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 |
|---|---|
| Mark Cerrone, Inc. | $2,000,000 |
| MGC Systems Corporation | $911,722 |
| Metro Contracting & Environmental, Inc. | $460,957 |
| Duncan's Heating and Cooling Corporation | $411,667 |
| Lakes Pipe & Supply Corporation | $408,175 |
| Rus Industries, Inc. | $403,365 |
| Fox Fence, Inc. | $346,100 |
| Yorkville Sound, Inc. | $259,385 |
| Sicoli Construction Services, Inc. | $219,750 |
| Helmel Engineering Products, Inc. | $216,490 |
| Helmel Engineering Products, Inc. | $216,490 |
| Empire Emergency Apparatus, Inc. | $207,836 |
| Everlasting Water, Inc. | $141,716 |
| Mario J. Violante PLLC D.D.S. | $102,262 |
| United Thermal Systems, LLC | $97,910 |
| Armand Cerrone, Inc. | $96,732 |
| St. James United Methodist Church | $90,000 |
| CB Customs Brokerage Services, LLC | $88,087 |
| Laborers Local 91 Welfare Fund | $81,347 |
| Metlab Corporation | $78,283 |
| Dmyles, Inc. | $75,555 |
| Niagara Boundary and Mapping Services LSPC | $74,412 |
| Compassionate Care of Niagara, Inc. | $72,212 |
| Arrow Systems, Inc. | $68,397 |
| Laborers No 91, Inc. | $67,087 |
| Positron Corporation | $66,398 |
| Tri-Foxco U. Inc., S.A. | $58,500 |
| J D Calato Manufacturing Company, Inc. | $55,160 |
| Hutcheson Affronti & Deisinger, P.C. | $53,332 |
| Center City Neighborhood Development Corporation | $52,537 |
| Niagara Monument Works, Inc. | $51,052 |
| Felicetti Concrete Products, Inc. | $48,800 |
| Mark S Mieth PC, M.D. | $48,180 |
| Laborers Local 91 Educational & Training Fund | $45,480 |
| Toast & Roast Cafe, Inc. | $44,800 |
| United Services, Ltd. | $36,315 |
| Porky's Hot Dogs | $33,670 |
| Dri-Angle, Inc. | $31,597 |
| Thomason Concrete Construction, Inc. | $30,875 |
| Time to Dance | $30,410 |
| Rifai, Inc. | $30,377 |
| Niagara Falls Underground Railroad Heritage Commission, Inc. | $30,287 |
| Michael Erwin Greenawalt | $30,000 |
| Walter S. Mayes | $27,820 |
| GKG Convenience, Inc. | $27,560 |
| Dimarco Tax & Accounting Services, Inc. | $25,000 |
| Malfa Construction, Inc. | $24,645 |
| Superior Construction of Niagara, Inc. | $23,865 |
| Niagara Custom Plating, Inc. | $23,803 |
| Anita Palmer | $22,500 |
| DJR Contracting Corporation | $21,412 |
| Beatrice Ewing | $20,833 |
| Sean Gilbert | $20,833 |
| Jamell Chapman | $20,833 |
| Carolyn Wood | $20,833 |
| Robert Harris | $20,833 |
| Robert Harris | $20,833 |
| Grant Long | $20,833 |
| Jeremy Hardy | $20,833 |
| Dartanain Howard | $20,833 |
| Eric Abrams | $20,833 |
| Norma McGuire | $20,833 |
| Beatrice Ewing | $20,833 |
| Shayonta Vincent | $20,833 |
| Syquan Ralands | $20,832 |
| Lidia Dunham | $20,832 |
| Nizir Gibson | $20,832 |
| Angela Felts | $20,832 |
| Malia Cox | $20,832 |
| Casondra King | $20,832 |
| Caprino Management, LLC | $20,832 |
| Deasia Mays | $20,832 |
| Jessica Levick | $20,832 |
| Faith Mobley | $20,832 |
| Curtis Hall | $20,832 |
| Shavonna Sheard | $20,832 |
| Shawntell Steward | $20,832 |
| Rashemara Barnes | $20,832 |
| Vincent Auricchio | $20,832 |
| Vonnae Campbell | $20,832 |
| Kiran Samuel | $20,832 |
| Katie Wittcop | $20,832 |
| Eric Abrams | $20,832 |
| Tezyah Hall | $20,813 |
| Charles Peay | $20,747 |
| Tashara Carter | $20,658 |
| Kathleen Iacovitti | $20,650 |
| Vincent Iacovitti | $20,650 |
| Camila Sierra | $20,619 |
| Chloe Long | $20,577 |
| Jasmaine West | $20,551 |
| Jasmaine West | $20,551 |
| Candella Construction Company, Inc. | $20,500 |
| Anthony Owens | $20,297 |
| Charnay Taylor | $20,212 |
| Christopher Miller | $20,208 |
| Christopher Miller | $20,208 |
| Sharon Ralands | $20,052 |
| Linda Lester | $20,052 |
| Linda Lester | $20,052 |
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