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 32233
| Name of Borrower | Current Approved Amount |
|---|---|
| Naval Continuing Care Retirement Foundation, Inc. | $3,015,175 |
| Surface Technologies Corporation | $2,199,000 |
| Jax Dirtworks, Inc. | $1,029,500 |
| Seaside School Consortium, Inc. | $792,300 |
| The Klotz Group, Inc. | $500,000 |
| Auto Line, Inc. | $465,200 |
| American Management Group North FL | $416,700 |
| Tietjen Technologies, Inc. | $398,158 |
| Envisage International Corporation | $383,445 |
| Renegade Agent Marketing Corporation | $376,093 |
| William Pinner, Inc. | $325,000 |
| Poes Tavern Jax Beach, LLC | $317,300 |
| Sandar Industries, Inc. | $309,358 |
| Ab Yard Real Estate, LLC | $283,700 |
| Hulihan Territory, Inc. | $276,300 |
| Innovative Supply Alliance, LLC | $273,374 |
| Bosco Building Contractors, Inc. | $252,500 |
| River City Custom Cabinetry, Inc. | $251,200 |
| Ray and Ann Singleton Seafood Restaurant., Inc. | $244,687 |
| Capstone Hospitality, LLC | $231,824 |
| Mayport C&C Fisheries, Inc. | $228,600 |
| The Marina Restaurant, Inc. | $224,300 |
| The Klotz Group of Companies, LLC | $200,800 |
| Miss Becky Seafood, Inc. | $194,700 |
| Call the Screen Guys, Inc. | $185,407 |
| Limbaugh Electrical Contracting, Inc. | $180,400 |
| St. Johns Bar Pilots | $172,100 |
| Henderson Pool Service, Inc. | $168,100 |
| Culhane's Irish Pub, Inc. | $166,260 |
| Gatormoto Utility Vehicles and More, LLC | $162,300 |
| Medical Tracking Solutions, Inc. | $158,170 |
| Beaches Habitat for Humanity | $152,812 |
| Meclabs, LLC | $147,000 |
| Just Multifamily, LLC | $137,500 |
| Stitches and Screens | $134,000 |
| Romano Brothers Roofing, Inc. | $133,032 |
| TCI Mechanical, Inc. | $130,480 |
| Doug's Drains & More, Inc. | $130,000 |
| E Matrix Design, Inc. | $127,400 |
| Beaches Woodcraft, Inc. | $120,100 |
| Entertainment Strategies, Inc. | $120,000 |
| Tropic Heating and Air Conditioning, Inc. | $114,923 |
| Atlantic Beach Diner, Inc. | $113,500 |
| Atlantic Beach Lodging, LLC | $112,842 |
| RPC General Contractors, Inc. | $112,500 |
| Royal Palm Wines | $110,200 |
| Oceanside Collision | $109,000 |
| ABC Cutting Contractors of Jacksonville, Inc. | $104,160 |
| Greg Gause, Inc. | $101,400 |
| Randcor Management, Inc. | $100,000 |
| Bluejay Advisors, LLC | $98,900 |
| Auto Store Towing, Inc. | $97,200 |
| Codega Hospitality Group | $91,962 |
| CSJP Corporation | $90,000 |
| Gateway Vision, Inc. | $87,320 |
| Create Studios, Inc. | $86,000 |
| Monahan Beaches Jewelry Center, Inc. | $85,600 |
| New Daily Ventures, LLC | $85,224 |
| Ocean Woodworks, Inc. | $84,200 |
| Happy Trails 4X4, LLC | $79,700 |
| UEI FL, Inc. | $78,135 |
| Lighthouse Christian Preschool, Inc. | $76,750 |
| Artistic Contractors, Inc. | $76,700 |
| L&H Services, Inc. | $76,700 |
| Atlantic Boulevard Donuts, Inc. | $76,498 |
| Irex Logistics, LLC | $74,665 |
| Critical Fuel Services, LLC | $74,102 |
| H & H Automotive Repair Shops, Inc. | $72,000 |
| Msab, LLC | $70,400 |
| David B Duensing Aquatic Construction | $69,898 |
| Oaks at Normandy Acquisition, LLC | $68,738 |
| Kestrel Health Information, Inc. | $68,100 |
| Elim Services, Inc. | $65,593 |
| Hcfyr2, LLC | $64,630 |
| Divinity Software Group, LLC | $64,375 |
| Atlantic Coast Design and Maintenance | $63,425 |
| Apple Electric, LLC | $63,332 |
| Mayport Lodging, Inc. | $62,964 |
| JR Triple S, Inc. | $59,627 |
| DR Scott Yorko & Associates, PA | $58,837 |
| American Well & Irrigation, Inc. | $58,700 |
| Vineyard Christian Fellowship of Jacksonville Beach, Inc. | $56,250 |
| Sub Cultured, Inc. | $54,060 |
| Agent Stone of Jacksonville, Inc. | $54,000 |
| Atlantic East Animal Clinic | $52,000 |
| Almost Home Management Foundation, Inc. | $50,000 |
| Dare-2-Dream Enterprises, Inc. | $49,400 |
| Florida Hood Cleaning, Inc. | $47,900 |
| Phase One Electric, LLC | $46,925 |
| Polished Properties-US, LLC | $44,974 |
| Two Dudes Restaurant Ab, Inc. | $44,747 |
| Marine Chemist Company of North Florida | $44,617 |
| Inksmith & Rogers, Inc. | $44,240 |
| Sugarcane, Inc. | $42,800 |
| Elev8 Partners, LLC | $42,473 |
| Mayport Charter Boats King Neptune, Inc. | $41,500 |
| St. Johns the Baptist Catholic Church | $40,852 |
| East Coast Stepping Stones, Inc. | $40,800 |
| Mayport Lodging 2, Inc. | $40,632 |
| DBA Ameriprise Financial Services | $40,450 |
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