The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 12308
| Name of Borrower | Current Approved Amount |
|---|---|
| Schenectady Pulmonary and Critical Care | $1,221,821 |
| Daily Gazette Company | $1,192,500 |
| Schenectady Anesthesia Associates, Professional Corporation | $1,062,875 |
| Benchemark Printing, Inc. | $995,200 |
| Red-Kap Sales, Inc. | $795,340 |
| The M&P Lab, Inc. | $690,700 |
| Jackson Demolition Service, Inc. | $492,000 |
| Jackson Asset Recovery, LLC | $480,000 |
| Precision Industrial Maintenance, Inc. | $354,200 |
| Computer Professionals International, Inc. | $300,500 |
| Mars Hospitality, LLC | $270,920 |
| Precision Trenchless, LLC | $261,300 |
| Logical Net Corporation | $242,265 |
| Martin Environmental Services, Inc. | $238,100 |
| Dental Offices, LLP | $226,615 |
| Educational Vistas, Inc. | $224,875 |
| Tattersall Industries, LLC | $214,207 |
| RM Logistics Group, Inc. | $203,000 |
| Auterra, Inc. | $202,329 |
| B & H Wholesale Fence Company, LLC | $182,600 |
| New Way General Construction, Inc. | $155,000 |
| Deluke Orthodontics, PC | $147,320 |
| Kenneth D. Schwartz, P. C., D.D.S. | $139,300 |
| I M I T E C, Inc. | $135,580 |
| Tri-City Steel Erectors, Inc. | $132,000 |
| Altone Electric, LLC | $130,131 |
| Schenectady Floor Covering Incorporated | $128,587 |
| Capital Region Millwork Installations, LLC | $120,800 |
| Troy Ironworks, Inc. | $119,000 |
| Little Ones Nursery & Day Care, Inc. | $105,000 |
| Arket Electric, Inc. | $103,800 |
| Little Ones Too, Inc. | $100,000 |
| Cornell Cooperative Extension Association of Schenectady Cou | $100,000 |
| Turfco Lawn & Landscape, Inc. | $98,534 |
| The Bajan Group, Inc. | $96,500 |
| Fleming Physical Therapy Consultant, PC | $89,500 |
| Bis Copy Systems, Inc. | $85,255 |
| Niskayuna Community Day Care Center, Inc. | $83,400 |
| Schenectady Eye Surgery Associates, PLLC | $78,540 |
| Bendall and Mednick | $73,000 |
| Unlimited Construction, LLC | $69,787 |
| H&K Towing | $66,500 |
| Frank M. Putorti, JR., P.C. | $65,860 |
| Schaffer Heights Housing Corporation | $63,900 |
| Livingston Energy Group, LLC | $62,500 |
| Breault and Mcgovern, P. C., D.D.S. | $62,190 |
| Hernas Veterinary Clinic | $55,600 |
| JWM Management Group, LLC | $55,000 |
| St. John the Evangelist Church | $55,000 |
| Charles F Padula, PC, D.D.S. | $54,600 |
| Paul Englert | $53,790 |
| Unitarian Universalist Society of Schenectady | $52,600 |
| Schenectady Auto Service, Inc. | $47,326 |
| Guardian Concrete Products, Inc. | $46,456 |
| MPC Construction Services, LLC | $46,130 |
| Green Design Construct, LLC | $41,900 |
| Virtual Moving Technologies | $38,780 |
| Upstate Plastic Surgery, PC | $38,037 |
| Union Street Counseling Services, LLC | $37,195 |
| Simon's Rock Realty, LLC | $37,088 |
| Nott Street Medical, PLLC | $34,700 |
| Wheeler Heating and Cooling | $33,947 |
| Opitz Transmissions, Inc. | $33,250 |
| Bettina a. Pels-Wetzel, P. L. L. C., D.D.S. | $32,622 |
| Childhood Educational Associates, LLC | $32,500 |
| Riccitello's | $31,202 |
| Collins Chiropractic, P.C. | $30,910 |
| Stoney Lane Gril, Inc. | $30,483 |
| Nemil Hospitality, LLC | $29,642 |
| Creekside Creations Corporation | $29,200 |
| Ankers Auto Service, Inc. | $28,065 |
| Stacey Jean, Inc. | $26,643 |
| Yesfolk, LLC | $26,625 |
| Thomas Qualtere | $26,063 |
| Jennifer Kluth LLC D.M.D. | $23,515 |
| Choyo Wilson-Daniel | $20,833 |
| Care Health Associates, LLC | $20,833 |
| Charles Daniel | $20,833 |
| Entisar M. Ahmed | $20,832 |
| Shultz Home Services | $20,437 |
| Adeeb Abdulla | $20,400 |
| Om Guru Om Corporation | $17,260 |
| SR Studio, Inc. | $16,925 |
| Mangino's Gourmet Market, LLC | $16,200 |
| Mount Olivet Missionary Baptist Church | $16,038 |
| Capital District Hand Physical & Occupational Therapy Servic | $15,900 |
| Commercial Design Interiors | $14,505 |
| Bis Auto | $14,500 |
| The New Siclians Pizzeria, Inc. | $13,800 |
| Vranken Nail, Inc. | $11,977 |
| Kimberly Banker Jefferson Dba | $11,670 |
| Lucky Wok USA, Inc. | $11,650 |
| Capp Corporation | $11,038 |
| Pinewood One Enterprises | $10,990 |
| Chomsky Tanku Consulting, LLC | $10,592 |
| Gasp Wine & Liquor, LLC | $10,400 |
| Lavida Barkley | $10,042 |
| Albert Cappadozy | $9,863 |
| Brent R. Stephens Contracting, Inc. | $9,800 |
| Dars Auto Sales, LLC | $9,800 |
| Scotia-Glenville Pipe Band, Inc. | $7,882 |
| Jma & Associates | $7,600 |
| ALC Pest Management Corporation | $7,599 |
| Quant Distributors, Inc. | $7,500 |
| Shrijikripa Corporation | $7,400 |
| Wide Arc Media | $6,848 |
| Robert Bartlett | $5,665 |
| William T. Townsend | $5,600 |
| Vranken Deli & Grocery, Inc. | $5,352 |
| The Mooncatcher Project, Inc. | $5,122 |
| Rushmestuff, LLC | $5,000 |
| Clean and Care Cleaning Services, LLC | $4,200 |
| Scott Olsen Handyman Services, LLC | $4,000 |
| The Cherub Angels Day Care | $3,000 |
| Octavia Sanchez Reyes | $3,000 |
| Jacquelyn Marie Torres | $2,945 |
| Bright Morning Star, LLC | $2,275 |
| Annette E. Brooks | $1,087 |
| Ralph Brooks | $785 |
| Forrest Construction | $400 |
Alerts Sign-up