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 |
|---|---|
| V-Care Home Health, Inc. | $935,400 |
| Ideal Printers, Inc. | $853,700 |
| Boys & Girls Clubs of the Twin Cities | $663,900 |
| ESCH Construction Supply, Inc. | $580,000 |
| Miratec Systems, Inc. | $575,500 |
| Capital Wood Products Company | $518,100 |
| Premier Staffing Group, Inc. | $405,538 |
| Metro Manufacturing, Inc. | $383,200 |
| Harrington Langer & Associates, Inc. | $373,000 |
| State Supply Company, Inc. | $325,390 |
| Laservision USA, LP | $308,300 |
| Michel Sales Agency, Inc. | $294,800 |
| Merit Electric Company | $279,700 |
| American Indian Family Center | $257,300 |
| Morelli's Discount Liquor, Meats and Italian Market, Inc. | $224,700 |
| Medi-Technician Communications, Inc. | $214,343 |
| Metzger Building Materials Company | $201,850 |
| Central States Wire Products, Inc. | $192,443 |
| Metro Erectors, Inc. | $184,100 |
| Cazteck, Inc. | $171,580 |
| Stone Machinery, Inc. | $169,100 |
| Revelry, LLC | $155,000 |
| LA Palma Market, Inc. | $153,312 |
| Bymore, Inc. | $141,400 |
| Sorenson Tree Service, LLC | $130,443 |
| Donald's, Inc. | $129,600 |
| LKT Laboratories, Inc. | $114,502 |
| Restoration North, LLC | $112,500 |
| Family Option Services, LLC | $95,000 |
| Kendall Hardware, Inc. | $94,700 |
| St. Paul Family Medical Center | $80,845 |
| Yarusso Brothers, Inc. | $77,500 |
| Tongue in Cheek, LLC | $75,000 |
| Eastside Thai Restaurant, Inc. | $73,361 |
| Pro-Life Action Ministries, Incorporated | $73,100 |
| Kane's Culinary Group, LLC | $68,700 |
| Inside Edge Dental, PLLC | $58,872 |
| Apex Auto Salvage, Inc. | $51,100 |
| People Diversified Health Care | $50,700 |
| L&S Automotive, Inc. | $50,000 |
| Insitu Technologies, Inc. | $50,000 |
| Sagstetter Properties, LLC | $49,700 |
| Rademacher Enterprises, Inc. | $47,500 |
| Carm Distributing, Inc. | $46,500 |
| Reeds Sales and Services, LLC | $45,362 |
| Outdoor Property Maintenance | $40,130 |
| East Side Neighborhood Development Company, Inc. | $40,000 |
| Balsimo Chiropractic PA | $36,000 |
| Dispute Resolution Center | $35,600 |
| Family Tree Dental | $32,000 |
| New Hope Baptist Church | $28,090 |
| Minnesota Music Club | $27,700 |
| Commusication | $26,400 |
| Checks R US, Inc. | $24,125 |
| The King's Ransom | $21,622 |
| Payne-Phalen Community Council | $21,300 |
| Jamesia Jackson | $20,832 |
| East Immanuel Lutheran Church | $20,000 |
| Accurate Accounting & Tax Preparation, Inc. | $19,775 |
| The Church of St. Patrick of St. Paul, Minnesota | $18,900 |
| Community Health Chiropractic Clinic, P. A. | $18,500 |
| His & Her Clothing, LLC | $17,960 |
| Timothy Ester | $17,032 |
| Vang Chiropractic, Inc. | $16,800 |
| Howard Jones | $15,750 |
| Community Tax+, LLC | $15,257 |
| Stebbing Sleep Servies, LLC | $15,208 |
| DR. Tia Chang & Associates, PA | $14,901 |
| Puleo Studios | $13,297 |
| Los Gallos #11, Inc. | $12,300 |
| Frank Urioste | $12,135 |
| Capital Family Eye Clinic, LLC | $12,100 |
| Get Gorgeous | $12,100 |
| Egge Studios | $11,991 |
| Presidential Suv Service | $10,417 |
| My Childcare Plus, Inc. | $10,000 |
| Boon T. Lor | $9,166 |
| Caliguire Construction, Inc. | $8,300 |
| Safe Haven Operating, LLC | $7,500 |
| Enhance Living, Inc. | $7,500 |
| Minnesota Transportation Museum, Inc. | $7,400 |
| Superior Speech Therapy, LLC | $6,968 |
| Nghiala | $6,715 |
| Procyon Forest, LLC | $6,632 |
| Chassity Hall | $5,800 |
| Iwebgraphic, LLC | $5,779 |
| New Sparkle Laundromat | $5,306 |
| Rhinex Contractor, Inc. | $5,000 |
| Hammer Management, LLC | $4,885 |
| Licho Xenexai | $4,277 |
| Mangos Restaurant, LLC | $4,121 |
| Ahmed Farah | $4,003 |
| Hle Vang | $3,890 |
| New Beginnings Assembly of God | $3,500 |
| Michael Ahles | $3,300 |
| Chris Morbitzer | $3,090 |
| ABC Realty, LLC | $3,000 |
| YIA Yang | $2,800 |
| Nebila Kairo | $2,500 |
| Yuli Xenexai | $2,467 |
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