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.
| Name of Borrower | Current Approved Amount |
|---|---|
| New England Woodcraft, Inc. | $1,811,662 |
| Naylor & Breen Builders, Inc. | $1,229,700 |
| The Mckernon Group | $557,801 |
| Vermont Protective Coatings, Inc. | $197,069 |
| Thors Elegance, Inc. | $179,000 |
| Marineengine.com | $157,728 |
| Boondock Motors, Inc. | $137,500 |
| Celebration Rentals, Inc. | $136,500 |
| Cummings & Son Landclearing, Inc. | $126,700 |
| Lawes Agricultural Service, Inc. | $120,300 |
| The Brandon Harvest Group, Inc. | $118,700 |
| Black Diamond Builders, Inc. | $115,000 |
| Hayes Recycled Pallets, Inc. | $108,000 |
| Olivia's Croutons Company, Inc. | $92,300 |
| Lake Dunmore Music, LLC | $86,360 |
| Otter Creek Therapies, PLLC | $69,400 |
| Cattails, Inc. | $62,000 |
| M & M Lawn Care & Trucking, LLC | $56,200 |
| Polli Brothers Cutlery Service | $46,630 |
| Safer Society Foundation, Inc. | $44,000 |
| Daniel 3, LLC | $42,750 |
| Neshobe River Company, LLC | $42,200 |
| Gearwar's Place, LLC | $40,370 |
| Brandon Family Dentistry, LLC | $39,222 |
| Fisher Electric, LLC | $37,700 |
| Lilyquest, LLC | $36,917 |
| Neshobe Wood Products | $36,300 |
| Green Mountain Garage | $35,672 |
| Charles L. Foster, D. C., P.C. | $33,100 |
| Bootleg Distribution, LLC | $32,900 |
| Alois, Inc. | $29,220 |
| Visual Learning Systems, Inc. | $26,600 |
| Brandon Free Public Library Association | $23,340 |
| David A. Kehoe | $20,832 |
| Miner Construction, Inc. | $20,400 |
| Brandon Hospitality, LLC | $19,600 |
| Sweeps, LLC | $19,500 |
| Sawyer's INN, Inc. | $16,500 |
| Patrick J. Dunn | $14,000 |
| Thad R. Poremski | $13,300 |
| Gregs Tire, LLP | $13,225 |
| Eastern Electrical Contracting Company, Inc. | $13,000 |
| Sharon L. Stearns CPA, PLLC | $12,400 |
| Camp Thorpe, Inc. | $12,200 |
| Michael Harrington | $11,125 |
| Kimberly Harrington | $10,282 |
| S&K Manning, Inc. | $10,231 |
| Life Bridge Christian Church, Inc. | $10,100 |
| Handman, LLC | $9,700 |
| Junction Store & Deli, Inc. | $9,600 |
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