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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Clambake, Inc. | $1,704,694 |
| The Red INN at Provincetown, Inc. | $815,568 |
| Crowne Pointe, Inc. | $604,107 |
| Steamboat Wharf of Provincetown, Inc. | $594,213 |
| The Boatslip, LLC | $534,684 |
| MJT Enterprises, Inc. | $498,723 |
| Fanizzi, Inc. | $483,503 |
| Provincetown INN, Inc. | $482,327 |
| Crown & Anchor, Inc. | $465,925 |
| Saki, LLC | $457,184 |
| Donald Edwards Enterprises, Inc. | $394,692 |
| Lower Cape Ambulance Association, Inc. | $388,230 |
| New Hop, Inc. | $381,745 |
| Nor'east Beer Garden, Inc. | $319,458 |
| Vicio, Inc. | $317,662 |
| Town Hospitality Group, Inc. | $291,697 |
| Salt Hotels, LLC | $289,771 |
| Gusto, Inc. | $273,865 |
| Van Dereck Enterprises | $256,294 |
| The Pilgrim House, LLC | $247,845 |
| Jabong Enterprises, Inc. | $247,661 |
| The Galley Catering, LLC | $244,508 |
| 371 Commercial Street, Inc. | $244,083 |
| 328 Commercial Street, Inc. | $240,244 |
| Pack Ventures, LLC | $226,273 |
| Strangers and Saints, Inc. | $219,411 |
| Brass Key Hospitality Group, LLC | $195,844 |
| Voorspoed, Inc. | $189,792 |
| Art's Dune Tours, Inc. | $182,685 |
| Kohi Coffee Company | $178,794 |
| Lola Bean, Inc. | $178,628 |
| LFS Group, Inc. | $177,233 |
| Waydowntown Incorporated | $172,113 |
| Sweetlove31, Inc. | $171,156 |
| Lei INN, LLC | $170,485 |
| Cape Cod Pilgrim Memorial Association of Provincetown | $160,000 |
| Ross' Grill, LLC | $157,387 |
| Clipper Ventures, Inc. | $156,039 |
| Best Buns, Inc. | $146,398 |
| A Lea Delaria Joint, LLC | $144,998 |
| Lexvest Colony Operator, LLC | $141,204 |
| Farland, Inc. | $139,215 |
| Provincetown ART Association and Museum, Inc. | $130,037 |
| Lands END Marine Supply, Inc. | $129,308 |
| Lewis Brothers, Inc. | $128,158 |
| Savory on the Cape, Inc. | $122,611 |
| Luster-Packard, Inc. | $120,763 |
| Carpe Diem Guesthouse and Spa, Inc. | $118,947 |
| Party Girls, Inc. | $117,219 |
| Fine ARTS Work Center in Provincetown, Inc. | $117,098 |
| Scott a. Allegretti PC, D.D.S. | $114,909 |
| Spiritus Enterprises, Inc. | $114,167 |
| Ptown Coffee Corporation, Inc. | $113,363 |
| Hollywood to Heaven, Inc. | $112,560 |
| Allstrum, Inc. | $110,285 |
| Coffee Pot & More, Inc. | $109,410 |
| Provincetown Nut House, Inc. | $108,128 |
| Summit Consulting Group, Inc. | $107,398 |
| Backstreet Hotel, Inc. | $105,739 |
| Summit Consulting Group, Inc. | $104,165 |
| Harbor Lounge, Inc. | $98,786 |
| Joe and Son Appliance Center, Inc. | $97,699 |
| Plan B Adventures, LLC | $94,500 |
| Union Wharf Holdings, LLC | $93,194 |
| J&e Fruit and Produce, Inc. | $91,873 |
| Raina Stefani | $91,189 |
| James J Roderick, Inc. | $91,106 |
| Baker Technology Associates, Inc. | $90,441 |
| West END Ale House and Oyster Bar, LLC | $89,675 |
| Weiner Stand, Inc. | $87,405 |
| Flyer's Boat Rental, Inc. | $83,421 |
| Brutus, Inc. | $83,080 |
| Float Space 8W, Inc. | $82,365 |
| Far Land on the Beach, LLC | $81,492 |
| Bottoms Up, LLC | $79,154 |
| HI, Inc. | $78,830 |
| Exuma, Inc. | $76,109 |
| Steve and B Company | $75,915 |
| Foxberry INN Managment | $74,257 |
| Shane's Sweets, LLC | $72,692 |
| D. Flax, Inc. | $71,533 |
| Bowd Hotels, LLC | $70,271 |
| Shirts R US, Inc. | $68,332 |
| GPM Sports Group, LLC | $68,100 |
| Eastwood at Provincetown Homeowners Association | $67,800 |
| Solstice Foods, Inc. | $65,929 |
| Vorelli's, Inc. | $64,998 |
| Birchwood Holdings, Inc. | $63,641 |
| Beach Market, Inc. | $62,500 |
| Hersheldon's, Inc. | $59,000 |
| Pilgrim Lake Group, Inc. | $58,072 |
| Harvard Associates, Inc. | $57,865 |
| Scottcakes | $57,660 |
| Scottcakes | $57,660 |
| Marspec, Inc. | $57,469 |
| Native Cape Cod Seafood, LLC | $57,218 |
| Ptown Ice Cream, LLC | $56,676 |
| Ron Singer, Ltd. | $55,553 |
| Cabot's Candy Factory, Inc. | $54,272 |
| Jafso, Inc. | $53,620 |
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