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Friday, November 15, 2024

PPP loans: 36 loans in 2020 in ZIP Code 80925

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There were 36 PPP loans provided to small businesses in 2020 in ZIP Code 80925, according to the US Small Business Administration.

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 80925

Name of BorrowerCurrent Approved Amount
Die Hard, Inc.$268,475
A Rainbow of Friends Preschool, Inc.$104,500
Olivebranch Unity Health Services, LLC$90,500
Medialyze Marketing, LLC$84,347
Restoration Church Assembly of God$80,050
Cusic Construction, Inc.$53,330
Vista Concrete Solutions, LLC$50,578
Purple Mountain Framing, LLC$49,910
Pacific Plumbing, Inc.$47,900
Juan & Jon Alliance, LLC$24,116
Glenda Broxson$22,600
We Do It Right the First Time Company, LLC$17,990
Mainline Services, LLC$16,532
Blackstone Cleaning$16,250
Turnkey Teacher, LLC$15,221
Jose Alfredo Hernandez$14,063
Yesenia Jaimez$12,918
Frostbyte Marketing, LLC$11,803
New Horizon Youth and Family Services, Inc.$8,900
MN Garrigan, Inc.$8,482
Stephen and Audrey Shrive, Inc.$7,500
Jacquita Jordan$7,327
Daniel Perez-Oquendo$7,083
Kenneth Warner$7,069
Huffman Group, LLC$6,200
Concept to Copy, LLC$6,200
Extraordinary Inspections$5,193
TLS Aerospace, Inc.$5,000
Colorado Mountain Doulas, LLC$4,805
Halls American Automotive$4,573
Betterman Elite$4,449
Peak Professional Services$3,745
Kathleen Derosa$2,829
Todd P. Beren$2,515
Denny's Advocacy and Consulting, LLC$2,500
Gina Hall Homes, LLC$1,295

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