $8,132 |
Westhampton Seabreeze Motel, Inc. | $7,691 |
Henry Taboada Painting & Decorating -Sba Small 7a Term, Inc. | $6,840 |
Smythe Country Store, Inc. | $6,807 |
Sean Jaromy | $5,787 |
Organize My Life, Inc. | $5,750 |
Duzel for Corporation | $5,000 |
Classical Botanicals | $4,515 |
Hanley Marketing Solutions | $4,422 |
Mariana Montesdeoca Design, LLC | $4,372 |
Cindy Massey, CPA | $3,530 |
Mike's Refinishing & Restoration Services, Inc. | $3,165 |
Mike Czaplick & Sons | $3,097 |
Ann Marie Liguori Productions, Inc. | $1,042 |