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 2020 in ZIP Code 95037
| Name of Borrower | Current Approved Amount |
|---|---|
| Catalyst Family, Inc. | $10,000,000 |
| Shoe Palace Corporation | $10,000,000 |
| Lusamerica Foods, Inc. | $5,181,900 |
| George Chiala Farms, Inc. | $3,592,147 |
| Pacific States Industries Incorporated | $3,529,000 |
| Kawahara Nursery, Inc. | $3,252,777 |
| Marki Microwave, Inc. | $2,161,500 |
| M&L Precision Machining, Inc. | $2,045,292 |
| Silicon Valley Glass Incorporated | $1,981,030 |
| Con Glazing, Inc., PAC | $1,861,205 |
| Medallion Landscape Management, Inc. | $1,764,170 |
| The Ford Store Morgan Hill, Inc. | $1,710,247 |
| Precision Drywall Interiors, Inc. | $1,691,490 |
| Monument Construction, Inc. | $1,516,852 |
| Psynergy Programs, Inc. | $1,356,437 |
| A&S Painting and Plastering, Inc. | $1,342,345 |
| New Product Integration Solutions, Inc. | $1,193,188 |
| Hollister Ace Hardware | $1,188,837 |
| ART Brand Studios, LLC | $1,057,500 |
| Paragon Mechanical, Inc. | $1,037,500 |
| Ursus, Inc. | $1,014,200 |
| A Munoz Landscape Construction, Inc. | $1,005,052 |
| GSA Services, LLC | $985,962 |
| New Path Landscape Services, Inc. | $974,227 |
| Terrasat Communications, Inc. | $956,643 |
| Andpak, Inc. | $951,200 |
| North Coast Medical, Inc. | $950,300 |
| Pinnacle Manufacturing Corporation | $900,000 |
| Gryphon Financial Group, Inc. | $889,050 |
| Aircraft Covers, Inc. | $882,106 |
| Apex Mechanical, Inc. | $866,947 |
| Phoenix Deventures II, Inc. | $856,740 |
| Kalman Manufacturing, Inc. | $835,800 |
| Creative Manufacturing Solutions, Inc. | $826,562 |
| South Valley Charter School | $773,750 |
| Talamo Foods | $761,659 |
| Great Commission Association of Southern Baptist Churches | $758,700 |
| Cal Color Growers, LLC | $753,944 |
| Sheathing Technologies, Inc. | $724,577 |
| Dividend Homes, Inc. | $692,882 |
| T & H Manufacturing, Inc. | $689,505 |
| Pacific West Security, Inc. | $655,100 |
| US Technical Ceramics, Inc. | $651,015 |
| Airtronics Metal Products, Inc. | $625,000 |
| Art's Sheet Metal Manufacturing, Inc. | $622,865 |
| Assurx, Inc. | $618,002 |
| Admi CA, Inc. | $595,957 |
| Prism Electronics Corporation | $594,151 |
| Cappo Management Xlix, LLC | $580,515 |
| Hanaps Enterprises | $574,262 |
| Rapid Response Force, LLC | $568,626 |
| Agape Schools, Inc. | $559,699 |
| Mclaughlin Painting | $545,987 |
| Northern California Fire Protection Services | $537,500 |
| Uc Components, Inc. | $531,777 |
| Hock Bratcher, LLP | $518,637 |
| Robson Technologies, Inc. | $510,112 |
| Richard D & James S Ross PTRS | $498,732 |
| Silicon Valley Demolition, Inc. | $496,992 |
| Ghuman Dental Corporation | $487,400 |
| R. N. Pearman Landscape Management, Inc. | $477,500 |
| Accu Image, Inc. | $476,500 |
| Advanced Auto Body | $475,125 |
| Kycon, Inc. | $446,730 |
| Deharo Mechanical, Inc. | $439,245 |
| Fidelity Senior Solutions, LLC | $433,537 |
| Family Adventures RV, Inc. | $429,977 |
| Step Tools Unlimited, Inc. | $422,100 |
| K. R. Anderson, Inc. | $415,800 |
| Anaerobe Systems | $413,303 |
| Silver Creek Construction Incorporation | $400,000 |
| Neptune Solutions, Inc. | $396,977 |
| MG Constructors and Engineers, Inc. | $395,000 |
| Maguire Dental Corporation | $389,400 |
| GMP Plating, Inc. | $389,000 |
| Sumavision SFO, LLC | $377,200 |
| MHHD Partners, LLC | $364,163 |
| Advanced Machining Techniques, Inc. | $361,559 |
| MH Engineering Company | $346,705 |
| Animal Damage Management, Inc. | $338,897 |
| Walton & Sons Masonry, Inc. | $337,661 |
| Cinos Corporation | $327,615 |
| GMU Construction, Inc. | $325,077 |
| A Shade Above, Inc. | $323,120 |
| Amtech Microelectronics, Inc. | $306,400 |
| AK Construction Enterprises, Inc. | $305,498 |
| Salient Path, Inc. | $302,800 |
| Emilio Guglielmo Winery, Inc. | $300,500 |
| Carbahn Autoworks, Inc. | $287,998 |
| Educational Data Systems, Inc. | $287,830 |
| RL Trucking, Inc. | $284,820 |
| Sleep Well Cpap Services, LLC | $281,250 |
| Adriana San Millan School Psychology and Special Education S | $280,887 |
| Pega Precision, Inc. | $272,640 |
| Sae Engineering, Inc. | $271,000 |
| South Bay Commercial Interiors, Inc. | $268,323 |
| MTD Drywall, Inc. | $264,043 |
| Webco Sweeping, LLC | $259,531 |
| Lifeguard Fire Protection, Inc. | $250,000 |
| Bill Jacobson Trucking Company, Inc. | $246,095 |
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