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 14085
Name of Borrower | Current Approved Amount |
---|---|
Southtowns Catholic School | $174,600 |
Enhanced Lighting, Inc. | $137,420 |
Robert Felix Cole | $114,900 |
Golden Hire, Inc. | $100,300 |
MCW Brewing, LLC | $94,025 |
Saint John Paul II Parish | $81,400 |
Great Lakes Car-O-Liner, Inc. | $77,910 |
Lakeview Children's World, Inc. | $72,500 |
Jp's Pub, Inc. | $63,366 |
Land-on Enterprises, Inc. | $58,227 |
Southtown Christian Center, Inc. | $56,900 |
Lake View Lawns, Inc. | $48,368 |
Lakeview Heating & Cooling, Inc. | $38,580 |
Derby Ten Minute Oil Change in | $27,600 |
Longboards at the Beach, LLC | $24,000 |
M. Gonser Masonry, LLC | $23,700 |
Ct-Tool | $20,833 |
JDR Administrative Services, LLC | $20,832 |
Katelyn A. Larusch | $20,832 |
Yerko, LLC | $20,800 |
WNY Inspection Services, Inc. | $20,700 |
Lisa C. Graesser | $20,500 |
Eagle Forest Products, Inc. | $20,000 |
Discovery Schoolhouse, LLC | $17,400 |
Arthur Masonry | $16,941 |
Scott Davis | $16,597 |
Key Property Consulting, Inc. | $15,933 |
Bluhm Restoration and Construction, Inc. | $15,000 |
James Eiseman | $14,170 |
Michael Mancuso | $12,500 |
Keith Bednarz Home Improvement, Inc. | $9,000 |
Hurley Holdings, LLC | $6,900 |
Boys on the Right Track, Inc. | $6,175 |
Whitmer Accounting & Tax, LLC | $5,500 |
Focus on YOU Consultants, Inc. | $5,200 |
Kenneth T. Roth | $5,200 |
Windsor Enterprise Group, Inc. | $4,465 |
KJ Tomlinson, LLC | $4,100 |
Ana Brignoni, LLC | $3,900 |
Carter Pools and Coatings, LLC | $3,371 |
Hewson Corporation | $2,888 |
Marc C. Arena | $2,300 |
Juliet Meade | $500 |