There were 103 PPP loans issued in Massachusetts during the week ending May 17. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Kerwin Group, Inc. | 2020-05-11 | $2-5 million |
Arthur D Little, Inc. | 2020-05-11 | $350,000-1 million |
Commonwealth Ventilation Systems, Inc. | 2020-05-11 | $350,000-1 million |
Jeh Restaurants, Inc. | 2020-05-11 | $350,000-1 million |
Parish Cafe, Inc. | 2020-05-11 | $350,000-1 million |
Prime Software Technologies in | 2020-05-11 | $350,000-1 million |
Supreme Council, 33 Degree, a. A. S. R. , N. M. J | 2020-05-11 | $350,000-1 million |
Templum, Inc. | 2020-05-11 | $350,000-1 million |
West Bridgewater Restaurants, Inc. | 2020-05-11 | $350,000-1 million |
Auclairs Market, Inc. | 2020-05-11 | $150,000-350,000 |
Christoper Peluso Orthodontics, PC | 2020-05-11 | $150,000-350,000 |
Classic Construction & Development Corporation | 2020-05-11 | $150,000-350,000 |
Dexai Robotics, Inc. | 2020-05-11 | $150,000-350,000 |
Etech, Inc. | 2020-05-11 | $150,000-350,000 |
Fall River Restaurants, Inc. | 2020-05-11 | $150,000-350,000 |
FR Waterfront, Inc. | 2020-05-11 | $150,000-350,000 |
Glennco Incorporated | 2020-05-11 | $150,000-350,000 |
Glick Orthodontics, P.C. | 2020-05-11 | $150,000-350,000 |
Los Pelones, Inc. | 2020-05-11 | $150,000-350,000 |
North Attlebobo Restaurants, Inc. | 2020-05-11 | $150,000-350,000 |
Orthopedic Specialists, LLC | 2020-05-11 | $150,000-350,000 |
Plaza Azteca Hingham, Inc. | 2020-05-11 | $150,000-350,000 |
Ruelas, Inc. | 2020-05-11 | $150,000-350,000 |
Sham, Tang and Tam, P.C. | 2020-05-11 | $150,000-350,000 |
Splex Corporation | 2020-05-11 | $150,000-350,000 |
St. Benedict Classical Academy, Inc. | 2020-05-11 | $150,000-350,000 |
Stephen S. Raisman, P. C. , D.M.D. | 2020-05-11 | $150,000-350,000 |
SZA, LLC | 2020-05-11 | $150,000-350,000 |
SZC, LLC | 2020-05-11 | $150,000-350,000 |
Trustees of the Forbes Library | 2020-05-11 | $150,000-350,000 |
Whittier Health Pharmacy, Inc. | 2020-05-11 | $150,000-350,000 |
Digilant, Inc. | 2020-05-12 | $1-2 million |
Appa, LLC | 2020-05-12 | $350,000-1 million |
Argus Management Corporation | 2020-05-12 | $350,000-1 million |
Frank & Nick, Inc. | 2020-05-12 | $350,000-1 million |
Pittsfield Motors, Inc. | 2020-05-12 | $350,000-1 million |
Barges, LLC | 2020-05-12 | $150,000-350,000 |
Blue Lily, LLC | 2020-05-12 | $150,000-350,000 |
D&J Enterprise, Inc. | 2020-05-12 | $150,000-350,000 |
Imai Keller Moore Architects, Inc. | 2020-05-12 | $150,000-350,000 |
Lovingparents Home Healthcare, LLC | 2020-05-12 | $150,000-350,000 |
Quality Care Providers, LLC | 2020-05-12 | $150,000-350,000 |
Quantum Diamond Technologies, Inc. | 2020-05-12 | $150,000-350,000 |
Ron-Mar, Inc. | 2020-05-12 | $150,000-350,000 |
Springfield Empowerment Zone Partner | 2020-05-12 | $150,000-350,000 |
T & D Specialities, Inc. | 2020-05-12 | $150,000-350,000 |
Tai-Sen, Inc. | 2020-05-12 | $150,000-350,000 |
The Logan Company, Inc. | 2020-05-12 | $150,000-350,000 |
Little Enterprises, Inc. | 2020-05-13 | $1-2 million |
Lentros Engineering, Inc. | 2020-05-13 | $350,000-1 million |
Avila Plumbing and Heating, Inc. | 2020-05-13 | $150,000-350,000 |
Bi-Qem, Inc. | 2020-05-13 | $150,000-350,000 |
Centerity Systems, Inc. | 2020-05-13 | $150,000-350,000 |
Control Resources, Inc. | 2020-05-13 | $150,000-350,000 |
Customergauge USA, LLC | 2020-05-13 | $150,000-350,000 |
Everclean Management Company, Inc. | 2020-05-13 | $150,000-350,000 |
Harborside Triangle Liquors, Ltd. | 2020-05-13 | $150,000-350,000 |
J. R. Hudson Horse Transportation, Inc. | 2020-05-13 | $150,000-350,000 |
Krofta Technologies, LLC | 2020-05-13 | $150,000-350,000 |
Newton Street Dental, P.C | 2020-05-13 | $150,000-350,000 |
O'Brien Homes, Inc. | 2020-05-13 | $150,000-350,000 |
Plymouth Bay Internal Medicine | 2020-05-13 | $150,000-350,000 |
Regional Industrial Services Corporation | 2020-05-13 | $150,000-350,000 |
The William a Allen Company, Inc. | 2020-05-13 | $150,000-350,000 |
W. J. Roberts Company, Inc. | 2020-05-13 | $150,000-350,000 |
Yeat, Inc. | 2020-05-13 | $150,000-350,000 |
Blackstone Construction Group, Inc. | 2020-05-14 | $350,000-1 million |
The Aberdeen Group, LLC | 2020-05-14 | $350,000-1 million |
Agawam Medical Supply Corporation | 2020-05-14 | $150,000-350,000 |
Casella Services Group, Inc. | 2020-05-14 | $150,000-350,000 |
Fazio Construction Corporation | 2020-05-14 | $150,000-350,000 |
Gloucester Builders, Inc. | 2020-05-14 | $150,000-350,000 |
Green Collar, LLC | 2020-05-14 | $150,000-350,000 |
Jameson & Company, LLC | 2020-05-14 | $150,000-350,000 |
Moldo Trucking, LLC | 2020-05-14 | $150,000-350,000 |
Northeast States for Coordinated Air Use Managemen | 2020-05-14 | $150,000-350,000 |
Our Market Corporation | 2020-05-14 | $150,000-350,000 |
Qserve Group US, Inc. | 2020-05-14 | $150,000-350,000 |
Shah, Dixit & Associates, P.C. | 2020-05-14 | $150,000-350,000 |
St. Joseph Church School | 2020-05-14 | $150,000-350,000 |
Tendercrop Farm at the Red Barn, Inc. | 2020-05-14 | $150,000-350,000 |
The Atlantic Red Crab Company, LLC | 2020-05-14 | $150,000-350,000 |
The Transformation Center | 2020-05-14 | $150,000-350,000 |
Vine Homecare & Staffing | 2020-05-14 | $150,000-350,000 |
Andrews West, Inc. | 2020-05-15 | $350,000-1 million |
Boxboro Hospitality, LLC | 2020-05-15 | $350,000-1 million |
Charles Contracting Company, Inc. | 2020-05-15 | $350,000-1 million |
Empire Regency Hospitality, LLC | 2020-05-15 | $350,000-1 million |
Howe Lumber Company, Inc. | 2020-05-15 | $350,000-1 million |
Isee, Inc. | 2020-05-15 | $350,000-1 million |
Mount Holyoke Management, LLC | 2020-05-15 | $350,000-1 million |
The BSST Software Group, Inc. | 2020-05-15 | $350,000-1 million |
Canton Veterinary Hospital, Inc. | 2020-05-15 | $150,000-350,000 |
Cape Cod Marble and Granite, Inc. | 2020-05-15 | $150,000-350,000 |
Chicopee Provision, Inc. | 2020-05-15 | $150,000-350,000 |
Evermore Light and Power, Inc. | 2020-05-15 | $150,000-350,000 |
Hillcrest Dental Care, Inc. | 2020-05-15 | $150,000-350,000 |
J R Transport, Inc. | 2020-05-15 | $150,000-350,000 |
Northpoint Printing Services, Inc. | 2020-05-15 | $150,000-350,000 |
Orleans Seafood, Inc. | 2020-05-15 | $150,000-350,000 |
Puffer International, Inc. | 2020-05-15 | $150,000-350,000 |
West River Hospice, LLC | 2020-05-15 | $150,000-350,000 |
Jamaica Plain Community Centers | 2020-05-16 | $150,000-350,000 |