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 19153
| Name of Borrower | Current Approved Amount |
|---|---|
| Herman Goldner Company, Inc. | $6,688,075 |
| Bentley Truck Services, Inc. | $1,827,200 |
| Ryeco, LLC | $1,519,025 |
| Carusone Construction Incorporated | $1,488,600 |
| T. M. Kovacevich-Philadelphia, Inc. | $1,309,067 |
| P V Imports, Inc. | $1,137,146 |
| John Vena, Inc. | $1,039,400 |
| OTG Management PHL B, LLC | $1,035,000 |
| Jamison, LLC | $970,000 |
| Chapman Nissan, LLC | $761,399 |
| Family Dealerships | $688,152 |
| M. Levin and Company, Inc. | $606,032 |
| Today's Graphics, Inc. | $572,952 |
| Chapman Chevrolet, LLC | $561,525 |
| M&M Displays, Inc. | $539,500 |
| Chemson, Inc. | $531,700 |
| OTG Management PHL, LLC | $500,000 |
| Pinto Bros., Inc. | $482,344 |
| Nardella, Inc. | $470,695 |
| Metro Auto Sales, Inc. | $416,547 |
| Guava and Java PHL, Inc. | $407,571 |
| Pacifico Hyundai, Inc. | $382,607 |
| Pacifico Enterprises, Inc. | $328,342 |
| USA Environmental Management, Inc. | $309,349 |
| Coosemans Philadelphia, Inc. | $296,887 |
| ARF Rental Services, Inc. | $288,330 |
| Pacifico Airport Valet LP | $286,792 |
| Evantine Design, Inc. | $261,400 |
| Collotti & Sons, Inc. | $256,443 |
| Hospitality Staffing | $250,000 |
| Colonial Produce, Inc. | $248,537 |
| MG Transport, Inc. | $243,335 |
| E. W. Kean Company, Inc. | $240,504 |
| G & G Produce, Inc. | $234,970 |
| Oil Patch Corporation | $230,000 |
| Wilson Safe Company | $212,000 |
| Freddies Auto Parts, Inc. | $203,928 |
| A. Penza, Inc. | $202,980 |
| Philadelphia Pet Hotel and Villas, Inc. | $193,153 |
| North American Produce Company | $192,987 |
| SDA Car Rental, LLC | $188,696 |
| Philadelphia Animal Hospital, P.C. | $172,490 |
| B. R. S. Produce Company | $170,931 |
| Klinghoffer Brothers, Inc. | $160,800 |
| M. T. F. Food Distributors, Inc. | $148,805 |
| Oasis on Essington, LLC | $144,032 |
| Environmental Construction Services, Inc. | $134,050 |
| Nephrology Associates of Delaware Company, PC | $122,620 |
| Paul Giordano & Sons, Inc. | $111,950 |
| Olde Yankee, Inc. | $110,200 |
| PHL Airport Hospitality, Inc. | $108,200 |
| Pendergast Safety | $103,600 |
| Jacks Auto Glass, Inc. | $103,525 |
| Wick and Brother, Inc. | $101,605 |
| Two Lamberti Brothers, LLC | $100,000 |
| Mj Auto Sales And Parts | $84,838 |
| Mighty Hospitality Group, LLC | $83,892 |
| Kaleck Brothers, Inc. | $77,700 |
| Keystone PF Penrose, LLC | $70,882 |
| Philadelphia Towing and Transport | $63,800 |
| Frederick a Simeone Foundatin Inc., M.D. | $61,700 |
| Dakshaya, LLC | $61,412 |
| Essington Avenue Auto Parts, Inc. | $60,000 |
| Orbis Solutions, LLC | $59,673 |
| Gus 61, Inc. | $56,570 |
| Ajax Auto Parts, Inc. | $56,100 |
| Tom Curtis Produce Company, Inc. | $55,000 |
| Global Auto Tags and Services, LLC | $49,500 |
| Summer Food, Inc. | $48,470 |
| MVP Logistics, LLC | $48,333 |
| Orbis Technology Partners, Inc. | $45,126 |
| Jay Santoshi, Inc. | $45,038 |
| Penrose Wings, LLC | $45,028 |
| Steve Auto Parts II | $44,300 |
| Webco Construction, LLC | $40,100 |
| Kam Tareen PC, M.D. | $39,613 |
| Crosstown Distribution-Sba Small 7a Term | $37,767 |
| Cartel Discount, LLC | $36,010 |
| Fort Mifflin on the Delaware | $31,402 |
| Cartel Double Discount, LLC | $30,805 |
| Xhnguyen Enterprise, LLC | $30,020 |
| Trust-in Quality Care Service Coordination, LLC | $29,400 |
| Atlantic Used Auto Parts, Inc. | $29,300 |
| Mike Buck, Incorporated | $28,813 |
| Philadelphia Produce Credit Bureau | $28,680 |
| Filosadelfia, LLC | $28,097 |
| PR Hair Buzz, Inc. | $26,996 |
| Delaware Valley Towing, Inc. | $26,700 |
| HM Logistics, LLC | $26,532 |
| CMT Express, LLC | $25,000 |
| Eastwick United Methodist Church | $24,400 |
| Our Lady of Consolation Rectory | $24,349 |
| Diamond Pharmacy | $23,700 |
| Natures Produce, LLC | $23,596 |
| Smiles ART, Inc. | $22,075 |
| GSG Appraisal Management -Sba Small 7a Term, LLC | $21,522 |
| Family Tax & Financial Services, Inc. | $21,500 |
| Danna Jacobs | $20,833 |
| Wyatt Particle Therapy Group, Inc. | $20,800 |
| Dope Shows, LLC | $20,800 |
| Bulle Construction, LLC | $20,800 |
| Antoinette M. Gray | $19,992 |
| Mamas Luv Child Care, Inc. | $16,600 |
| NV Group, Inc. | $16,340 |
| Philly Pretzels, Inc. | $14,420 |
| JS Solutions Group, LLC | $13,500 |
| Essington Auto Center -Sba Small 7a Term, LLC | $12,790 |
| Afeworki Sebhatu, LLC | $11,803 |
| Wan Yuan Construction, Inc. | $11,250 |
| Spin PCS, Inc. | $11,215 |
| AP Groups -Sba Small 7a Term, LLC | $10,922 |
| Yummy Pretzels, Inc. | $10,700 |
| Tyrone Mayo | $10,417 |
| Zairaih Strickland | $10,260 |
| Lee Transportation, LLC | $9,500 |
| Brianna Downing | $9,197 |
| Cellich Fire Protection | $7,819 |
| Agam Trans, Inc. | $7,630 |
| Gourmay Diner Corporation | $7,500 |
| Xavi Auto, LLC | $7,499 |
| Erika Strickland ESQ | $7,400 |
| Hair Care Specialist Salon | $6,900 |
| Latasha Bailey | $6,840 |
| Nikishia Morgan | $5,877 |
| Rich's Auto Sales, Inc. | $5,681 |
| Chien Nguyen | $5,500 |
| Eyosiyase Eshete | $4,826 |
| Dunbar Strategic Conulting Gr | $4,534 |
| B&L Auto Parts, Inc. | $4,400 |
| Shree Pramukh, Inc. | $4,190 |
| Daily Philly Pretzel, LLC | $4,122 |
| John Kidane | $3,724 |
| Eshetu Asfaw | $2,822 |
| Tumzghi Gebremichael | $2,637 |
| Abu Saccoh | $2,626 |
| Oumar Maiga | $2,520 |
| Rwes Express Packages Rodney Wescott | $2,350 |
| Aman Driving School | $2,325 |
| Lindbergh, LLC | $2,300 |
| Yego Taxi Cab -Sba Small 7a Term, Inc. | $2,165 |
| Time for ME Nails & Spa, LLC | $2,075 |
| All Arnold's Transport, LLC | $1,683 |
| Jae Consulting, LLC | $1,607 |
| Cherrise Lett | $1,517 |
| Rasheed Saka | $1,253 |
| Joseph Robertson | $1,122 |
| Isaac Akanno | $930 |
| Cheryl Bryant | $800 |
| Mscroshay, LLC | $508 |
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