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 98465
| Name of Borrower | Current Approved Amount |
|---|---|
| Georgian Rehab, LLC | $676,100 |
| St. Charles Borromeo | $625,000 |
| Tacoma Defy, LLC | $159,600 |
| Silvia LA Rosa D. Odont P. S | $146,700 |
| Lux a Salon and Spa | $131,059 |
| Thomas F Gessel, PLLC | $128,700 |
| Karl Smith, PLLC D.D.S. | $128,275 |
| Manuel LA Rosa PS, D.D.S. | $116,800 |
| Villacorta Law PS | $105,100 |
| Family Tree Care Professionals, LLC | $89,650 |
| Sushido Tacoma, Inc. | $67,795 |
| Temple Beth El | $67,000 |
| Thai Pham, Corporation | $52,031 |
| Growing Pains Learning Center | $43,985 |
| Wok V Teriyaki | $39,800 |
| St. Andrew's Episcopal Church | $38,750 |
| Heidi Kristine Henderson Be Hive | $38,750 |
| 1 M, Inc. | $33,000 |
| Tacoma's Best Piercing | $30,000 |
| Tacoma Pierce County Small Business Incubator | $28,440 |
| Prometheus Subs, Inc. | $23,702 |
| AVT Services, LLC | $20,833 |
| Colleen J. Walker | $20,832 |
| Thomas Rickey | $20,800 |
| Mark E. Mattingly Insurance and Financial Services, Inc. | $20,700 |
| Colombian Garden, LLC | $20,226 |
| Monster Enterprises, Inc. | $19,926 |
| Hendrickson Marketing, LLC | $19,900 |
| Angel Guard Home Care | $19,726 |
| Pacific J&C Corporation | $17,922 |
| Thana, LLC | $17,690 |
| SKTJK, LLC | $16,250 |
| Adam Cuevas | $15,000 |
| Laural Schaberg J. Msn Arnp Ps | $14,817 |
| Checkers Food, LLC | $14,100 |
| Trimax Fitness, LLC | $13,750 |
| Tanya Headrick, LLC | $13,540 |
| The Jagod Group, Inc. | $10,500 |
| Simply Hot Yoga, LLC | $7,895 |
| Mighty Mighty Online, Inc. | $7,500 |
| Paul Vincent Martin Attorney at Law | $7,267 |
| Century Financial, LLC | $6,827 |
| Dental Smiles, Inc. | $6,526 |
| Bruce Construction Company BLC | $5,469 |
| Robert Andrew Taylor | $5,000 |
| Grant Management Consulting, LLC | $4,400 |
| Anne Demille | $4,360 |
| Nhiem Thi Tran | $3,310 |
| Franklin Richards | $3,000 |
| Long Tran | $2,459 |
| Kim ANH Restaurant | $1,912 |
| Safetransitions | $1,600 |
| Bryanmarine | $1,346 |
| Precise Posture | $675 |
Alerts Sign-up