Quantcast

Aroostook News

Saturday, November 2, 2024

These are the top 50 largest PPP loans in 2021 in ZIP Code 04756

Innovation

Here are the top 50 largest PPP loans provided in 2021 to small businesses in ZIP Code 04756, according to the US Small Business Administration.

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 50 largest PPP loans in 2021 in ZIP Code 04756
Name of BorrowerCurrent Approved Amount
Valley Security Services$91,700
St. John Valley Associates, Inc.$76,384
INN of Acadia Operations, LLC$73,500
Big Ricks Burgers and Wings, LLC$57,800
Jeff's Pizza, LLC$37,326
PSC Holdings, Inc.$31,400
Bob's Service Center, Inc.$30,000
Larry Beaulieu$28,000
Tobey Cyr$22,142
H & S Garage, Inc.$22,137
Thomas O. Cyr Post No. 147 the American Legion$21,699
Bob's Neighborhood Store, Inc.$21,005
Tina Boucher$20,833
Ronald Crawford IV$20,833
Joseph Hood$20,833
Ronald Crawford IV$20,833
Andy Dumais$20,800
Susan Desjardins$19,791
Davis Baron$19,323
Lori Martin$17,479
Jean Ouellette$16,800
Main Street Auto Repair, Inc.$15,347
Darin L. Lilly$14,055
Dionne Construction$13,819
Helen Fortin$10,100
JSB Energy, Inc.$9,547
Clifton Cyr$8,718
Roussel Logging, Inc.$8,479
Caleb Tardif$7,475
Mark Cyr$7,096
Brian Rossignol$6,942
Gary Pelletier$6,700
Cyr Real Estate$6,000
Tina Boucher$5,918
Daniel Desjardins$5,862
Daniel Desjardins$5,862
Stacie Coltart$5,800
Marcel Dionne$5,700
Rhonda Wilson$5,700
Jennifer Dufour$5,600
Ann Franck$5,500
Charles Chartier$4,965
Leslie Daigle$4,085
Ramona Lavoie$3,935
Roger Beaulieu$3,709
Roger Albert$3,510
Clifton Cyr$3,428
Michael Cowie$3,400
Roger Albert$3,340
Pierrette Florist$3,085

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS