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 14886
| Name of Borrower | Current Approved Amount |
|---|---|
| Ithaca Alpha House, Inc. | $718,250 |
| T-Burg Foodline, Inc. | $330,625 |
| Finger Lakes Fire & Casualty Company | $259,057 |
| Stevearenozz, Inc. | $190,250 |
| TFI Enterprises, LLC | $120,900 |
| F. L. O. Technician Orthotic & Prosthetic Systems, Inc. | $104,750 |
| Mainstay Builders, LLC | $99,000 |
| Hazelnut Restaurant, LLC | $94,800 |
| Bridgid Beames | $85,750 |
| Doolittle Building & Design, LLC | $83,500 |
| Vanderzee Associates, Inc. | $75,510 |
| H. F. Conroy, LLC | $72,500 |
| Starland Veterinary Services, P.C. | $60,980 |
| Ron Dons, Inc. | $58,500 |
| Pine Rose Farm, LLC | $55,625 |
| Kj's Property Care | $48,300 |
| Trumansburg Dental Services | $42,300 |
| High Standard Construction, Inc. | $42,300 |
| Cayuga Agent Enterprises, Inc. | $41,327 |
| VGH Tburg, LLC | $40,000 |
| Wide Awake Bakery, LLC | $38,700 |
| Trade Design Build Architecture, DPC | $36,795 |
| Trumansburg Optical, PC | $33,000 |
| Synergy: Trumansburg Phyical Therapy, PLLC | $32,250 |
| Finger Lakes Grassroots Festival | $31,695 |
| Longview Farm, LLC | $31,300 |
| Philip E. Switzer Switzer Farms | $30,745 |
| Joel Frank Carpentry, LLC | $30,250 |
| Sweet Melissa's Ice Cream, LLC | $30,000 |
| Trumansburg After School Program, Inc. | $27,750 |
| Trumansburg Golf Club, Inc. | $27,750 |
| Lowe's Soft Water Service, Inc. | $27,000 |
| Force Dynamics, Inc. | $25,250 |
| Studio Ferrari Architecture, PLLC | $24,000 |
| Evercon Excavators, Inc. | $23,900 |
| Orion Mechanical | $22,500 |
| Nathaniel Thompson | $21,097 |
| Optimum Sales, LLC | $20,833 |
| Milk and Honey Jewelry, Inc. | $20,750 |
| Silk Naturals | $20,250 |
| Houseworth Heating and Plumbing, LLC | $20,000 |
| Brews and Brats at Autumn View | $19,250 |
| Duramax Developers, LLC | $18,498 |
| David Brown's Food Equipment, LLC | $15,500 |
| Sweetland Farm, LLC | $15,250 |
| Philanthropy. Io, LLC | $15,000 |
| Seneca Strategic Consulting, LLC | $14,300 |
| Kristin Harrington, LLC | $14,000 |
| Black Diamond Farm, LLC | $12,773 |
| Yearbook Advisers, Inc. | $12,750 |
| Fabrizio New York Pizzeria | $12,252 |
| Trumansburg Community Nursery School | $12,200 |
| Life Is Motion Chiropractic, PLLC | $12,000 |
| Designer Painting & Finishing, LLC | $11,800 |
| Keyrow Tours, LLC | $11,513 |
| Caravan Fiber Studio, LLC | $11,258 |
| Cayuga Chiropractic and Wellness Center | $11,108 |
| Gothic Eves | $11,000 |
| Virtual Design, LLC | $10,750 |
| P&S Excavating, LLC | $10,000 |
| Geekpak, Inc. | $10,000 |
| American Legion Post 770 | $9,500 |
| Procyon Partners, LLC | $8,750 |
| True Life Photography | $8,265 |
| Trumansburg Conservatory of Fine ARTS, Inc. | $8,250 |
| Bet the Farm Winery | $7,923 |
| Aes Accounting Services, Inc. | $7,692 |
| Native Exotics | $7,500 |
| Embarkation Group, Inc. | $6,703 |
| Laurel Branch Design | $6,520 |
| Carol Newman | $6,237 |
| Fresh Salon | $6,000 |
| Sundrees Too, LLC | $5,800 |
| First Baptist Church of Trumansburg, New York | $5,000 |
| Barton's Hard Cider, LLC | $4,000 |
| Grantomatics, LLC | $3,500 |
| Bower Electrical Contracting, LLC | $2,572 |
| Laura Petrisin | $1,800 |
| Juniper Hill B&B, LLC | $1,750 |
| Harvey Shapiro C. Esq. | $1,475 |
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