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.
Top 100 largest PPP loans in 2021 in ZIP Code 14304
| Name of Borrower | Current Approved Amount |
|---|---|
| Precious Plate, Inc. | $1,983,307 |
| TL Rest | $1,465,919 |
| J R Swanson Plumbing Company, Inc. | $1,372,330 |
| Apollo Steel Corporation | $1,119,557 |
| Palliative Home Care of Niagara, Inc. | $975,572 |
| David Chevrolet Buick, Inc. | $955,825 |
| Falls Dodge, Inc. | $876,137 |
| Americarb, Inc. | $810,145 |
| LG & WH, Inc. | $747,340 |
| Kalos Health, Inc. | $664,290 |
| Precision Process, Inc. | $605,390 |
| Niagara Coatings Services, Inc. | $580,911 |
| National Maintenance Contracting Corporation | $566,194 |
| Lasalle Hospitality, Inc. | $539,962 |
| Millennium Construction, Inc. | $466,024 |
| 4th Generation Construction, Inc. | $462,970 |
| R. B. U'Ren Equipment Rental, Inc. | $410,061 |
| TJ Holdings, Inc. | $403,455 |
| Spine Surgery of Buffalo Niagara, LLC | $319,610 |
| Summit Pediatrics, P.C. | $307,442 |
| M&M Electric Construction Company, Inc. | $293,252 |
| Felton Machine Company, Inc. | $289,977 |
| Merani Hotel Group, Inc. | $287,514 |
| 6621 Niagara Falls Boulevard, Inc. | $283,220 |
| Dental Care Associates, LLC | $280,556 |
| Plati Niagara, Inc. | $267,005 |
| Insul-Company, Inc. | $258,068 |
| Jacobs Ladder, LLC | $229,620 |
| Niagara Quality Care Dentistry, P.C. | $200,863 |
| Taylors Tap & Grill, Inc. | $195,909 |
| 7708 N. F. BLVD., Inc. | $191,370 |
| Gaines Electrical Contracting, Inc. | $189,603 |
| RJM Roofing, Inc. | $184,121 |
| Catholic Academy of Niagara Falls | $174,183 |
| Falls Hotel, LLC | $172,466 |
| Universal Media Access-Ksjo-FM, LLC | $157,482 |
| Valeri Concrete Construction, Inc. | $154,625 |
| US Drives, Inc. | $151,748 |
| Bellreng's Towing, Inc. | $150,000 |
| Apartments Niagara, LLC | $150,000 |
| SJMC Enterprises, Inc. | $146,601 |
| Walter S. Johnson Building Company, Inc. | $145,352 |
| Fuji Grill Siu, LLC | $145,000 |
| Kinetic Kitchen and Bath, LLC | $143,515 |
| Buffalo Environmental Consultants, Inc. | $140,500 |
| Lingle and Mazur PT, PC | $132,500 |
| Jetport, Inc. | $130,315 |
| Cleaning With Care, Inc. | $129,943 |
| Michael J. Hogan | $126,582 |
| Judi's Lounge, Inc. | $119,371 |
| Jaihanumantinc | $118,750 |
| Fiddler Roofing, Inc. | $117,805 |
| Solidays, Inc. | $110,858 |
| Firth Jewelers | $101,832 |
| Regional Environmental Demolition, Inc. | $100,000 |
| 10158 Pine Avenue Development | $99,795 |
| Wayside Nursery, Inc. | $98,855 |
| American Glass & Mirror Company, Inc. | $95,000 |
| Matrix Machine Specialties, Inc. | $94,167 |
| Steak Stone & Sushi-Niagara, LLC | $93,299 |
| Bowlen Enterprises, Ltd. | $92,700 |
| Lasalle Contracting Corporation | $91,409 |
| Niagara Falls Hospitality, Inc. | $90,004 |
| Niagara Apothecary, Inc. | $86,835 |
| Philip J Leta LLC D.D.S. | $86,045 |
| Advanced Dental, P.C. | $83,700 |
| Schlaak Enterprises, LLC | $83,430 |
| Mom's Family Restaurant, Inc. | $83,429 |
| Matthew Cole | $78,820 |
| The Graniteshop of WNY, LLC | $75,800 |
| Niagara Lodging, Inc. | $73,875 |
| Rizek & Sons, Inc. | $64,354 |
| 5919 Niagara Falls BLVD, Inc. | $63,322 |
| Deva Development, Inc. | $63,276 |
| Security Solutions of Niagara, LLC | $62,410 |
| St. Vincent DE Paul Roman Catholic Parish | $62,042 |
| Delorenzo Electric, Inc. | $62,000 |
| 6601 Narayan, LLC | $61,600 |
| Bondi Electric, Inc. | $61,513 |
| Villani's Landscape Equipment, Inc. | $57,795 |
| Divine Nail Spa | $57,358 |
| Michael J Marrone PLLC D.D.S. | $56,760 |
| Aero Car & Limo Service, Inc. | $55,800 |
| All That Jazz-Full Service Salon, Inc. | $55,800 |
| Paragon Development Paragon Development Inc., Inc. | $55,700 |
| Council Opticians of Niagara Falls, Inc. | $54,607 |
| Buffalo Niagara Plastic Surgery, PLLC | $53,372 |
| Niagara Falls Nails & Spa Corporation | $53,275 |
| New Heitz Site Services | $52,375 |
| Nivesh R Yogen Fruz, LLC | $52,300 |
| Viking Consolidated Services, Inc. | $50,407 |
| Seven Group, Inc. | $48,524 |
| CJMD, Inc. | $47,960 |
| Paynes Carpet Outlet | $46,052 |
| Rockburger, LLC | $44,800 |
| Dotterweich Enterprises, Inc. | $44,530 |
| Neal Agency, Inc. | $42,525 |
| Hoffman Family Dentistry, PLLC | $42,412 |
| LA Rosa's Prime Outlet, Inc. | $42,308 |
| Richard Boyle | $41,797 |
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