There were 169 PPP loans issued in Vermont during the week ending May 3 and the average loan amount was between $150,000 and $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.
PPP Recipients during week of May 3
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Copley Hospital, Inc. | 2020-04-27 | $5-10 million |
| Bowl New England, Inc. | 2020-04-27 | $2-5 million |
| Northeast Kingdom Human Services | 2020-04-27 | $2-5 million |
| Dartmouth Journal Services, Inc. | 2020-04-27 | $1-2 million |
| Quechee Lakes Landowners' Association | 2020-04-27 | $1-2 million |
| Timberlane Dental Associates, PLC | 2020-04-27 | $350,000-1 million |
| AMR Auto Holdings SN, LLC | 2020-04-27 | $350,000-1 million |
| Barre Gardens Nursing and Rehab, LLC | 2020-04-27 | $350,000-1 million |
| Eastview at Middlebury, Inc. | 2020-04-27 | $350,000-1 million |
| Garden Path Elder Living, Inc. | 2020-04-27 | $350,000-1 million |
| Genfoot America, Inc. | 2020-04-27 | $350,000-1 million |
| Southeastern Vermont Community Action | 2020-04-27 | $350,000-1 million |
| Three White Birches Development Corporation | 2020-04-27 | $350,000-1 million |
| Bennington Project Independence, Inc. | 2020-04-27 | $150,000-350,000 |
| Big Tree Farms, Inc. | 2020-04-27 | $150,000-350,000 |
| Brownway Residence, Inc. | 2020-04-27 | $150,000-350,000 |
| Burlinton Fitness, Inc. | 2020-04-27 | $150,000-350,000 |
| By World Enterprises, Inc. | 2020-04-27 | $150,000-350,000 |
| Champlain Dental Group, Ltd. | 2020-04-27 | $150,000-350,000 |
| Cornerstone Burger Company | 2020-04-27 | $150,000-350,000 |
| Country Animal Hospital, P.C. | 2020-04-27 | $150,000-350,000 |
| County Plumbing & Heating, Inc. | 2020-04-27 | $150,000-350,000 |
| DRS. Peter and Lisa Hogenkamp, P.C. | 2020-04-27 | $150,000-350,000 |
| Excel Physical Therapy, Inc. | 2020-04-27 | $150,000-350,000 |
| HJ & a Howrigan & Sons, Inc. | 2020-04-27 | $150,000-350,000 |
| K Pope and Sons, Inc. | 2020-04-27 | $150,000-350,000 |
| Maple Street Foundation | 2020-04-27 | $150,000-350,000 |
| Mater Christi School, Inc. | 2020-04-27 | $150,000-350,000 |
| Morrison's Custom Feeds, Inc. | 2020-04-27 | $150,000-350,000 |
| Nop Brothers and Sons Partnership | 2020-04-27 | $150,000-350,000 |
| P G Adams, Inc. | 2020-04-27 | $150,000-350,000 |
| SB Wings Company, LLC | 2020-04-27 | $150,000-350,000 |
| Speak Easy ARTS, LLC | 2020-04-27 | $150,000-350,000 |
| Ventureco Holdings, Inc. | 2020-04-27 | $150,000-350,000 |
| Vermont Life Safety LC | 2020-04-27 | $150,000-350,000 |
| Vermont Sports Medicine Center | 2020-04-27 | $150,000-350,000 |
| Wagner Hogdson, Inc. | 2020-04-27 | $150,000-350,000 |
| Wyatt Investment Research, LLC | 2020-04-27 | $150,000-350,000 |
| Onion River Cooperative, Inc. | 2020-04-28 | $2-5 million |
| Peerless Clothing International, Inc. | 2020-04-28 | $2-5 million |
| Solarcommunities, Inc. | 2020-04-28 | $2-5 million |
| 98 Starr Farm Road Operating Company, LLC | 2020-04-28 | $1-2 million |
| Timberlane Ad-Dent, PLC | 2020-04-28 | $350,000-1 million |
| Booska Movers, Inc. | 2020-04-28 | $350,000-1 million |
| Celtic Marketing Food Brokers, Inc. | 2020-04-28 | $350,000-1 million |
| Gloucester Associates, Inc. | 2020-04-28 | $350,000-1 million |
| New England Supply | 2020-04-28 | $350,000-1 million |
| Social Sentinel, Inc. | 2020-04-28 | $350,000-1 million |
| Spring Lake Ranch, Inc. | 2020-04-28 | $350,000-1 million |
| The Sporn Company, Inc. | 2020-04-28 | $350,000-1 million |
| Vermont Telephone Company, Inc. | 2020-04-28 | $350,000-1 million |
| 83 Church Street, LLC | 2020-04-28 | $150,000-350,000 |
| Back Roads Food Company, LLC | 2020-04-28 | $150,000-350,000 |
| Bennington Nissan | 2020-04-28 | $150,000-350,000 |
| Big Game, Inc. | 2020-04-28 | $150,000-350,000 |
| Catamount Environmental, Inc. | 2020-04-28 | $150,000-350,000 |
| Christ the King-St. Anthony Parish Charitable Trust | 2020-04-28 | $150,000-350,000 |
| Collective ARTS USA Limited | 2020-04-28 | $150,000-350,000 |
| Danform of America | 2020-04-28 | $150,000-350,000 |
| Dickinson & Branon Dental Care, PLLC | 2020-04-28 | $150,000-350,000 |
| Dorset Street Dermatology, LLC | 2020-04-28 | $150,000-350,000 |
| Eastwood Animal Clinic, LLC | 2020-04-28 | $150,000-350,000 |
| For the Biome, LLC | 2020-04-28 | $150,000-350,000 |
| Francis Foundation, Inc. | 2020-04-28 | $150,000-350,000 |
| Granite Importers, Inc. | 2020-04-28 | $150,000-350,000 |
| Griffin Riders, LLC | 2020-04-28 | $150,000-350,000 |
| Hampton Direct, Inc. | 2020-04-28 | $150,000-350,000 |
| Honey Road, LLC | 2020-04-28 | $150,000-350,000 |
| J&L Metrology, Inc. | 2020-04-28 | $150,000-350,000 |
| Jerome Construction, Inc. | 2020-04-28 | $150,000-350,000 |
| Join, Inc. | 2020-04-28 | $150,000-350,000 |
| Lamoureux & Dickinson Consulting Engineers, Inc. | 2020-04-28 | $150,000-350,000 |
| Liscio Family Dentistry, P.C. | 2020-04-28 | $150,000-350,000 |
| LPD Traffic Control, LLC | 2020-04-28 | $150,000-350,000 |
| Maple Landmark, Inc. | 2020-04-28 | $150,000-350,000 |
| Mountain Valley Sprinkler Systems, Inc. | 2020-04-28 | $150,000-350,000 |
| NMP Golf Construction Corporation | 2020-04-28 | $150,000-350,000 |
| Northeast Hemp Commodities, LLC | 2020-04-28 | $150,000-350,000 |
| Omni Precision Engineering, Inc. | 2020-04-28 | $150,000-350,000 |
| Ormond Bushey & Sons, Inc. | 2020-04-28 | $150,000-350,000 |
| R. Reed Construction, Inc. | 2020-04-28 | $150,000-350,000 |
| Randall S Raner, Sole Proprietor | 2020-04-28 | $150,000-350,000 |
| Stowe Homecare Maintenance, Inc. | 2020-04-28 | $150,000-350,000 |
| Swiss Precision Turning, Inc. | 2020-04-28 | $150,000-350,000 |
| The Silver Corporation | 2020-04-28 | $150,000-350,000 |
| Unified Turbines, Inc. | 2020-04-28 | $150,000-350,000 |
| Vaillancourt Treelandscape Service, Inc. | 2020-04-28 | $150,000-350,000 |
| Vermont Eye Surgery &laser Center | 2020-04-28 | $150,000-350,000 |
| Wayside Restaurant, Inc. | 2020-04-28 | $150,000-350,000 |
| West River Family Dental, Brattleboro, LLC | 2020-04-28 | $150,000-350,000 |
| West River Marina, Inc. | 2020-04-28 | $150,000-350,000 |
| A. Cooper Mechanical, Inc. | 2020-04-29 | $350,000-1 million |
| Brattleboro Mutual Aid Association, Inc. | 2020-04-29 | $350,000-1 million |
| Gauthier Trucking Company, Inc. | 2020-04-29 | $350,000-1 million |
| Green Mountain Nursing and Rehabilitation Center, LLC | 2020-04-29 | $350,000-1 million |
| Hearthstone QHHP | 2020-04-29 | $350,000-1 million |
| Louis Garneau USA, Inc. | 2020-04-29 | $350,000-1 million |
| Tyler Place, Inc. | 2020-04-29 | $350,000-1 million |
| Vaillancourt Transport, LLC | 2020-04-29 | $350,000-1 million |
| Vermont Association of Business-Sba Small 7a Term | 2020-04-29 | $350,000-1 million |
| Able Paint Glass & Flooring | 2020-04-29 | $150,000-350,000 |
| Advanced Answering Center, Inc. | 2020-04-29 | $150,000-350,000 |
| Anti-Oppression Resource and Training Alliance Cooperative, Incorporated | 2020-04-29 | $150,000-350,000 |
| Ascension Childcare, Inc. | 2020-04-29 | $150,000-350,000 |
| Building Energy Corporation | 2020-04-29 | $150,000-350,000 |
| Champlain Periodontal, P.C. | 2020-04-29 | $150,000-350,000 |
| Charles E. Tuttle Company, Inc. | 2020-04-29 | $150,000-350,000 |
| Crystal Clear Hospitality, LLC | 2020-04-29 | $150,000-350,000 |
| Heb Manufacturing Company, Inc. | 2020-04-29 | $150,000-350,000 |
| Heilmann, Ekman, Cooley & Gagnon, Inc. | 2020-04-29 | $150,000-350,000 |
| Leo's, Inc. | 2020-04-29 | $150,000-350,000 |
| Lynds INN, LLC | 2020-04-29 | $150,000-350,000 |
| Madison Brewing Company, Inc. | 2020-04-29 | $150,000-350,000 |
| Middlebury Dental, L.L.C. | 2020-04-29 | $150,000-350,000 |
| Neville Companies, Inc. | 2020-04-29 | $150,000-350,000 |
| Next Generation Delivery, Inc. | 2020-04-29 | $150,000-350,000 |
| Ohavi Zedek Synagogue | 2020-04-29 | $150,000-350,000 |
| Pizzeria Verita, Inc. | 2020-04-29 | $150,000-350,000 |
| River Cove Animals Hospital | 2020-04-29 | $150,000-350,000 |
| Riverview Life Skills Center, Inc. | 2020-04-29 | $150,000-350,000 |
| Rock Point School, Inc. | 2020-04-29 | $150,000-350,000 |
| Soundtoys, Inc. | 2020-04-29 | $150,000-350,000 |
| Stone Path Academy, Inc. | 2020-04-29 | $150,000-350,000 |
| Vermont Roads and Fields, LLC | 2020-04-29 | $150,000-350,000 |
| Koffee Kup Donut Shop, Inc. | 2020-04-30 | $2-5 million |
| Vermont Bread Company | 2020-04-30 | $1-2 million |
| Connor Contracting, Inc. | 2020-04-30 | $350,000-1 million |
| Green Mountain Semiconductor, Inc. | 2020-04-30 | $350,000-1 million |
| Rice Memorial High School | 2020-04-30 | $350,000-1 million |
| Stewart Construction, Inc. | 2020-04-30 | $350,000-1 million |
| Vermont Foodbank, Inc. | 2020-04-30 | $350,000-1 million |
| ACDCDDS, PC | 2020-04-30 | $150,000-350,000 |
| Associates in Periodontics | 2020-04-30 | $150,000-350,000 |
| Bia Diagnostics, LLC | 2020-04-30 | $150,000-350,000 |
| Burlington Communications Service Center, Inc. | 2020-04-30 | $150,000-350,000 |
| Danaher Floor Restoration, Inc. | 2020-04-30 | $150,000-350,000 |
| Dough Rao ME, Inc. | 2020-04-30 | $150,000-350,000 |
| Golden 10 Mapleville, PLLC | 2020-04-30 | $150,000-350,000 |
| Lacaillade Masonry, Inc. | 2020-04-30 | $150,000-350,000 |
| Legal Services Law Line | 2020-04-30 | $150,000-350,000 |
| One-Pull Solutions Wire and Cable, LLC | 2020-04-30 | $150,000-350,000 |
| Sacred Heart School | 2020-04-30 | $150,000-350,000 |
| Sherwin Electric Company, Inc. | 2020-04-30 | $150,000-350,000 |
| Silver Creek Restaurant Company | 2020-04-30 | $150,000-350,000 |
| Treatment Associates, Inc. | 2020-04-30 | $150,000-350,000 |
| WG Russell Supply Corporation | 2020-04-30 | $150,000-350,000 |
| Wilcox & Barton, Inc. | 2020-05-01 | $350,000-1 million |
| Project Graphics, Inc. | 2020-05-01 | $150,000-350,000 |
| Barrett's Tree Service, Inc. | 2020-05-02 | $150,000-350,000 |
| Kaycan, Ltd. | 2020-05-03 | $2-5 million |
| KP Building Products, Inc. | 2020-05-03 | $1-2 million |
| Sports & Fitness Edge, Inc. | 2020-05-03 | $1-2 million |
| Kaytec, Inc. | 2020-05-03 | $350,000-1 million |
| KBP Coil Coaters, Inc. | 2020-05-03 | $350,000-1 million |
| Pompanoosuc Mills Corporation | 2020-05-03 | $350,000-1 million |
| St. Albans Glass Company, Inc. | 2020-05-03 | $350,000-1 million |
| Swish White River, Ltd. | 2020-05-03 | $350,000-1 million |
| Donald P. Blake JR. -Sba Small 7a Term, Inc. | 2020-05-03 | $150,000-350,000 |
| Eris Prime, LLC | 2020-05-03 | $150,000-350,000 |
| Global Maritime-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Green Lube-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Onion River Animal Hospital, Inc. | 2020-05-03 | $150,000-350,000 |
| Oral & Facial Surgery Associates, PLC | 2020-05-03 | $150,000-350,000 |
| Physical Therapy Center of VT Ll-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Purple Crayon Productions, Inc. | 2020-05-03 | $150,000-350,000 |
| Radio Bean, Inc. | 2020-05-03 | $150,000-350,000 |
| RI Ra Vermont, LLC | 2020-05-03 | $150,000-350,000 |
| Round Hill Fence & Security, Inc. | 2020-05-03 | $150,000-350,000 |
| The Belden Company -Sba Small 7a Term, Inc. | 2020-05-03 | $150,000-350,000 |
Alerts Sign-up