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 10177
| Name of Borrower | Current Approved Amount |
|---|---|
| Complete Discovery Source, Inc. | $4,192,406 |
| Pentagram Design, Inc. | $2,136,600 |
| Kirby Mcinerney, LLP | $787,700 |
| R. A. Cohen & Associates, Inc. | $440,984 |
| Gold Health Strategies, Inc. | $335,462 |
| Relais and Chateaux New York, Inc. | $213,900 |
| FC Barcelona North America, LLC | $120,700 |
| 250 Park Group, Inc. | $118,500 |
| Anti-Discrimination Center, Inc. | $75,593 |
| Nyc Counseling LCSW, PLLC | $75,008 |
| DB Management Services, Inc. | $59,000 |
| Sabharwal & Finkel, LLC | $56,400 |
| JP Capital Group, Inc. | $53,845 |
| Law Offices of David Skrilow | $51,600 |
| Pellegrini and Mendoza, LLP | $50,600 |
| Mcloughlin, O'Hara, Wagner & Kendall | $42,500 |
| Harry Block, ESQ. | $41,666 |
| Arigatou International-New York, Inc. | $38,495 |
| Brentmoor Capital Group, LLC | $36,000 |
| Law Offices of Germana F. Giordano | $30,800 |
| Dougherty, Ryan & Hession, LLP. | $25,645 |
| Parkgate Fundraising, LLC | $21,067 |
| New Generation Management Group, Inc. | $20,833 |
| Pui Yin Wong Practice, P. C., M.D. | $20,832 |
| Criscione Ravala, LLP | $20,800 |
| Brenlla -Sba Small 7a Term, LLC | $19,958 |
| Brentmoor Law Partners, LLC | $18,400 |
| Don Savatta, P.C. | $13,300 |
| Wagner Law Associates, PC | $10,542 |
| Kochendorfer Group USA, Inc. | $10,033 |
| Weiler Partners, Inc. | $9,420 |
| Sirota Law Firm, PC | $6,037 |
| Outerbridge Law, P.C. | $4,265 |
| Pasquale Crispo J. Esq. | $900 |
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