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 18848
| Name of Borrower | Current Approved Amount |
|---|---|
| Globel Tungsten & Powders Corporation | $6,843,900 |
| GTP Group Services Corporation | $1,400,300 |
| Flynn Energy Transport, Inc. | $1,141,300 |
| M. R. Dirt, Inc. | $1,028,700 |
| Associated Insurance & Financial Services, LLC | $952,500 |
| Bishop Brothers Construction Company, Inc. | $792,742 |
| Northern Tier Counseling, Inc. | $642,300 |
| Bob Ferrario Chevrolet, Inc. | $590,300 |
| Henry Dunn, Inc. | $571,700 |
| Metadyne, Inc. | $551,700 |
| John Greenland Enterprises, Inc. | $430,200 |
| Physiciancare, PC | $367,715 |
| Sherwood Groves Auto Group, LLC | $288,200 |
| Wysox S & G, Inc. | $212,751 |
| Mountain Lake Electric-Construction, Inc. | $190,300 |
| The Main Link | $169,330 |
| Niemiec Smith & Pellinger, LLP | $169,200 |
| Griffin, Dawsey, Depaola & Jones, PC | $152,922 |
| St. Agnes Elementary School of Diocese of Scranton Catholic | $144,135 |
| Towanda Iron & Metal, Inc. | $139,600 |
| Tungsten Sources, LLC | $129,600 |
| Towanda-Wyalusing Veterinary Care, Inc. | $115,200 |
| Hoffman Health Partners | $110,312 |
| D&R Steel Construction, Inc. | $100,700 |
| White's Refrigeration Incorporated | $99,900 |
| Moores Auto Sales, Inc. | $98,600 |
| Four Friends Development, Inc. | $97,600 |
| Sugar Creek Trucking, LLC | $87,047 |
| Central Bradford Progress Authority | $78,100 |
| Bradford County Regional ARTS | $74,500 |
| Green's Auto Mart, Inc. | $70,700 |
| M. K. Flaggers, Inc. | $68,719 |
| Clark Furniture, Incorporated | $60,100 |
| Towanda Country Club | $56,900 |
| Boardman Family Eye Care, PC | $56,700 |
| Gambal Printing & Design, LLC | $55,600 |
| Mark W Bowen, LLC | $55,500 |
| 1550 Golden Mile, LLC | $55,360 |
| Caribou Medical | $54,500 |
| Carmalt, Denault & Thompson, PC | $54,200 |
| M. K. Contractors, Inc. | $50,865 |
| Farley Financial, Inc. | $50,600 |
| Shores Sisters Farm Market, Inc. | $50,000 |
| Stephen Webster A., CPA | $48,200 |
| The Children's House | $47,100 |
| Clark J Sparrow, D.D.S. | $46,800 |
| Flynn Beverage, Inc. | $45,400 |
| Joshua Fallenstein | $43,382 |
| 24 Hour Contracting, LLC | $42,354 |
| Smileys Cleaning Service, Inc. | $41,000 |
| Patson Mechanical Contracting | $40,600 |
| Peace Motel, Inc. | $39,800 |
| Moppets on Mulberry Child Enrichment Center, LLC | $39,600 |
| Riank, Inc. | $37,200 |
| Total Tax Service, Inc. | $36,600 |
| Copysource, Inc. | $35,200 |
| Bradford County Dental, Inc. | $33,900 |
| Christina Vail Auiology, Inc. | $33,500 |
| JJ Ackley Trucking | $32,900 |
| Putnam & Sons Trucking, LLC | $32,200 |
| Jackson Realty & Associates, Inc. | $32,200 |
| Angela Resavage, D.M.D. | $32,000 |
| Farmer Fred's, LLC | $31,733 |
| Timi Plastics, Inc. | $31,600 |
| M. K. Tree Trimmers, Inc. | $28,218 |
| Shores Auto Sales, Inc. | $27,400 |
| Hua Xu Zhang | $27,235 |
| Trowbridge & Company Wealth Management | $27,000 |
| Napp Chiropractic Center, LLC | $26,710 |
| TL Marketing & Managment Company | $25,800 |
| Dr. Barbara Yanak | $25,400 |
| Fred N. Smith Attorney | $24,900 |
| Ferenzi Medical, P.C. | $24,700 |
| H&H Automotive Maintenance, LLC | $22,557 |
| Corbett Motors, Inc. | $22,100 |
| Black Knight Quarries, Inc. | $21,300 |
| Woody's Ale House & Grille | $21,070 |
| Smart Choice Towanda, LLC | $20,964 |
| Shannon R. Clark | $20,800 |
| The Stylin Station | $20,197 |
| Duvlall, Reuter & Pruyne | $19,600 |
| Sparks Family Restaurant, LLC | $19,500 |
| Carini Original Italian Restaurant | $18,300 |
| Character Cuts II, Inc. | $18,100 |
| Endless Mountains Heritage Region, Inc. | $18,000 |
| Number One Kambo | $16,755 |
| Towanda Public Library | $16,600 |
| Action Fast Plumbing | $16,565 |
| Rector, Wardens & Vestrymen, Inc. | $16,200 |
| Community Cup, LLC | $15,300 |
| A Nails, Inc. | $15,100 |
| Saints Peter and Paul Church | $14,507 |
| Pamela Young | $14,300 |
| John E. Secor | $14,100 |
| H&H Knight out, LLC | $14,100 |
| Trinity Evangelical Lutheran Church of Towanda Pennsylvania | $13,700 |
| Endless Mounatins Dance Center | $13,600 |
| Finlan's Tavern, Inc. | $13,600 |
| Fox Chase Woodworks & Restoration, Inc. | $13,300 |
| Beers Auto & Tag, Inc. | $12,900 |
| Anytime of Wysoc, LLC | $12,600 |
| Northeast Woods Wildlife | $12,100 |
| Post 42 Home Association | $11,800 |
| Vaidic, Inc. | $11,600 |
| RMMS&a, LLC | $11,000 |
| Reeves Northeast Hose and Supply, Inc. | $11,000 |
| Buynak Construction | $10,800 |
| Ulster Fitness Center | $10,300 |
| Bradford Foot & Ankle Specialties, LLC | $8,800 |
| Villa Sena, Inc. | $8,700 |
| Community Alliance Church of the Christian & Missionary Alli | $8,000 |
| Roof Jewelers & Awards | $7,900 |
| David's Florist & More | $7,600 |
| Robinson Construction | $6,900 |
| Freedom Financial Insurance, LLC | $6,800 |
| Papa V | $6,500 |
| Mac OGM Investments, LLC | $6,200 |
| Mr Sandbag, LLC | $6,100 |
| Nicholas Lee Ackley | $5,900 |
| CBVN, LLC | $5,800 |
| Patricia A. Them | $5,700 |
| Michael David Dickerson | $5,200 |
| Avant Wellness Associates, LLC | $5,100 |
| Lacey Maryott | $4,400 |
| The INN on Quarry Glen, LLC | $4,100 |
| Terrie L. Scarboro | $3,700 |
| Christopher Roof Development Company, Inc. | $3,300 |
| Downtown Nails | $3,300 |
| Endless Mountain Fit, LLC | $2,900 |
| Strope's Tax Service | $2,844 |
| Michelle Irvine's Beauty Salon | $2,800 |
| Havens Main Street Diner | $2,800 |
| Bradford County Historical Society | $2,700 |
| Cut A. Above Styling Salon | $2,400 |
| Mark's Memorials | $2,300 |
| Warehouse Fitness | $1,500 |
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