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 19362
Name of Borrower | Current Approved Amount |
---|---|
S and P Conveyors, Inc. | $611,100 |
G&G Mushroom Farms, Inc. | $443,621 |
Pine View Enterprises, Inc. | $422,772 |
HDH Mushrooms | $215,600 |
Petros Custom Concrete, Inc. | $199,400 |
The Growing Place Childcare & Preschool, LLC | $196,650 |
Bob Dolinger Hauling, Inc. | $168,661 |
DPMS, Inc. | $148,300 |
Penn Delmar Power | $145,000 |
Econ, LLC | $144,200 |
Dubarry USA, LLC | $139,001 |
The Cor Project, LLC | $130,390 |
Perez Mushrooms, LLC | $122,900 |
Mason's Chrome View, Ltd. | $100,485 |
Howell's Lawn & Landscape, LLC | $88,789 |
Compass Key, LLC | $71,250 |
JS Kauffman Builders | $69,400 |
Equine Services, Inc. | $67,000 |
TLC Animal Nutrition, Inc. | $64,700 |
V & A Mushrooms | $60,000 |
James Moore Painting, Inc. | $53,422 |
CCI Services, LLC | $41,600 |
Good Hope Hardwoods, LLC | $30,958 |
Defrank Automotive | $24,922 |
Furniture from the Barn | $24,842 |
C and E Farm | $22,800 |
Leila Diner, Inc. | $22,205 |
C Square Farm | $20,722 |
Rapid Railcar | $18,800 |
Nottingham Presbyterian Church | $18,200 |
Silo Works | $16,966 |
Altersgait, LLC | $16,239 |
Dawson's Chimney Sweeps, Inc. | $14,940 |
Daddy Daughter Company, LLC | $12,000 |
Smith Mechanical Solutions | $11,900 |
Cedar Creek Roofing & Siding, Inc. | $11,665 |
Michellemendenhall | $11,213 |
MJG Services, Inc. | $8,718 |
Nottingham Hair and Studio, LLC | $8,370 |
Davis Hauling, Inc. | $7,500 |
Alexander Trucking, LLC | $6,503 |
Board Transport, Inc. | $6,250 |
Wayvine Estate, LLC | $5,000 |
GPA Mobilization Ministries | $4,563 |
Keith J. Wells | $2,493 |
James E Wells & Sons | $2,425 |
Fabrizio Plumbing, LLC | $2,095 |
Union United Methodist Church | $1,583 |