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 90240
| Name of Borrower | Current Approved Amount |
|---|---|
| Buena Vida Learning Services, Inc. | $1,831,015 |
| Companion Hospice, LLC | $1,152,900 |
| Ices Education, LLC | $867,537 |
| CGP Management Company | $683,160 |
| Jobsource Downey | $546,366 |
| Strong Tie Insurance Services, Inc. | $502,710 |
| The Marketplace Grill and Cafe, Inc. | $500,000 |
| Sunset Vans, Inc. | $465,232 |
| LA Corral Two, LP. | $457,500 |
| Cem Construction Corporation | $437,047 |
| Marquin Homes | $375,000 |
| Paver Plus, Inc. | $371,431 |
| The Medicine Cabinet, Inc. | $333,310 |
| Ayman Alladawi Inc. a Professional Corporation, M.D. | $325,000 |
| Westlake Pain Management Medical Associates, Inc. | $298,650 |
| A. B. Hospitality, Inc. | $280,600 |
| Hand and Orthopedic of Southern California, Inc. | $273,400 |
| Del Rio Lanes, Inc. | $263,073 |
| Fran-Tone Incorporated | $238,541 |
| So Cal Recreation, Inc. | $237,359 |
| Empire Electric Corporation | $234,500 |
| Omid Rabi Barkhordar Inc., D.D.S. | $199,897 |
| Secord Enterprises, Inc. | $198,234 |
| Ramage Management, LLC | $183,287 |
| Walton & Walton, Inc. | $183,235 |
| Zip Delivery, Inc. | $177,805 |
| Feizbakhsh-Khorsandi Partnership | $176,000 |
| Jesmar Properties, Inc. | $168,631 |
| New Generation Plumbing, Inc. | $157,040 |
| SRC Constructors Corporation | $152,400 |
| Ground Sanchez Transportation Incorpora | $150,800 |
| JT Behavior Management, Inc. | $150,000 |
| Buraq Investment Group, LLC | $143,500 |
| Scott Fishman, Inc., D.D.S. | $137,572 |
| The Aptus Group, Inc. | $133,777 |
| Poached Kitchen, Inc. | $133,115 |
| Don Chente, Inc. | $132,900 |
| Russi Enterprises, Inc. | $130,677 |
| Otto Ehmig Panting Company, Inc. | $130,000 |
| Downey Pizza Company | $123,705 |
| Homeavenue, Inc. | $114,417 |
| Nunez General Contractors, Inc. | $113,141 |
| Almeida | $112,300 |
| St. Louise Resource Services | $109,297 |
| DRS. Mishal, Pham and Associates | $103,182 |
| Flex Electric | $103,062 |
| Dooraejeong NC | $102,800 |
| VMC, Inc. | $100,000 |
| Prost Restaurant Management | $100,000 |
| Angelita Locayo Tellez, Inc. | $99,400 |
| Tacos Mexico, Inc. | $96,300 |
| Ramage Management North, LLC | $96,267 |
| So Cal PF Downey, LLC | $93,605 |
| Rodarte's Trucking, Inc. | $90,915 |
| Tax Specialty Plus, Inc. | $87,237 |
| Green Olive Mediterranean Cuisine, Inc. | $86,992 |
| Balarie & Martinez Inc., D.D.S. | $86,250 |
| Derick Nguy Inc., D.D.S. | $86,122 |
| Addessi Brothers, Inc. | $84,885 |
| Juan J. Martinez | $81,550 |
| BV Rentals, LLC | $81,338 |
| 24 Hour Real Estate | $81,000 |
| Salazar Group International | $80,208 |
| Chris Best Restaurant | $78,943 |
| Cosmetica Beauty and Barbering Academy, Inc. | $78,935 |
| Paramount Care Staffing, LLC | $76,500 |
| Escrownet | $76,000 |
| RC Enterprise, Inc. | $74,817 |
| Robert S Hulbert Building and Remodeling | $74,000 |
| Kirk W. Sullivan, Inc., D.D.S. | $73,152 |
| Hamayu, Inc. | $72,700 |
| Sushi Yaki, Inc. | $71,300 |
| Casares Insurance Agency, Inc. | $70,200 |
| Zoubero, Inc. | $68,900 |
| The Downey Patriot, Inc. | $68,858 |
| Richmont General Insurance Services | $66,250 |
| Reyhani, Reyhani & Hakimzadeh Dental Group | $66,000 |
| A Better Choice Escrow, Inc. | $65,800 |
| Shahram Valiani, a Professional Corporation, D.D.S. | $64,000 |
| MLS Clinical & Medical Corporation | $63,415 |
| Divinity & Associates, Inc. | $62,535 |
| Susan R. Kawakami | $62,500 |
| Michael C Duncker Profit Sharing Place, D.D.S. | $62,427 |
| Alon Ofir Inc., D.D.S. | $60,767 |
| Main T. Chang | $60,208 |
| Tri-Liberty Escrow, Inc. | $60,000 |
| MVP Family Practice & Sports Medicine | $59,791 |
| State Farm Insurance Company | $59,400 |
| Strike Twelve, Inc. | $59,142 |
| Lee B Silver M D | $58,770 |
| Strayer, Saylors and Associates, Inc. | $58,124 |
| Benevolence Escrow, Inc. | $56,865 |
| Law Offices of Henry a. Posada, APLC | $55,904 |
| Salon Relini | $55,900 |
| Gandf Business Tax Solutions | $53,400 |
| Pita Group Downey, LLC | $53,125 |
| KJS Love, Inc. | $52,830 |
| Roberto Mas | $51,770 |
| Igla, Inc. | $51,000 |
| Sunrise Medical Clinic, Inc. | $50,367 |
| Myra's Salvadorian Cuisine, Inc. | $50,240 |
| Epic Entertainment Group | $50,100 |
| Raul a Rodriguez Inc., D.D.S. | $50,053 |
| Sadeghein Pro Dental Group, Inc. | $50,045 |
| Driven Investments, LLC | $50,000 |
| Manor Insurance Agency, Inc. | $49,809 |
| Kitty Nitu Enterprises, Inc. | $49,541 |
| J. E. & Associates, an Accountancy | $49,500 |
| LMM Real Estate, Inc. | $49,355 |
| Camps Entertainment Group, Inc. | $48,676 |
| Revueltas Landscape, Inc. | $48,620 |
| Alberto Alonso, Inc., M.D. | $48,575 |
| Dorothy L Carfrae Law | $47,913 |
| LA Michoacana Ice Cream Plus | $47,713 |
| Beatriz Lares, Inc., M.D. | $47,572 |
| Ira Cohen, D.P.M. | $46,500 |
| Downey Escrow Company | $45,845 |
| Klett, Inc. | $45,467 |
| Downey Breast Diagnostic and Medical Clinic, Inc. | $44,530 |
| Cosmetica Latina Edu, Inc. | $44,497 |
| Companion Home Health Care Corporation | $43,200 |
| Jayantilal R Keshav Inc., D.D.S. | $42,845 |
| Renee Patel, Inc., M.D. | $42,789 |
| Florida Cuban Restaurant, Inc. | $41,068 |
| Brianton Logistics, LLC | $40,625 |
| Integrity One Escrow, Inc. | $40,512 |
| Ivy W. Lin Optometry, Inc. | $40,500 |
| Alliance Specialized, Inc. | $40,000 |
| LA Costa Escrow, Inc. | $40,000 |
| Don Yeboah | $39,735 |
| Tournament Promotions, Inc. | $38,333 |
| Marilou G Cruz Inc., M.D. | $38,061 |
| HI-Tek Building, Inc. | $37,500 |
| E & G Transportation, Inc. | $37,500 |
| Excel Business Services, Inc. | $37,265 |
| Pasha Hakimzadeh and Reyhani Dental Partnership | $36,700 |
| Ec and Associates Engineering, Inc. | $36,250 |
| Damon, Inc. | $35,957 |
| Minuteman Print and Copy Center, Inc. | $35,542 |
| DR. Roger Nguyen and Associates, a Partnership | $35,000 |
| Rich Way Homes | $34,375 |
| Carbo Transport, Inc. | $34,375 |
| Compucare Systems, LLC | $33,745 |
| Boomers Insurance Services, Inc. | $33,055 |
| Goldstar Enterprises, Inc. | $33,000 |
| Alpha Energy, Inc. | $32,800 |
| Integrity Transport | $32,500 |
| Baby Bros Pizza Group, Inc. | $31,557 |
| Steve Lopez | $31,445 |
| Tacos Mexico, Inc. | $31,247 |
| Care Living Solutions, LLC | $31,100 |
| Abes Plumbing, Inc. | $30,716 |
| Andazola Financial Services, Inc. | $30,640 |
| RCKK, LLC | $30,300 |
| Ganji PC, D.D.S. | $30,039 |
| Morris Construction, Inc. | $30,000 |
| Escrow Results, Inc. | $30,000 |
| M. C. Woodworks Pallets Enterprise, Inc. | $29,767 |
| Green Dream, LLC | $29,582 |
| Sandoval Asset Management, LLC | $29,400 |
| Magical Nails | $29,322 |
| Oso Trucking, LLC | $29,135 |
| Hakimzadeh and Reyhani Dental Partnership | $29,133 |
| Pop's Cafe, Inc. | $29,128 |
| Formedo Creative, Inc. | $29,000 |
| Geo Trading, LLC | $28,077 |
| Kingdom Builders Properties, LLC | $27,915 |
| Home & Media Products, LLC | $27,900 |
| Omar and Sons Trucking, Inc. | $27,830 |
| Marc P. Grismer | $27,432 |
| MI Casita Escrow, Inc. | $27,400 |
| Zaid Capital, Inc. | $27,302 |
| Kirt Hopson Attorney at Law | $27,082 |
| G. H. C., Inc. | $26,843 |
| Around the World Childrens Center | $26,100 |
| Action Escrow, Inc. | $25,600 |
| Health Care Relief, Inc. | $25,270 |
| Gah Drywall | $25,134 |
| Model Cleaners, Inc. | $25,020 |
| Lig Lending | $25,000 |
| Christ Evangelical Lutheran Church | $25,000 |
| Lakewood Auto Service, Inc. | $24,805 |
| Downey Memorial Christian Church | $24,787 |
| Costa Sur Enterprise, Inc. | $24,600 |
| Gena, Inc. | $24,200 |
| Florence Family Dental Center | $23,957 |
| The Los Angeles Southern Baptist Association | $23,880 |
| U S a Transportation Services, Inc. | $23,750 |
| B&V Group, Inc. | $23,750 |
| Gudino Financial & Insurance Services, Inc. | $23,277 |
| Gudino Financial & Insurance Services | $23,277 |
| BM Produce, Inc. | $22,844 |
| Parea Restaurant Group, LLC | $22,822 |
| Rivas Transport | $22,412 |
| Armada Harbor Insurance Services, Inc. | $22,250 |
| K & PP, Inc. | $22,000 |
| Ultimate SKY Works, Inc. | $20,862 |
| Antonyan Inn | $20,833 |
| Law Office Of Alberto Munoz | $20,833 |
| Yu Zhang | $20,833 |
| Lorenzo Alcaraz | $20,833 |
| Yue Jiang | $20,833 |
| Seales the Deal, Inc. | $20,833 |
| Thomas L. Gibson, APC, D.D.S. | $20,833 |
| Homeworks Construction & Design | $20,833 |
| Winston B. Offer | $20,832 |
| C J Investments, Inc. | $20,832 |
| Jessica N. Rodriguez | $20,832 |
| Jimmy Marinelarena | $20,832 |
| Monica Ruiz | $20,832 |
| Ramses Garcia | $20,832 |
| Arta Kami Wildeboer | $20,832 |
| Naniel Perry Jr. | $20,800 |
| Stephen C Roberson, Incorporated | $20,750 |
| Eduardo Montanchez | $20,720 |
| Roofing Plus Company | $20,600 |
| Diane Martinez | $20,583 |
| Jaime Ornelas | $20,568 |
| Rosalva D. Aguilar | $20,487 |
| Edman & Associates, LLC | $20,478 |
| El Ruido, LLC | $20,432 |
| Iris Castillo | $20,250 |
| Maya Room Dance Studio | $20,250 |
| Jorge Antonio Farfan | $20,113 |
| Ana P. Farfan | $20,107 |
| Group Ten Realty | $20,029 |
| Adrian Ortega | $20,002 |
| Mata Real Estate, Inc. | $20,000 |
| Base Level, LLC | $20,000 |
| Synergia Construction, Inc. | $20,000 |
| Mark W. Brown | $19,902 |
| Downey Exterminators, Inc. | $19,900 |
| The Tanning Company, Inc. | $18,915 |
| Estate Pest Control, Inc. | $18,800 |
| Jesse a. Arana, Inc. | $18,750 |
| Johnnys Express, Inc. | $18,332 |
| Catts & Doggs Pet Boutique | $18,017 |
| Rey Leon Cruz Agency | $18,000 |
| Ignacio I. Ayala | $17,985 |
| Law Offices of William G. Cort | $17,816 |
| Express Home Loan Funding Corporation | $17,657 |
| Awesome Property Management, Inc. | $17,601 |
| System Innovations, Inc. | $17,518 |
| LA Cima Entertainment, LLC | $17,500 |
| Ernesto Sandoval | $17,500 |
| Byron Velasquez | $17,500 |
| Downey Refrigeration | $17,471 |
| Jorge Lopez | $17,341 |
| The Law Offices of Patrick S Aguiree, a | $17,095 |
| Golden State University, Inc. | $17,062 |
| Southern California Cosmetology and Barbering Employers Association | $16,935 |
| Travis Delong | $16,781 |
| Logos Investments, Inc. | $16,762 |
| Orozco Real Estate, Inc. | $16,750 |
| NS Japanese Cuisine, Inc. | $16,660 |
| Don Kim | $16,200 |
| Inner Community Apartments, LLC | $15,988 |
| L. A. Camper Shells & Truck Accessories, Inc. | $15,900 |
| GC Specialized Services | $15,839 |
| Joel Gonzalez Insurance Agency, Inc. | $15,832 |
| Advanced Pharmaceutical Solutions, Inc. | $15,687 |
| Cityscape Rentals, LLC | $15,505 |
| Stephanie Ontiveros | $15,260 |
| Porcaro Enterprises, Inc. | $15,056 |
| Sonny Hieu Nguyen | $15,000 |
| Glory Church of America | $15,000 |
| 3-G Lux Auto Spa, Inc. | $15,000 |
| Vanrel Group, Inc. | $14,987 |
| Megisa PT | $14,823 |
| El Camino Children & Family Services in | $14,707 |
| David Sarinana Insurance Agency | $14,600 |
| Conalex | $14,477 |
| Pete's Auto Carriers | $14,382 |
| A & C Remodeling, Inc. | $14,208 |
| Reliable Enterprises, LLC | $14,101 |
| Parajon, Inc. | $13,600 |
| 4 Pams, Inc. | $13,422 |
| Downey Barbershop | $13,377 |
| Gabriela Tafolla | $13,262 |
| M. A. D. E. Development, Inc. | $13,221 |
| Sant Keval, LLC | $13,100 |
| E & R Healthy Products, Inc. | $12,938 |
| Robert Colenzo | $12,737 |
| Isai Juarez | $12,597 |
| Mata Paralegal Services, Inc. | $12,557 |
| Orloff & Associates, APC | $12,500 |
| William Ortmann | $12,311 |
| Frost Escrow Company | $12,000 |
| Parent Education Bridge for Student Achievement Foundation | $11,900 |
| JJ Oakmont | $11,749 |
| Estrella Santos | $11,494 |
| Salvador Galvez R. D. H, Inc. | $11,250 |
| Ana K. Chavez | $11,250 |
| Elite Insurance Services | $10,900 |
| First Point Insurance Services | $10,882 |
| Psycho Turtle Collectibles, LLC | $10,677 |
| Martinez Insurance Agency | $10,492 |
| R & G Management Services, Inc. | $10,431 |
| Grc Trucking | $10,375 |
| Imperio & Associates, Inc. | $10,322 |
| Premier Health Research Center | $10,310 |
| A & S Lali, Inc. | $10,104 |
| Eva Perez | $10,101 |
| Allen S. Cooper III | $10,100 |
| MGC Industrial Scrap Metals, Inc. | $10,087 |
| Eliezer Noriega Peguero | $10,015 |
| Ournextcar, Inc. | $10,000 |
| Green Fleet Repairs, Inc. | $10,000 |
| Jenny Nguyen, O.D. | $9,912 |
| Nailland Nails and Spa, Inc. | $9,895 |
| Abouelnaga Transport, LLC | $9,695 |
| Galaxy Systems | $9,623 |
| Edgar Pineda | $9,600 |
| Ana Cortes | $9,482 |
| Forest of Money, Inc. | $9,375 |
| Fanda Services, LLC | $9,243 |
| ABFL Services, Inc. | $9,175 |
| Tacos El Grullo, Inc. | $9,000 |
| Edgar N Palacios, PA & Company | $8,790 |
| Zevco, Inc. | $8,786 |
| Giselle Perez | $8,593 |
| Claudia Yecenia Farfan | $8,552 |
| Joseph Haddad Insurance Agency, Inc. | $8,333 |
| Lidia Perez | $8,298 |
| Juan Cervantes | $8,250 |
| Mayra Holland | $7,865 |
| Fifth Sign Ventures | $7,599 |
| 1st Active Promotions, Inc. | $7,500 |
| Oscar Rojas, Attorney at Law | $6,924 |
| Golden Nails Salon | $6,902 |
| Social Business Bosses, LLC | $6,740 |
| Ana Del Carmen Morales | $6,708 |
| Carlos Sotomayor | $6,612 |
| U S Tae Kwon Do Center | $6,400 |
| LA Tax Service | $6,277 |
| Choice Motors O. C., Inc. | $6,250 |
| Young Health Center | $6,230 |
| Camtastic Events, LLC | $6,100 |
| Masa Sushi Bon Appetit Sushi and Salad, LLC | $6,000 |
| Intero Re | $5,938 |
| Zenada Evans | $5,732 |
| Granados Insurence Agency | $5,700 |
| Luis R. Dominicis | $5,500 |
| Brian C Payne a Professional Med Corporation, M.D. | $5,470 |
| Zuniga Professional Services, Inc. | $5,330 |
| One Digital Economy, Inc. | $5,208 |
| Carina Pinal | $5,200 |
| Chita's Floral Designs | $5,194 |
| Downey Church of Religious Science | $5,135 |
| Ariana Rodriguez | $5,016 |
| Elimgo | $5,014 |
| Maxim Beauty Supply & Salon, Inc. | $5,000 |
| Edgar Gutierrez | $5,000 |
| Agent Transportation, Inc. | $4,540 |
| Monica G. Miranda | $4,517 |
| Downey Music Center, Inc. | $4,500 |
| MGP Construction, Inc. | $4,460 |
| Maria A. Vargas | $4,373 |
| Paul E. Fiala | $4,215 |
| Vidal Henriquez | $3,892 |
| Gonzalez Acupuncture | $3,772 |
| Cesareo Family Daycare | $3,676 |
| Hom Communications | $3,596 |
| Zoom INN Eyebrow Threading and Gift | $3,527 |
| Jacksonhomes, LLC | $3,395 |
| Daniel Bahk | $3,190 |
| Gerardo Vega | $3,172 |
| Smoky Headz | $3,156 |
| Jeanette Satellite Station | $3,130 |
| Renewing My Life International Center | $3,122 |
| Om Threading | $3,102 |
| Villatek | $3,037 |
| Gustavo Rigali Real Estate and Income Tax Services | $2,993 |
| Rocio Medina | $2,732 |
| Jorge Queens | $2,636 |
| Rene T. Deharo | $2,595 |
| Soon Lee | $2,532 |
| Downey Diamond Nails | $2,500 |
| Ace Reliable Products, LLC | $2,482 |
| Claudia Lira | $2,436 |
| Saga Wireless | $2,387 |
| Carlos Pena | $2,300 |
| One Stop Bargain, LLC | $2,100 |
| WJC Laundry, LLC | $2,090 |
| Aceves Insurance Services, Inc. | $2,083 |
| Jackie Moya | $1,836 |
| Amanda Aparicio | $1,814 |
| Carmen Rivera | $1,800 |
| Kristephy Trucking, LLC | $1,789 |
| Samuel Tafolla | $1,600 |
| Kenneth Leon | $1,510 |
| Moises Leyva | $1,389 |
| Maria E. Valbuena | $1,315 |
| Spencer Conley | $1,130 |
| China Wok Express | $1,127 |
| The Collazo Collective, Inc. | $1,042 |
| Angeles Coronado | $787 |
Alerts Sign-up