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 34982
| Name of Borrower | Current Approved Amount |
|---|---|
| NSS Acquisition Corporation | $1,568,765 |
| Jetson T. V. & Appliance Centers, Inc. | $1,370,487 |
| Arrigo FT Pierce, LLC | $1,331,210 |
| Sunrise Ford Company | $1,203,400 |
| Auto Partners III, LLC | $959,575 |
| Midway Specialty Care Center, Inc. | $788,700 |
| Bev Smith of Fort Pierce II, Inc. | $783,500 |
| Kimberly Michael Corporation | $704,167 |
| Twin Vee Catamarans, Inc. | $609,500 |
| Garr Foot and Ankle | $575,000 |
| Gem Freshco, LLC | $561,587 |
| S Woods Industries, LLC | $528,300 |
| Garber FT Pierce, Inc. | $505,640 |
| JLR Treasure Coast, LLC | $492,750 |
| Personalized Services, Inc. | $482,000 |
| William Wallace Enterprises, Inc. | $457,000 |
| St. James Christian Academy, Inc. | $442,800 |
| Real Stone & Granite Corporation | $390,168 |
| Southeast Elevator, Inc. | $351,887 |
| Balzlie Auto, LLC | $318,470 |
| C. O. R. E. Program, Inc. | $316,180 |
| Chambers Truss, Inc. | $305,737 |
| Chemical Injection Technologies, Inc. | $299,500 |
| Nelson Family Farms, Inc. | $290,000 |
| Louden Bonded Pools -Sba Small 7a Term, Inc. | $274,750 |
| Twin Palm Builders, Inc. | $266,000 |
| Ronald Lyman PA, D.V.M | $250,500 |
| Associates in Infectious Diseases, LLC | $235,100 |
| Dirty Deeds Construction Cleaning, Inc. | $229,662 |
| Pruitt Industrial Electrical Contractor, LLC | $220,200 |
| Sunrise Motor Vehicles, Inc. | $215,800 |
| Unique Tool & Die, LLC | $201,120 |
| White City Land Clearing -Sba Small 7a Term, LLC | $200,000 |
| Club Pure, Inc. | $196,341 |
| K. R. K. Enterprises, Inc. | $183,000 |
| Baruch Auto Sales | $175,890 |
| Indian River Insulation Company, Inc. | $174,500 |
| Primary Electrical Contractors, Inc. | $174,000 |
| Ludovico's Cabinets and Interiors, Inc. | $166,252 |
| Kidlife Preschool | $157,900 |
| South Florida Aluminum Products, LLC | $156,000 |
| Larry Neese, LLC | $154,900 |
| Your Way Construction, LLC | $152,500 |
| Total Supply Corporation | $152,112 |
| Sparks & Sparks, LLC | $145,500 |
| Bean Drywall, Inc. | $143,300 |
| Tubito Painting of South Florida, LLC | $139,000 |
| Sun Grove Montessori School, Inc. | $138,733 |
| Plantation Shutters Florida, Inc. | $130,055 |
| Serenity Broadmoor | $129,700 |
| All Area Roofing & Construction, Inc. | $125,000 |
| Sports Imaging Centers, LLC | $122,937 |
| Active Mobility and Design, Inc. | $116,283 |
| Florida Solar Products, Inc. | $114,500 |
| Tropical Imports by Damar, LLC | $112,000 |
| Shannon Clark, P. A., O.D. | $111,576 |
| Maureen a Zelinka, PA, M.D. | $109,445 |
| Snyder's Cooling and Heating, Inc. | $108,800 |
| Ocean Chiropractic and Health Center | $108,203 |
| Kylecorp Incorporated | $106,695 |
| Midway Primary Care, LLC | $105,500 |
| Mustard Seed Minitries of Fort Pierce in-Sba Small 7a Term | $105,400 |
| Classic Car Coating, Inc. | $104,900 |
| John Jacobs Construction -Sba Small 7a Term, Inc. | $104,167 |
| OCD Kids, Inc. | $101,300 |
| Native Green Pest Control & Fertilization, LLC | $101,158 |
| St. Lucie Title Services, Inc. | $100,000 |
| RCS Auto Sales, LLC | $99,997 |
| Midway Immunology and Research | $99,700 |
| Gator Trace Golf & Country Club, LC. | $99,517 |
| Shapiro Family Dentistry of Fort Pierce | $88,585 |
| Education's Electric, Inc. | $87,500 |
| Best Value Pawn, Inc. | $87,500 |
| St. Lucie Discount Furniture, Inc. | $87,237 |
| Precision Pizza, Inc. | $86,600 |
| United Way of St. Lucie County, Inc. | $84,500 |
| Affordable Auto Painting, Inc. | $82,250 |
| A-1 Construction Company -Sba Small 7a Term, Inc. | $79,000 |
| SLC Health Access Network, Inc. | $76,800 |
| Jim Childs Tax Service, Inc. | $72,943 |
| Emil Laviola Custom Homes, LLC | $72,500 |
| L. A. S & J. B, Inc. | $70,400 |
| Leak Busters Roof Repair, LLC | $70,000 |
| Custom Millwork USA | $69,600 |
| Xtreme Electrical Services, Inc. | $69,400 |
| Sunrise Academy of Excellence, LLC | $68,800 |
| Advanced Care Emergi-Center & Occupational Health Clinic, in | $68,135 |
| Advantage Air Conditioning of the Treasu | $68,045 |
| Wildar, Inc. | $67,797 |
| E-Z Pay Cars, LLC | $65,500 |
| J W Automotive, Inc. | $64,800 |
| Champion Turf, LLC | $64,650 |
| Sheilas Best Hydroponics, LLC | $63,000 |
| Church of God Prince of Peace of Port St. Lucie, Inc. | $62,919 |
| Carters Concrete Construction, Inc. | $62,692 |
| Arnoff Moving and Storage of Florida, Inc. | $62,500 |
| Auto Rescue, Inc. | $62,300 |
| Syed Shafeeq Ur Rahman, PA | $60,900 |
| Bill Knight Insurance Agency, Inc. | $60,563 |
| Joe's Electric of St. Lucie County, Inc. | $59,500 |
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