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 44135
| Name of Borrower | Current Approved Amount |
|---|---|
| National Safety Apparel, Inc. | $3,904,703 |
| ETP International, Inc. | $2,862,483 |
| Kaufman Container Company | $2,851,800 |
| The Pioneer Manufacturing Company | $1,983,289 |
| Dreison International, Inc. | $1,741,939 |
| C. A. Litzler Company, Inc. | $1,565,477 |
| Mimax 1, Inc. | $1,480,000 |
| Malley's Candies, Inc. | $1,328,600 |
| United Concessions Group, Inc. | $1,266,089 |
| John H Kappus Company | $1,207,000 |
| SKY Quest, LLC | $1,058,900 |
| North Electric, Inc. | $1,037,700 |
| Myocare Nursing Home, Inc. | $997,000 |
| West Park Animal Hospital | $994,200 |
| Garden Healthcare of Rocky River, LLC | $954,131 |
| Ailca Hospitality, LLC | $922,345 |
| Kiffer Industries, Inc. | $839,200 |
| NBW, Inc. | $813,700 |
| The Auto Bolt Company | $803,325 |
| Walsh Commercial Group, LLC | $780,700 |
| Larchwood Care, LLC | $736,233 |
| Specialty Chemical Sales, Inc. | $663,307 |
| Lakeside Avenue Partnership and Kip-Craft Incorporated | $627,100 |
| L N Hospitality Cleveland, LLC | $618,900 |
| Roth Construction Group, Inc. | $589,900 |
| Diamond Metals Distribution, LLC | $561,284 |
| CJM Automotive, Inc. | $496,500 |
| Equipment Merchants International, Inc. | $485,660 |
| North Coast Litho, Inc. | $481,000 |
| Industrial Energy Systems, Inc. | $452,200 |
| Energy Management Specialists, Inc. | $428,900 |
| The General Pest Control Company | $382,000 |
| The Lakewood Supply Company | $364,100 |
| Riverside Drives, Inc. | $350,600 |
| Senior Transportation Connection | $349,600 |
| Alpha Home Health Agency, LLC | $347,827 |
| Milano Monuments, LLC | $337,339 |
| Four Legacy Paving, LLC | $332,500 |
| Airport Gardens Hotel, Ltd. | $332,000 |
| Northstar Title Services, LLC | $314,990 |
| Roemer Unlimited, Inc. | $304,600 |
| Pel, LLC | $298,500 |
| Wire Products Company, Inc. | $292,200 |
| Architectural Floors of Cleveland | $284,900 |
| AL Ihsan School IVC | $281,600 |
| Saw Service & Supply | $273,909 |
| The R. L. Wurz Company | $270,982 |
| Ameco USA Metal Fabrication Solutions, LLC | $269,400 |
| Manufacturing Works | $265,800 |
| Douglass & Associates Company, LPA | $265,200 |
| B R O T, Inc. | $265,000 |
| VGU Industries, Inc. | $261,200 |
| Admiral Products, Inc. | $259,300 |
| Hillstone Ej Ra Holdings, LLC | $247,800 |
| Bassett Sprinkler Protection, Inc. | $246,700 |
| Modular Systems Technicians, Inc. | $246,000 |
| JBLC Investments, LLC | $235,410 |
| Globe Pipe Hanger Products, Inc. | $234,800 |
| Just Like Home, LLC | $232,230 |
| Technology Install Partners | $225,600 |
| TSH Inc., M.D. | $218,600 |
| Atlas Automotive, Inc. | $216,735 |
| Electric Cord Sets, Inc. | $210,300 |
| Corporate Maintenance, Inc. | $204,418 |
| M3 Technologies, Inc. | $203,330 |
| F. Buddie Contracting, Ltd. | $201,107 |
| Marlow 2000, Inc. | $200,400 |
| Control Line Equipment, Inc. | $195,600 |
| Cleveland Star Real Estate Investment, LLC | $189,898 |
| Torrmetal Corporation | $185,000 |
| Absolute Roofing and Construction, Inc. | $179,500 |
| Longway Trucking, LLC | $177,800 |
| Medicare Transport, Inc. | $177,800 |
| Chambers Funeral Homes, Inc. | $176,895 |
| Conserv-Air Company, Inc. | $175,700 |
| Veterans Contracting, Inc. | $173,973 |
| BDP Entertainment, LLC | $173,340 |
| Bellaire Puritas Development Corporation | $172,400 |
| Americrane & Hoist Corporation | $171,386 |
| Pacific Home Care, LLC | $165,477 |
| Holiday Italian Sausage, Inc. | $165,000 |
| P J Bush Associates, Inc. | $162,979 |
| Lewis Little Folks, Inc. | $161,245 |
| TLC Products, Inc. | $159,875 |
| Numerequip, Inc. | $158,100 |
| TRI ARCH 28, Inc. | $158,000 |
| Liberty Home Contracting, Inc. | $157,500 |
| Ohio Chest Physicians, Ltd. | $156,630 |
| Ganley Service & Collision Company | $154,100 |
| Pulmonary Medicine Associates, Inc. | $152,555 |
| Lake Graphics, Label & Sign Company, Inc. | $152,500 |
| Roth Cleaning Company, Inc. | $152,000 |
| Berea Moving & Storage Company | $148,900 |
| United Motor Products Corporation | $143,400 |
| Altura Stone and Tile, LLC | $141,400 |
| PPW Builders, Inc. | $138,700 |
| Allied Tool & Die, Inc. | $133,192 |
| Denison Auto Parts, Inc. | $132,850 |
| Miller Gutter Systems, Inc. | $129,500 |
| TS Enterprises, LLC | $128,750 |
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