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 10118
| Name of Borrower | Current Approved Amount |
|---|---|
| Aka Enterprise Solutions, Inc. | $2,722,700 |
| Revman International, Inc. | $2,489,100 |
| Vanguard Construction and Development Company, Inc. | $1,818,000 |
| Acronym Media, Inc. | $1,522,034 |
| Funaro & Company, P.C. | $1,229,700 |
| Essex Manufacturing, Inc. | $918,600 |
| Unipharm, Inc. | $910,094 |
| Kaplan Hecker & Fink, LLP | $893,756 |
| Strawberryfrog, LLC | $794,625 |
| Goldin Associates, LLC | $686,400 |
| Clifton Budd Demaria, LLP | $600,982 |
| Kaltex America, Inc. | $479,000 |
| World Monuments Fund, Inc. | $451,270 |
| Axiom Capital Management, Inc. | $422,106 |
| Edpa USA, Inc. | $416,397 |
| Cai Foods, Inc. | $404,237 |
| Ameripharma Holdings, Inc. | $397,710 |
| Human Rights Foundation | $349,449 |
| Daxor Corporation | $290,102 |
| Lester Bleckner & Shaw, LLP | $274,209 |
| Alac International, Inc. | $273,400 |
| Alpha Square Group S, LLC | $269,700 |
| Rd Holdings NY, LLC | $244,322 |
| Goldfarb Abrandt & Salzman, LLP | $234,300 |
| Aldad and Sons Realty, Inc. | $220,700 |
| Moses Ziegelman Richards & Notaro, LLP | $212,670 |
| Flagship Icon, Inc. | $203,088 |
| Kudman Trachten Aloe, LLP | $175,000 |
| Herno USA, Inc. | $169,400 |
| Fine Sheer Industries, Inc. | $165,292 |
| Radulescu, LLP | $163,961 |
| Jonathan C. Reiter Law Firm, PLLC | $153,677 |
| Peter Lampack Agency, Inc. | $152,500 |
| Allen C. Schneider & Company, LLP | $148,542 |
| Tag Financial Institutions Group, LLC | $133,176 |
| Vbac, LLC | $129,660 |
| Riri USA, Inc. | $126,800 |
| Alberleen Family Office Solutions, LLC | $114,600 |
| Monteverde & Associates, P.C. | $112,500 |
| Empire Diamond Corporation | $103,215 |
| Digital Capital Advisors, LLC | $102,886 |
| East 110th Street, LLC | $102,175 |
| TFG Payroll, LLC | $101,967 |
| Levine & Blit, PLLC | $97,225 |
| Katsu Kawasaki, Inc. | $96,000 |
| Fantini USA, Inc. | $91,000 |
| Krauss Shaknes Tallentire & Messeri, LLP | $84,158 |
| Sushi-Teria2, LLC | $83,372 |
| Landair | $80,603 |
| Est4te Four Capital, LLC | $80,400 |
| Shandling & Landsman, LLP | $80,165 |
| Aldad and Associates, PC | $78,600 |
| Ferrum International, Ltd. | $76,337 |
| Silk Icon Apparel, Inc. | $75,000 |
| Scalisi Cosmetics, LLC | $73,500 |
| Optimum Asset Management USA, LLC | $62,400 |
| Herno W, LLC | $52,700 |
| Barabino and Partners USA, LLC | $52,500 |
| The Christie Company | $51,979 |
| Catafago Fini, LLP | $51,667 |
| Rilievi USA, Inc. | $51,300 |
| Iatelier Services Corporation | $49,800 |
| Carol a Schrager | $47,670 |
| RDA Real Estate Services, PLLC | $46,415 |
| Franco Financial Group, Inc. | $46,207 |
| Fulton Street Software, LLC | $45,292 |
| Integrity First for America, Inc. | $43,745 |
| Basic Properties America, Inc. | $42,000 |
| Dunnegan & Scileppi, LLC | $41,667 |
| Parajumpers North America Corporation | $41,600 |
| Tockwotten Associates, Inc. | $39,690 |
| MJJT Consultants, Ltd. | $38,970 |
| Tag Asia Partners, LLC | $37,300 |
| Law Offices of Schwartz & Cera NY, PLLC | $34,907 |
| Moses Medical Services, PLLC | $32,000 |
| American Friends of Bnei Akiva Yeshivas | $31,618 |
| Paul D. Petrus JR. & Associates, PC | $28,355 |
| Galab Dhungana Esquire, P.C. | $28,000 |
| Bachner & Lombardi, Inc. | $24,791 |
| 4 Eon, Inc. | $24,622 |
| Virgo Chanin Business Centers, LLC | $23,227 |
| W Brothers Management, LLC | $21,028 |
| Asia Catalyst, Inc. | $20,833 |
| Belmont International, Inc. | $20,832 |
| JV Apparel Corporation | $20,800 |
| Elite Decorating, Inc. | $19,650 |
| Choi & Assocates, P.C. | $19,097 |
| X3CNG Corporation | $18,435 |
| Virgo Penn Business Centers, LLC | $17,709 |
| B&N Legal Interpeting, Inc. | $16,850 |
| Envision Ip, LLC | $16,706 |
| Global Institute of Financial Profession | $16,137 |
| Showtime Pictures, Boston, LLC | $14,785 |
| Franco & Son, Inc. | $14,582 |
| OFP, Inc. | $13,540 |
| Bank Property One, LLC | $13,300 |
| Wasserman, PLLC | $11,520 |
| Reaction International, Inc. | $11,250 |
| Niza Works of Architecture, PLLC | $11,250 |
| 66 Pearl, LLC | $8,700 |
| Rebecca Newstand | $8,256 |
| W Brothers Brokerage, LLC | $7,312 |
| Law Offfices of Javier a. Solano, PLLC | $5,000 |
| David M. Ehrlich, P.C. | $3,820 |
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