The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Name of Borrower | Current Approved Amount |
---|---|
Mckenna Motors Torrance, Inc. | $2,313,500 |
Thermal Operating Company, LLC | $971,000 |
Uag Southbay, LLC | $943,100 |
E D I Express, Inc. | $927,600 |
The Visionary Group, LLC | $832,700 |
GKY Dental ARTS, Inc. | $773,200 |
Mcguire Builders, Inc. | $762,900 |
Withee Malcolm Architects, LLP | $636,250 |
Vie Logistics, Incorporated | $590,700 |
Tower Energy Group | $588,600 |
Breen Engineering, Inc. | $537,739 |
American Gardens, Inc. | $520,000 |
Titan Legal Services, Inc. | $446,788 |
Heritage Produce Distributing, Inc. | $395,855 |
St. Catherine Laboure School | $372,285 |
Intelisyn, Inc. | $359,010 |
Pioneer Theatres, Inc. | $324,000 |
Misaine Trade, Inc. | $295,223 |
Clear, Inc. | $272,100 |
North Torrance Pre-School and Kindergart | $265,430 |
Toro Nursery, Inc. | $248,845 |
JRC Property Management, Inc. | $232,708 |
Kim & Lee, LLP | $231,700 |
Envision Home Health Services, Inc. | $228,960 |
Instant Infosystems | $220,000 |
HI-Hopes, Inc. | $200,300 |
Yamaya USA, Inc. | $197,000 |
MJ Resource Management, Inc. | $195,900 |
Makinex USA, LLC | $190,300 |
Keysource Foods, LLC | $175,500 |
DCA Civil Engineering Group | $163,148 |
Purified Enterprises | $156,250 |
Movassaghi Dental Group, Inc. | $154,050 |
Apartment Service Management Company, in | $151,796 |
A B C Playhouse, Inc. | $151,000 |
Leticia Arias | $148,790 |
Andrade & Associates Income Tax Service, Inc. | $143,430 |
Good Liberty Tax Services | $142,747 |
Vaporous Technologies | $141,460 |
Beach Animal Rehabilitation, Inc. | $139,192 |
Nippon Trans Pacific Corporation | $137,900 |
Lov Gettogether, Inc. | $137,500 |
Jeffrey I Berger Inc., D.M.D. | $135,831 |
George Corbei, Inc. | $135,115 |
Keiji Koyabu | $134,500 |
America Tour System, Inc. | $128,810 |
Kobata Growers, Inc. | $126,271 |
Ray L. Craemer Inc., M.D. | $125,474 |
Arias General Construction, Inc. | $125,000 |
Teshima Accountancy Corporation | $123,700 |
Banner Carpets | $122,795 |
New Horizons Stone & Tile Group, Inc. | $120,458 |
New Life House, Inc. | $118,900 |
Piel, Inc. | $112,500 |
Ascension Lutheran Church of Torrance CA | $109,795 |
Nature Medic, LLC | $108,000 |
Yamasaki & Company, Inc. | $107,132 |
Cloudscape, Inc. | $106,205 |
I Tour Service of America | $94,952 |
St. Catherine Laboure Catholic Church | $93,855 |
South Bay Certified Collision Repair Center, LLC | $92,979 |
Robertmondavidds;, Inc. | $90,400 |
S Planner USA, Inc. | $90,225 |
Hong Goo AHN, M.D. | $89,626 |
Agent America, Inc. | $89,612 |
South Bay Church of God | $88,437 |
Panobulk Logistics, Inc. | $88,000 |
ILD, Inc. | $87,600 |
Westnet Security, Inc. | $85,621 |
Chad Shimazaki | $85,000 |
Nicolas Lingad Quizon and Amelia Lopez-Quizon, D.D.S., Inc., D.D.S. | $77,380 |
Luxtech Service, Inc. | $70,265 |
Rosemarymint, Inc. | $70,177 |
A&J Towing, LLC | $70,132 |
Faith United Methodist Church of Torranc | $67,317 |
Tamiko, LLC | $64,652 |
Systemsmith, Inc. | $64,300 |
Marshall Y. Lyou Inc., D.D.S. | $64,225 |
Nextgen Builders, Inc. | $63,903 |
Phill, Inc. | $63,700 |
The Cosmo Studio | $63,223 |
B. Yousefi Inc., D.D.S. | $63,125 |
Lighting Zone, Inc. | $63,000 |
Bell Electronics | $62,900 |
All Service Providers | $62,500 |
South Bay Circle of Friends, Inc. | $60,800 |
Mileski Holdings, Inc. | $60,300 |
Networker Services, Inc. | $58,259 |
Quantum Chromodynamics, Inc. | $57,767 |
Synapse, Inc. | $57,500 |
Burger City Grill 3, Inc. | $56,670 |
Gavin Flooring Installations, LLC | $55,997 |
Prime Options Care, Inc. | $55,800 |
Formosa Container Line, Inc. | $55,475 |
Weekly Lalala, LLC | $55,325 |
Eye Connect, Inc. | $55,000 |
Jonmar M. Soliman Galang And Alice Yoshishige Galang Jr. | $54,700 |
HCT, LLC | $54,070 |
Poly-Technician Environmental, Inc. | $53,812 |
Enrique Borja Insurance & Fin SRVS, Inc. | $52,733 |