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 |
|---|---|
| Laidig Systems, Inc. | $1,659,904 |
| South Bend Modern Molding, Inc. | $792,300 |
| Valley Screen Process Company, Inc. | $698,800 |
| Maron Products Incorporated | $587,593 |
| Pesek, Inc. | $536,400 |
| OJS Building Services, Inc. | $485,100 |
| Penz Products, Inc. | $439,950 |
| Ziker Cleaners, Inc. | $422,700 |
| Michiana Global Mold, LLC | $418,200 |
| Peanutbutter, Inc. | $399,500 |
| Hammer Plastics, Inc. | $382,623 |
| Precision Electric, Inc. | $369,710 |
| United Tool & Engineering, Inc. | $338,693 |
| Market Fresh Gourmet, Inc. | $300,600 |
| Dearborn Crane and Engineering Company | $286,080 |
| J Q Tex, Inc. | $241,200 |
| Champion Tool & Engineering, Inc. | $234,765 |
| Coffel Vending Company | $233,300 |
| Queen of Peace Church | $204,624 |
| Recreational Club Management, Inc. | $175,030 |
| Builders Iron Works, Inc. | $168,400 |
| Arkos Design, Inc. | $168,000 |
| Weaver Electric & Heating Corporation | $154,039 |
| Center for Eye-Care Excellence | $150,993 |
| Toolmaster, Inc. | $144,500 |
| Integrity Accounting Services, Inc. | $141,895 |
| Diltz and Sons, LLP | $140,635 |
| Fox Fire Safety, Inc. | $139,938 |
| T Productions, Inc. | $132,865 |
| Phillip Emerson | $115,898 |
| Facility Mechanical Services | $109,030 |
| Talent Source Staffing, Inc. | $104,365 |
| BTB Cater, Inc. | $103,700 |
| Zzzippy, LLC | $103,207 |
| My Best Friend Services, Inc. | $96,717 |
| Chicory of Mishawaka, Inc. | $94,069 |
| The Prized Pig, LLC | $89,800 |
| Phoenix Restaurant, Inc. | $78,827 |
| Hannah's House | $75,900 |
| Drike, Inc. | $75,300 |
| Aardvark Pest Control, Inc. | $73,562 |
| Oliva Bar and Restaurant, LLC | $72,200 |
| TRI State Maintenance South Bend, LLC | $65,000 |
| DR Laura L Helman, Inc. | $63,775 |
| Stouffer Industries, Inc. | $61,500 |
| CRPD, LLC | $61,500 |
| Great Lakes Property Maintainance, Inc. | $57,900 |
| UHS, LLC | $57,500 |
| B & F Machine Products, Inc. | $54,000 |
| Debbie Werbrouck's School of Dance, Inc. | $52,865 |
| Midstates Elevator Company, Inc. | $49,400 |
| Glenn Shultz Agency, Inc. | $48,542 |
| John C. Renner | $48,100 |
| Mishawaka Athletic Club | $47,330 |
| West END Bakery II, LLC | $46,958 |
| Kovac Express, Inc. | $46,200 |
| Walts Septic Inspections, LLC | $46,090 |
| Twisted Salon, Inc. | $42,139 |
| First United Methodist Church | $41,854 |
| Schindler Olson Currey & Dendiu | $41,600 |
| Weathertite Seamless Gutters, Inc. | $40,747 |
| ABC Learning Academy Too!, LLC | $40,045 |
| Brown Distributing Company, Inc. | $40,000 |
| Grandson Trucking Company, LLC | $37,700 |
| Martin Miller | $37,110 |
| Vic Trippel Plumbing & Heating | $36,527 |
| Wesley Hahn | $35,913 |
| Hinges & Handles, Inc. | $35,300 |
| South Bend Mental Health Associates, P.C. | $34,900 |
| NXT Company, LLC | $32,022 |
| Tmaez, Inc. | $31,900 |
| Biomineral Systems, LLC | $31,250 |
| Coalbush United Methodist Church, Inc. | $30,100 |
| ABC Learn N Play, Inc. | $29,366 |
| Irish Aquatics, Inc. | $29,000 |
| Superior Environmental Remediation 90, Inc. | $28,900 |
| Superior Environmental Remediation 90 in | $28,900 |
| American Espresso Catering Company | $27,507 |
| Fisk Plumbing, Inc. | $27,300 |
| ASM Automation, LLC | $27,239 |
| First English Evangelical Lutheran Church Mishawaka | $25,300 |
| Clover Roofing, LLC | $25,242 |
| Mishawaka Food Pantry, Inc. | $23,129 |
| Hilltop Farms Mishawaka in, Inc. | $22,500 |
| Ann M Schreiber PC, D.D.S. | $22,000 |
| Ivy Chirwa | $20,833 |
| Damisha Lewis | $20,833 |
| Mary Sciba | $20,833 |
| Ahgaddes Haynes | $20,833 |
| Skylar Clark | $20,833 |
| Ronnika Blake | $20,833 |
| David Johnson | $20,833 |
| Charmaine Collins | $20,833 |
| Gregg Hixenbaugh | $20,833 |
| Kristine Zentz | $20,833 |
| Andre Curry | $20,833 |
| Ronnika Blake | $20,833 |
| Antaisja Rucker | $20,833 |
| Charles Joiner | $20,833 |
| Greenbriar & Associates, LLC | $20,833 |
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