There were 49 PPP loans issued in Arizona during the week ending May 24. 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 |
|---|---|---|
| Excelsior Mining JCM, Inc. | 2020-05-18 | $1-2 million |
| A. T. L. A. S Tix, LLC | 2020-05-18 | $150,000-350,000 |
| Allstate Energy, Inc. | 2020-05-18 | $150,000-350,000 |
| Ron Davis Racing Products, Inc. | 2020-05-18 | $150,000-350,000 |
| SLO Restaurant Concepts, LLC | 2020-05-18 | $150,000-350,000 |
| Southwest Excavating, LLC | 2020-05-18 | $150,000-350,000 |
| The Griffin Foundation, Inc. | 2020-05-18 | $150,000-350,000 |
| Transparen Cpas | 2020-05-18 | $150,000-350,000 |
| PM&M Electric, Inc. | 2020-05-19 | $2-5 million |
| JJ Express Transport, LLC | 2020-05-19 | $1-2 million |
| Academy Del Sol, Inc. | 2020-05-19 | $350,000-1 million |
| Customer Engagement Services, LLC | 2020-05-19 | $350,000-1 million |
| Icagen-T, Inc. | 2020-05-19 | $350,000-1 million |
| Rudolfo Bros Masonry, LLC | 2020-05-19 | $350,000-1 million |
| Santa Cruz Training Programs, Inc. | 2020-05-19 | $350,000-1 million |
| Stig, LLC | 2020-05-19 | $350,000-1 million |
| USA Hall of Frames | 2020-05-19 | $350,000-1 million |
| Adultcare Partners, LLC | 2020-05-19 | $150,000-350,000 |
| Carefree Smiles, PLLC | 2020-05-19 | $150,000-350,000 |
| I Groups Medical Transport, LLC | 2020-05-19 | $150,000-350,000 |
| Muller & Sons Trucking, Inc. | 2020-05-19 | $150,000-350,000 |
| Redmond Construction, LLC | 2020-05-19 | $150,000-350,000 |
| Sun Pneumatics, Inc. | 2020-05-19 | $150,000-350,000 |
| Sunland Auto Mesa, LLC | 2020-05-19 | $150,000-350,000 |
| Desert Choice Transport, LLC | 2020-05-20 | $350,000-1 million |
| Tucson International Academy, Inc. | 2020-05-20 | $350,000-1 million |
| Bio Family Clinic, PC | 2020-05-20 | $150,000-350,000 |
| C & B Piping W, Inc. | 2020-05-20 | $150,000-350,000 |
| Dykstra, Inc. | 2020-05-20 | $150,000-350,000 |
| Industrial Stallion | 2020-05-20 | $150,000-350,000 |
| Raven Operations, LLC | 2020-05-20 | $150,000-350,000 |
| The Tres Sisters, LLC | 2020-05-20 | $150,000-350,000 |
| Thomas Brodie II, Inc. | 2020-05-20 | $150,000-350,000 |
| Whitley Machine, Inc. | 2020-05-20 | $150,000-350,000 |
| W2005 WKI Realty, LLC | 2020-05-21 | $5-10 million |
| Artsco, Inc. | 2020-05-21 | $350,000-1 million |
| Calibre Academy, Inc. | 2020-05-21 | $350,000-1 million |
| Busy D Pumping, Inc. | 2020-05-21 | $150,000-350,000 |
| GD & Sons Construction | 2020-05-21 | $150,000-350,000 |
| King Crown Construction, LLC | 2020-05-21 | $150,000-350,000 |
| Solo of America Self Organized Living Opportunities | 2020-05-21 | $150,000-350,000 |
| Cochise Community Development Corporatio | 2020-05-22 | $350,000-1 million |
| Pima Ace Hardware, Inc. | 2020-05-22 | $350,000-1 million |
| 2 U Glass & Tint, LLC | 2020-05-22 | $150,000-350,000 |
| Blaes Environmental Management, Inc. | 2020-05-22 | $150,000-350,000 |
| Last Mile Logistics, LLC | 2020-05-22 | $150,000-350,000 |
| Mary's Mission and Developmental Center, Inc. | 2020-05-22 | $150,000-350,000 |
| Homecare LLC, M.D. | 2020-05-22 | $150,000-350,000 |
| A Place All My OWN Health Care, LLC | 2020-05-23 | $150,000-350,000 |
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