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 90242
| Name of Borrower | Current Approved Amount |
|---|---|
| James Perse Enterprises, Inc. | $4,224,445 |
| International Aluminum Corporation | $2,196,700 |
| Rancho Research Institute, Inc. | $770,147 |
| St. Pius X. St. Matthias Academy | $557,450 |
| SST Technologies | $550,265 |
| M & M Cut-O-Matic, Inc. | $512,454 |
| RPSS, Inc. | $509,643 |
| Downey Grinding Company | $459,150 |
| Commercial Truck Equipment Company, LLC | $452,000 |
| Tempo Cantina Downey, LLC | $450,700 |
| Ame Medical Group, Inc. | $397,205 |
| J Whitley Dental Corporation | $337,300 |
| R. F. Dickson Company, Inc. | $294,123 |
| Enhanced Life for All | $229,500 |
| Lakewood Residential Care, LLC | $217,400 |
| Online Trucking, Inc. | $216,437 |
| Eofix Corporation | $206,500 |
| St. Raymond School | $193,848 |
| Green Olive Mediterranean Cuisine | $193,012 |
| Assured in-Home Care Los Angeles, Inc. | $187,500 |
| Veracruz Restaurant Rolemo Enterprise, LLC | $173,472 |
| M&L Food Company, Inc. | $156,165 |
| Garcia Investments, LLC | $151,962 |
| United Motors International, Inc. | $149,932 |
| Em Construction | $130,188 |
| Downey Restaurant Group, Inc. | $127,900 |
| Life Medical Home Care Services, Inc. | $125,298 |
| Pi Nail Spa | $125,000 |
| Dan's Certified Welding, Inc. | $123,750 |
| Alpha Grinding, Inc. | $123,024 |
| Charles R Stuckenprof Dental Corporation, D.D.S. | $120,857 |
| Ariella Pessah Dental Corporation | $120,160 |
| 7 Leaves Downey, LLC | $117,500 |
| Downey Stox, Inc. | $115,000 |
| Artem Zherdov | $113,750 |
| Ame Management Firm, Inc. | $106,157 |
| LA Perla Del Mar, Inc. | $103,267 |
| Team Tite Joint, Inc. | $101,847 |
| Vahid Babaeian D D S, Inc. | $101,802 |
| Hunt Chiropractic, Inc. | $100,000 |
| Boys Burgers #10 | $93,600 |
| Full Circle Recycling Company | $87,900 |
| J. A. M. Trucking Services, Inc. | $84,355 |
| St. Raymond Catholic Church | $83,823 |
| Honey Pacifica Company | $82,146 |
| Downey Pizza Store, Inc. | $81,750 |
| Lakewood Express, Inc. | $78,000 |
| Production Networking, Inc. | $77,692 |
| A-Drains Plumbing and Rooter, Inc. | $69,583 |
| Leek Logistics Corporation | $69,400 |
| Miltor, LLC | $69,100 |
| Anders Juice Bar | $68,700 |
| Curiel and Martinez Management, Inc. | $68,500 |
| Casa Mexico Enterprises, LLC | $67,083 |
| Emporio Sushi & Mariscos, Inc. | $66,802 |
| Guacamaya Oasis, Inc. | $66,635 |
| Greater Los Angeles Education Foundation | $63,000 |
| Glorias Carniceria, Inc. | $62,670 |
| My Taco Guy, LLC | $62,545 |
| I. Anthony Bordas, Inc., D.D.S. | $62,500 |
| Lynn's Auto Air, Inc. | $61,287 |
| Best Choice Insurance Agency, Inc. | $60,621 |
| Quantum Eye Group, Inc. | $59,600 |
| Rapid Document Insurance Agency, Inc. | $57,882 |
| Roadline Products U. S. A., Inc. | $57,500 |
| Pro-Active Escrow, Inc. | $57,000 |
| D. L. R. Investments, LLC | $55,095 |
| West Coast Sandwiches, LLC | $52,732 |
| Shamroukh & Sons #200, Inc. | $51,600 |
| Security Land-Escrow Company | $50,700 |
| KRG Investments, LLC | $48,095 |
| Lambert Service Now & Lambert Heating and Air Conditioning | $47,957 |
| Nabhan Simaan Food Mart | $46,620 |
| CSCDN, Corporation | $46,000 |
| Jose Alfredo Sanchez | $45,672 |
| OH Interests, LLC | $45,000 |
| Downey Fleet Service, Inc. | $44,829 |
| Jay Jalian, LLC | $44,000 |
| Ying Wu, Inc., D.D.S. | $43,756 |
| Century Place | $42,817 |
| Milpas Meat Market, Inc. | $41,560 |
| Mckinnon and Sons Plumbing, Inc. | $41,032 |
| Viva Donas, Inc. | $40,920 |
| El 7 Mare Express | $40,900 |
| Fireguard Sprinkler Systems, Inc. | $40,282 |
| Tag Intermodal, Inc. | $39,843 |
| Chloe Pruitt | $39,612 |
| Boba Indeed, Inc. | $38,840 |
| Imago Dei Church | $38,247 |
| Rose & Fire, LLC | $38,232 |
| Downey Nutrition, Inc. | $37,962 |
| Flame Broiler Downey, LLC | $37,497 |
| Top Double S, Inc. | $36,000 |
| Betancourt Trucking, Inc. | $35,055 |
| Best Trio, Inc. | $34,639 |
| Imperial Express Wash, LLC | $33,600 |
| Rancho Los Amigos Foundation, Inc. | $33,333 |
| Bernotas Accountancy Corporation | $32,297 |
| Richard F Lee, D D S, Inc. | $31,385 |
| Clothes the Deal | $30,844 |
| Pacific Bay, Inc. | $30,000 |
| Bernal Chiropractic Group, Inc. | $28,932 |
| MC Electrical, Inc. | $28,025 |
| Monster Mortgage | $27,748 |
| Southland Medical Management, Inc. | $27,570 |
| Rubi Montejano Inc., D.D.S. | $27,417 |
| Socorro Cantoran | $27,406 |
| Marias Grill, Inc. | $27,032 |
| JK DCM & Engineering, Inc. | $26,637 |
| Kings Barbershop1 | $26,179 |
| Colonial Motel Downey, LLC | $26,000 |
| Zamoragroup, LLC | $25,977 |
| Raymond Paramo Insurance Agency, Inc. | $25,572 |
| Downey Service Station, Inc. | $25,300 |
| Dan Contractor | $25,000 |
| Threadfx, LLC | $25,000 |
| 1-800 Flowers/conroys F-57 | $25,000 |
| Hangul Acupuncture, Inc. | $24,417 |
| Cal-State Escrow, Inc. | $24,400 |
| Ofir Dental Corporation | $23,687 |
| Vortex Water Technology, Inc. | $22,439 |
| Ace Orthopedics, Inc. | $22,027 |
| John Marifian | $21,068 |
| Cheng and Kim Inc., D.D.S. | $21,000 |
| Bravo Tax and Insurance | $20,833 |
| Ana Luisa Montes | $20,833 |
| Ib & DB Trucking, Inc. | $20,833 |
| Adore Fashion | $20,833 |
| Victor Vera | $20,832 |
| Nicole S. Armijo | $20,832 |
| Louis Gomez | $20,832 |
| Jonathan L. Gomez | $20,832 |
| Diana Ruelas | $20,832 |
| Diana Gonzalez | $20,832 |
| Whitney Showaker | $20,832 |
| Maritza Guaderrama | $20,832 |
| Celia Marinelarena | $20,832 |
| Anel Salgado | $20,832 |
| Monica M. Moreira | $20,832 |
| Codie Baxter | $20,832 |
| Angela Sandoval | $20,832 |
| Elisha A. Adeagbo | $20,675 |
| Med-Net Physical Injury Care Center, Inc. | $20,039 |
| Th Natural Nails Spa, Inc. | $20,024 |
| Best Tobacco | $20,010 |
| Fernandez and Fernandez | $20,000 |
| FGRK, Inc. | $19,572 |
| Philip Adeagbo | $19,420 |
| Soluna Foods, Inc. | $19,295 |
| Vchos 1 | $19,253 |
| Medina Insurance Agency, Inc. | $19,187 |
| Royal Food Express | $19,143 |
| Regency INN Downey, LLC | $18,800 |
| Rafael Ramirez | $18,687 |
| District Vic Industries | $18,375 |
| SVM Insurance Agency, Inc. | $18,200 |
| Carol D. Martinez | $18,146 |
| Stephon Bolden | $17,708 |
| Belinda Lands | $17,500 |
| Johnny Does It Handyman Services and More | $17,500 |
| Paramount Tires, Inc. | $17,333 |
| No. 1 Nails Downey | $17,145 |
| Jose Becerra Trucking | $16,953 |
| A&T Liquor | $16,900 |
| Marvin A. Gomez | $16,700 |
| Gloria Mendez | $16,606 |
| Singh Partnership | $16,397 |
| Local Business Marketing Solutions, LLC | $16,345 |
| Dilorenzo Computer Consulting | $16,272 |
| Accufine Jewelry Corporation | $16,250 |
| Ozzie Carranza Insurance Agency | $16,095 |
| Pledge Fitness | $16,095 |
| Frank Zermeno Chiropractic, Inc. | $15,495 |
| Gildardo Jimenez Jr. | $15,417 |
| T & T Nail Salon | $15,400 |
| The Bridge Insurance Services | $15,394 |
| Irene Baltran | $15,000 |
| Jose Perez Arriaga | $14,987 |
| Enver Avdibasic | $14,823 |
| Ericka Saenz | $14,792 |
| Rivas Enterprises, Inc. | $14,730 |
| JJJD Main Street, LLC | $14,477 |
| Liliana Samano | $14,458 |
| Veronica Barajas | $14,447 |
| J & K Multani, Inc. | $14,325 |
| Paradise Roll & Sushi, Inc. | $13,954 |
| Downey Gas N Go, Inc. | $13,900 |
| Downey First Church | $13,900 |
| AFG Construction Development, Inc. | $13,686 |
| Eric Torices | $13,572 |
| Jyc Investment, Inc. | $13,397 |
| Boba Loca USA, Inc. | $13,200 |
| Time out Burger, LLC | $13,200 |
| Nextlife Asset Sales | $12,500 |
| Joslyns Hair Design | $12,428 |
| Palvinder Singh | $12,200 |
| Bryan Cruz | $11,960 |
| Jats Enterprises, Inc. | $11,805 |
| KNJM Chiller Services, Inc. | $11,800 |
| Pamela Flores C.P.A. | $11,725 |
| Oasis Bionicos and Boba | $11,688 |
| Gold Star Nails & Spa | $11,444 |
| F and J Tune and Lube | $11,250 |
| Gaxiola Insurance Agency | $11,089 |
| Ernesto A. Dubon | $11,025 |
| Am Lepe Trucking | $10,897 |
| Antonio A. Miranda | $10,625 |
| New Era Logistics, LLC | $10,562 |
| R Alliance Transport, Corporation | $10,000 |
| Pulley Tax Service | $9,995 |
| Hispanic American Insurance Asociates, Inc. | $9,995 |
| Arianna Carey | $9,286 |
| Micaela Rios | $9,187 |
| Alfredo Gutierrez | $9,100 |
| Smoken Smoke House, Inc. | $9,065 |
| SH & K, Inc. | $9,000 |
| Aleyda Garcia | $8,993 |
| My 6 Angels Enterprise | $8,475 |
| King Cobra Mma | $8,399 |
| Law Offices of Miguel Duarte, Inc. | $8,174 |
| Landscape Conservation Design, Inc. | $8,102 |
| GS Transport | $7,900 |
| Jason K. Yanez | $7,890 |
| Elite Vision, LLC | $7,865 |
| Central Express Transportation | $7,616 |
| Maribel Brand Inc., D.D.S. | $7,500 |
| Maguey Investments, LLC | $7,500 |
| Jorge I. Moreno | $7,355 |
| HI-Tek Solutions | $7,037 |
| Go Green Interior Plants | $6,665 |
| An Pham | $6,590 |
| JRB Group, Inc. | $6,500 |
| Louisiana Fried Chicken & Chinese Food | $6,379 |
| SG Nanda Agency, Inc. | $6,332 |
| Hak Choe | $6,300 |
| Kimmy Nails, Inc. | $6,295 |
| Suda Fitness Training | $6,000 |
| Barahona Enterprises, Inc. | $5,842 |
| Chris Ahn | $5,600 |
| Perryman Consulting, Inc. | $5,200 |
| Cherisse Jameson | $5,125 |
| Cedars Transportation Services, Inc. | $5,000 |
| Hany Kahil | $5,000 |
| Marrnol Rosales Ramos | $4,711 |
| Sergio Estevez | $4,697 |
| Taxtime 415, LLC | $4,592 |
| Royal Liquor & Grocery | $4,545 |
| Fresh Anointing Church of God in Christ | $4,182 |
| Marisela Flores | $4,059 |
| Estela Garcia | $3,763 |
| Tierra Nueva Properties, LLC | $3,700 |
| Maebella Salon | $3,677 |
| The Kings Knight | $3,658 |
| JHM Investment Group, LLC | $3,500 |
| Bong Soo Lee | $3,500 |
| Jose Prada | $3,200 |
| JTL & Partners, LLC | $3,163 |
| Nurture Home Care Corporation | $3,000 |
| J&S Specialties, Inc. | $2,900 |
| Rios Trucking | $2,555 |
| H & R Services | $2,500 |
| Ultimate Dance Fashion Store | $2,260 |
| Destiny House Ministries | $1,894 |
| Guadalupita Music, LLC | $1,320 |
| Italtech GT, Inc. | $1,288 |
| C &r Real Estate Marketing and Investment, LLC | $1,236 |
| Rosa Bartola Parada Molina | $912 |
| Yamilett Socorro Huerta | $370 |
| Renovation Hair Center | $131 |
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