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 80924
| Name of Borrower | Current Approved Amount |
|---|---|
| Vanguard Dermatology and Skin Cancer Specialists Professiona | $701,474 |
| Till Briargate, LLC | $378,471 |
| James Lee PC, M.D. | $277,640 |
| Erickson Pediatric Dentistry & Orthodontics, PC | $181,100 |
| El Vaquero Dos, LLC | $158,200 |
| Soco Enterrpises, Inc. | $150,312 |
| Apple Grove Dental, PC | $123,900 |
| Rootedfuture, LLC | $123,498 |
| Divertidoso, LLC | $107,800 |
| Next Level Interventions | $105,272 |
| Welcome Springs, LLC | $102,234 |
| Colorado Consortium for Earth Space Science Education | $95,200 |
| Abby's Irish Pub, Inc. | $91,000 |
| 4S Investments, LLC | $89,500 |
| Coufal Veterinary Services, LLC | $82,600 |
| Super 8 Montrose Colorado | $68,872 |
| Excelsior Technical Solutions, LLC | $57,400 |
| Complete Chiropractic, PC | $55,400 |
| Nailcessity & Spa, LLC | $53,500 |
| Recycling Agent, LLC | $50,365 |
| 4G Pizza, Inc. | $49,787 |
| Peak Surgery Center | $48,078 |
| Trison Group P | $45,500 |
| Pine Ridge Family Medicine, Inc. | $45,000 |
| Bennett's Moving Company, Inc. | $44,100 |
| Aajl Fitness, Inc. | $43,722 |
| Trison Group, LLC | $42,245 |
| VRP Consulting Group, LLC | $41,707 |
| Leann Wilson & Associates, Inc. | $41,700 |
| Intermountain Foot and Ankle Associates, PC | $38,200 |
| AAA Auction Alternatives, LLC | $38,000 |
| Prewitt Appraisal Services, Inc. | $36,270 |
| Michael R. Cordrey | $35,583 |
| CPW Enterprise, LLC | $35,525 |
| Island in the Sun, Inc. | $35,073 |
| TLG of Colorado Springs, LLC | $32,663 |
| Hunstiger, Inc. | $32,500 |
| Jason Daniels & Associates, LLC | $32,090 |
| RK Infinity, LLC | $32,070 |
| Qe Solar, LLC | $31,250 |
| Sanders Real Estate | $27,500 |
| Colorado Springs Lasik Institute | $26,072 |
| Visumcx | $25,257 |
| Little Red Wagon Moving, Inc. | $23,900 |
| UTB 41328 | $22,400 |
| Guile Painting, LLC | $20,833 |
| Five Jay Company | $20,833 |
| Richard W. Gurganus | $20,832 |
| Blue Jazz, LLC | $20,832 |
| Kinnick Oral & Facial Surgery, P.LLC | $20,832 |
| Kent Carlson | $20,830 |
| Tony C Deppe, LLC | $20,800 |
| Wisdom Realty, LLC | $20,800 |
| Fischer Furniture, LLC | $19,700 |
| Michael Shank | $18,800 |
| TMS Ventures, Inc. | $18,200 |
| SV Enterprise, LLC | $18,189 |
| Desmond Zoller LLC D.D.S. | $17,500 |
| HL Custom Homes, LLC | $17,225 |
| Springs Best Inspections, LLC | $17,082 |
| Kolby Zipperer State Farm, LLC | $16,900 |
| Sports Investors Authentication | $16,800 |
| Aereti, Inc. | $16,250 |
| Jacksonduncanllc | $15,802 |
| Jason Kiefer, LLC | $14,700 |
| Chris Capua OMS, LLC | $14,700 |
| Colorado Springs Garage Storage and Racks, LLC | $13,800 |
| Apex Medical., Inc. | $13,000 |
| Intrigue Salon, LLC | $12,900 |
| Indigo B2B, LLC | $12,000 |
| Barre3 Colorado Springs | $11,888 |
| RJS Souvenirs and Gifts, Inc. | $11,827 |
| Sports Investors, LLC | $11,600 |
| Colorado Eye Optical, LLC | $11,235 |
| Jadrew Realty, Inc. | $10,000 |
| Patten Associates, Inc. | $10,000 |
| Vigilant Tiger Security, LLC | $9,910 |
| Shinobi Express, LLC | $9,900 |
| Accountable, LLC | $9,780 |
| Peak Data Potential Incorporated | $9,500 |
| Sun or Snow Vacation Rentals | $9,456 |
| Dibs on Oils, LLC | $9,420 |
| International Christian Technologists' Association | $9,100 |
| M&M Holdings Company | $8,900 |
| Macroactive, LLC | $8,700 |
| Sabina Harte | $8,700 |
| Theateam, LLC | $7,875 |
| Kristen K. Smith | $7,675 |
| Colorado Relocations, LLC | $6,875 |
| Crowd Pleaser Products, Inc. | $6,829 |
| Takedown Media, LLC | $6,824 |
| Germaine Satia | $6,630 |
| Bise Accounting Services, LLC | $6,300 |
| Best Home Realty, Inc. | $6,200 |
| Wsc Logistics | $6,008 |
| Choco Bachler Peds Dental Consultants, Inc. | $6,000 |
| Prompster, LLC | $5,500 |
| Therapy by Kim, LLC | $5,333 |
| Seth Knierim Realty, LLC | $4,965 |
| Abbie Wood Real Estate, LLC | $4,400 |
| Vivi Nails | $4,217 |
| WDJ Real Estate, LLC | $4,200 |
| Colorado Close Air Solutions, LLC | $4,052 |
| Now Hope | $3,700 |
| Nhuy Truong | $3,600 |
| Korth Enterprises, LLC | $3,215 |
| Diversified Business Development, Inc. | $3,125 |
| Edu-Innovative Consulting, LLC | $1,900 |
| Salveo Salon | $1,875 |
| It Sense, LLC | $1,600 |
| Hannah Obrien | $1,245 |
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