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 |
---|---|
Peak Management | $1,774,100 |
Southwest Hazard Control, Inc. | $1,358,513 |
Mirage Plastering, Inc. | $1,182,750 |
Nation Wide Group, LLC | $994,560 |
Call & Nicholas, Inc. | $840,000 |
Switchgear Solutions, Inc. | $813,912 |
Joelcorp, Inc. | $778,645 |
Southern Arizona Graphics Associates, Inc. | $741,900 |
Arizona Assayers, Inc. | $721,212 |
United Way of Tucson and Southern Arizona, Inc. | $661,300 |
Okay to Print, LLC | $585,212 |
Hanlon Engineering & Associates, Inc. | $496,300 |
T3 Engineered Products, Inc. | $484,434 |
Solon Corporation | $470,812 |
Pensar Otra Vez, Inc. | $459,600 |
Southwest Holding Company, LLC | $453,388 |
Tucson International Academy, Inc. | $446,500 |
National Carpet, Inc. | $414,100 |
F & F Electric, Inc. | $409,787 |
Sunmex, LLC | $393,600 |
Desert Metal Works, Inc. | $384,200 |
Tucson Recycling & Waste Services, LLC | $370,835 |
Safari Club International Foundation | $324,467 |
Spectral Instruments, Inc. | $308,355 |
Wiseguys Custom Home Theater, LLC | $268,541 |
Fresh Start Group, LLC | $265,000 |
Southwest Utility Management, Inc. | $248,863 |
Remote Solutions, LLC | $239,727 |
Bakehouse Bread Company, LLC | $235,654 |
Tucson-Xcel, Inc. | $229,625 |
Tucson Tamale Wholesale Company, LLC | $227,242 |
Auto-Matic Auto Carriers, LLC | $226,175 |
National Railroad Constructors, Inc. | $219,605 |
Lecroy & Milligan Associates, Inc. | $213,017 |
Ac North Tucson, LLC | $206,717 |
Tucson West Hotel Associates, LLC | $193,628 |
Hart Scientific Consulting International, LLC | $185,000 |
Preferred Concrete Pumping, Inc. | $182,895 |
Freefall Aerospace, Inc. | $181,209 |
Dragoon Brewing Company, LLC | $180,705 |
Tucson Transport, Inc. | $176,772 |
Seis Kitchen and Catering, LLC | $175,000 |
Precision Machining Sheet Metal, Inc. | $169,772 |
Ram Plumbing, Inc. | $160,800 |
Kuumba Made | $157,808 |
Central Pet Tucson, LLC | $157,200 |
Ywca of Southern Arizona | $152,700 |
Rusty's Putney's, LLC | $152,485 |
Disaster Restoration Innovation, LLC | $150,000 |
TK Armor Systems, LLC | $146,930 |
The Maid Connection, Inc. | $144,246 |
Turner Laboratories, Inc. | $140,705 |
Maya Tea Company, LLC | $134,275 |
Daisy Mae's Steakhouse, Inc. | $133,332 |
Astrodyne International, Inc. | $131,000 |
MMP Grant, Inc. | $128,000 |
Integrilogic Corporation | $127,100 |
Reliant Well Drilling and Pump Corporation, Inc. | $126,628 |
Tucson Tire Center, Inc. | $125,575 |
Behavioral Awareness Center, Inc. | $123,712 |
Style 7 Salon | $119,400 |
Verdad Group, LLC | $119,060 |
Bronlyn Technologies, Inc. | $115,300 |
Av Specialists, LLC | $114,545 |
Bianchis Pizza, LLC | $109,800 |
Lunt Solar Systems, LLC | $108,808 |
ATW Aviation, Inc. | $107,100 |
Slice & Ice, LLC | $104,774 |
Cis Hotel, LLC | $103,700 |
Spectral Instruments Imaging, LLC | $103,677 |
Om Shiva, Inc. | $103,000 |
Arizona Physical Therapy, PC | $100,324 |
Sunset Roofing, LLC | $100,000 |
Babco International, Inc. | $96,700 |
Mariscos Chihuahua | $94,865 |
Specialty Communication Services, LLC | $92,272 |
Palo Verde Electric, Inc. | $92,170 |
Mooradian & Associates | $83,861 |
Eclipse Clinical Research | $83,600 |
Jai Kuber Ventures, LLC | $81,900 |
Blue Coyote Painting, LLC | $81,367 |
DMG Cas, Inc. | $80,937 |
Iamheart, Inc. | $80,700 |
Saaszur, Inc. | $79,000 |
Kozolchyk National Law Center | $78,750 |
Mcclain Innovations, Incorporated | $77,800 |
Hamilton Distillers Group, Incorporated | $77,300 |
Bimu Group, LLC | $74,327 |
JNR Networks, LLC | $71,285 |
On Any Moto, LLC | $69,592 |
Envirosystems Manufacturing, LLC | $69,100 |
Creating Legacy Enterprises, Inc. | $68,582 |
Premkhatri | $65,600 |
Mesa Verde Medical Group, PC | $65,127 |
Pima Pathologists, P C | $64,578 |
Antlers Down, Inc. | $63,600 |
Advisor Consulting Services, LLC | $62,900 |
Arizona Bug Doctor | $61,087 |
Jlpeters Cafe, LLC | $60,610 |
Hand N Hand Designs, LLC | $60,000 |