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.
Top 100 largest PPP loans in 2020 in ZIP Code 19124
| Name of Borrower | Current Approved Amount |
|---|---|
| Frontida Biopharm, Inc. | $3,325,331 |
| Amuneal Manufacturing Corporation | $2,425,200 |
| Pinnacle Physicians Group, P.C | $1,985,425 |
| Julius Silvert, Inc. | $1,268,600 |
| Arway Apron and Uniform Rentalsand Arway Real Estate J, Inc. | $1,207,700 |
| Boathouse Row Sports, Ltd. | $1,195,065 |
| BDDW Studio, LLC | $1,008,890 |
| Northeast Donut Shops Management Corporation | $988,900 |
| HMC Enterprises, LLC | $976,000 |
| Haydon Bolts, Inc. | $892,700 |
| Ehmke Manufacturing Company, Inc. | $862,700 |
| United Food Systems, Inc. | $781,200 |
| BB and CC, Inc. | $748,900 |
| Garfield Refining, LLC | $714,200 |
| Open ARMS Home Care | $684,959 |
| American Cable Company | $634,941 |
| Good Foodie, LLC | $594,200 |
| Bachmann Industries, Inc. | $593,907 |
| Allegheny Iron & Metal Company, Inc. | $589,100 |
| Golden Health Services, Inc. | $547,500 |
| World Wide Fabricating, Ltd. | $493,387 |
| Family Alliance Home Care | $435,592 |
| Barsky-Fleming Marketing, Inc. | $430,400 |
| Mossi Construction, Inc. | $421,057 |
| Tri-State Waste & Recycling, Inc. | $368,900 |
| A F & G Company, Inc. | $346,500 |
| Concilio DE Organizaciones Hispanas DE Filahelfia, Inc. | $315,000 |
| United Food Venture, Inc. | $312,400 |
| Beletz Bros Glass Company, Inc. | $309,900 |
| Holy Innocents Parish | $306,867 |
| United Food Venture II, Inc. | $299,500 |
| Northeast Donut Shops CML, LLC | $294,000 |
| X-Cell Communications Sukkar & Sons, Inc. | $271,410 |
| Your Best Choice Construction | $266,537 |
| Complete Physicians Services Limited | $264,600 |
| Best Behavioral Healthcare, Inc. | $262,500 |
| Integrative Behavioral Homecare | $252,400 |
| Nuts to YOU, Inc. | $248,339 |
| Custom Company-Pak, LLC | $241,600 |
| Falcon Express, Inc. | $238,504 |
| S. H. Quint Sons Company, Inc. | $230,900 |
| Columbus Food Services, LLC | $222,400 |
| A a a Welding Service, Inc. | $202,851 |
| Graham Builders and Construction Company | $200,000 |
| The Construction Group, LLC | $200,000 |
| Belfi Bros. & Company, Inc. | $198,405 |
| Metropolitan Nephrology Association, PC | $197,900 |
| Woodcraft Products | $194,300 |
| Diamond Huntbach Construction Corporation | $182,800 |
| East Coast Innovators, LLC | $173,100 |
| MPC Industries | $172,400 |
| Philly Auto, Inc. | $168,000 |
| Frankie D Plumbing and Heating, Inc. | $166,000 |
| Specialty Steel Services, Inc. | $158,800 |
| Cabstone INK Company, LLC | $153,700 |
| Isaac's Moving & Storage, Inc. | $153,002 |
| SMC Enterprises, Inc. | $148,555 |
| Grace-Trinity United Church of Christ | $147,300 |
| PA Auto Insurance Outlet Corporation | $146,140 |
| BDDW Design, LLC | $144,380 |
| Active Auto Sales, Inc. | $144,124 |
| Hong's Enterprises, Inc. | $142,300 |
| Ambulance Express, Inc. | $140,700 |
| Northeast Buffet, Inc. | $138,245 |
| Pappajohn Woodworking, Inc. | $128,800 |
| Vista Secured Concepts | $124,380 |
| Mas Wholesale Holdings | $124,250 |
| Advanced Disposal Solutions, Inc. | $124,100 |
| Stainless Steel Services, Inc. | $122,500 |
| Brantz and Liedman Associates, P C | $121,400 |
| Romano's, Inc. | $120,863 |
| Rebuilding Together Philadelphia | $119,600 |
| K & T Wholesale, Inc. | $119,525 |
| Birchtree Catering, LLC | $119,495 |
| Nanas Daycare Frankford, LLC | $119,000 |
| C & C Carwash, Inc. | $118,150 |
| Education London Distributors, LLC | $115,100 |
| Best Buy Furniture Castor, Inc. | $114,329 |
| R&R Mechanical Services, Inc. | $114,000 |
| Das, Inc. | $113,800 |
| Joy of Living Recovery Program, Inc. | $111,608 |
| Medical Psychiatric Associates of Delaware Valley, LLP | $109,305 |
| Meridian Home Care, LLC | $106,392 |
| Rider's Lumber & Home Center, Inc. | $104,687 |
| Grace Kids Academy | $100,800 |
| F. A. S. T. Service, Inc. | $100,475 |
| Pratt Street Learning Center | $100,000 |
| Afca Company, Inc. | $99,220 |
| Weckerly's Kitchen, LLC | $98,000 |
| Signarama | $95,000 |
| 4200 Roosevelt, LLC | $93,900 |
| Civil Services International Corporation | $93,400 |
| Rodriguez Funeral Home, Inc. | $89,800 |
| Alondra, Inc. | $89,311 |
| Luxury Brokers International | $86,721 |
| GM Karr, Inc. | $86,000 |
| Mamed Logistic, LLC | $85,000 |
| Acme Heat Treating Company | $79,900 |
| Erie Nail Salon, LLC | $77,500 |
| Succeed Trucking Corporation | $77,250 |
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