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 32953
| Name of Borrower | Current Approved Amount |
|---|---|
| Solaris Healthcare Merritt Island, LLC | $1,860,961 |
| Nelson Engineering Company | $1,597,600 |
| Ivey's Construction, Inc. | $791,148 |
| Medfast Urgent Care Centers, LLC | $491,857 |
| Heard Construction, Inc. | $424,608 |
| Nasa Exchange Council, Inc. | $377,796 |
| East Coast Christian Center, Inc. | $376,279 |
| Martinez Services, Inc. | $362,355 |
| Space Coast Orthopaedic Center, PL | $343,870 |
| Florida Cruise Ports, Inc. | $333,200 |
| Matthew W Coris PLLC DVM | $307,000 |
| Solaris Senior Living of Merritt Island, LLC | $287,889 |
| Mcnab & Mcnab Enterprises, Inc. | $262,830 |
| Calvary Chapel of Merritt Island | $249,003 |
| Aggarwal Medical Associates, LLC | $236,400 |
| Joi Scientific, Inc. | $234,494 |
| LA Casa ALF 2017, LLC | $228,892 |
| Divine Mercy Catholic Academy | $223,100 |
| Standard Marine & Ship Repair | $212,300 |
| Tuelcan, Inc. | $192,724 |
| Chematics of the South Restoration, Inc. | $189,000 |
| Jeffrey M Barlow PA, D.D.S. | $186,678 |
| J&J Floor C | $182,171 |
| Merritt Island Pharmacy, LLC | $172,082 |
| Rigdon Alexander & Rigdon, LLC | $166,072 |
| Land & Sea Surveying Concepts, Inc. | $159,882 |
| Caudill and Mcneight Orthodontics, PLLC | $158,065 |
| Scott G Milo PA, D.M.D. | $157,626 |
| Florida Prosthodontics, PA | $147,328 |
| Island Title & Escrow Agency, Inc. | $140,500 |
| Lightholder, Inc. | $140,129 |
| North Point Physicians, LLC | $138,000 |
| Chosa Courtenay Animal Hospital PA | $138,000 |
| Atlantic Coast Pediatrics PA, M.D. | $137,600 |
| Teen Missions International, Inc. | $135,037 |
| Merritt Island Foot & Ankle, Inc. | $133,100 |
| LRT Investments of Brevard | $132,500 |
| Chandandeep Wilkhu, PA, D.M.D. | $132,463 |
| Gunnstruction, Inc. | $131,224 |
| Frederick H Waggener PA, D.D.S. | $128,376 |
| DRY First, Inc. | $123,000 |
| Faith Lutheran Church | $122,708 |
| Aez Construction, Inc. | $122,022 |
| Divine Mercy Catholic Church | $121,600 |
| Smith Development and Construction, Inc. | $119,852 |
| Complete Care, LLC | $119,447 |
| Florida Retina Specialists, P. A. | $118,755 |
| Rcarverjr Enterprise, LLC | $117,050 |
| Kinley, LLC | $116,400 |
| Aquatic Health and Rehabilitation Services, Inc. | $114,100 |
| Grace United Methodist Church of Merritt Island, Inc. | $109,600 |
| Thrifty Produce, Inc. | $108,877 |
| Selig Solid Surface | $103,799 |
| National Catastrophe Partners, LLC | $102,641 |
| Ropatco, Inc. | $100,000 |
| Island Weight Clinic, Inc. | $96,400 |
| Village Flooring Plus, LLC | $96,000 |
| Ventana Group of Brevard, Inc. | $93,665 |
| Frank X Venzara PA, M.D. | $89,537 |
| New Image Concrete Construction, Inc. | $89,495 |
| LA Bella, Inc. | $87,500 |
| Allen Safety, LLC | $87,273 |
| Merritt Island Beefs, LLC | $87,100 |
| Austin Grant, Inc. | $87,100 |
| Stephane Naoumoff, M.D. | $86,700 |
| Randall B Rigdon, LLC | $83,780 |
| Cowling Eye Care | $83,240 |
| Tropical Realty & Investments of | $82,500 |
| A&M Therapy, Inc. | $80,937 |
| RV Communications, Inc. | $80,851 |
| Rhonda L Hinds & Associates CPA PA | $76,737 |
| Affordable on Time Nemt, LLC | $75,417 |
| Guardian Angel Adult Care Services, LLC | $74,335 |
| Gary Herbeck | $73,201 |
| Island Motor Sales, Inc. | $72,500 |
| Santa Cruz Construction, Inc. | $71,875 |
| Island Family Health, LLC | $71,798 |
| Pike Products, Inc. | $71,484 |
| Sheer Success, Inc. | $70,900 |
| Paradise Air & Heat, LLC | $70,000 |
| Paradise Garage Door Services | $69,497 |
| Brandt Ronat & Company | $67,500 |
| Green Wing Lawn & Pest Services, Inc. | $66,932 |
| OGRD, LLC | $65,500 |
| Flawless Finish, LLC | $65,100 |
| Marlowe Landscaping, Inc. | $64,670 |
| Beach Line Transportation | $64,350 |
| Firebrand Games, LLC | $63,888 |
| Coca Village Animal Wellness Center | $62,500 |
| East Coast Christian Academy, Inc. | $61,636 |
| Dewey Cubed, Inc. | $61,500 |
| Natali S Ibarra Animal Clinic | $61,264 |
| Mark Spilker Roofing Corporation | $60,000 |
| Inmon Radiator and Auto Air | $60,000 |
| Neurologic Associates of Central Brevard | $57,387 |
| Nicole M. Stevens, P. L., D.D.S. | $56,598 |
| Cape Crossing Vacation Rentals, LLC | $55,293 |
| G&M Auto, Inc. | $55,054 |
| Solutions Real Estate Group Corporation | $55,002 |
| Gentle Care Dentistry, Inc. | $54,837 |
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