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 98446
| Name of Borrower | Current Approved Amount |
|---|---|
| Pioneer Recycling Services, LLC | $1,781,148 |
| Danard Electric, Inc. | $1,586,260 |
| Kliemann Brothers Heating and Air Condit | $1,210,840 |
| Coastal Steel Incorporated | $1,161,080 |
| Integrated Concrete Systems, Inc. | $670,702 |
| Insulation 4 Less, Inc. | $577,750 |
| Total Grounds Management, Inc. | $513,195 |
| Tercom Construction, Inc. | $398,375 |
| L'Arche Tahoma Hope Community | $380,600 |
| Four Seasons Concrete Construction, LLC | $367,247 |
| Alliance Steel Fabrication, Inc. | $295,650 |
| Coopers Auto Repair Specialist | $263,447 |
| Sound Life Church the Assemblies of God | $231,575 |
| Great Northwest Excavation, LLC | $228,452 |
| Newell Brothers, Inc. | $224,900 |
| Universal Saw & Tool, LLC | $221,998 |
| LS Direct, Inc. | $204,400 |
| Bob Larson Plumbing, LLC | $192,270 |
| Pease Piping, Inc. | $185,817 |
| P & S Painting | $180,332 |
| Our Savior Lutheran Church | $175,900 |
| Alliance Steel Erectors, Inc. | $166,222 |
| Trustee Investments, LLC | $159,315 |
| Fawcett Plumbing | $145,224 |
| Premier Paving and Sealcoat, LLC | $144,997 |
| Samphan Corporation | $135,900 |
| Thompson Appliance Service | $132,100 |
| Teras Construction, LLC | $117,663 |
| Best Choice Heating, LLC | $116,909 |
| Pacific Powershifts, Inc. | $116,000 |
| Equine Hospital of Tacoma | $109,646 |
| Rachel Kukhahn, LLC | $109,447 |
| Culbertson Sign Service, LLC | $91,900 |
| Thai Columbian Apartments, LLC | $87,900 |
| IN Time Renovations, LLC | $83,973 |
| Bulldog Property Services, Inc. | $77,777 |
| Slead Construction | $70,600 |
| Sean, LLC | $68,545 |
| Windom Window Washing, Inc. | $66,571 |
| KJ3, Inc. | $59,487 |
| GMS Specialty, Inc. | $56,688 |
| Alysha and Hakan Kaplan | $55,137 |
| Michael's Custom Upholstery, LLC | $54,652 |
| Meridian Landscaping, LLC | $45,298 |
| Mccallister Company, Inc. | $42,750 |
| JCH Properties | $41,414 |
| Smoravar, LLC | $38,875 |
| Superior Coatings, Inc. | $37,917 |
| Four Seasons Painting & Siding, LLC | $37,333 |
| Summit RV Repair, Inc. | $37,155 |
| Gill & Kahlon, Inc. | $34,800 |
| Unearth, LLC | $33,847 |
| O'Sage Signs, LLC | $32,600 |
| Summit Christian Fellowship | $31,010 |
| Carpet Care of HP, LLC | $30,000 |
| Puget Sound Gas Piping, Inc. | $29,927 |
| Exacto, Inc. | $28,974 |
| Iso Properties, LLC | $27,600 |
| Crossroads Covenant Church | $27,332 |
| D & a Electric, LLC | $26,047 |
| American Design International | $25,900 |
| Apple Contracting Associates, LLC | $25,550 |
| Divine by Design Custom Concrete | $25,000 |
| AMC Family Services, Inc. | $24,270 |
| All Ways Under Pressure, LLC | $22,727 |
| Randal S. Christianson | $22,427 |
| PETER | $22,166 |
| Bigboys Towing and Transporting, LLC | $20,800 |
| David Faulk | $20,800 |
| Allar Properties, LLC | $20,484 |
| Traditional Homes, Inc. | $20,299 |
| Win-Star Bed & Biscuit | $20,200 |
| Pacific Gardeners, Inc. | $19,830 |
| Frederickson Transmission | $17,675 |
| The Four Shepherds, LLC | $17,558 |
| Amazing Discoveries Daycare, LLC | $15,350 |
| Blue Ox Construction, Inc. | $15,000 |
| Pacific Dust Control & Trucking, Inc. | $14,946 |
| Nali Masonry, Inc. | $14,200 |
| Som Phean Trucking, LLC | $14,190 |
| Hatfields Operations, LLC | $13,019 |
| Paust Roofing, Inc. | $12,275 |
| Joseph Wanjiku | $10,172 |
| Energy ARTS, LLC | $9,926 |
| Duffy Construction, LLC | $8,200 |
| R & A Trucking Express, LLC | $7,500 |
| Jennifer Babb | $6,708 |
| United Builders, LLC | $6,571 |
| Austin Reinitz | $6,425 |
| Christina Chime | $6,301 |
| Munchie Machine Vending | $5,862 |
| Marzano Real Estate and Mortgage Services, Inc. | $5,000 |
| Pearl's Hair Design, LLC | $5,000 |
| PNW Bookkeeping Services, LLC | $4,891 |
| Beeline Express, LLC | $4,167 |
| Mortgage Express, Inc. | $2,500 |
| Tami Mitchell | $2,500 |
| Revival Signs | $1,160 |
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