There were 60 PPP loans issued in Pennsylvania during the week ending June 14. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Grant-Williams Global | 2020-06-08 | $350,000-1 million |
Red Diamond Trucking Company, Inc. | 2020-06-08 | $350,000-1 million |
Be Amazing, LLC | 2020-06-08 | $150,000-350,000 |
Fluid Power, Inc. | 2020-06-08 | $150,000-350,000 |
Innovative Building Solutions, LLC | 2020-06-08 | $150,000-350,000 |
Mcaps, LLC | 2020-06-08 | $150,000-350,000 |
MJ Urban Renewal, Inc. | 2020-06-08 | $150,000-350,000 |
Modesto Services, LLC | 2020-06-08 | $150,000-350,000 |
Richard a Brazon | 2020-06-08 | $150,000-350,000 |
Smile Culture, PC | 2020-06-08 | $150,000-350,000 |
Star & SKY Restore, LLC | 2020-06-08 | $150,000-350,000 |
The Dominican's Beauty Salon Corporation | 2020-06-08 | $150,000-350,000 |
The Lerro Corporation | 2020-06-08 | $150,000-350,000 |
Yokoso Japanese Steakhouse, Inc. | 2020-06-08 | $150,000-350,000 |
The Growing Place Center for Care and Learning of Salem-St. Paul Evangelical Luth | 2020-06-09 | $350,000-1 million |
ARQ, LLC | 2020-06-09 | $150,000-350,000 |
Balatel Communications, Inc. | 2020-06-09 | $150,000-350,000 |
Career Advantage of Mercer Company, Inc. | 2020-06-09 | $150,000-350,000 |
Pike Cafe, Inc. | 2020-06-09 | $150,000-350,000 |
Synchrony Scientific Communications | 2020-06-09 | $150,000-350,000 |
Decisionone Corporation | 2020-06-10 | $5-10 million |
Simpson Senior Services | 2020-06-10 | $2-5 million |
Sab Services, LLC | 2020-06-10 | $1-2 million |
Edward a Reider, Inc. | 2020-06-10 | $350,000-1 million |
Liberty Flooring, LLC | 2020-06-10 | $350,000-1 million |
A Step Above House Cleaning Services, Inc. | 2020-06-10 | $150,000-350,000 |
East Dragon Restaurant, Inc. | 2020-06-10 | $150,000-350,000 |
Feeney's Nursery, Inc. | 2020-06-10 | $150,000-350,000 |
Keystone Contracting, Inc. | 2020-06-10 | $150,000-350,000 |
Linguis-Techs, Inc. | 2020-06-10 | $150,000-350,000 |
Pennsylvania Hope Home Health Care | 2020-06-10 | $150,000-350,000 |
Professional Dental Associates | 2020-06-10 | $150,000-350,000 |
Kidspeace National Centers, Inc. | 2020-06-11 | $5-10 million |
Kay, Tabas, & Niknam Ophthalmology Associates | 2020-06-11 | $350,000-1 million |
Robo Construction, LLC | 2020-06-11 | $350,000-1 million |
Tri-County Rural Electric Cooperative, Inc. | 2020-06-11 | $350,000-1 million |
544 York Partners, LLC | 2020-06-11 | $150,000-350,000 |
Color Reflections, Inc. | 2020-06-11 | $150,000-350,000 |
Peter's Salon & European Spa, LLC | 2020-06-11 | $150,000-350,000 |
Philadelphia Mental Health Clinic | 2020-06-11 | $150,000-350,000 |
Sea of Smiles 1, PLLC | 2020-06-11 | $150,000-350,000 |
Top Notch Racing | 2020-06-11 | $150,000-350,000 |
Cedar Haven Acquisition, LLC | 2020-06-12 | $2-5 million |
ELK Haven Nursing Home Association | 2020-06-12 | $1-2 million |
WL Roenigk, Inc. | 2020-06-12 | $1-2 million |
Atlantic Coast Athletic Clubs, L. P. | 2020-06-12 | $350,000-1 million |
360 Project Management, LLC | 2020-06-12 | $150,000-350,000 |
Attix Enterprises, Inc. | 2020-06-12 | $150,000-350,000 |
Bryn Mawr Theatre Film Institute | 2020-06-12 | $150,000-350,000 |
Christopher E Werner, D.D.S. | 2020-06-12 | $150,000-350,000 |
JP Warner Associates, Inc. | 2020-06-12 | $150,000-350,000 |
Legal Search, Inc. | 2020-06-12 | $150,000-350,000 |
Plymouth Tavern | 2020-06-12 | $150,000-350,000 |
Professional Duplicating, Inc. | 2020-06-12 | $150,000-350,000 |
Prsus, Inc. | 2020-06-12 | $150,000-350,000 |
Trustees of the Synod of the Reformed Presbyterian Church of | 2020-06-12 | $150,000-350,000 |
Apiradee Boutique, LLC | 2020-06-13 | $350,000-1 million |
Nittany Industries, Inc. | 2020-06-13 | $150,000-350,000 |
K Weaver Properties, LLC | 2020-06-14 | $1-2 million |
Jamison, LLC | 2020-06-14 | $350,000-1 million |