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 32952
| Name of Borrower | Current Approved Amount |
|---|---|
| All Points Logistics, LLC | $5,922,800 |
| Craig Technical Consulting, Inc. | $4,357,425 |
| EMF, Inc. | $1,217,481 |
| CDPG, PL | $1,106,868 |
| First Baptist Church Merritt Island | $963,574 |
| Merritt Island Air & Heat, Inc. | $748,722 |
| Boniface Chrysler Dodge, Inc. | $643,200 |
| Island Lincoln Mercury, Inc. | $630,000 |
| Brevard Concrete Paving, Inc. | $458,950 |
| Simple Transport, Inc. | $384,650 |
| Blue Bell Landscaping, Inc. | $306,841 |
| Jeffrey T. O'Brien, Inc., M.D. | $295,500 |
| Florida Alarm & Security Technologies, LLC | $254,000 |
| Florida Bow Thrusters Sales, Inc. | $237,780 |
| Seal Tight Roofing Experts-Sba Small 7a Term | $237,662 |
| Brevard Medical Equipment, Inc. | $211,106 |
| Duongvannak Keo PA, D.M.D. | $198,462 |
| Inline Express, Inc. | $195,320 |
| Hobbs Pharmacy United, Inc. | $191,046 |
| Hibiscus Dental PA | $188,987 |
| Amadyne Corp. | $186,727 |
| Runaway Transit, Inc. | $179,900 |
| MMV Express, Inc. | $175,996 |
| Keldorff, Inc. | $175,307 |
| Ayotte Carriers, Inc. | $175,000 |
| Migrandy Corporation | $172,030 |
| Ricochet Trucking, Inc. | $163,960 |
| Surgical Physician Assistants, LLC | $160,701 |
| Brevard Nephrology Group PA | $156,200 |
| Jones and Trevor Marketing, Inc. | $145,300 |
| A a Maintenance & Repairs, Inc. | $144,900 |
| Johnsen Ampphibious Marinre Contractors, Inc. | $140,000 |
| Turner Insurance Agencies, Inc. | $134,875 |
| ITW Enterprises, Inc. | $132,202 |
| Black's Spray, Inc. | $127,000 |
| L Fagan Enterprises, Inc. | $125,100 |
| B&H Police Supply, LLC | $111,575 |
| Anthony Sidor, P. A., D.D.S. | $103,435 |
| Kevin M Lynch PA, D.P.M. | $103,004 |
| Merritt Island Presbyterian Church, Inc. | $101,670 |
| Carewave, Inc. | $101,000 |
| New Era Marketing Consulting | $100,000 |
| Continental Motorcars, Inc. | $100,000 |
| Shree Anitha Prasanna, PA | $93,800 |
| M. B. Seafood Company, Inc. | $93,230 |
| Wealth Care, LLC | $93,118 |
| Construct-It, Inc. | $90,962 |
| Kaptivate, LLC | $88,750 |
| East Coast Tijuana Flats of Florida Franchise No 2, LLC | $88,106 |
| Mihai S Radu PA, M.D. | $81,926 |
| Flavors MI, LLC | $81,425 |
| Palisades Climb, LLC | $81,200 |
| Appliance Stockade | $80,500 |
| Brevard Accounting Group Cpa's PA | $79,610 |
| Custom Built Contracting, Inc. | $78,100 |
| C. G. Reed Land Clearing, Inc. | $77,700 |
| Damar Homes, Inc. | $75,212 |
| Composite Technologies M I, Inc. | $74,048 |
| Snyder Steel, Inc. | $68,563 |
| Merritt Island Center for Dentistry | $67,852 |
| Robbies at Your Service, Inc. | $61,489 |
| Bud Farrar Insurance Agency, Inc. | $61,334 |
| Darbyshire Heron, LLC | $61,250 |
| Regional Emergency Medicine Specialists | $59,796 |
| Destination Bound, Inc. | $58,800 |
| Class ACT Dentistry | $57,947 |
| Flinn Chiropractic, LLC | $57,500 |
| Vickers Automotive, Inc. | $56,883 |
| Jay Sriambe, LLC | $56,668 |
| Roper Plumbing, Inc. | $56,513 |
| Everett G Noetzel, LLC | $55,317 |
| Sebastian Communication, Inc. | $53,550 |
| Christopher Management, Inc. | $51,700 |
| Horizon Contractor Services, Inc. | $50,635 |
| Aeroserve Corporation | $50,410 |
| Triangle Auto & Tire Service, Inc. | $50,000 |
| HB Island, Inc. | $49,892 |
| APR1227, LLC | $48,750 |
| INT Towing & Salvage, Inc. | $48,541 |
| James C. Elmer, P. A., M.D. | $48,300 |
| Robert Ranew | $46,715 |
| T M T, Inc. | $46,000 |
| Bill & Renee Enterprises, Inc. | $45,748 |
| Ronco Aircraft & Marine, Inc. | $44,292 |
| Paresh Savani, P. A., M.D. | $43,750 |
| Kew, LLC | $43,000 |
| American Cabinet Mill and Supply, Inc. | $42,278 |
| Ron's European Auto Service of Brevard, Inc. | $42,239 |
| Pain Management of Brevard C, P L | $41,700 |
| Hedman & Wooten, P. A. | $41,636 |
| Otaal 3, Inc. | $40,505 |
| Bengel's Burgers Merritt Island, LLC | $38,500 |
| Custom Staffing Industry, LLC | $37,357 |
| Star Salon Spa | $36,378 |
| Apex Fabrication & Mechanics, LLC | $36,300 |
| Hokkaido | $35,977 |
| Keels N Wheels Transport, LLC | $35,900 |
| D Boys Auto | $35,200 |
| Tactful Elite Security Solutions, LLC | $35,000 |
| Peterson's Quality Lawn Service, Inc. | $34,884 |
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