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 43952
| Name of Borrower | Current Approved Amount |
|---|---|
| Franciscan University of Steubenville | $6,650,000 |
| Grae-Con Process Piping, LLC | $2,509,061 |
| Grae-Con Construction, Inc. | $1,792,695 |
| Albert Motors, Inc. | $1,090,845 |
| The Voto Manufacturers Sales Company | $632,400 |
| The National Colloid Company | $576,900 |
| Jefferson Behavioral Health System | $537,605 |
| Special Installations, Inc. | $532,532 |
| Grae-Con Electric, LLC | $473,995 |
| St. Paul Center for Biblical Theology | $459,178 |
| Steubenville Ambulance Service | $452,352 |
| Jefferson Investigators & Security, Inc. | $365,947 |
| Fort Steuben Maintaince, Inc. | $355,800 |
| Steel Valley Hospitalist, Inc. | $342,182 |
| Steubenville Catholic Central High School | $339,900 |
| Albert Chevrolet, Buick, GMC, Cadillac, Inc. | $333,902 |
| East Ohio Motors, Inc. | $333,700 |
| Legal Hair, Inc. | $314,148 |
| Steel Valley Emergency Physicians, LLC | $308,517 |
| Bishop John King Mussio Schools | $295,100 |
| Student Resource Center, LLC | $290,315 |
| Barium & Chemicals, Inc. | $281,900 |
| Diocese of Steubenville | $274,800 |
| Steubenville Truck Center, Inc. | $271,610 |
| Sunset Motors, Inc. | $271,517 |
| Quik-Mart & More, Inc. | $257,925 |
| Steubenville Country Club Manor, Inc. | $251,888 |
| Bully Tools, Inc. | $251,300 |
| D'Anniballe and Company, Inc. | $247,900 |
| Riley Petroleum Products, LLC | $239,175 |
| The Checker Cab Company of Steubenville, Ohio, Inc. | $235,921 |
| Messina Restaurant Group Limited | $228,800 |
| Regional Cardiac Arrhythmia, Inc. | $216,233 |
| Crimson Resources, LLC | $188,600 |
| Bryan Smith Real Estate Services, LLC | $184,730 |
| World International Testng, Inc. | $183,765 |
| Steubenville Radiology Associates, Inc. | $183,360 |
| Borden Office Equipment Company | $178,700 |
| Vagabond Missions | $177,800 |
| American View, Inc. | $176,458 |
| The M. & M. Hardware Company | $173,298 |
| Welsh Enterprises, Inc. | $170,700 |
| Donvernon Heating & Roofing, Inc. | $170,000 |
| General Rental, Inc. | $169,580 |
| Naples Steak & Spaghetti House | $167,600 |
| Mark Nelson Enterprises, LLC | $155,997 |
| Ohio Water Haulers, LLC | $155,660 |
| Catherine's Care Center, Inc. | $143,095 |
| Jack a Allen, Inc. | $131,460 |
| Del Kott, Inc. | $129,000 |
| Able Concrete, Inc. | $124,940 |
| The Urban Mission Ministries, Inc. | $120,165 |
| Regional Cardiovascular and Medical Center, Inc. | $113,302 |
| D L C Transport, Inc. | $105,600 |
| Fort Steuben Ophthalmologistics, Inc. | $95,300 |
| Scaffidis Pasta, Inc. | $92,196 |
| Edward J. Jagela, F. A. A. O., Professional LLC O.D. | $91,617 |
| J D Dicarlo Distributing Company, Inc. | $90,300 |
| Michael G. Didomenico, CPA | $87,222 |
| Joseph V Clause, D.D.S. | $84,000 |
| Genesis Corporation | $83,410 |
| Steubenville Hospitality, LLC | $83,080 |
| Doyle Commercial Refrigeration Services, Inc. | $81,400 |
| Martha Manor Home | $76,467 |
| Oral Surgery, Inc. | $72,800 |
| Em-Media, Inc. | $71,500 |
| Valley Eye Care, Inc. | $69,800 |
| Joyce Cpa's, Inc. | $63,000 |
| Mosti Funeral Home, Inc. | $62,370 |
| G & D Riverboat, Inc. | $60,000 |
| A. Pate, Inc. | $59,342 |
| Crown Hotels, Inc. | $58,922 |
| Dietrich Von Hildebrand Legacy Project | $58,000 |
| Mount Calvary Cemetery Association | $57,900 |
| Choi Orthodontics | $56,400 |
| Steubenville Downtown Bakery, Inc. | $52,549 |
| Certwood Limited | $52,500 |
| Vans Iron & Metal | $51,000 |
| Richard Sherrin and Associates, Inc. | $50,100 |
| Oklok Criss and Associates, Inc. | $48,900 |
| Clykel, Inc. | $48,800 |
| Complete Foot & Ankle Care, LLC | $48,000 |
| John Vallera | $46,800 |
| Rehab-Bray, LLC | $46,425 |
| Fresh Twist, LLC | $44,956 |
| Ohio Valley Pathology Associates, Inc. | $44,600 |
| Urology Group Assocs, Inc. | $41,667 |
| Smittys Carpet Connection, Inc. | $40,400 |
| Ralph Taylor JR Heating & Cooling, LLC | $40,200 |
| Steubenville Veterinary Hospital | $39,800 |
| Lumarlu, LLC | $39,500 |
| Phoenix Scrap Metals, LLC | $38,600 |
| Hyper Do, Inc. | $38,600 |
| 4 Hair, Inc. | $38,200 |
| Sergakis, Inc. | $36,545 |
| Aim Womens Center | $36,300 |
| Domine Ubi Habita | $35,000 |
| First Westminster Presbyterian Church | $34,800 |
| Proserv 356, Inc. | $34,505 |
| Triumph of the Cross Parish | $33,777 |
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