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 |
|---|---|
| Leeds Health Care Services, Inc. | $2,063,654 |
| Keystone Insurers Group, Inc. | $1,848,334 |
| Zartman Construction, Inc. | $1,645,000 |
| Suncom Industries, Inc. | $1,493,724 |
| Strong Industries, Inc. | $1,452,600 |
| W & L Sports Cars, Inc. | $926,600 |
| I'm the Guy, LLC | $815,095 |
| Keystone Forging Company | $813,000 |
| Tulpehocken Mountain Spring Water | $812,500 |
| Resilite Sports Products, Inc. | $768,600 |
| River Run Foods, Inc. | $672,000 |
| North Shore Railroad Company | $635,200 |
| Shumaker Industries, Inc. | $543,100 |
| Lycoming Valley Railroad Company | $391,700 |
| Surplus Outlet, LLC | $391,166 |
| Garvey's Carpet & Vinyl Emporium, Inc. | $268,633 |
| First Regular Baptist Church | $206,000 |
| Long Auto Group, LLC | $196,700 |
| Nittany & Bald Eagle Railroad Company | $180,400 |
| All Sports America, Ltd. | $177,752 |
| Emmanuel Home | $159,237 |
| Amity Leasing CS, Inc. | $129,619 |
| Synergy Grandview Pharmacy, Inc. | $126,900 |
| Sunbury Bible Church | $100,000 |
| River and Fun, Inc. | $98,500 |
| Susquehanna Valley Limousine, Inc. | $91,616 |
| Weavers Tire Service, Inc. | $91,000 |
| El Ranchco Restaurant & Lounge, Inc. | $80,130 |
| United Bingo, Inc. | $79,600 |
| Northpoint Auto & Equipment, LLC | $78,800 |
| Beth Daugherty Carr, PC | $70,835 |
| Boyer Machine, Inc. | $61,100 |
| Mccreary's Hvac | $54,757 |
| Expert Home Builders, Inc. | $54,600 |
| TC Water, Inc. | $54,100 |
| E. A. Ikeler Incorporated | $46,638 |
| A New Design Landscape & Stone, Inc. | $46,350 |
| IN His Shadow Family Medicine, PC | $42,107 |
| The Dust Butlers, Inc. | $40,000 |
| Club Coin Boards, Inc. | $38,200 |
| Ralph Cianflone, D.D.S. | $36,700 |
| Thomas D. Strouse & Thomas D. Strouse JR. General Partners | $35,750 |
| Matrushree, LLC | $33,000 |
| Rackmc, Inc. | $32,800 |
| Karl Carey, LLC | $29,173 |
| M & S Garage | $28,800 |
| Gelnett and Associates, LLC | $28,757 |
| Frye's Department Store | $27,400 |
| General Real Estate Enterprises, Inc. | $27,250 |
| American Legion Home Association Post 44 | $23,833 |
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