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 14841
| Name of Borrower | Current Approved Amount |
|---|---|
| Hazlitt's 1852 Vineyards, Inc. | $403,800 |
| Stonecat, Inc. | $164,250 |
| Red Newt Cellars, Inc. | $131,400 |
| JM Trucking & Excavating, Inc. | $118,030 |
| Schamel Bros. Contractors, Inc. | $71,875 |
| Norbud Bossert Farming, LLC | $70,600 |
| Ryan Willam Vineyard and Winery, LLC | $70,393 |
| Sawmill Creek Estate, LLC | $50,700 |
| Lucky Hare Brewing Company, Inc. | $49,992 |
| Seneca Lake Winery, LLC | $36,352 |
| Vivian D. Schamel | $26,600 |
| Headwaters Solutions, LLC | $25,500 |
| Two Goats Brewing, LLC | $20,830 |
| Seneca Heating & Air Conditioning | $19,100 |
| First Presbyterian Church of Hector | $18,793 |
| Cayuga Lawns | $14,554 |
| Single Island Shores, LLC | $14,290 |
| Fur Immer, Inc. | $11,700 |
| Toni's Diner | $11,200 |
| Daniel J. Mayes | $10,600 |
| Gizmo Mowing and More, LLC | $10,240 |
| Wickham's Tango Oaks Farm, LLC | $9,600 |
| Rasta Ranch Vineyards | $7,823 |
| Robert Groll | $4,348 |
| Ralph Lees | $3,435 |
Alerts Sign-up