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 88061
| Name of Borrower | Current Approved Amount |
|---|---|
| Gila Regional Medical Center | $6,270,600 |
| James Hamilton Construction Company | $2,303,200 |
| Silver Heatlh Care, PC | $810,000 |
| WSK Management, Inc. | $799,987 |
| W & N Enterprises, Inc. | $760,000 |
| Southwest Concrete & Paving, Inc. | $534,600 |
| Trust US Since 1999, Inc. | $353,419 |
| Southwest Bone & Joint Institute, Inc. | $325,900 |
| Humphrey's Enterprises, Inc. | $265,945 |
| Hatch Syndicate NM, Inc. | $211,871 |
| Silver City Food Cooperative | $181,352 |
| Mountain Ridge Hardware, LLC | $179,300 |
| Agmechtronix, LLC | $167,500 |
| Gila Valley Electric, LLC | $164,800 |
| R & L Shamrock Service Station Incorporated | $160,500 |
| Victor a Nwachuku PC, M.D. | $160,000 |
| Mesa DE Plata, LLC | $159,500 |
| El Refugio, Inc. | $129,200 |
| Syzygy, Inc. | $128,300 |
| Little Toad Creek, LLC | $122,000 |
| Fowler Brothers, Inc. | $121,811 |
| Slash W, Inc. | $111,700 |
| Gila Cut-out Construction, LLC | $106,062 |
| Silver City Dental | $105,000 |
| Enchanted Trail Lodging, LLC | $99,100 |
| Silver Smiles, PC | $97,000 |
| Guadalupe Montessori School | $92,000 |
| R S Masonry, Inc. | $89,600 |
| John B. Sherman PC, D.D.S. | $82,911 |
| Sunset Vista, Inc. | $79,257 |
| Furniture Gallery, Inc. | $75,700 |
| Q's Southern Bistro, LLC | $75,000 |
| Di Bo Dine Fine Foods, Inc. | $75,000 |
| Copper Rose Enterprise, Inc. | $73,042 |
| Mathieu & Mathieu, Inc. | $72,300 |
| U Bar Ranch Partnership | $71,300 |
| Morning Star Screen Printing | $70,000 |
| Revel, LLC | $68,000 |
| Grant County Title | $68,000 |
| Morones & Knuttinen, LLC | $67,000 |
| Kids in-Need of Supportive Services | $66,000 |
| Jonathan a. Beck, LLC D.D.S. | $65,151 |
| Millie's Center, LLC | $64,500 |
| Silver City Innkeepers, LLC | $62,590 |
| Sona Hotel Group, Inc. | $61,600 |
| Arenas Valley Animal Clinic, LLC | $59,900 |
| Silver City Independent Publishing Company, LLC | $58,000 |
| A5 Auto Supply, Inc. | $57,191 |
| Horizon Home Health, Inc. | $55,200 |
| 2C Constrcution Company, Inc. | $55,000 |
| Outback, Inc. | $54,783 |
| Horizon Hospice | $54,500 |
| Integrated Dermatology of Silvercity, LLC | $51,583 |
| Mis Amigos, LLC | $51,300 |
| Pinos Altos Plumbing | $51,000 |
| Mastercraft, Inc. | $50,300 |
| Thunder 1 Rod Dezins, LLC | $50,000 |
| Leah Allen, LLC | $47,500 |
| Ganesh Investments, LLC | $46,100 |
| Blue Wolf, Inc. | $44,500 |
| Baptiste Enterprises, Inc. | $42,768 |
| Insurance First, Inc. | $40,000 |
| Suzanne, Inc. | $38,800 |
| Western New Mexico Title Company, Inc. | $38,094 |
| LBL, LLC | $38,000 |
| Rydeski &company | $37,258 |
| LA Familia Mexican Restaurant | $37,000 |
| Peck Motor Company Body Shop, Inc. | $36,505 |
| Fix All | $35,657 |
| RPM Auto Clinic, Inc. | $35,145 |
| American Laun-Dry Cleaning Company | $34,000 |
| Jason a Bratcher, PC, OD | $33,000 |
| Lowry's RV Center | $32,427 |
| Armstrong Floor & Wall, LLC | $31,183 |
| Iniguez Physical Therapy | $30,800 |
| Mel-Mike Enterprises, Inc. | $30,400 |
| Rhonda Van Dran, O D, P C | $29,800 |
| Okay Harold Odocha PC, M.D. | $29,500 |
| MBM Contracting, LLC | $28,800 |
| Harvest Christian Fellowship | $28,600 |
| Lizard Stone Builders, LLC | $28,417 |
| Bear Mountain ARTS | $27,724 |
| Southwest Wellness | $27,695 |
| Southwestern Camper Ranches, Inc. | $26,890 |
| Stites Enterprises, LLC | $26,437 |
| Sumrall Agency, Inc. | $26,000 |
| JP Saari Enterprises | $25,617 |
| Oakridge Home Industries, Inc. | $25,000 |
| Gila Animal Clinci | $25,000 |
| Kountry Kitchen, LLC | $25,000 |
| Better A. Chimney | $24,900 |
| Mimbres Dealer Services | $24,465 |
| Corporation for Downtown Development | $24,200 |
| Yesterday's Enterprises, Inc. | $23,928 |
| Amos L Lash, M.D. | $22,803 |
| St. Vincent DE Paul Parish, Inc. | $21,707 |
| Timothy Trujillo | $20,800 |
| Lazy Cane J Enterprises, LLC | $20,800 |
| Antonio P. Trujillo | $20,800 |
| New Mexico Field Service | $20,324 |
| J&J Signs, Inc. | $20,054 |
| Autoglass, Inc., M.D. | $20,000 |
| Tyrone Property Owners Association | $19,800 |
| B & S Construction and Design, Inc. | $19,300 |
| Single Socks, Inc. | $19,170 |
| Townsend Insurance Agency, LLC | $19,100 |
| Global Services Group, LLC | $18,688 |
| Lilia's Grinder Mill | $18,073 |
| Rydeski Land Company, LLC | $17,125 |
| GHB Corporation | $16,988 |
| Town and Country Veterinary Clinic, Inc. | $16,800 |
| Mimbres Region ARTS Council | $16,732 |
| Indian Hills Baptist Church, Inc. | $16,700 |
| Grado Stucco & Plastering, Inc. | $16,498 |
| Hacienda Realty, LLC | $16,332 |
| Don Juan Restaurant | $16,200 |
| Smokey Joe's West, LLC | $15,200 |
| Lloyd Studios | $14,819 |
| J & S 80, LLC | $14,500 |
| Supernus Flooring, LLC | $13,700 |
| Supporting People in Need | $13,500 |
| The Commons: Center for Food Security & Sustainability | $13,400 |
| Patrick J. Casey | $13,000 |
| Genesis, Inc. | $12,900 |
| Christopher M. Sowers | $12,500 |
| Silver City Pony Express, LLC | $12,200 |
| Eric York, PC, D.D.S. | $12,140 |
| Turner Brothers Construction | $11,500 |
| Absolute Electric Service, LLC | $11,237 |
| Pampered Pet Care | $11,100 |
| Artistic Smiles, LLC | $11,062 |
| Phase Zero Therapy, LLC | $11,040 |
| The Maxwell House, Inc. | $10,531 |
| Tom Blanchard Insurance | $10,407 |
| Silver City Safe and Lock | $10,100 |
| Carney Foy, CPA | $9,400 |
| E and J Enterprizes | $9,000 |
| Gila Region Resale and Repair | $8,800 |
| WKS, LLC | $8,700 |
| J&a Automotive | $8,600 |
| Rascals Electric | $8,333 |
| The Glasserie | $8,300 |
| Bryan Truck & Auto, Inc. | $8,200 |
| Kathleen's Belleza Salon and Tanning | $8,000 |
| Louis Terrazas Construction | $7,800 |
| Robin C Santa-Teresa | $7,285 |
| The Ones That Get It Done | $7,200 |
| Kim's Nails & Spa | $7,097 |
| Keiki Care | $7,071 |
| Gerald W. Billings & Company | $7,000 |
| Bright Funeral Home, Inc. | $6,900 |
| Prabhuvilla Corporation | $6,800 |
| Twin Sisters, Inc. | $6,700 |
| 2020 Realty, LLC | $6,400 |
| Karen Carr Studio, Inc. | $6,300 |
| Ahhhmuse, Inc. | $6,200 |
| Bear Creek Herbs, LLC | $6,200 |
| City Nails & Spa | $6,000 |
| Curl Up Dye Salon | $5,800 |
| Todd Shelby and Karen Pritchett | $5,800 |
| Datura Therapeutic Day Spa | $5,400 |
| Sports World | $5,383 |
| Bar VK, Inc. | $5,000 |
| Cramm Construction, LLC | $4,600 |
| Silver Architects | $4,553 |
| Lotus Center of Silver City | $4,491 |
| Jose O. Hernandez | $4,200 |
| MS Copies, LLC | $4,197 |
| Marie C Weil, PSY D, LLC | $4,100 |
| Erika Y. Gurrola Valdez | $4,100 |
| Marshall Fischer | $3,958 |
| Gerald Fierro | $3,932 |
| Kuester Well Drilling Company | $3,800 |
| Cactus Jacks, LLC | $3,600 |
| Silver City Real Estate Investments, LLC | $2,960 |
| Aro Salon | $2,900 |
| The Bike Works | $2,690 |
| Bijan Amini | $2,500 |
| KM River Properties, LLC | $2,500 |
| Ryan Muench | $2,367 |
| Wonderment Gardens, LLC | $2,309 |
| New World Notion | $2,035 |
| Mirror Mirage | $1,782 |
| Stephany Fernandez | $1,255 |
| Ziryab's Body Brew | $862 |
| Daylight Donuts | $800 |
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