There were 241 PPP loans issued in Maine 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 |
|---|---|---|
| Diversified Holdings Company | 2020-04-27 | $5-10 million |
| Animal Specialty Care Center of Maine, LLC | 2020-04-27 | $1-2 million |
| Daaquam Lumber Maine, Inc. | 2020-04-27 | $1-2 million |
| Native Maine Operations, Inc. | 2020-04-27 | $1-2 million |
| Opportunity Enterprises | 2020-04-27 | $1-2 million |
| Alexander and Schmidt | 2020-04-27 | $350,000-1 million |
| Brooks, Inc. | 2020-04-27 | $350,000-1 million |
| Champagne's Energy, Inc. | 2020-04-27 | $350,000-1 million |
| Evergreen Subaru | 2020-04-27 | $350,000-1 million |
| Facial & Oral Surgery Associates | 2020-04-27 | $350,000-1 million |
| First Protection Services, Inc. | 2020-04-27 | $350,000-1 million |
| George Stevens Academy | 2020-04-27 | $350,000-1 million |
| Patten Grounds Care, Inc. | 2020-04-27 | $350,000-1 million |
| The Umbrella Factory Company, Inc. | 2020-04-27 | $350,000-1 million |
| The Witham Family, LLC | 2020-04-27 | $350,000-1 million |
| When Pigs FLY, Inc. | 2020-04-27 | $350,000-1 million |
| Worcester Resources, Inc. | 2020-04-27 | $350,000-1 million |
| York County Shelter Programs, Inc. | 2020-04-27 | $350,000-1 million |
| Aizoon USA, Inc. | 2020-04-27 | $150,000-350,000 |
| Allen & Coles Moving Systems, LLC | 2020-04-27 | $150,000-350,000 |
| Brackett Machine, Inc. | 2020-04-27 | $150,000-350,000 |
| Colette's Donut Shoppe | 2020-04-27 | $150,000-350,000 |
| Discount Beverage & Redemption Center, Inc. | 2020-04-27 | $150,000-350,000 |
| George Sleeper | 2020-04-27 | $150,000-350,000 |
| Gills Auburn, Inc. | 2020-04-27 | $150,000-350,000 |
| Glidden Lumber, Inc. | 2020-04-27 | $150,000-350,000 |
| Green Valley Association | 2020-04-27 | $150,000-350,000 |
| JCB Corporation | 2020-04-27 | $150,000-350,000 |
| Loco Coco's Tacos Corporation | 2020-04-27 | $150,000-350,000 |
| Longchamps & Sons, Inc. | 2020-04-27 | $150,000-350,000 |
| Lucinda's Day Spa | 2020-04-27 | $150,000-350,000 |
| Macadam Law Offices, P.A. | 2020-04-27 | $150,000-350,000 |
| Merrill Blueberry Farms, Inc. | 2020-04-27 | $150,000-350,000 |
| Norris Preble Company, Inc. | 2020-04-27 | $150,000-350,000 |
| Omo Transport, Inc. | 2020-04-27 | $150,000-350,000 |
| Painting by Northeast, Inc. | 2020-04-27 | $150,000-350,000 |
| Papi & Romano Builders, Inc. | 2020-04-27 | $150,000-350,000 |
| Pierson Nurseries, Inc. | 2020-04-27 | $150,000-350,000 |
| Plourde Morneault and Dubay, P.A. | 2020-04-27 | $150,000-350,000 |
| RFD 2, Inc. | 2020-04-27 | $150,000-350,000 |
| Roman Catholic Bishop of Portland | 2020-04-27 | $150,000-350,000 |
| Romeo's Pizza | 2020-04-27 | $150,000-350,000 |
| Spring Point Solutions, LLC | 2020-04-27 | $150,000-350,000 |
| Stonyvale, Inc. | 2020-04-27 | $150,000-350,000 |
| T T Dunphy, Inc. | 2020-04-27 | $150,000-350,000 |
| Thompson Enterprises, Inc. | 2020-04-27 | $150,000-350,000 |
| Thompson Trucking, Inc. | 2020-04-27 | $150,000-350,000 |
| Thompson Volkswagen, Inc. | 2020-04-27 | $150,000-350,000 |
| Tri-State Staffing, Inc. | 2020-04-27 | $150,000-350,000 |
| Yarmouth Lumber, Inc. | 2020-04-27 | $150,000-350,000 |
| York Ambulance Association, Inc. | 2020-04-27 | $150,000-350,000 |
| Lanco Assembly Systems, Inc. | 2020-04-28 | $2-5 million |
| Sugarloaf Mountain Corporation | 2020-04-28 | $2-5 million |
| Health Access Network, Inc. | 2020-04-28 | $1-2 million |
| BGR Hospitality, LLC | 2020-04-28 | $350,000-1 million |
| Bristol Seafood, LLC | 2020-04-28 | $350,000-1 million |
| Community Energy Company, Inc. | 2020-04-28 | $350,000-1 million |
| Flatbread Portland, Inc. | 2020-04-28 | $350,000-1 million |
| Howell Laboratories, Inc. | 2020-04-28 | $350,000-1 million |
| Katahdin Friends, Inc. | 2020-04-28 | $350,000-1 million |
| KBS Builders, Inc. | 2020-04-28 | $350,000-1 million |
| Maine Shellfish Company, Inc. | 2020-04-28 | $350,000-1 million |
| Nexrep, LLC | 2020-04-28 | $350,000-1 million |
| Portland Endoscopy Center | 2020-04-28 | $350,000-1 million |
| Ranger Construction Corporation | 2020-04-28 | $350,000-1 million |
| Ranger Contracting, Inc. | 2020-04-28 | $350,000-1 million |
| Safe Residential Care, LLC | 2020-04-28 | $350,000-1 million |
| Sure Winner Foods | 2020-04-28 | $350,000-1 million |
| Tall Pines Healthcare, Inc. | 2020-04-28 | $350,000-1 million |
| Taylor Brook Dental Associates, P.A. | 2020-04-28 | $350,000-1 million |
| Two Pars, Inc. | 2020-04-28 | $350,000-1 million |
| Vigilant Capital Management, LLC | 2020-04-28 | $350,000-1 million |
| X-Ray Professional Association | 2020-04-28 | $350,000-1 million |
| A Perfect Move, Inc. | 2020-04-28 | $150,000-350,000 |
| A. Hood & Son, Inc. | 2020-04-28 | $150,000-350,000 |
| Anytime Services for Seniors | 2020-04-28 | $150,000-350,000 |
| Arcast, Inc. | 2020-04-28 | $150,000-350,000 |
| Biddeford Saco Dental Associates, PC | 2020-04-28 | $150,000-350,000 |
| Blue Rock Industries | 2020-04-28 | $150,000-350,000 |
| Boothbay Region Ambulance Service, Inc. | 2020-04-28 | $150,000-350,000 |
| Brookings-Smith Funeral Home | 2020-04-28 | $150,000-350,000 |
| Brown Dog Carriers, LLC | 2020-04-28 | $150,000-350,000 |
| Clearh2o, Inc. | 2020-04-28 | $150,000-350,000 |
| Curtis Thaxter, LLC | 2020-04-28 | $150,000-350,000 |
| D. A. Pearson Heating Oils, LLC | 2020-04-28 | $150,000-350,000 |
| Deemer Enterprises, Inc. | 2020-04-28 | $150,000-350,000 |
| Dignity Care, LLC | 2020-04-28 | $150,000-350,000 |
| Dirigo Timberlands Company | 2020-04-28 | $150,000-350,000 |
| Dunstan Dental Center, LLC | 2020-04-28 | $150,000-350,000 |
| Dynamic Air Corporation | 2020-04-28 | $150,000-350,000 |
| Eldercare Network of Lincoln County | 2020-04-28 | $150,000-350,000 |
| Energy Circle, LLC | 2020-04-28 | $150,000-350,000 |
| Falmouth Dental Health, Blair Vannostrand, P. A. , D.M.D. | 2020-04-28 | $150,000-350,000 |
| Foundation Brewing Company | 2020-04-28 | $150,000-350,000 |
| Gowell's Shop 'n Save, Inc. | 2020-04-28 | $150,000-350,000 |
| Gowell's Store, Inc. | 2020-04-28 | $150,000-350,000 |
| James H. Mcpartland & Sons | 2020-04-28 | $150,000-350,000 |
| K & R Auto Sales, Inc. | 2020-04-28 | $150,000-350,000 |
| Lighthouse Elder Care, Inc. | 2020-04-28 | $150,000-350,000 |
| Lyle Peirce, Inc. | 2020-04-28 | $150,000-350,000 |
| Maine ARTS Academy | 2020-04-28 | $150,000-350,000 |
| Maine Coast Sea Vegetables, Inc. | 2020-04-28 | $150,000-350,000 |
| Moores Sparhawk Corporation | 2020-04-28 | $150,000-350,000 |
| Morgan Dental Care, LLC | 2020-04-28 | $150,000-350,000 |
| Northeast Residential Services, LLC | 2020-04-28 | $150,000-350,000 |
| Northern Maine Oral & Facial Surgery, PC | 2020-04-28 | $150,000-350,000 |
| Nu-Seed Corporation | 2020-04-28 | $150,000-350,000 |
| Ot to Play, Inc. | 2020-04-28 | $150,000-350,000 |
| Quirion Construction, Inc. | 2020-04-28 | $150,000-350,000 |
| Renewal Dental, PC | 2020-04-28 | $150,000-350,000 |
| Ridesource, Inc. | 2020-04-28 | $150,000-350,000 |
| Rising Tide, Inc. | 2020-04-28 | $150,000-350,000 |
| Roman Catholic Bishop of Portland St. Brigid School | 2020-04-28 | $150,000-350,000 |
| S. E. Macmillan Company, Inc. | 2020-04-28 | $150,000-350,000 |
| SGS Conway Opco, LLC | 2020-04-28 | $150,000-350,000 |
| SGS Kathwood Opco, LLC | 2020-04-28 | $150,000-350,000 |
| SGS Laurens Opco, LLC | 2020-04-28 | $150,000-350,000 |
| SGS Lexington Opco, LLC | 2020-04-28 | $150,000-350,000 |
| SGS West Columbia Opco, LLC | 2020-04-28 | $150,000-350,000 |
| SGS York Opco, LLC | 2020-04-28 | $150,000-350,000 |
| Sibley & Sons Construction, Inc. | 2020-04-28 | $150,000-350,000 |
| Spencer Group Paving, LLC | 2020-04-28 | $150,000-350,000 |
| Standish Family Dental Health, LLC | 2020-04-28 | $150,000-350,000 |
| Stormwater Compliance, LLC | 2020-04-28 | $150,000-350,000 |
| Street's Landscape & Lawn Care, Inc. | 2020-04-28 | $150,000-350,000 |
| T & G, LLC | 2020-04-28 | $150,000-350,000 |
| Taylor Dairy Farm, Inc. | 2020-04-28 | $150,000-350,000 |
| Tem, Inc. | 2020-04-28 | $150,000-350,000 |
| Two Lights Settlement Services, LLC | 2020-04-28 | $150,000-350,000 |
| Wardwell Assisted Living Services, Inc. | 2020-04-28 | $150,000-350,000 |
| Willard C. Doyen & Sons | 2020-04-28 | $150,000-350,000 |
| WMH Enterprises, Inc. | 2020-04-28 | $150,000-350,000 |
| Wreaths Across America | 2020-04-28 | $150,000-350,000 |
| Nichols Portland, LLC | 2020-04-29 | $2-5 million |
| Modula, Inc. | 2020-04-29 | $1-2 million |
| Pro Search, Inc. | 2020-04-29 | $1-2 million |
| ELCM TRS I, LLC | 2020-04-29 | $350,000-1 million |
| Patriot Precast, LLC | 2020-04-29 | $350,000-1 million |
| Penobscot Respiratory, P.A. | 2020-04-29 | $350,000-1 million |
| RB & V Enterprises, Inc. | 2020-04-29 | $350,000-1 million |
| Saco Auto Holdings HN, LLC | 2020-04-29 | $350,000-1 million |
| Sawdran, LLC | 2020-04-29 | $350,000-1 million |
| Serenity Residential Care, LLC | 2020-04-29 | $350,000-1 million |
| Clean Sweep Services | 2020-04-29 | $150,000-350,000 |
| Cornerstone Behavioral Healthcare, LLC | 2020-04-29 | $150,000-350,000 |
| Crusty Crab, LLC | 2020-04-29 | $150,000-350,000 |
| Davric Maine Racing, LLC | 2020-04-29 | $150,000-350,000 |
| Franklin County Children Task Force | 2020-04-29 | $150,000-350,000 |
| GPG, Inc. | 2020-04-29 | $150,000-350,000 |
| Jorgensen Landscaping, Inc. | 2020-04-29 | $150,000-350,000 |
| Kathryn Hughes Associates, Inc. | 2020-04-29 | $150,000-350,000 |
| Kennebunk Donuts, LLC | 2020-04-29 | $150,000-350,000 |
| Light of Life Ministries, Inc. | 2020-04-29 | $150,000-350,000 |
| Meadow Park Development Corporation | 2020-04-29 | $150,000-350,000 |
| Michael Bufo LLC, D.M.D. | 2020-04-29 | $150,000-350,000 |
| Orthodontic Associates, PA | 2020-04-29 | $150,000-350,000 |
| Port Clyde Seafood Company | 2020-04-29 | $150,000-350,000 |
| Pro Moving Service | 2020-04-29 | $150,000-350,000 |
| R J Enterprises, Inc. | 2020-04-29 | $150,000-350,000 |
| Rhonda E. Chambers | 2020-04-29 | $150,000-350,000 |
| Saco River Dentistry, P.C. | 2020-04-29 | $150,000-350,000 |
| Shucks Maine Lobster, LLC | 2020-04-29 | $150,000-350,000 |
| The Housing Foundation Management & Development II | 2020-04-29 | $150,000-350,000 |
| Valley Home Services | 2020-04-29 | $150,000-350,000 |
| Wabanaki Heatth and Wellness NPC | 2020-04-29 | $150,000-350,000 |
| Wiswell Electric, Inc. | 2020-04-29 | $150,000-350,000 |
| Duvaltex US, Inc. | 2020-04-30 | $2-5 million |
| Community Clinical Services, Inc. | 2020-04-30 | $1-2 million |
| JMPB, Inc. | 2020-04-30 | $1-2 million |
| Browne Trading Company | 2020-04-30 | $350,000-1 million |
| C&L Aerospace, LLC | 2020-04-30 | $350,000-1 million |
| Community Home Health Care, LLC | 2020-04-30 | $350,000-1 million |
| EMG3, LLC | 2020-04-30 | $350,000-1 million |
| Francis M Jackson, PA | 2020-04-30 | $350,000-1 million |
| Maine Coast Shellfish, LLC | 2020-04-30 | $350,000-1 million |
| Maine Recycling Corporation | 2020-04-30 | $350,000-1 million |
| Oxford County Mental Health Services | 2020-04-30 | $350,000-1 million |
| South Portland Nursing Home, Inc. | 2020-04-30 | $350,000-1 million |
| Spruce One, LLC | 2020-04-30 | $350,000-1 million |
| Toba Tarp, Inc. | 2020-04-30 | $350,000-1 million |
| Advanced Dental Concepts at Windham Crossing, P.A. | 2020-04-30 | $150,000-350,000 |
| Broadway Gardens, Inc. | 2020-04-30 | $150,000-350,000 |
| Crosswinds Residential Care, Inc. | 2020-04-30 | $150,000-350,000 |
| Farnsworth Enterprises, Inc. | 2020-04-30 | $150,000-350,000 |
| Gridiron | 2020-04-30 | $150,000-350,000 |
| Houses & Barns by John Libby | 2020-04-30 | $150,000-350,000 |
| I-Community Connect | 2020-04-30 | $150,000-350,000 |
| K Pel Industrial Services, Inc. | 2020-04-30 | $150,000-350,000 |
| Mark R. Hammond Associates, Inc. | 2020-04-30 | $150,000-350,000 |
| Next Step Domestic Violence Project | 2020-04-30 | $150,000-350,000 |
| Northern New England Housing Investment Fund | 2020-04-30 | $150,000-350,000 |
| Occupational Health Associates | 2020-04-30 | $150,000-350,000 |
| Reconnect, Inc. | 2020-04-30 | $150,000-350,000 |
| Relax ME, Inc. | 2020-04-30 | $150,000-350,000 |
| Ridgewood Estates, LLC | 2020-04-30 | $150,000-350,000 |
| Riverview Dental Associates, P.A. | 2020-04-30 | $150,000-350,000 |
| Sandy Bottom Investment Group, Inc. | 2020-04-30 | $150,000-350,000 |
| St. Joseph's Memory Care, Inc. | 2020-04-30 | $150,000-350,000 |
| Strout & Payson, P.A. | 2020-04-30 | $150,000-350,000 |
| Swaney Lighting Association, Inc. | 2020-04-30 | $150,000-350,000 |
| Taco Barr, LLC | 2020-04-30 | $150,000-350,000 |
| DLTC, Inc. | 2020-05-01 | $1-2 million |
| Bridge Support Services, LLC | 2020-05-01 | $350,000-1 million |
| Ovation. Io, Inc. | 2020-05-01 | $350,000-1 million |
| Rousseau Enterprises, LLC | 2020-05-01 | $350,000-1 million |
| Stratton Lumber, Inc. | 2020-05-01 | $350,000-1 million |
| Halfpints Daycare, LLC | 2020-05-01 | $150,000-350,000 |
| Harbor View Eye Care, LLC | 2020-05-01 | $150,000-350,000 |
| Mer, Inc. | 2020-05-01 | $150,000-350,000 |
| Montello Heights | 2020-05-01 | $150,000-350,000 |
| MTM Delivery Services, Inc. | 2020-05-01 | $150,000-350,000 |
| P&B Paving, Inc. | 2020-05-01 | $150,000-350,000 |
| The Maine Wood Treaters, Inc. | 2020-05-01 | $150,000-350,000 |
| American Steel and Aluminum, LLC | 2020-05-03 | $1-2 million |
| Bluewater Emergency Partners, LLC | 2020-05-03 | $1-2 million |
| CMC & Maintenance, Inc. | 2020-05-03 | $1-2 million |
| Dayton Sand & Gravel Company, Inc. | 2020-05-03 | $1-2 million |
| Northern New England Conference of Sda-Sba Small 7a Term | 2020-05-03 | $1-2 million |
| Wilson 5 Service Company -Sba Small 7a Term, Inc. | 2020-05-03 | $1-2 million |
| Abilis Solutions Corporation -Sba Small 7a Term | 2020-05-03 | $350,000-1 million |
| Brickell Brands, LLC | 2020-05-03 | $350,000-1 million |
| Charlie'S Chevrolet, Inc. | 2020-05-03 | $350,000-1 million |
| Hews Company, LLC | 2020-05-03 | $350,000-1 million |
| Maine Parts & Machine, Inc. | 2020-05-03 | $350,000-1 million |
| Noreast Home Healthcare, LLC | 2020-05-03 | $350,000-1 million |
| Planson International Corporation | 2020-05-03 | $350,000-1 million |
| RI Ra Portland, LLC | 2020-05-03 | $350,000-1 million |
| Audio and Video by Design, LLC | 2020-05-03 | $150,000-350,000 |
| Bouzu Steakhouse, Inc. | 2020-05-03 | $150,000-350,000 |
| Citizens of Maine -Sba Small 7a Term, LLC | 2020-05-03 | $150,000-350,000 |
| Dave'S Appliance, Inc. | 2020-05-03 | $150,000-350,000 |
| Ever Spring Company, Inc. | 2020-05-03 | $150,000-350,000 |
| Lee Baxter Enterprises, Inc. | 2020-05-03 | $150,000-350,000 |
| Marshall Rental Center, Inc. | 2020-05-03 | $150,000-350,000 |
| Mcteague Higbee Case Cohen Whitney & Toker -Sba Small 7a Term, PA | 2020-05-03 | $150,000-350,000 |
| Nephrology Associates-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Northcross Group | 2020-05-03 | $150,000-350,000 |
| Restorative & Aesthetic Dental-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Synergy CHC Corporation-Sba Small 7a Term | 2020-05-03 | $150,000-350,000 |
| Whole Hog, LLC | 2020-05-03 | $150,000-350,000 |
| Winfield Childrens House, Inc. | 2020-05-03 | $150,000-350,000 |
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