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 80923
| Name of Borrower | Current Approved Amount |
|---|---|
| MVP Automotive, Inc. | $1,296,800 |
| BP Northsprings, LLC | $1,060,303 |
| Owen Faricy Motor Company | $1,024,520 |
| Powers Pet Emergency Services of Colorado Springs, Inc. | $955,400 |
| Tripod Ventures, LLC | $898,295 |
| Colorado Springs Urological Associates, PLLC | $631,800 |
| Jaze Transportation | $451,469 |
| Peakmed Colorado, LLC | $441,500 |
| Frg-Colorado Springs, LLC | $329,600 |
| Rocky Mountain Auto Brokers, Inc. | $324,300 |
| Church for All Nations | $309,900 |
| Beauty Bar Powers | $286,050 |
| Exceptional Care for Women, PLLC | $235,675 |
| D & J Quality Electric | $208,578 |
| PPC Construction, Inc. | $200,990 |
| Associates in Women's Care, P.C. | $191,340 |
| Franks and Beans, LLC | $190,800 |
| Rocky Mountain Neuropsychiatric Associates, PC | $188,800 |
| Taf Enterprises, LLC | $178,300 |
| Katey Blehm MA Ccc-Slp | $170,900 |
| Rocky Mountain Pediatric Dentistry, PLCC | $169,505 |
| Heidrichs Colorado Tree Farm Nursery, LLC | $169,135 |
| Turning Point Medical Group, Inc. | $166,856 |
| North Powers Dental, Professional, LLC | $164,200 |
| Box Runner, Ltd. | $162,745 |
| Falcon CBA, Inc. | $161,266 |
| Elements Stetson Hills, LLC | $152,700 |
| Ryan Tyng, Professional, Inc., D.M.D. | $146,500 |
| North Springs Surgical Associates, PC | $143,900 |
| Accent Landscapes of Colorado Springs, Inc. | $142,000 |
| Designer Columns & Piers, Inc. | $140,353 |
| Wofa Transport Services, Ltd. | $140,192 |
| Mountain View Vision | $134,226 |
| Ehlen Properties, LLC | $125,000 |
| T. O. Wings, LLC | $122,500 |
| Gateway Church | $121,900 |
| A Allright Plumbing, Inc. | $115,109 |
| Green Thumb Commercial Grounds Maintenance, Inc. | $113,700 |
| H3 Company, LLC | $111,932 |
| Shoptaugh Investments | $110,829 |
| Rancho Alegre, Inc. | $102,000 |
| Skirted Heifer KSM, Inc. | $99,400 |
| Got Questions Ministries | $96,055 |
| Advanced Center for Orthodontic, PC | $95,400 |
| Fiesta Jalisco Numero Diez, LLC | $93,700 |
| Revolution Jewelry Works, Inc. | $92,900 |
| Gripstone Climbing CS, LLC | $92,235 |
| Musolf Dental, PC | $87,500 |
| Merit Company, Inc. | $82,200 |
| Neighbors Cleaning Services | $75,250 |
| Ashford Realty Group | $74,000 |
| Summit Dance Works and Academy, Inc. | $73,125 |
| Pediatric Pulmonary and Sleep Specialists, PLLC | $71,415 |
| Freedom Home Assisted Living, Inc. | $68,862 |
| C G Excavating, Inc. | $68,060 |
| Roofing, M.D. | $66,191 |
| Continental Milling, Inc. | $64,111 |
| Britton Nursery, Inc. | $63,179 |
| John Jared Waite PC, D.D.S. | $62,500 |
| Hydro-Turf, Inc. | $61,705 |
| Alliance Family Dentistry, PC | $61,416 |
| Dependable and Professional Carpet Care | $60,000 |
| Just for YOU Nails & Spa | $58,870 |
| Avalanche Construction, LLC | $57,945 |
| Colorado Clean Works | $55,500 |
| G&a Construction, LLP | $55,005 |
| Shubhan, Inc. | $55,000 |
| Marianorocha | $54,057 |
| Empire Incorporated | $52,100 |
| Colorado Rehabilitation Physicians, PC | $51,668 |
| First Rate Electrical Services, Inc. | $51,003 |
| Retail Solution, Inc. | $49,916 |
| Mountain Splendor Services, Inc. | $49,742 |
| Hefty Fabworks, Inc. | $49,232 |
| Coloradoscapes.com, Inc. | $48,850 |
| Rota Advanced Dental Care, LLC | $47,000 |
| Explosives Test Center, LLC | $45,995 |
| Lnbprocessing, Inc. | $44,870 |
| Dublin Power, LLC | $44,585 |
| Apartment Red, LLC | $44,400 |
| Robinson Restaurants, LLC | $43,775 |
| J&M Cleaning, Inc. | $43,700 |
| Bethlehem Middle Eastern Foods | $40,059 |
| Macias, LLC | $39,819 |
| Lux Nails & Spa, Inc. | $39,200 |
| Bear Tooth Woods, Inc. | $38,400 |
| Siya, LLC | $35,300 |
| Brian Canady, LLC | $34,800 |
| J&K Frozen Treats, Inc. | $34,530 |
| J&L Enterprises, LLC | $34,400 |
| Maramba Trucking, LLC | $33,723 |
| Four Aces, Inc. | $32,734 |
| D & L Realty | $32,484 |
| Passport Coffee Company, Inc. | $31,382 |
| Young Innovators, Inc. | $31,042 |
| Freeman Advantage, Inc. | $30,867 |
| Broadmoor Nails & Spa 2, LLC | $30,091 |
| Bicycle Partners, LLC | $28,800 |
| Moving Day, Inc. | $28,200 |
| Freedom Home Choice, LLC | $27,000 |
| Hitt, LLC | $26,500 |
| Lexingtron, PC | $26,500 |
| Korean Garden North | $26,250 |
| Lance Underground Contracting, Inc. | $24,052 |
| Drake Good Insurance Agency, Inc. | $23,922 |
| School Corporation | $23,775 |
| Bargeron, LLC | $20,832 |
| Adam Kubalski, LLC | $20,800 |
| Tuttle Family Dentistry, PLLC | $20,800 |
| Gerid Spresser | $20,800 |
| Wilbert Leon | $20,797 |
| Yoyogurt SH, LLC | $20,725 |
| J&K Harrison, Inc. | $20,435 |
| Jake Sells Homes, LLC | $20,267 |
| Christine I. Chirlee | $20,208 |
| Matthew Kirk McCuistion | $20,171 |
| B and Q Solutions, Inc. | $20,130 |
| B and Q Solutions, Inc. | $20,100 |
| Osney Yanes Lugo | $20,000 |
| Greeting Card | $19,939 |
| Jayme Bailey | $19,500 |
| Ethio Transportation, LLC | $19,125 |
| Louies Pizza #6, Inc. | $18,000 |
| Accountable Bookkeeping Services | $17,800 |
| South 106, LLC | $17,708 |
| Making Moves International, LLC | $17,500 |
| Airco Mechanical, Inc. | $17,413 |
| Hideaway Kennels, LLC | $17,200 |
| Harbird., LLC | $17,200 |
| Ronald Hatfield | $17,031 |
| Duesing Medical, LLC | $16,800 |
| Duncan Tax Service | $16,753 |
| Sukaris, Inc. | $16,250 |
| Field's Chiropractic, LLC | $16,052 |
| Wulfe, Inc. | $15,675 |
| Justin David Critchfield | $15,200 |
| JC Flooring, Inc. | $15,000 |
| Mcconville Software, LLC | $14,582 |
| Love & Serve Well, LLC | $14,500 |
| LG Enterprises, Inc. | $14,400 |
| Ruth a Sharp, PC | $14,125 |
| One Stop Cop Shop, Inc. | $14,050 |
| Senior Resource Council, Inc. | $13,700 |
| Salt of the Earth, Ltd. | $13,500 |
| Robert A. Graham II | $13,350 |
| Apex Dent Repair, LLC | $13,300 |
| Building Better Bodies, Inc. | $12,630 |
| H&N Consulting, LLC | $12,530 |
| Debi Volk, LLC | $12,500 |
| Jennifer L. Williams, P.C. | $12,500 |
| CS Mchugh, Inc. | $12,500 |
| Ambition Delivery, LLC | $12,500 |
| Classic Barber Shop, Inc. | $12,458 |
| Peak View Stucco & Stone, LLC | $12,180 |
| Nail Perfection, LLC | $12,000 |
| National Drug and Alcohol Screening Association | $11,870 |
| Valerie A. Hampton | $11,762 |
| Lodgepole Management Group, LLC | $11,700 |
| Pikes Peak Senior News | $11,516 |
| Izone, Inc. | $11,400 |
| Aphiemi, Inc. | $10,437 |
| Jacqueline M. Factor | $10,417 |
| 1st Capital Aviation, LLC | $10,080 |
| Island Construction Services, LLC | $9,477 |
| KB Investments, LLC | $9,397 |
| Dalby Drive, LLC | $9,200 |
| JZ Goldenberg, LLC | $9,100 |
| Total Package Painting & Handyman | $9,100 |
| Vip Services, Inc. | $9,092 |
| Schlosser Investments, Company | $8,900 |
| Carey M. Chamberlin | $8,660 |
| Mlgsec, Inc. | $8,646 |
| William Bill Bray | $8,607 |
| Edge Ventures, LLC | $8,605 |
| Colorado on the FLY, LLC | $8,600 |
| Alpine Management & Investments, LLC | $8,510 |
| Beyond Treatment, LLC | $8,332 |
| Colorado Springs Reality Group, Inc. | $8,300 |
| Corinne Watkins Music Therapy, LLC | $7,905 |
| P. D. 's Enterprises, LLC | $6,832 |
| Bill Darrah, LLC | $6,200 |
| DJN4 Solutions, LLC | $5,874 |
| The Martin Companies, Inc. | $5,750 |
| Sharon Kim-Murakami | $5,359 |
| Rocky Mountain Legal Consulting, LLC | $5,100 |
| Pelouze Enterprises, LLC | $5,000 |
| Pezet Law Office, LLC | $4,677 |
| Douglas Claims Service, P.C. | $4,500 |
| Jeremy Calcote | $4,395 |
| Vella Corporation | $4,231 |
| Ce by Design, LLC | $3,750 |
| Magnus Nwakuna | $3,412 |
| Fravelocity, Inc. | $3,300 |
| Christine J. Mahan | $3,200 |
| Nichole Costa | $3,100 |
| Dream Catcher Weddings, LLC | $3,100 |
| SL Consulting | $3,021 |
| Susan Stuth | $3,000 |
| Systematic Drywall, Inc. | $2,902 |
| ODP, LLC | $2,900 |
| Janet Porter, Inc. | $2,730 |
| Angela Hamilton | $2,686 |
| Prime Home Inspections, Inc. | $2,400 |
| Diana Nguyen | $2,030 |
| Susan P. Adams | $1,900 |
| Rogena Kreul | $1,864 |
| Erika Crocker | $1,816 |
| BZ BBQ Company Company, LLC | $1,500 |
| Nancy L. Cress | $1,449 |
| LMB Ventures, Inc. | $1,353 |
| High Summit Technologies, LLC | $1,136 |
| Cookies at Tiffanis | $1,000 |
| Pure Radiant Self, LLC | $928 |
| Gregory J. Bernabei | $600 |
| David G. Pickering | $400 |
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