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 2021 in ZIP Code 06460
| Name of Borrower | Current Approved Amount |
|---|---|
| Innovative Display & Design, Inc. | $1,469,090 |
| Precision Metal Products, Inc. | $1,346,922 |
| Dan Perkins Subaru, LLC | $1,093,243 |
| A&A Drywall and Acoustics, Inc. | $1,084,455 |
| Eye Physicians & Surgeons, P.C. | $1,037,500 |
| Show Motion, Inc. | $892,000 |
| Stevens Ford, Inc. | $737,200 |
| TBNG, Inc. | $731,360 |
| TPC Associates, Inc. | $722,500 |
| Milford Seafood Restaurant, Inc. | $715,652 |
| Milford Imports, Inc. | $651,997 |
| E. Holdings, Inc. | $632,629 |
| Milford Pediatric Group, PC | $591,277 |
| J P Salmini Company, Inc. | $590,995 |
| Diagnostic Imaging of Milford, PC | $587,500 |
| Tri-City Heating and Cooling, LLC | $486,522 |
| Sensitive Care Cosmetic & Family Dentistry, LLC | $423,526 |
| Blue Eagle Transport, Inc. | $418,344 |
| Milford Brewing Company, LLC | $384,405 |
| Milford Gateway, Inc. | $347,625 |
| Robert's Service Center, Inc. | $337,802 |
| Osda Contract Services, Inc. | $333,200 |
| Roadwerx, Inc. | $330,335 |
| B Milford, LLC | $325,200 |
| B & C Donuts, Inc. | $321,220 |
| Ronald Hemming | $307,575 |
| LA Delizia, LLC | $301,826 |
| Rome Fastener Corporation | $292,190 |
| Unicomm, LLC | $288,547 |
| B & A Company, Inc. | $277,643 |
| Milford Podiatry Associates, PC | $271,907 |
| Power and Network Solutions, LLC | $270,000 |
| BBI Technologies, Inc. | $267,550 |
| Bonfire Grille, LLC | $266,599 |
| Anela, Inc. | $264,586 |
| Alcat Incorporated | $263,645 |
| Climate Partners, LLC | $262,267 |
| Perry & Tonys, Inc. | $261,243 |
| Athenian Diner of Middletown, Inc. | $258,580 |
| Kasteli, LLC | $256,858 |
| Whale Precision Manufacturing, Inc. | $247,898 |
| Charter Oak Environmental, LLC | $247,700 |
| Duct Diagnostics, LLC | $244,140 |
| Eastern Glass Company, Inc. | $241,025 |
| Aerospace Structural Research Corporation | $239,973 |
| Connecticut Bathworks Corporation | $237,402 |
| U. S. Window & Siding Wholesalers, LLC | $231,200 |
| Duck Pond Day Care, Inc. | $231,047 |
| RJT, LLC | $228,175 |
| The Bridge House Restaurant, LLC | $228,067 |
| Akter, LLC | $219,835 |
| Once Upon a Child Development Center, Inc. | $217,258 |
| Betgay, Inc. | $215,500 |
| Eor Pronto | $212,535 |
| Gregorys Pepperoni Petes, LLC | $212,488 |
| Athenian Diner of Milford, LLC | $205,800 |
| Reliable Tool and Die, Inc. | $205,650 |
| Harlow Adams & Friedman, P.C. | $202,000 |
| Mexico Tipico, LLC | $199,487 |
| Fairfield Pediatric Dentistry | $195,857 |
| Paul D Fischer P. C, M.D. | $195,100 |
| Empire Scallop, LLC | $194,740 |
| Empyrean Hospitality, LLC | $194,351 |
| Mina Foods, Inc. | $190,000 |
| Graphic Image, Inc. | $183,783 |
| Traynor Collision Center, LLC | $172,145 |
| DLV, LLC | $172,068 |
| Paulouise, LLC | $168,486 |
| Levy Diamond Bello & Associates, LLC | $165,217 |
| Seven Seas Restaurant | $163,271 |
| Mcenery Price Messey and Sullivan, LLC | $163,152 |
| Servo, LLC | $159,730 |
| Roar Athletic Performance Corporation | $159,100 |
| Meta-E Discovery, LLC | $157,750 |
| Kidsense Therapy Group, LLC | $157,642 |
| Trebco Specialty Products Incorporated | $152,895 |
| Clarke Brothers, LLC | $150,000 |
| Good Child Development Center, Inc. | $150,000 |
| Oral & Maxillofacial Surgeons of Milford & Derby, P.C. | $149,763 |
| Summit Financial Group, Inc. | $148,345 |
| Zee Collision, Inc. | $144,835 |
| The Stuart L. White Company | $143,728 |
| Arena Sports & Entertainment, LLC | $143,048 |
| Buck's Spumoni Company, Inc. | $142,067 |
| Party People, Inc. | $140,075 |
| DJM Construction, Inc. | $140,000 |
| Invictus Fisheries, LLC | $139,137 |
| Engineered Inserts and Systems, Inc. | $138,900 |
| B333, LLC | $138,621 |
| Plastic Tool Systems, Inc. | $137,500 |
| KBC Electronics, Inc. | $136,405 |
| The Magna Standard Manufacturing Company | $136,394 |
| Chesson & Schweickert | $135,290 |
| Edward Ruocco | $134,330 |
| Executive Cleaners, Inc. | $132,530 |
| Active Telephones, Inc. | $132,500 |
| Coastline Insulation, LLC | $132,423 |
| Ray's Autobody of Milford, LLC | $130,920 |
| Atomic Kid Studios, LLC | $129,635 |
| Discount Fence of Connecticut, LLC | $129,602 |
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