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 |
---|---|
Crosby-Brownlie, Inc. | $4,621,800 |
Planned Parenthood of Central and Western New York, Inc. | $2,631,200 |
Ibero-American Action League, Inc. | $1,881,700 |
Baden Street Settlement of Rochester, Inc. | $816,137 |
Germanow-Simon Corporation | $708,154 |
Catenary Construction Corporation | $666,600 |
Urban League of Rochester, NY, Inc. | $632,000 |
Finger Lakes Chemicals, Inc. | $598,505 |
Rochester Broadway Theatre League, Inc. | $511,488 |
Tel-Trustee, Inc. | $502,290 |
Ramar Steel Sales, Inc. | $497,857 |
The Community Place of Greater Rochester, Inc. | $403,600 |
G. W. Martin, Inc. | $399,400 |
Genesee Transportation, Inc. | $378,502 |
Rel Community, Inc. | $327,662 |
Panther Graphics | $256,153 |
Hazlow Electronics, Inc. | $249,820 |
Glass Fab, Inc. | $242,200 |
Mr Glassworks, LLC | $237,000 |
Ramar Steel Erectors, Inc. | $228,830 |
Rochester Steel Treating Works, Inc. | $228,400 |
Monsees Tool & Die, Inc. | $213,482 |
General Plating, LLC | $212,700 |
Certified Grinding & Machine, LLC | $200,500 |
Horace Jeter, Inc. | $196,353 |
Blue Door Management, Inc. | $192,800 |
Rochester Glass, Inc. | $192,100 |
Kolstad Associates, Inc. | $184,745 |
Ramar Stair & Railing, LLC | $175,225 |
Staach, Inc. | $162,400 |
Web Seal, Inc. | $156,305 |
Monroe County Broadcasting Company | $155,000 |
Rochester Store Fixture Company, Inc. | $148,005 |
Western New York Interiors, Corporation | $147,367 |
House of Mercy, Inc. | $133,412 |
Fee Brothers, Inc. | $125,460 |
Forward Enterprises, Inc. | $107,500 |
Harman Flooring Company, Inc. | $95,900 |
Alliance Collision, Inc. | $93,600 |
Roman Catholic Parish of St. Francis Xavier Cabrini | $91,402 |
Empire Fence Company, Inc. | $89,210 |
KTB Capital, LLC | $86,800 |
Advanced Machine, Inc. | $84,500 |
Clean-Rite Floor Care Services, LLC | $77,100 |
Midtown Veterinary Care Services, PLLC | $74,803 |
Kostad & Fiess, LLC | $71,500 |
R. V. Dow Enterprises, Inc. | $70,300 |
Ty Electric Corporation | $68,075 |
Rochester Community TV, Inc. | $66,138 |
Oregon-Leopold Day Care Center Association, Inc. | $65,489 |
Viewsport International, Inc. | $59,812 |
Sams Auto Repair | $58,100 |
Tilt Entertainment Corporation | $56,645 |
Corbett-Steeves Pattern Works, Inc. | $54,800 |
Innovations Electro-Mechanical Services | $51,300 |
Tele-Lite, Inc. | $50,500 |
John and Sons Collision, Inc. | $49,745 |
R-Pizzeria, Inc. | $49,200 |
Richard W. Mcgrath, CPA, P.C. | $46,900 |
N & W Associates, Inc. | $46,250 |
JFG Technologies, LLC | $43,095 |
BSV Metal Finishers, Inc. | $41,735 |
Zona Properties, Inc. | $41,200 |
First Genesis Baptist Church, Inc. | $40,297 |
Antioch Missionary Baptist Church | $38,600 |
Imparts Online, Ltd. | $34,020 |
Great Ocean Seafood | $33,900 |
A Magical Journey Thru Stages, Inc. | $31,485 |
Industrial Electrical Surplus | $30,000 |
Eastwest Energy Corporation | $29,213 |
Facility 4, Inc. | $28,022 |
Og Property Management NY, Inc. | $27,100 |
Isaiah House, Inc. | $25,455 |
Blackfriars of Rochester NY, Inc. | $22,500 |
American Speciatly Manufacturing Company, Inc. | $21,900 |
Designworx Architects, PLLC | $21,605 |
New Bethel Christian Methodist Episcopal Church | $21,100 |
Main Castle Entertainment, LLC | $20,900 |
Lounge 269, LLC | $20,800 |
Ominira Events | $20,541 |
Siedah Nelson | $20,277 |
Straight Edge Construction Group, LLC | $19,900 |
Madison & Dunn Incorporated | $19,479 |
MT. Vernon Baptist Church | $18,665 |
Carol Cieslinski | $18,500 |
Peter L Morse | $18,322 |
Redwan Enterprises, Inc. | $17,500 |
DL Home & Garden, LLC | $17,500 |
Anthony A. Martin | $16,200 |
Auditorium Center, Inc. | $15,332 |
Brannon Fowler | $15,000 |
Jammal Coleman | $15,000 |
Goodman Janitorial Supply, Inc. | $13,989 |
Leadership Rochester, Inc. | $13,600 |
Big Save Market, Inc. | $12,284 |
St. Michael's Woodshop, Inc. | $11,530 |
Little Angel Steps Day Care, Inc. | $10,282 |
Great Lakes CNC, Inc. | $9,972 |
Laurie Curran | $9,872 |
Jag Services, Inc. | $9,800 |