Quantcast

Springfield City Wire

Friday, July 11, 2025

These are the top 50 largest PPP loans in 2020 in ZIP Code 01129

Webp classroom

Here are the top 50 largest PPP loans provided in 2020 to small businesses in ZIP Code 01129, according to the US Small Business Administration.

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 50 largest PPP loans in 2020 in ZIP Code 01129
Name of BorrowerCurrent Approved Amount
Hannoush Jewelers, Inc.$875,000
N. Hannoush Jewelers, Inc.$625,000
George Hannoush Jewelers, Inc.$450,000
Community Transportation Services, Inc.$354,373
Cheng Brothers, LLC$205,600
Falcetti Pianos, LLC$170,300
T. P. Sampson Company$168,830
Quartz Eye Care, LLC$148,400
Falcetti Music, Inc.$135,400
Pioneer Valley Montessori Soci$126,300
16 Acres Dental Health Center, PC$101,250
Condon Manufacturing Company, Inc.$98,732
Roberts & Sons Printing, Inc.$92,000
LFFSP1, Inc.$90,800
Vanguard Dental, LLC$79,100
Pirate Queen, Inc.$78,900
JMC Tool Corporation$59,200
Northeast Piano Movers, LLC$45,800
Markets, LLC$36,570
Euro Coiffure Salon Day Spa, Inc.$36,379
Send It Sales, LLC$31,488
Custom Car Sound of Springfield, Inc.$30,427
Roman Catholic Bishop of Springfield a Corporation Sole for St. Cath$29,800
Geoffrey R. Farrington$25,300
Blakes School Uniform Company, Inc.$25,000
Family Psychological Health Center$22,528
All Access Trading, LLC$22,366
ESP Auto Engineering, Inc.$22,200
Right Key Realty, Inc.$20,833
LKM Modeling, Inc.$20,800
Charlene Naylor$20,800
Yvette R. Carter$20,066
DR Laura Gramse$19,913
RH Ward Construction, LLC$19,400
Edward P. Garabedian$15,200
Kathy Mai$15,000
Dress for Success of Western-Sba Small 7a Term$14,552
General Freight Trucking, LLC$13,900
SKY Beauty Corporation$13,500
Lisa Rubner$11,100
Shou Cheng Ni$10,817
Springfield Acres Newsstand Corporation$10,700
Joseph Norman$10,685
Beury Torres$10,500
Trijal and Aashi, LLC$10,000
William F. Bullock$10,000
Stephen Thomas Cleaners, Inc.$9,625
Ur Discount Tobacco$9,600
Carol ANNS School of Dance$9,333
Yum Yum Kitchen, Inc.$9,313

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate