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 23456
| Name of Borrower | Current Approved Amount |
|---|---|
| Gastrointestinal and Liver Specialist of Tidewater, PLLC | $3,386,900 |
| KCG Engineering Group, Inc. | $668,867 |
| Mission Foods, Inc. | $622,500 |
| Pleasant Ridge Auto Parts, Inc. | $485,973 |
| Sandbridge Properties, Inc. | $468,400 |
| H2D, LLC | $397,600 |
| Samaritan House, Inc. | $385,500 |
| Bear Concrete & Construction, Inc. | $353,900 |
| PDS, Inc. | $306,415 |
| Margie & Rays, Inc. | $298,000 |
| Clearview Eye Care | $287,622 |
| Cavu International, LLC | $281,955 |
| CHP Hardwood Flooring, Inc. | $278,200 |
| Abatement Technical Services, LLC | $276,500 |
| Anak Corporation | $271,730 |
| Sandbridge Realty, Inc. | $270,100 |
| Ihop #2092 | $267,100 |
| Anderson's Virginia Beach, LLC | $266,900 |
| H & T Collision Center, Inc. | $265,500 |
| Virginia Beach Veterinary Associates, LLC | $235,600 |
| JDY T/a Mcdonalds, Inc. | $234,760 |
| Engineering and Testing Services, Inc. | $234,400 |
| SDC Contracting, Inc. | $232,900 |
| Clearview Services, LLC | $228,192 |
| Mckown Pressure Washing, LLC | $221,700 |
| Jobolista Enterprises, LLC | $215,894 |
| John S Mancoll PLLC M.D. | $208,200 |
| CT Associates, Inc. | $207,000 |
| Adriaen Block Ventures, Inc. | $202,647 |
| Virginia Beach Field House, LLC | $198,735 |
| Rock Solid Surfaces, Inc. | $197,362 |
| Hunt Club of Virginia Beach, Inc. | $192,200 |
| All 4 One Home Healthcare Services, Inc. | $185,884 |
| Tall Oaks, Inc. | $183,750 |
| Cobra Canine, LLC | $183,094 |
| Ynot Italian VII, LLC | $181,100 |
| A Helping Hand HR, LLC | $162,100 |
| Harvest Outreach Ministries, Inc. | $160,000 |
| Slipow, Robusto & Kellam, P.C. | $158,600 |
| Lighthouse Dental Group, P.C. | $152,000 |
| Evergreen Property Management, Inc. | $150,900 |
| Coastal Virginia Oral and Maxillofacial Surgery, PC | $150,000 |
| El Gran Rodeo Landstown, Inc. | $149,476 |
| Ocean Rentals, Ltd. | $148,100 |
| Coastal Landscaptes, Inc. | $144,700 |
| Wego, Inc. | $143,900 |
| Sandbridge Restaurant Corporation | $143,300 |
| Pungo Pizza & Ice Cream, Inc. | $138,000 |
| Safe House Property Inspections, LLC | $137,500 |
| Courthouse Community United Methodist Church, Inc. | $137,395 |
| DDJ Company, LLC | $137,300 |
| Resource Building Corporation | $134,800 |
| Cowan Restaurant Group, Inc. | $133,900 |
| Coastal Family Practice, PC | $131,300 |
| Back Bay Boys, Inc. | $129,400 |
| Coastal Insurance Services, LLC | $129,300 |
| Gonz, Inc. | $124,572 |
| St. Michael Lutheran Church | $124,200 |
| W Anthony Meares DDC MS, PC | $119,100 |
| Equi-Kids Therapeutic Riding Center | $118,500 |
| Sandbridge Blue, LLC | $117,800 |
| Sygs T/a Mcdonalds, Inc. | $116,637 |
| Virginia Beach Golf Club, LLC | $116,450 |
| Health Care Services of Hampton Roads, Inc. | $115,600 |
| Kyle and Kristina Davis, LLC | $113,400 |
| Platinum Eye Care, LLC | $111,330 |
| Virginia Rush Soccer, Inc. | $111,000 |
| Our Promise, LLC | $110,700 |
| Super Ninja Japanese Steakhouse, Inc. | $110,000 |
| Airfinance Management, Inc. | $108,605 |
| Coastal Community Church of Virginia Beach | $108,300 |
| Ryan Painting Limited | $108,200 |
| Coastal Creations, Inc. | $107,649 |
| M&L Management Solutions, LLC | $104,000 |
| Quality Turf, Inc. | $103,600 |
| The Sanctuary at False Cape Condominium Association | $103,600 |
| 44 Fitness, Inc. | $101,281 |
| Eti Environmental, Inc. | $97,900 |
| Anderson & Associates, PC | $93,033 |
| Essential Church | $90,600 |
| Beach Manor School, Inc. | $90,200 |
| Beach Pros, Inc. | $90,000 |
| Gordon Scott Consulting & Investment, LLC | $89,500 |
| Heron Ridge Golf Club, LLC | $89,200 |
| FDKB, Inc. | $89,035 |
| Last Chance, Inc. | $86,250 |
| RF Concepts, Inc. | $84,557 |
| Bruton Enterprises II, Inc. | $84,400 |
| Dream Team Collision, Inc. | $83,817 |
| 43 Wellness, LLC | $83,810 |
| Tile Essentials, LLC | $83,792 |
| Inlet Fitness South, Inc. | $82,800 |
| FJ Foodservice, LLC | $82,500 |
| Nails Plus | $81,418 |
| Studiyo Muse, LLC | $81,200 |
| No Walls, LLC | $79,600 |
| Sandbridge Seaside Market | $79,500 |
| Lvmy Clips, LLC | $77,987 |
| Coastal Landscapes Nursery, Inc. | $77,000 |
| Pungo Veterinary Clinic, LLC | $76,489 |
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