There were 65 PPP loans issued in Massachusetts during the week ending June 14. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Controller Service & Sales Company, Inc. | 2020-06-08 | $350,000-1 million |
| Fontaines Cleaners & Laundromate, LLC | 2020-06-08 | $350,000-1 million |
| Park Street School, Inc. | 2020-06-08 | $350,000-1 million |
| Peace of Mind Home Health Care, Inc. | 2020-06-08 | $350,000-1 million |
| Blossom Station Child Care of Acton, Inc. | 2020-06-08 | $150,000-350,000 |
| Ceraldi, Inc. | 2020-06-08 | $150,000-350,000 |
| Chets Welding Incorpo | 2020-06-08 | $150,000-350,000 |
| East ELM Pediatrics, LLC | 2020-06-08 | $150,000-350,000 |
| G & B Electrical Services, Inc. | 2020-06-08 | $150,000-350,000 |
| Kitchen Porch, Ltd. | 2020-06-08 | $150,000-350,000 |
| Nanotechgalaxy, Inc. | 2020-06-08 | $150,000-350,000 |
| Northsiders, LLC | 2020-06-08 | $150,000-350,000 |
| Occhiuti & Rohlicek, LLP | 2020-06-08 | $150,000-350,000 |
| Paul J. Hubley, PC, D.M.D. | 2020-06-08 | $150,000-350,000 |
| Sunflower School Corporation | 2020-06-08 | $150,000-350,000 |
| Tickle's Restaurant, LLC | 2020-06-08 | $150,000-350,000 |
| Barrett Distribution Centers, Inc. | 2020-06-09 | $5-10 million |
| Pleasant Bay at Brewster Rehab Center, LLC | 2020-06-09 | $1-2 million |
| Dixon Incorporated | 2020-06-09 | $350,000-1 million |
| Northeast Cutlery, Inc. | 2020-06-09 | $350,000-1 million |
| Blush Baking Company, LLC. | 2020-06-09 | $150,000-350,000 |
| Boston Speakeasy | 2020-06-09 | $150,000-350,000 |
| Cherubs Child Development Center, Inc. | 2020-06-09 | $150,000-350,000 |
| Children's House Learning, Inc. | 2020-06-09 | $150,000-350,000 |
| Coffee Time Bake Shop, Inc. | 2020-06-09 | $150,000-350,000 |
| Pleasant Bay at Brewster Assisted Living, LLC | 2020-06-09 | $150,000-350,000 |
| Skribbles Learning Center, Inc. | 2020-06-09 | $150,000-350,000 |
| True West Brewing Company, LLC | 2020-06-09 | $150,000-350,000 |
| Knights Airport Limousine Service, Inc. | 2020-06-10 | $1-2 million |
| Salem Rehab Center, LLC | 2020-06-10 | $1-2 million |
| Sosuda Technician | 2020-06-10 | $1-2 million |
| Wilmington Rehab Center, LLC | 2020-06-10 | $1-2 million |
| International Protective Services, Inc. | 2020-06-10 | $350,000-1 million |
| AJK Auto Sales | 2020-06-10 | $150,000-350,000 |
| City Roadhouse, Inc. | 2020-06-10 | $150,000-350,000 |
| D. R. Billings. , Inc. | 2020-06-10 | $150,000-350,000 |
| Drumlin Development, LLC | 2020-06-10 | $150,000-350,000 |
| Expert Removal & Environmental, LLC | 2020-06-10 | $150,000-350,000 |
| Lgous Auto Sales | 2020-06-10 | $150,000-350,000 |
| Phoenix Rising Sober House, Inc. | 2020-06-10 | $150,000-350,000 |
| Pre-School Playmates | 2020-06-10 | $150,000-350,000 |
| Connections Physical Therapy, Inc. | 2020-06-11 | $350,000-1 million |
| HK Food Group 1030, LLC | 2020-06-11 | $350,000-1 million |
| Innovative Business Systems, Inc. | 2020-06-11 | $350,000-1 million |
| Tamboo, Inc. | 2020-06-11 | $350,000-1 million |
| O'Brien Installations, Inc. | 2020-06-11 | $150,000-350,000 |
| Paris Nail & Skin Care, Inc. | 2020-06-11 | $150,000-350,000 |
| RK Restaurants Associates, LLC | 2020-06-11 | $150,000-350,000 |
| Rugby's, Inc. | 2020-06-11 | $150,000-350,000 |
| Sesame Z Corporation | 2020-06-11 | $150,000-350,000 |
| Spinelli's Function Facility, Inc. | 2020-06-11 | $150,000-350,000 |
| WKC, Inc. | 2020-06-11 | $150,000-350,000 |
| Mass Commercial Cleaning, Inc. | 2020-06-12 | $350,000-1 million |
| Thrive Support & Advocacy, Inc. | 2020-06-12 | $350,000-1 million |
| Compumed, Inc. | 2020-06-12 | $150,000-350,000 |
| Foxx Transportation, Inc. | 2020-06-12 | $150,000-350,000 |
| Knowledge Matters, Inc. | 2020-06-12 | $150,000-350,000 |
| Mezze, Inc. | 2020-06-12 | $150,000-350,000 |
| Phineas Sprague's Publick House, Inc. | 2020-06-12 | $150,000-350,000 |
| The Bigger Picture Logistics, LLC | 2020-06-12 | $150,000-350,000 |
| Trademark Tours, LLC | 2020-06-12 | $150,000-350,000 |
| Unveiled Seafood, Inc. | 2020-06-12 | $150,000-350,000 |
| Yankee Mattress Factory, Inc. | 2020-06-12 | $150,000-350,000 |
| ASD Lighting Corporation | 2020-06-13 | $150,000-350,000 |
| Robinson Brandt International, Inc. | 2020-06-13 | $150,000-350,000 |
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