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 |
|---|---|
| Our Lady's Haven of Fairhaven, Inc. | $1,321,480 |
| Nordic, Inc. | $633,757 |
| The Pasta House, Inc. | $478,548 |
| Isaksen Fishing Corporation | $370,690 |
| M O L I F E, Inc. | $350,727 |
| Mikes' Restaurant, Inc. | $328,760 |
| Seaport INN, LLC | $275,177 |
| Eilertsen Fisheries, LLC | $241,610 |
| Ice House, LLC | $239,002 |
| Marion Pediatrics, P.C. | $204,457 |
| Nelson Fishing, Inc. | $201,473 |
| G Bourne Knowles & Company | $187,279 |
| Upper Deck, Ltd. | $179,340 |
| Norport, Inc. | $176,708 |
| Aarsheim Fishing Corporation | $166,796 |
| T & R Fishing, Inc. | $163,495 |
| Community Nurse Private Care, Inc. | $160,625 |
| Let It Ride Fishing Corporation | $158,908 |
| Haakonsen, LLC | $152,683 |
| Northeast Maritime Institute, Inc. | $151,800 |
| Michigan Fishing Corporation | $151,055 |
| Second Chance Fisheries, LLC | $151,006 |
| Tonnessen Fisheries, Inc. | $149,605 |
| J & M Fishing, Inc. | $146,389 |
| Hear No Evil Fishing Corporation | $142,369 |
| Wayne Electric and Alarm | $135,613 |
| Seaside Masonry, LLC | $135,000 |
| Ann M. Fishing Corporation | $133,365 |
| Zibet, Inc. | $132,395 |
| Bronco Fisheries, Inc. | $130,265 |
| Barley Family Health Care & Rehab, PC | $127,334 |
| BQC, Inc. | $124,225 |
| Allen Fisheries, Inc. | $122,172 |
| Admiral, Inc. | $115,057 |
| Nice Glide Fishing, LLC | $113,185 |
| Congregation of the Sacred Hearts-United States Province | $112,157 |
| Expedition Fishing Company, Inc. | $108,860 |
| Noreast Marine Systems, LLC | $108,000 |
| Boat Venture, Inc. | $104,097 |
| Costal Dental Associates, LLC | $92,932 |
| Elite Transportation, Inc. | $89,290 |
| Fairhaven Excavating, Inc. | $85,395 |
| Arctic Fresh Seafood, LLC | $85,041 |
| Sociable, LLC | $84,100 |
| Robert Harelick | $79,057 |
| Harbor Hydraulics & Machine, Inc. | $78,960 |
| Best Electricians, Inc. | $72,015 |
| A&R Home Improvements | $71,895 |
| VM Allen Fisheries, Inc. | $69,412 |
| Synergy Healthcare Corporation | $68,583 |
| Festiva Restaurant, Inc. | $66,283 |
| Denkev, Inc. | $65,903 |
| Athearn Marine Agency, Inc. | $62,183 |
| Ameritax Professionals, Inc. | $61,250 |
| BRW Property Services, Inc. | $61,100 |
| Stephen Kelleher Architects, Inc. | $61,050 |
| Eco Kids Learning Center, Inc. | $60,000 |
| Monaghan Printing Company, Inc. | $59,937 |
| Taylor Cultured Seafood | $54,500 |
| Jake's Diner, Inc. | $52,727 |
| Alynick's, Inc. | $51,597 |
| Saucier Welding and Fabrication, Inc. | $49,962 |
| Gamache Restaurant, Inc. | $49,215 |
| Calt's, Inc. | $48,756 |
| Eric Sylvia | $47,017 |
| KP Electric Company, Inc. | $45,262 |
| A1 Crane Company, Inc. | $45,022 |
| Flour Girls Baking Company LL | $44,954 |
| All Clean Window | $44,886 |
| Pizzeria Brick, Inc. | $43,400 |
| Vantage Realty Group, Inc. | $43,000 |
| RRR Auto Sales, Inc. | $42,535 |
| Commonwealth of Dominica Maritime Registry, Inc. | $41,600 |
| Roger Caron | $40,832 |
| Norman Lussier Plumbing & Heating, Inc. | $40,500 |
| Pauls Pinballs, Inc. | $40,085 |
| Bruce Gomes | $39,500 |
| Diligent Marine Services, Inc. | $37,300 |
| Dr. Michael J. Crowe rd | $36,967 |
| LA Gondola, Inc. | $36,955 |
| Micjama, Inc. | $35,510 |
| Ana Sousa | $35,125 |
| NSJ Trucking Company, Inc. | $35,000 |
| Nopper Marine | $34,600 |
| Roots & Daisies Hair Studio, LLC | $33,667 |
| Marinelli, Inc. | $33,600 |
| Katman Sports, LLC | $33,541 |
| FBC Construction, Inc. | $32,500 |
| Jonathan Furtado | $32,217 |
| Cuticles Nail Salon | $31,320 |
| Casey Anesthesia, Inc. | $28,425 |
| D R Services of Eastern Mass, LLC | $28,270 |
| Fourth and Long, Inc. | $27,860 |
| Signa Dental Care, LLC | $27,453 |
| Unger Leblanc, Inc. | $27,000 |
| New England Coast Foods, LLC | $25,875 |
| Chloe Nails and Spa, LLC | $25,210 |
| Bob Mercer's Sea & SKI, Inc. | $24,967 |
| Ferry Station, LLP | $24,500 |
| OLJ, Inc. | $22,750 |
Alerts Sign-up