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 |
|---|---|
| North Port Rehab, LLC | $986,410 |
| North Port Retirement Center, Inc. | $929,300 |
| Fitness Quest Englewood, LLC | $861,542 |
| Heron Creek Associates, Ltd. | $674,590 |
| Douglass Restoration, Inc. | $281,400 |
| Cherpak, LLC | $278,700 |
| JT Foods Company | $223,800 |
| Unfold, LLC | $161,500 |
| DLK Spa Development Group, LLC | $161,000 |
| Tap Investments, LLC | $144,722 |
| San Pedro Catholic Chuch | $136,001 |
| Aaron Memon P. A., D.M.D. | $108,162 |
| NPCR Enterprises, Inc. | $105,600 |
| Omegahealth & Wellness, Inc. | $97,649 |
| QBC Service Group | $97,480 |
| Reliable Well Services, LLC | $93,135 |
| Novak Environmental Services | $88,100 |
| Sparkle Brite Pools of North Port, LLC | $87,268 |
| Vested Motors IX, LLC | $86,300 |
| Caddy Carts, Inc. | $83,600 |
| of Southwest Florida Inc., PC | $79,740 |
| Florida Gulf Coast Insurance Agency, Inc. | $78,096 |
| Quality TV Sales & Service, Inc. | $78,039 |
| Kindergarten Prep, Inc. | $77,000 |
| Kevin Schapley PA, D.M.D. | $76,400 |
| D & L Removal and Transport, Inc. | $72,100 |
| L&D China Buffet, Inc. | $72,047 |
| Peace River Presbytery, Inc. | $68,700 |
| Sand Dollar Construction & Landscape Service | $68,574 |
| American RV Technology, Inc. | $64,732 |
| Rhonda M Gustitus PA | $64,700 |
| Eric J. Claessens, PA, D.D.S. | $64,142 |
| Matthews Insurance Services, Inc. | $62,600 |
| Town Pharmacy, Inc. | $62,500 |
| MM Family-Florida | $62,257 |
| Tri-County Counseling & Life Skills Center, Inc. | $61,400 |
| Black Dog 1, LLC | $57,800 |
| Jehohanan, Inc. | $57,709 |
| North Port Podiatry Center P. A. | $56,800 |
| Buck Western, Inc. | $55,069 |
| JLC Enterprises of North Port, Inc. | $54,000 |
| Jesse S Hicks PA, OD | $50,235 |
| Florida Physical Therapy Specilits (We Change Names Before | $50,000 |
| Technical Electrical, Inc. | $49,676 |
| Cornerstone Integrated Healthcare | $49,000 |
| Bo Lawn Management, Inc. | $48,500 |
| Bella III, Corporation | $48,215 |
| Toto Tota Corporation II | $47,390 |
| Signature Sound Security, Inc. | $46,000 |
| Hair Design Too, Inc. | $44,000 |
| Family Table Resturant of North Port, Inc. | $43,100 |
| Talon Towing and Transport, LLC | $42,900 |
| W. Kevin Russell, P. A. | $42,500 |
| IL Primo Pizza & Wings VII, LLC | $41,100 |
| North Port Burritos, LLC | $41,000 |
| Daniel Rubin Chiropractic, PLLC | $38,983 |
| Step-Up Physican Therapy | $38,000 |
| The Treehouse a Children's Academy | $37,500 |
| North Port Title, LLC | $37,116 |
| North Port Smiles, PLLC | $35,633 |
| Southwest Florida Periodontics, LLC | $35,052 |
| Tonya Cher | $34,271 |
| Kumo Japanese Sushi & Grill, Inc. | $33,645 |
| Johns Qwik Stop, Inc. | $32,801 |
| M and K Quality Decks, Inc. | $32,600 |
| Ivy League Early Learning Center, LLC | $32,512 |
| Talon Heavy Haul | $32,432 |
| Pattens Coast to Coast Home Inspections | $30,395 |
| A J Nails & Spa | $30,000 |
| Bob Fuller Insurance | $29,000 |
| Mellor & Backo, LLP | $28,400 |
| We3co, LLC | $27,600 |
| Plumber Dave, LLC | $27,500 |
| North Port Pizza, Inc. | $26,800 |
| Brian Bowersox, Inc. | $26,000 |
| Nicks Auto Clinic | $25,000 |
| Awaken Church of North Port, Inc. | $24,600 |
| Lee Squared, Inc. | $24,280 |
| Smithers Business Investments, Inc. | $23,400 |
| United Choice, LLC | $22,975 |
| St. Marys Chevron, Inc. | $22,758 |
| Holbrook Lawn Care, LLC | $21,837 |
| Jennifer R. Callahan | $21,620 |
| Experience More in Store, LLC | $20,961 |
| Steel Express, LLC | $20,833 |
| Harbor View Home Inspection | $20,833 |
| Valentina Garaoulina | $20,800 |
| Dlt-Manager Express, LLC | $20,800 |
| Junior Cina | $20,635 |
| Styles Wholesale | $20,570 |
| School of Sarasota, Inc. | $20,417 |
| Amvets Post 312 | $19,467 |
| DVG Nutrition Store 2390, LLC | $19,220 |
| Utica System, Inc. | $19,100 |
| Smith Family Insurance | $19,000 |
| Edward Baker | $18,124 |
| Studio 51 Barbershop, LLC | $17,721 |
| G&o Services Corporation | $17,667 |
| Network Media Services | $15,906 |
| Integrated Health & Wellness Consultng | $15,474 |
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