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 100 largest PPP loans in 2020 in ZIP Code 53713
| Name of Borrower | Current Approved Amount |
|---|---|
| Dave Jones, Inc. | $6,246,700 |
| Neugen, LLC | $4,800,000 |
| Access Community Health Centers, Inc. | $3,614,600 |
| 1901, Inc. | $3,602,000 |
| Monona Plumbing and Fire Protection, Inc. | $3,408,802 |
| Widen Enterprises, Inc. | $2,697,700 |
| Integrity Residential Services, Inc. | $2,323,000 |
| Kleenmark Services Corporation | $2,270,400 |
| Wegner Cpas, LLP | $2,214,560 |
| Kayser Ford, Inc. | $1,995,185 |
| P. B. E. Jobbers Warehouse, Inc. | $1,864,200 |
| Veridian Management Solutions, LLC | $1,855,000 |
| Joe Daniels Construction Company, Inc. | $1,769,845 |
| Metastar, Inc. | $1,757,527 |
| District Council of Madison Society of St. Vincent DE Pau, Inc. | $1,705,500 |
| Phoenix, LLC | $1,639,940 |
| Masters Building Solutions, Inc. | $1,624,200 |
| Pellitteri Waste Systems, Inc. | $1,594,400 |
| Stop-N-Go of Madison, Inc. | $1,571,100 |
| Power System Engineering, Inc. | $1,434,700 |
| Ideal Builders, Inc. | $1,377,400 |
| Forward Electric, Inc. | $1,134,182 |
| Madison Area Rehab. Centers in | $1,088,900 |
| Harker Heating & Cooling, Inc. | $1,082,700 |
| H. J. Pertzborn Plumbin & Fire Protection Corporation | $1,005,300 |
| Bachmann Construction Company, Inc. | $976,300 |
| JKS of Wisconsin, Inc. | $902,900 |
| Coyle Carpet One, LLC | $854,800 |
| The Alexander Company, Inc. | $850,500 |
| Alliance Benefit Group Medical Services, LLC | $812,500 |
| Livesey Painting, Inc. | $797,200 |
| United Cerebral Palsy of Greater Dane County, Inc. | $757,200 |
| Madison Oral & Maxillofacial Surgeons, School | $749,700 |
| Boys and Girls Club of Dane County, Inc. | $741,675 |
| Madison Veterinary Specialists, School | $721,676 |
| ARC Community Services, Inc. | $691,975 |
| Hill Electric, Inc. | $650,000 |
| Dirty Ducts Cleaning Environmental, Inc. | $617,200 |
| Mad City Sales, Inc. | $564,600 |
| Sunpeak, LLC | $543,800 |
| Bergstrom Cadillac, Inc. | $541,500 |
| Crimea, Inc. | $540,750 |
| CGC, Inc. | $530,400 |
| Bergstrom Chevrolet of Madison, Inc. | $522,200 |
| American Printing Company | $515,000 |
| Acumium, LLC | $510,500 |
| Edge Construction, Inc. | $506,500 |
| Kenneth F. Sullivan Company | $500,000 |
| Liberty Parts Team, Inc. | $497,800 |
| Harder Corporation | $494,000 |
| Rosen Nissan of Madison, LLC | $489,000 |
| Integral Building Systems, Inc. | $482,200 |
| Affiliated Consumer Services, Inc. | $481,000 |
| Labor Force, Inc. | $452,850 |
| Rouse Management, Inc. | $444,635 |
| Family Service Madison, Inc. | $437,658 |
| Engelhart, Inc. | $432,000 |
| Mobility Training and Independent Living Program, Inc. | $431,232 |
| Phillips Distributing Corporation | $426,317 |
| Briarpatch Youth Services, Inc. | $423,797 |
| Rise Up, Inc. | $421,100 |
| Create-Ability, Inc. | $420,400 |
| Schmelzer Paint Company, Inc. | $400,000 |
| Girl Scouts of Wisconsin-Badgerland Council, Inc. | $392,685 |
| One City Schools, Inc. | $384,400 |
| Berndt CPA, LLC | $373,344 |
| Habitat for Humanity of Dane County, Inc. | $369,400 |
| Affiliated Central Services, Inc. | $356,000 |
| Urban League of Greater Madison, Inc. | $349,500 |
| Arbor Gate Hospitality, LLC | $348,772 |
| Joseph Lee & Associates, LLC | $343,300 |
| Mad City Labs, Inc. | $336,100 |
| Bulgrin, Inc. | $331,500 |
| Aquire Restoration of Madison, Inc. | $324,000 |
| Mckee Associates, Inc. | $311,600 |
| Big Hittters, LLC | $301,700 |
| Overhead Door Company of Madison, Inc. | $282,200 |
| Capitol Petroleum, LLC | $281,400 |
| Kavanaughs Restaurant Supply, Inc. | $255,400 |
| Wisconsin Women's Health Foundation, Inc. | $254,900 |
| HI-Techniques, Inc. | $250,700 |
| Badger Popcorn & Concession Supply, Inc. | $247,700 |
| Nexstim, Inc. | $247,157 |
| Mig Commercial Real Estate, LLC | $238,300 |
| Refrideration Design Consultants, Inc. | $237,700 |
| Directnetworks, Inc. | $236,000 |
| Dublin Profits, LLC | $235,000 |
| Krekeler Strother, School | $231,385 |
| Board Clean, LLC | $229,915 |
| Nolen Hotel Investment, LLC | $221,800 |
| Verona Safety Supply, Inc. | $221,300 |
| Academy Service Group, LLC | $219,000 |
| Ganser Company, Inc. | $213,300 |
| Avid Plumbing, LLC | $206,800 |
| Associated Housewrights | $205,400 |
| Velcor Leasing Corporation | $204,500 |
| Scarab Genomics, LLC | $202,795 |
| Centro Hispano, Inc. | $199,140 |
| Di and Associates, Inc. | $199,100 |
| Triggs Plumbing Company, Inc. | $199,100 |
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