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 |
---|---|
American Society of Civil Engineers | $2,000,000 |
Adams Communication & Engineering Technology I | $2,000,000 |
Cybermedia Technologies, Inc. | $2,000,000 |
Ventera Corporation | $1,750,000 |
Intact Technology, Inc. | $1,717,221 |
Pantheon, Inc. | $1,427,231 |
Counter Threat Solutions, LLC | $1,264,560 |
Shelter House, Inc. | $1,172,260 |
Plus3 It Systems, LLC | $1,078,600 |
ARK Solutions, Inc. | $1,051,022 |
Davidson Education, LLC | $924,032 |
Rocs, Inc. | $916,090 |
Heart and Mind Strategies, LLC | $913,290 |
Esolutionsfirst, LLC | $906,827 |
National Council of Teachers of Mathemat | $896,670 |
Streetshares, Inc. | $841,205 |
Streetshares, Inc. | $841,205 |
Calnet, Inc. | $802,655 |
JTG, Inc. | $799,600 |
Alliance Structural Engineers, Inc. | $673,657 |
E Group the, Inc. | $650,152 |
The Noble Collection, Inc. | $603,625 |
Karthik Consulting, LLC | $582,670 |
Sic Consulting, LLC | $574,532 |
Veritiss, LLC | $568,360 |
Reston Childrens Center | $540,585 |
The Whitt Company of Virginia, LLC | $537,110 |
David ORR Associates, Inc. | $521,393 |
National Association for Music Education | $462,500 |
The M Group Design, Inc. | $451,439 |
Hinge Strategy, LLC | $440,594 |
Society of Health and Physical Educators | $423,500 |
Keating and Associates, Inc. | $412,732 |
Nova Enterprises, LLC | $394,415 |
JTB International, Inc. | $374,838 |
H2K Solutions Incorporated | $356,232 |
Protech Dental Studio, Inc. | $335,479 |
Falcon Logic, LLC | $333,073 |
Alliance Mep Engineers, Inc. | $323,096 |
Regulatory Economics Group, LLC | $318,100 |
Academy of Christian Education | $308,266 |
Neuroscience Consultants, PLC | $303,698 |
Distributive Education Clubs of America, Inc. | $300,000 |
My Psychiatrist, PLC | $288,135 |
Law Offices of Rakesh Mehrotra, Inc. | $285,690 |
Sunset Hills Montessori Children's House, Inc. | $278,500 |
Ridgewood Technology Partners, LLC | $263,587 |
Limouee Associates, Inc. | $255,004 |
U. S. Smoke & Fire Corporation | $251,694 |
Kaizen Systems, LLC | $250,503 |
C-Straight Media, LLC | $249,910 |
Muslim Education Resource Council, Inc. | $249,307 |
Family Career and Community Leaders of America, Inc. | $239,217 |
Interprose, Inc. | $232,987 |
Technology Student Association | $229,465 |
Ideaventions, LLC | $226,415 |
Government Business Results, LLC | $225,309 |
Gulick Group, Inc. | $218,999 |
Brick Industry Association | $218,245 |
Energy and Security Group, LLC | $206,820 |
Future Business Leaders of America PHI B | $202,444 |
J. G. W., Ltd. | $195,990 |
Robert E. Simon JR Children's Center, Inc. | $194,274 |
Simulyze, Inc. | $188,846 |
Natasha Walker | $187,515 |
Virginia Family & Cosmetic | $184,130 |
Nostos SS Contractors, LLC | $178,625 |
Worldvision Technologies | $168,000 |
Miller Beam & Paganelli, Inc. | $167,190 |
International Technology and Engineering Educators | $154,659 |
Synergy Consultants & Cpas | $149,000 |
Infostellar, Inc. | $147,233 |
Rock Creek Companies, LLC | $146,525 |
Reston Endoscopy Center, LLC | $145,833 |
Buonassissi Henning & Lash, P.C. | $144,022 |
Sonny Kim | $142,500 |
Reston Animal Hospital, PLLC | $141,000 |
Ea Dental, PLLC | $131,655 |
Mantis Networks, LLC | $131,415 |
Reston Family Dental Group, LLC | $129,857 |
Macgregor Property Management, LLC | $129,658 |
Bwing Reston, LLC | $126,081 |
JMSP, Inc. | $125,000 |
Axo Architects, P.C. | $122,565 |
Aramesh Darvishian PLLC D.D.S. | $117,500 |
Superior Auto Repair of Reston, Inc. | $114,087 |
Gastroenterology Center of Virginia | $111,855 |
Smile Wonders, PLLC | $111,352 |
Crisis1, LLC | $106,180 |
American Academy of Otolaryngic Allergy | $103,805 |
Professional Dermatology Care, PC | $100,600 |
Joseph D Madison Ltd., D.M.D. | $98,445 |
Grape Leaf Hospitality, LLC | $98,000 |
Players Group, Inc. | $97,001 |
True Solutions, LLC | $95,510 |
South Lakes Star, Inc. | $93,343 |
Higher Education Publications, Inc. | $87,200 |
Amy Ton PLLC D.D.S. | $84,900 |
Lalaith Astor Technical Consulting House | $84,183 |
Ridgetop Dental of Reston | $84,170 |