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 92201
| Name of Borrower | Current Approved Amount |
|---|---|
| Prestige Auto Specialists, Inc. | $860,569 |
| Commercial Lighting Industries, Inc. | $751,560 |
| Leon's Landscaping and Tree Service, Inc. | $662,500 |
| Heritage Palms Homeowners Association | $661,558 |
| Gauston Corporation | $586,986 |
| W D Young & Sons, Inc. | $473,822 |
| Elvia Juarez a Dental Corporation | $422,055 |
| Cruz Benitez, Inc. | $384,730 |
| Athena Brasfield a Professional Corporation, OD | $344,792 |
| Westcon Construction Group, Inc. | $315,446 |
| Sushi Tito, Inc. | $307,037 |
| Granger's Mechanical, Inc. | $305,655 |
| Hegge Electrical Contractors, Inc. | $268,563 |
| James Yoast Tile, Inc. | $267,530 |
| Perfecto Dates, Inc. | $265,790 |
| FC Landscape, Inc. | $259,098 |
| West Coast Medical Transportation | $252,262 |
| El Mexicali Cafe, LLC | $231,493 |
| Kirkpatrick Landscaping Services, Inc. | $229,130 |
| Meredith and Simpson Construction Company | $228,542 |
| Indian Palms Country Club 2012, Inc. | $224,000 |
| M. B. S. Enterprise, Inc. | $214,077 |
| Lindsey Doors, Inc. | $196,985 |
| Indio Surgery Center, Inc. | $196,600 |
| Moreno Valley Lawn Maintenance and Landscaping, Inc. | $195,215 |
| JKB Brothers, Inc. | $191,000 |
| Indio Medical Clinic, Inc. | $188,570 |
| Rincon Norteno, Inc. | $175,000 |
| JD Mechanical, Inc. | $173,568 |
| Desert Food Group, Inc. | $173,281 |
| JBLB, Inc. | $159,158 |
| Desert Restoration, Inc. | $155,000 |
| Veer Hospitality Indio, LLC | $148,439 |
| Emerson Paige, LLC | $146,189 |
| Awareness Program, Inc. | $145,905 |
| Sullivan's Stone Factory, Inc. | $145,000 |
| Esco Total Body Care, LLC | $143,000 |
| New Genovation, LLC | $138,980 |
| Enci Total Body Care, LLC | $135,700 |
| El Campanario Restaurant, Inc. | $135,500 |
| Palm Springs Pump, Inc. | $135,437 |
| Clifford O. Brown Inc., M.D. | $135,000 |
| Ricky Norton | $123,650 |
| Lippert Construction, Inc. | $119,442 |
| Caronna & Johnson, LLP | $117,652 |
| Meraz Family Dentistry | $116,447 |
| Cobano Landscape & Irrigation, Inc. | $114,000 |
| Mike Honz Enterprises, Inc. | $113,365 |
| Rancho LA Carmelita, LLC | $113,319 |
| Aladdin Overhead Door and Gate Company, Inc. | $112,700 |
| Fabricure Coachella Valley, LLC | $112,500 |
| Elmers's of Indio, Inc. | $112,128 |
| Law Office of Domingo R. Castillo a Professional Corporation | $110,577 |
| Precise Nutrition International, Inc. | $108,217 |
| Eurotec M. F. G., Inc. | $105,902 |
| Cabinets by Precision Works, Inc. | $104,030 |
| Efren F. Wu Inc., M.D. | $101,570 |
| J Z Concrete Construction, Inc. | $100,000 |
| Oraway Engineering, Inc. | $99,635 |
| Bee Mee Three, Inc. | $99,337 |
| Rapid DRY Cleaning and Restoration, Inc. | $93,183 |
| Heirloom CK, Inc. | $91,315 |
| Soul of Mexico Alma DE Mexico, LLC | $90,000 |
| Luis Bustillos | $87,137 |
| AVD Realty | $86,700 |
| Vega's Concrete Pumping, Inc. | $86,263 |
| Mina Maksimous | $86,099 |
| Desert Elite Electric, Inc. | $85,778 |
| El Mexicali Cafe | $84,374 |
| Sapetto Law a Professional Corporation | $83,939 |
| Eventmover, Inc. | $80,557 |
| Bear Valley Construction, Inc. | $79,595 |
| JD Mechanical Fire, Inc. | $77,908 |
| Shiraz Rug Gallery, Inc. | $76,142 |
| Worldmark Construction, Inc. | $74,196 |
| Tran Truong a Professional Corporation, D.D.S. | $71,900 |
| Custom Creations of the Desert | $70,788 |
| Coachella Valley Volunteers in Medicine | $69,098 |
| Vintage Electric | $67,700 |
| Vip Nails & Nails | $66,950 |
| Tremblay Iron Works, Inc. | $66,700 |
| Gilman and Vorster Optometry, Inc. | $66,555 |
| Mcintyre Pools & Spas, Inc. | $65,888 |
| Indio Car Wash, Inc. | $64,385 |
| Cavanaugh Electric, Inc. | $62,535 |
| Mex-American Entertainment Group, Inc. | $61,657 |
| Unique Islands Corporation | $61,560 |
| Aqua Rite Pool & Spa, Inc. | $61,367 |
| Fortun Foods, Inc. | $61,257 |
| Tropics Motor Hotel | $60,168 |
| Bella Casa, Inc. | $59,860 |
| Alternative Caregiving Solutions | $59,856 |
| Provision Medical Products, LLC | $59,545 |
| Foxhound, LLC | $59,527 |
| Advanced Maintenance Services | $58,351 |
| Salazar Drywall, Inc. | $57,817 |
| Indio Transmission, Inc. | $57,120 |
| Maui Pools Service, LLC | $55,101 |
| Finetrade Group, Inc. | $53,513 |
| Citrus Cleaners, Inc. | $51,563 |
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