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 46368
| Name of Borrower | Current Approved Amount |
|---|---|
| G. W. Berkheimer Company Employee Stock Ownership Plan Trust, Inc. | $5,019,422 |
| Northshore Health Centers, Inc. | $4,495,800 |
| Restaurant Management Corporation | $4,425,000 |
| Circle | $2,541,665 |
| Cofreight, Inc. | $1,625,000 |
| Circle R Electric, Inc. | $1,082,200 |
| Wynstar, Inc. | $1,066,000 |
| Boys & Girls Clubs of Porter County, Inc. | $1,003,200 |
| Castle Imports, LLC | $860,065 |
| Bloomfield Corporation | $706,515 |
| Falk PLI Engineering & Surveying, Inc. | $591,200 |
| Konrady Plastics, Inc. | $547,527 |
| Cet Incorporated | $520,000 |
| Oak Management Service Company, Inc. | $519,830 |
| Five Star Hydraulics, Inc. | $483,824 |
| Security Door, Inc. | $440,100 |
| HG Global, LLC | $432,000 |
| MCP USA, Inc. | $418,900 |
| Five Star Engineering, LLC | $403,250 |
| Advanced Control Panels, Inc. | $400,000 |
| Powersource Transportation, Inc. | $353,662 |
| Northern Plant Services, Ltd. | $345,825 |
| Chhabra Medical Corporation, PC | $344,491 |
| DE Boer Egolf Corporation | $337,700 |
| The Ross Group, Inc. | $329,522 |
| Neighbors Educational Opportunities, Inc. | $321,700 |
| Don Delfi's, Inc. | $310,609 |
| PSC Machining & Engineering in | $299,500 |
| Texcor, Inc. | $276,600 |
| Eagle U. Inc., S.A. | $270,000 |
| Stash Construction, Inc. | $254,100 |
| Ala Industries Limited | $238,687 |
| Sarkisian, Sarkisian & Associates, P.C. | $234,037 |
| Sarver Family Dental, LLC | $231,413 |
| Carlisle Restaurants, Inc. | $225,943 |
| Nativity of Our Savior Parish | $224,700 |
| Portage Wings, LLC | $216,759 |
| Custom Designers | $211,000 |
| Maglish Plumbing Heating & Electric, LLC | $208,750 |
| Dunes Christian Educators, Inc. | $190,000 |
| Reeder's Auto Services, Inc. | $187,850 |
| Airport Road Dental Associates, P.C. | $187,500 |
| Mercer Insurance, Inc. | $187,200 |
| LP Telecom, Inc. | $181,605 |
| Richmond Trucking, Inc. | $175,500 |
| Coyne Veterinary Center Portage, LLC | $170,678 |
| Young Men's Christian Association of Portage Township, Inc. | $170,472 |
| Internal Medicine Geriatrics and Oncology Group, PC | $161,700 |
| Wyndmoor of Portage, LLC | $161,250 |
| Home Health Crusaders, Inc. | $156,825 |
| The Cullom Corporation | $153,818 |
| Comforcare Valpariso, in, Inc. | $152,990 |
| Classic Dining of Portage, Inc. | $140,863 |
| Destiny Logistics, Inc. | $140,500 |
| Reisinger Enterprises, Inc. | $138,974 |
| Braces for All Ages, PC | $137,800 |
| Duneside Hospitality, LLC | $137,597 |
| Donpaulee of Portage, LLC | $135,827 |
| Lovings Heating and Cooling, Inc. | $134,600 |
| Home Run Logistics, Inc. | $130,000 |
| Rhame, Ellwood & Mcclure, PC | $129,600 |
| Illiana Salon, Inc. | $121,457 |
| Frey Ice, Inc. | $113,400 |
| Nexthill Capital Partners, LLC | $112,900 |
| Giant Step, Inc. | $112,390 |
| JR Repair and Compliance, Inc. | $109,700 |
| Precision Towing, Inc. | $109,600 |
| Orthodontic Alliances, PC | $109,300 |
| Tin Can Diner, Inc. | $104,231 |
| Water Way Pool Company, Inc. | $103,102 |
| Great Lakes Engineering, Inc. | $102,897 |
| Construction Advancement Foundation of Northwest Indiana, in | $100,372 |
| Cricket Transport, Inc. | $100,000 |
| The Portage Child Care, LLC | $98,945 |
| Yongli America, LLC | $97,100 |
| Todo Excavation & Grading, Inc. | $89,640 |
| Vouga & Associates, LLC | $86,000 |
| Donaldson Enterprises, Inc. | $84,200 |
| PH Legacy Company | $84,000 |
| L. . Lynn Company, Inc. | $83,300 |
| R L Hicks, Inc. | $80,384 |
| Cory Eyecare | $79,777 |
| Current Technologies Computer | $79,470 |
| Classic Bodyworks Gym, Inc. | $77,400 |
| Dave Donuts, Inc. | $75,300 |
| The Alic House, Inc. | $75,000 |
| Creative Manufacturing & Warehousing | $75,000 |
| BMP Builders, LLC | $72,500 |
| L. C. Dawson, Inc. | $72,412 |
| Hun Zee, Inc. | $71,500 |
| Portage Pancake House, Inc. | $71,487 |
| Cerasimo, Inc. | $71,069 |
| Bam Pizza Company Incorporated | $69,235 |
| Samuelson Insurance Agency, Inc. | $68,790 |
| Real Life Community Church of the Nazarene, Inc. | $68,522 |
| Hallmen Enterprise, Inc. | $66,700 |
| Mccullough Holdings, LLC | $66,400 |
| Doynes Marine, Inc. | $65,400 |
| M. E. Griffith PC, D.D.S. | $64,300 |
| Jai Gayatri, Inc. | $63,876 |
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