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 |
|---|---|
| Taco, Inc. | $8,158,133 |
| Luxury Brand Holdings, Inc. | $3,146,600 |
| Tasca Automotive Group, Inc. | $3,059,400 |
| Jan King, Inc. | $2,523,800 |
| Procaccianti Companies, Inc. | $2,297,180 |
| Millwork One, Inc. | $2,010,365 |
| Mclaughlin & Moran, Inc. | $1,764,900 |
| Access Point RI | $1,675,700 |
| Swarovski Optik North America Limited | $1,496,226 |
| Newport Creamery, LLC | $1,462,300 |
| TPG KC MO I, LLC | $1,396,800 |
| X-Ray Associates Incorporated | $1,388,692 |
| HCP Grosvenor Orlando Owner, LLC | $1,342,800 |
| Pil II, LP | $1,290,500 |
| GSM Metals, Inc. | $1,245,000 |
| Eastland Food Products, Inc. | $1,183,000 |
| North-Eastern Tree Service, Inc. | $1,120,892 |
| Diprete Engineering Associates, Inc. | $980,800 |
| Sitecon Corporation, Inc. | $956,530 |
| PFL VII, LLC | $937,043 |
| Provisional Staffing Solutions, LLC | $921,788 |
| TPG Lexington, LLC | $900,800 |
| Rhode Island Primary Care Physicians Cor | $899,903 |
| Green Development, LLC | $897,800 |
| R. J. Carbone Company | $870,520 |
| Cranston Print Works Company | $860,406 |
| Hampshire Hospitality Holdings, LLC | $849,300 |
| P-Lr-5a, LP | $836,100 |
| Gannon & Scott, Inc. | $804,360 |
| PNY II, LLC | $797,300 |
| RP Providence, LLC | $773,900 |
| Masello Salon Services of New England, LLC | $759,329 |
| M Disandro & Sons Masonry, Inc. | $752,500 |
| Aim Metals & Alloys USA, Inc. | $709,400 |
| Automatic Temperature Controls, Inc. | $703,200 |
| TPG Boca Raton, LLC | $683,700 |
| TPG LA Commerce, LLC | $655,500 |
| HTW, Inc. | $649,105 |
| Pasquazzi Bros., Inc. | $636,300 |
| Shanix, Inc. | $625,375 |
| 140 Toll House Hotel, LLC | $613,800 |
| Garden City Treatment Center | $608,100 |
| Tag Management, Inc. | $591,500 |
| Abacus Health Solutions, LLC | $573,935 |
| 1651 Tiburon Hotel, LLC | $572,100 |
| TPG Waterford, LLC | $569,300 |
| TPG St. Pete Beach, LLC | $568,000 |
| PMD I, LLC | $547,500 |
| Luca & Danni, Inc. | $505,200 |
| Trans-Tex, LLC | $500,300 |
| Opportunities Unlimited for People With Differing Abilities | $480,500 |
| Eagle Cornice Company, Inc. | $476,100 |
| Difruscia Industries, Inc. | $471,900 |
| Papa Razzi Trattoria of Cranston, Inc. | $464,000 |
| Quidnessett Country Club | $462,500 |
| PRI I, L. P | $457,308 |
| Gennaro, Inc. | $453,700 |
| Internal Medicine Associates, Inc. | $453,522 |
| AAA Sprinkler Company, Inc. | $445,500 |
| Workers Mania | $438,255 |
| MDC Hotel Manager, LLC | $431,200 |
| Professional Security Services, Inc. | $421,100 |
| Proc GA, L. P. | $415,400 |
| 422 Hotel, LLC | $412,500 |
| Pediatric Dentistry, Ltd. | $407,962 |
| Syqwest, Inc. | $405,000 |
| Cranston Collision Center Sales and Service, Inc. | $398,500 |
| Netcenergy, LLC | $380,000 |
| D L Terminals, Inc. | $371,500 |
| Stiller Distributors, Inc. | $361,800 |
| Immaculate Conception Church Corporation | $325,000 |
| Hudson Terminal Corporation | $322,327 |
| Allied Industrial Group, Inc. | $321,500 |
| C. A. Pretzer Associates, Inc. | $320,600 |
| DRS Sambandam & Joseph Associates, Inc. | $309,800 |
| Stephen J. Puerini & Steven J. Saccoccio D. M. D., PC, D.M.D. | $294,820 |
| Chelo's Beef Hearth of Cranston, Inc. | $294,100 |
| Diamond Enterprises, Inc. | $292,695 |
| First Warwick Hotel Investors, LLC | $290,897 |
| PHR TRS II, LLC | $289,717 |
| Stylecraft, Inc. | $287,500 |
| FPP Holdings, LLC | $280,700 |
| Rilassamento Massage, LLC | $280,500 |
| Miniature Casting Corporation | $276,300 |
| PK&J Ventures, Inc. | $274,200 |
| Ham, Inc. | $257,000 |
| Peter D Pritsker, Inc. | $252,802 |
| D & D Electric Company | $251,800 |
| Oaklawn Animal Hospital | $249,700 |
| Donnelly's of RI, Inc. | $246,700 |
| Ocean State Logistics, LLC | $239,472 |
| G. Dicostanzo, Inc. | $232,498 |
| Masello Bros, Inc. | $228,449 |
| Commercial Construction Group, LLC | $228,000 |
| St. Mary's Church | $225,400 |
| Statewide Plumbing & Heating Company, Inc. | $224,055 |
| Ocean State Endodontics | $221,600 |
| Professional Salon Serv, Inc. | $221,300 |
| Jan Dough, LLC | $219,800 |
| Garden City Eyecare, Inc. | $217,835 |
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