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 |
|---|---|
| People Incorporated | $7,265,572 |
| Shaw-Lundquist Associates, Inc. | $2,000,000 |
| White House Custom Colour, Inc. | $2,000,000 |
| Proact, Inc. | $1,925,270 |
| Twin City Tile and Marble Company | $1,886,949 |
| Grazzini Brothers & Company | $1,830,048 |
| St. Paul Linoleum & Carpet Company | $1,671,319 |
| Tempworks Management Services, Inc. | $1,667,895 |
| Inside Edge Commercial Interior Services, LLC | $1,632,500 |
| Bell International Labs, Inc. | $1,377,800 |
| Real Estate Equities Development, LLC | $1,014,810 |
| Lone Oak Store, LLC | $956,200 |
| Cereals & Grains Association (Formerly | $879,279 |
| TMI Coatings, Inc. | $865,248 |
| Aca International, Inc. | $820,335 |
| Recombinetics, Inc. | $766,200 |
| Sushi Avenue, Inc. | $723,632 |
| The First Impression Group | $721,736 |
| Northern Power Products, Inc. | $664,470 |
| Summit Information Resources, Inc. | $556,405 |
| ASK, LLP | $538,950 |
| Capitol Sales Company, Inc. | $505,000 |
| Api Outsourcing, Inc. | $504,500 |
| US Math Recovery Council | $480,000 |
| 1st St. NW, Inc. | $468,395 |
| Implant Resource, Inc. | $419,688 |
| Children's Therapy Center, Inc. | $414,660 |
| Martinez Geospatial, Inc. | $412,993 |
| Blue Net, Inc. | $403,593 |
| Optimus Courier, LLC | $380,837 |
| American Carton and Polybag, Inc. | $361,806 |
| Rev Soccer Club | $358,900 |
| Plastic Promotions, Inc. | $350,308 |
| R. L. Bodeker & Sons, Inc. | $337,816 |
| Power Systems Research, Inc. | $335,439 |
| Trutna Enterprises, Inc. | $323,000 |
| Storm Creek | $308,800 |
| Blanda, Inc. | $295,000 |
| Abbott Graphics, Inc. | $290,300 |
| Crescent Training | $284,597 |
| North American Systems International, Inc. | $283,452 |
| Vanguard Graphics International, LLC | $278,200 |
| Bennerotte & Associates PA, Inc. | $264,100 |
| Jomar Freight Delivery, Inc. | $229,448 |
| Pampered Pet Resorts, Inc. | $228,275 |
| Blue Rhino Studio, Inc. | $224,392 |
| Compaction Technologies, Inc. | $222,442 |
| MLP Home Mortgage, Inc. | $213,200 |
| Cardia, Inc. | $211,558 |
| MSG Minnesota, Inc. | $211,302 |
| GRH, Inc. | $210,027 |
| Final Final Brewing, LLC | $206,053 |
| Bourget Imports | $197,723 |
| 3 Kids & US, LLC | $196,750 |
| Vast Logistics, Inc. | $190,060 |
| Prime General Contractors, LLC | $185,753 |
| Stronghold Safety, LLC | $182,385 |
| Sieben Polk P. A. | $174,830 |
| Sheridan & Dulas Professional Association | $167,282 |
| Eagan Dental Associates | $160,355 |
| Copy-Right, LLC | $152,410 |
| Formula Corporation | $152,120 |
| Paper Roll Products, LLC | $151,123 |
| Millenium Center for Performing ARTS, Inc. | $150,000 |
| Cerrito Colorado | $149,500 |
| Bo-Decor Metal Finishing, Inc. | $144,675 |
| Sovran, Inc. | $144,315 |
| Usta Northern | $141,600 |
| Durabotics, Inc. | $140,100 |
| Capital City Construction and Remediation, LLC | $140,052 |
| Wildcats Bar & Grill, LLC | $139,601 |
| Air Care-Go, Inc. | $137,830 |
| Telecom Technologies, Inc. | $134,554 |
| St. Paul Lighting | $133,520 |
| Great Northern Builders, LLC | $128,790 |
| LF3 Eagan TRS, LLC | $128,500 |
| Jai Shriram, Inc. | $128,198 |
| Richfield Flowers & Events, Inc. | $126,595 |
| Lasermark, Inc. | $115,200 |
| Expressive Printing, Inc. | $112,833 |
| Osman Properties, Inc. | $105,885 |
| Plantra, Inc. | $105,559 |
| TCO, LLC | $104,058 |
| Fratelli TRE, Inc. | $101,674 |
| Foley Management, LLC | $98,744 |
| Dove Montessori, LLC | $98,500 |
| Frank Eagan, LLC | $92,821 |
| Empire Residential Opportunity Fund IV, LLC | $89,848 |
| B & K Relocation, LLC | $87,900 |
| ME Eagan, Inc. | $86,300 |
| Besser Welding & Fabrication, Inc. | $81,945 |
| Emerson Technology | $76,814 |
| Law Library Microform Consortium | $75,896 |
| Central Nails, Inc. | $71,812 |
| DC Group Professional Corporation | $66,450 |
| Freightmasters Logistics, Inc. | $65,942 |
| Eagan Convention & Visitors Bureau | $63,000 |
| South Minneapolis Walk-in Clinic, LLC | $58,443 |
| Burnham Transfer, Inc. | $56,275 |
| Wal-Zon Transfer, Inc. | $55,250 |
Alerts Sign-up