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 96093
| Name of Borrower | Current Approved Amount |
|---|---|
| Mountain Communties Healthcare District | $1,749,900 |
| Eagle Rock, Inc. | $166,729 |
| B Sharp Electrical Contract, Inc. | $150,000 |
| Trinity Animal Hospital, Inc. | $150,000 |
| Trinity ALPS Golf and Country Club, LLC | $134,500 |
| Trinity Lumber | $111,739 |
| Flowra | $103,174 |
| Silver Top Tree Service, Inc. | $91,580 |
| Trinity Heating & Air Conditioning Corporation | $79,919 |
| Simpson Living Trust Ua 12/13/96 | $77,900 |
| Storckman Plumbing, Inc. | $77,740 |
| Majestic Tree, Inc. | $72,910 |
| Himalayan Bowls | $60,000 |
| Northwest CA Resource Conservation & Development Council | $56,600 |
| CH Fuel, Inc. | $53,000 |
| WRA Enterprises, Inc. | $51,500 |
| Daniel Harwood | $45,700 |
| Lauderdale Motors | $41,500 |
| Donald Krouse, Inc., M.D. | $39,120 |
| Scott's Culinary Enterprises, Inc. | $38,900 |
| Maruti WVRVL Oil, Inc. | $38,200 |
| Human Response Network, Inc. | $37,321 |
| Mountain Chapel Assembly of God of Weaverville | $34,400 |
| Underwood Law Offices, P.C. | $27,407 |
| Golden Age Center | $25,768 |
| Nancy Brown | $24,700 |
| Main Street Automotive | $23,700 |
| Ricardo Pubill Insurance Agency | $21,000 |
| Michael O Hopko, Inc. | $20,300 |
| Mccampbell Development | $17,300 |
| Concrete Aggregate Products, Inc. | $14,168 |
| Pastor of St. Patrick Parish | $14,100 |
| Hilburn Construction | $12,287 |
| Plumbing Plus Construction Services, Inc. | $11,200 |
| Matthew Dover | $10,700 |
| Turtle Pine, Inc. | $8,132 |
| Trinity Congregational Church | $6,921 |
| Weaverville Glass & Son | $6,800 |
| Granite Peak Enterprises, Inc. | $4,882 |
| Kelly Obrien | $4,692 |
| Kaelyn Bauman | $4,653 |
| Reno McFadden | $4,464 |
| Weaverville Full Gospel Community Church | $4,300 |
| Kaitlyn Trujillo | $3,993 |
| Development Investments, LLC | $2,500 |
| Tammie Huff | $1,352 |
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