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 44139
| Name of Borrower | Current Approved Amount |
|---|---|
| Cosmax USA, Inc. | $2,000,000 |
| Reimer Law Company | $1,913,715 |
| The Mercury Machine Company | $1,814,395 |
| Brennan Industries, Inc. | $1,801,115 |
| Marketplace Events, LLC | $1,618,062 |
| Cosmo Plastics Company | $1,522,330 |
| Superior Management, Inc. | $1,232,500 |
| RL Morrissey & Associates, Inc. | $1,195,657 |
| Precision Engineering & Contracting, Inc. | $1,098,175 |
| Pile Dynamics Esop, Inc. | $1,045,610 |
| Sensical, Inc. | $787,752 |
| Bardons & Oliver, Inc. | $782,302 |
| Brennan Industries Holding Company | $768,365 |
| PDI Ground Support Systems, Inc. | $695,280 |
| Fastener Tool & Supply, Inc. | $654,451 |
| Carron Asphalt Paving, Inc. | $624,755 |
| Radiological Service Training Institute, Inc. | $620,157 |
| TKS Holding, LLC | $601,882 |
| Partners Environmental Consulting, Inc. | $555,555 |
| Techtron Systems, Inc. | $538,287 |
| Advanced Roofing Systems, Inc. | $448,172 |
| AMG Marketing Resources, Inc. | $395,294 |
| Medical Quant USA, Inc. | $390,772 |
| Value World, Inc. | $385,537 |
| Jerpbak Bayless Company | $382,961 |
| Ohio Graphco, Inc. | $377,708 |
| Speedline Corporation | $376,948 |
| Sedlak Interiors, Inc. | $369,447 |
| Colortone Audio Visual Staging & Rentals, Inc. | $362,500 |
| Surface Materials Sales, Inc. | $357,028 |
| The Mercury Iron and Steel Company | $343,308 |
| Hostar International, Inc. | $340,800 |
| 3ST, LLC | $315,725 |
| Abbott Valve & Fitting Company | $295,783 |
| Kyntronics, Inc. | $290,319 |
| Avon Technician Staffing Solutions, Inc. | $283,485 |
| Delta Diversified, Inc. | $268,563 |
| Global Recruiting Source, LLC | $261,300 |
| O'Brien Construction, Inc. | $255,100 |
| Blue Collar M., L. L. C. | $253,541 |
| Exact Crane & Equipment Corporation | $253,200 |
| Omni, LLC | $250,285 |
| Parts Unlimited Inc., PC | $249,361 |
| T&K Tesser, LLC | $248,272 |
| Yours Truly of Solon, Inc. | $248,229 |
| R L Hill Management, Inc. | $242,865 |
| All Type Welding and Fabrication, Inc. | $238,510 |
| Scharton Electric Company, Inc. | $212,392 |
| A-1 Recycling Company, Inc. | $207,658 |
| Majestic Tool and Machine, Inc. | $206,500 |
| Jannx Medical Systems, Inc. | $201,775 |
| Success Pathways Alliance | $200,905 |
| Ohio Travel Bag, LLC | $195,863 |
| 911cellular, LLC | $187,390 |
| Labyrinth Sales Company, Inc. | $186,200 |
| Truenorth Holdings, Inc. | $185,000 |
| Advantage Technical Services, Inc. | $179,407 |
| Summit Ridge Education, LLC | $178,680 |
| Tatman Acquisition Corporation | $177,352 |
| MS Logistics, LLC | $170,520 |
| Alltech Medical Systems American | $164,400 |
| Great Lakes Hotel Group, LLC | $160,561 |
| Manchester RBG, LLC | $159,628 |
| Branded Distribution, LLC | $154,962 |
| Gary-Butch, Inc. | $154,438 |
| Station 43, LLC | $151,207 |
| Mansil Footwear, Inc. | $150,000 |
| Mpex Corporation | $150,000 |
| Pulse Labs Ai, Inc. | $149,900 |
| ILG Construction, LLC | $149,847 |
| ILG Construction, LLC | $149,845 |
| CHI Corporation | $149,120 |
| Zebra Skimmers Corporation | $146,800 |
| Dyna Infotech | $145,022 |
| Goldstein Group Communications, Inc. | $145,000 |
| Premier Executive Consultants, Inc. | $144,619 |
| Maury Rose, LLC | $142,500 |
| Glick Dental Associates, Inc. | $138,525 |
| Widewaters EDR Solon Hotel Company, LLC | $138,289 |
| 29765 Pettibone Road, LLC | $137,805 |
| Simple Recycling Massachusetts, Inc. | $137,334 |
| Shelburne Brands, LLC | $135,045 |
| Eat Earth Too, Inc. | $135,000 |
| Alesci's Place, Inc. | $134,400 |
| Gossi, Inc. | $133,505 |
| Amaltech, Inc. | $133,248 |
| Lawrence Victoria Insurance Agency, Inc. | $131,992 |
| Akesis Health, Inc. | $127,960 |
| Interstate Freight Carriers | $125,926 |
| Laura M. Walsh Inc., D.M.D. | $125,200 |
| Triple a Electric, Inc. | $123,645 |
| Solon Smiles DR Vladimir Khramoy and DR Ellen Friedman, LLC | $121,385 |
| HLW Logistics, LLC | $118,930 |
| Pressure Components, Inc. | $118,375 |
| Trustiphi, LLC | $117,000 |
| Lucas D Mcguire MSD LLC D.M.D. | $116,100 |
| Chabad Jewish Center of Solon | $115,400 |
| David & Jane Silk Inc., D.D.S. | $114,999 |
| ANTH3M Enterprises | $114,157 |
| Genesis Plastic Technologies, LLC | $111,250 |
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