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 96094
| Name of Borrower | Current Approved Amount |
|---|---|
| Personnel Preference, Inc. | $623,500 |
| Shasta View Estates, Inc. | $468,695 |
| Solano's, Inc. | $399,200 |
| Siskiyou Development Company, Inc. | $398,900 |
| SW Maintenance Corporation | $300,000 |
| Great Northern Services | $276,993 |
| Pacific States Treating, Inc. | $192,500 |
| Lake Shastina Golf, LLC | $104,500 |
| Pappas Family Enterprises, Inc. | $82,000 |
| High Mountain Transport, Inc. | $75,844 |
| Steve F. Rock | $71,707 |
| Randhawa Hotel, LLC | $68,495 |
| Khalsaji, Inc. | $56,160 |
| AWM Construction, Inc. | $50,600 |
| Mounnt Shasta Hospitality, Inc. | $50,426 |
| S&J Shelton, Inc. | $47,937 |
| Reed Painting, Inc. | $36,500 |
| Shasta View Gift Shoppe | $35,052 |
| Todd Weaver, D.D.S. | $34,060 |
| Jefferson State Services, Inc. | $31,252 |
| Mt. Shasta Brewing Co. | $29,600 |
| Encompass Resources, Inc. | $29,500 |
| Cascade Emergency Medicine, Inc. | $24,791 |
| Siskiyou Land Trust | $21,015 |
| Fernando Gomez | $20,832 |
| Michele Beth Carchman | $20,765 |
| Maruti Liquors, Inc. | $20,554 |
| Batchelder Properties | $20,400 |
| Enjoy Weed, Inc. | $20,115 |
| Eric Matthew Montgomery | $17,574 |
| Holy Family Parish Weed | $16,200 |
| Darren Harris | $15,000 |
| Sacred Mountain Spa, LLC | $14,697 |
| Siskiyou Muffler and Auto Repair | $14,152 |
| William G. Repetto | $13,865 |
| Acquisition Real Estate Investing, LLC | $13,127 |
| Dickens Electric Company | $12,200 |
| Turners Carpets ETC., Inc. | $10,600 |
| Rob Shelton | $10,000 |
| Win-Win Cleaning Services | $9,957 |
| Angel Face Botanicals, Inc. | $9,500 |
| Health Quest Physical Therapy & Fitness Center, Inc. | $9,400 |
| Angelo E. Tonozzi | $6,250 |
| Darin Quigley | $6,062 |
| Zwanziger Land & Cattle Corporation | $5,900 |
| Integrated Success | $5,829 |
| Terence Campbell | $5,792 |
| Black Butte Coffee Company | $5,542 |
| Weed Chamber of Commerce | $5,207 |
| Sara Rachel Robinson | $5,121 |
| Remodeling Your Health | $3,935 |
| Liz Winterhawk | $3,200 |
| Wonderful Life Studios, Inc. | $2,100 |
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