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 11709
| Name of Borrower | Current Approved Amount |
|---|---|
| UCP Bayville Incorporated | $1,214,300 |
| 333 Bayville Ave Restaurant Corporation | $605,000 |
| Chatrick Supermarkets, Inc. | $332,400 |
| Premier Imaging, LLC | $277,508 |
| Safe & Sound Armed Courier Services, Inc. | $274,000 |
| Connecticut Watch, LLC | $259,900 |
| Michael Aiello Construction, Inc. | $234,400 |
| Rosewood on the Sound, LLC | $188,325 |
| Philip P. Andriola | $161,298 |
| Personnel, Inc. | $156,900 |
| Randolph Borden Management, Inc. | $138,253 |
| Bayville Adventures, Inc. | $138,252 |
| Water Front Hospitality Management, Inc. | $138,252 |
| Bay Recreation, Inc. | $138,252 |
| Soundview Catering Corporation | $131,562 |
| JSRC Corporation | $104,785 |
| Lippman, Valicenti, Lippman, LLP, D.D.S. | $92,189 |
| St. Gertrude Roman Catholic Church | $80,000 |
| D C Crane Service, Inc. | $71,670 |
| TRI County Plumbing & Heating Installation | $70,000 |
| Renato Grella Contracting, Inc. | $60,500 |
| Twin Harbors Restaurant Corporation | $51,983 |
| Moreano Plastic Surgery, P.C. | $49,025 |
| Superior Tile Stone & Wood Incorporated | $47,585 |
| Baville Chemists, Inc. | $45,465 |
| RV Bridge Marina, Inc. | $39,550 |
| RFJ Deli II | $34,410 |
| Bayville Animal Clinic, P.C. | $32,182 |
| Safety First Armored Courier, Ltd. | $31,190 |
| Rocco T Ranaldo JR, Inc. | $30,950 |
| Pilgrim Promotions, Ltd. | $30,444 |
| Neighborhood Hardware Corporation | $29,640 |
| Superior Staging, Inc. | $27,600 |
| The Village Church of Bayville | $26,785 |
| Bridge Marine Sales & Tackle, Inc. | $25,515 |
| Tim Williams Photography, Inc. | $25,000 |
| Craig Dooley, Inc. | $24,000 |
| B Mangreen Development, LLC | $23,800 |
| Jimmy Webb | $23,035 |
| RV Snack Bar, Inc. | $22,555 |
| Consumer Options, Inc. | $22,375 |
| TNT Cleaners Corporation | $21,500 |
| Rygrove, Inc. | $21,385 |
| Doreit S. Bialer, MA, OTR/L, P.C. | $20,833 |
| Nicholas Tsikitas | $20,833 |
| The Right Time Consultants, LLC | $20,833 |
| Mountainview Management & Consulting, LLC | $20,832 |
| Steeplechase Legal Funding, LLC | $20,800 |
| Elizabeth Lopez | $19,916 |
| Hotine Bros, Inc. | $18,875 |
| John T. Maiorana/ All Comfort Service | $18,315 |
| Mariam Naraine | $18,100 |
| 23 Ludlam Fuel, Inc. | $17,757 |
| Cec ART Solutions, LLC | $17,735 |
| Mancos Foods, Inc. | $17,501 |
| James G Ryan PC, M.D. | $16,821 |
| J. G. Plumbing & Heating Corporation | $16,315 |
| Aqua Spa, Inc. | $16,300 |
| Ludlam Avenue Seafood, Inc. | $16,000 |
| Annita Meats, Inc. | $16,000 |
| Blue Chip Home Improvement, LLC | $15,625 |
| Billy's World of Floor Covering, LLC | $14,580 |
| John F Kelly 111 | $13,833 |
| NY Firefighters Burn | $12,687 |
| Untamed Hair | $11,999 |
| Stim Pro, LLP | $11,975 |
| North Shore Variable Printing, Inc. | $11,375 |
| Solar Service and Installations | $11,075 |
| Optimum Med Equipment Supply, LLC | $10,711 |
| Moller Property Management Corporation | $10,360 |
| Chen's Kitchen 8, Inc. | $10,309 |
| B & W Plumbing Wholesale, Inc. | $10,000 |
| Brandable Marketing, Inc. | $9,700 |
| Jack J. Harmantas Carpentry | $8,960 |
| Amy R Herling | $8,250 |
| Francine Creedon | $7,115 |
| Mccarty Marketing -Sba Small 7a Term, Inc. | $6,750 |
| Kilian Energy Consulting, Inc. | $6,444 |
| Helios Construction, Inc. | $6,433 |
| Campagnola Plumbing and Heating Sol, LLC | $6,346 |
| Forza Equities, LLC | $6,250 |
| Pat Simone Fine Carpentry, Inc. | $6,000 |
| ONB Realty, LLC | $5,417 |
| Lorraine Tini | $4,621 |
| Peter Steffann | $4,400 |
| Bay Beauty | $3,087 |
| Catherine Serpico Otrl | $3,062 |
| Martys Party of Bayville, Inc. | $2,740 |
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