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 10560
| Name of Borrower | Current Approved Amount |
|---|---|
| Community Based Services, Inc. | $2,500,900 |
| Zino Nurseries and Landscaping, Inc. | $1,037,500 |
| Westchester Exceptional Children, Inc. | $525,200 |
| Purdy's Farmer & the Fish, LLC | $516,545 |
| Kinderwise Learning Associates, LLC | $512,400 |
| Air Professional Associates, LLC | $509,433 |
| Early Intervention, LLC | $473,393 |
| Friends of Karen, Inc. | $399,535 |
| Hunt Country Components, Ltd. | $369,045 |
| Salem Golf Club Associates, LLP | $308,700 |
| The Dutta Corporation | $175,700 |
| Richard P. O'Leary, Ltd. | $157,000 |
| KNI Pro Tec, Inc. | $149,142 |
| Medicanix, Inc. | $144,330 |
| Total Energy Corporation | $135,600 |
| Old Salem Farm Acquisition Corporation | $133,717 |
| Mackin Architects, PLLC | $118,782 |
| Meccanic Shop North | $118,500 |
| Hayfields, LLC | $118,167 |
| Concept Stone, Inc. | $115,135 |
| Harvest Moon Farm and Orchard, LLC | $112,500 |
| Gerhard Isop, Inc. | $105,800 |
| Riverside Farm, Ltd. | $100,165 |
| MG Benefits Consulting Group, LLC | $92,092 |
| Waste Management Reduction Services, LLC | $73,242 |
| North Salem Psychiatric Services, P.C. | $71,630 |
| Larkspur Farm, Inc. | $67,200 |
| Brewster Screen Printing, Inc. | $62,278 |
| Ground Breakers, Inc. | $60,900 |
| Pony Express Horse Transportation, Inc. | $58,837 |
| Rovitti Electrical Services | $54,515 |
| Ruth Keeler Memorial Library | $53,095 |
| Summit Farm Corporation | $52,700 |
| 207 Rosehill Productions | $52,624 |
| Triple E Tree Farms, Inc. | $50,250 |
| Thomas J Walsh Contracting, Inc. | $49,052 |
| Executive Dining Club, Inc. | $48,750 |
| Debbie Weinstein and Company | $48,500 |
| Kingsley Deli & Pizzeria, Inc. | $47,250 |
| Snow Hill Farm, LLC | $44,425 |
| World Management Resource Services, LLC | $43,327 |
| Todmar Network Solutions, LLC | $42,385 |
| Charlestown Enterprises, Inc. | $42,195 |
| Hardscrabble Supply, LLC | $41,065 |
| Northern Westchester Builders, Inc. | $40,500 |
| Butler Excavating Corporation | $38,345 |
| Builders Atelier Development Corporation | $37,000 |
| Lipari & Mangiameli Partnership | $36,729 |
| North Salem Audio, Inc. | $34,800 |
| Robert John Boniello Builders, Inc. | $34,375 |
| Lunar Sea Creative, Inc. | $30,200 |
| Arbor Books Incorporated | $30,012 |
| North Salem Nursery School | $29,155 |
| MP Associates of Westchester | $28,495 |
| St. James Church | $25,700 |
| Beyaert Farm, Inc. | $24,552 |
| Katonah Painting Company, Inc. | $22,980 |
| Roman Tytla | $22,600 |
| Willman Appliance Repair, Inc. | $22,500 |
| Kascade Enterprises, Inc. | $22,500 |
| Kochco Enterprises, Inc. | $21,900 |
| Brothers Covino | $21,100 |
| T. Taylor Construction Company | $20,833 |
| Meridian Administrators Corporation | $20,833 |
| Balanced Rock Consulting, Inc. | $20,832 |
| Outside Insight Consulting, LLC | $20,832 |
| Alban Haxhari | $20,832 |
| Margaret A. Clark | $20,800 |
| Sensory Theraplay Box | $20,800 |
| G. Bueti Management, Inc. | $20,800 |
| Autograph A2D, Inc. | $20,700 |
| Aedifex, LLC | $20,000 |
| North Salem Electric, Inc. | $19,771 |
| Pehquenakonck Country Club | $19,400 |
| Tia Cibani, LLC | $17,972 |
| The Acuity Group, LLC | $17,550 |
| Global Media Online Marketing, Inc. | $15,700 |
| Pietsch Gardens Cooperative, Inc. | $15,600 |
| Thomas G. Lemens Dba | $15,567 |
| C&J Aquarium, LLC | $14,700 |
| Hammond Museum, Inc. | $14,457 |
| Laurel Oak Landscaping of NY, Inc. | $13,282 |
| Perillo Associates Consulting | $12,732 |
| June and 116, LLC | $11,260 |
| Lola Granola Bar Corporation | $10,820 |
| Soulgrass, LLC | $9,582 |
| Cronin Electrical Contracting, LLC | $8,000 |
| Matthew Walter, Inc. | $7,400 |
| Salem Electric, Inc. | $7,260 |
| Mary D'Innocenzo | $7,205 |
| River Horse Farm, LLC | $7,000 |
| Patricia D. Edington Kravit Ph. | $6,700 |
| Gretchen Farrell Interiors, LLC | $6,440 |
| Little Tree Farm, Inc. | $6,352 |
| Huoy Chih Jean | $6,252 |
| Creative Music Lessons, LLC | $6,053 |
| Jennifer S. Yoel | $5,975 |
| Rob Friedland Production Services | $5,790 |
| Gwyneth Blackwell Senior Care Resources, Inc. | $5,700 |
| Michael J. Fitzgerald | $5,635 |
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