There were 45 PPP loans issued in Arizona during the week ending July 5. 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 |
|---|---|---|
| AK&J Sealants, LLC | 2020-06-29 | $350,000-1 million |
| Justicetrax, Inc. | 2020-06-29 | $350,000-1 million |
| PHX Store 480, LLC | 2020-06-29 | $350,000-1 million |
| 4th Generation Farms, LLC | 2020-06-29 | $150,000-350,000 |
| Adult and Pediatric Rehabilitation, LLC | 2020-06-29 | $150,000-350,000 |
| Copper Stone Construction, Inc. | 2020-06-29 | $150,000-350,000 |
| Destiny Sober Living | 2020-06-29 | $150,000-350,000 |
| Erika M Munoz, LLC | 2020-06-29 | $150,000-350,000 |
| Jaj Associates, PLLC | 2020-06-29 | $150,000-350,000 |
| Mav 8, LLC | 2020-06-29 | $150,000-350,000 |
| MI Amigo Ricardo, Inc. | 2020-06-29 | $150,000-350,000 |
| Streamline Enterprises Incorporated | 2020-06-29 | $150,000-350,000 |
| Treyz Law Group, P.C. | 2020-06-29 | $150,000-350,000 |
| JJ Express Transport, LLC | 2020-06-30 | $2-5 million |
| 2 Tier Justice System, LLC | 2020-06-30 | $350,000-1 million |
| Blueprint Education, Inc. | 2020-06-30 | $350,000-1 million |
| Brenbecke, Inc. | 2020-06-30 | $350,000-1 million |
| Buckeye West, LLC | 2020-06-30 | $350,000-1 million |
| ETCH Salon | 2020-06-30 | $350,000-1 million |
| Global Data Services, Inc. | 2020-06-30 | $350,000-1 million |
| Learning Matters Educational Group | 2020-06-30 | $350,000-1 million |
| Little AZ Shop, LLC | 2020-06-30 | $350,000-1 million |
| Sedella Assisted Living, LLC | 2020-06-30 | $350,000-1 million |
| Stewart Transport, Inc. | 2020-06-30 | $350,000-1 million |
| Alante Air Charter, LLC | 2020-06-30 | $150,000-350,000 |
| Arizona Best Hospice, LLC | 2020-06-30 | $150,000-350,000 |
| Arizona Progressive Medical Center | 2020-06-30 | $150,000-350,000 |
| Citywide Restoration, Inc. | 2020-06-30 | $150,000-350,000 |
| D and J Educational Business, Inc. | 2020-06-30 | $150,000-350,000 |
| Decorative Paving Solutions, LLC | 2020-06-30 | $150,000-350,000 |
| Desert Sun Oil Corporation | 2020-06-30 | $150,000-350,000 |
| El Hefe 3, LLC | 2020-06-30 | $150,000-350,000 |
| Emergency Environmental Services, LLC | 2020-06-30 | $150,000-350,000 |
| Enable Therapy Services, LLC | 2020-06-30 | $150,000-350,000 |
| Honey Go Nails, LLC | 2020-06-30 | $150,000-350,000 |
| Keystonemasonryllc | 2020-06-30 | $150,000-350,000 |
| Learning Matters Educational Group | 2020-06-30 | $150,000-350,000 |
| OLT, Inc. | 2020-06-30 | $150,000-350,000 |
| Omega Produce Company, Inc. | 2020-06-30 | $150,000-350,000 |
| Pinnacle Peak | 2020-06-30 | $150,000-350,000 |
| Pyramid Medical Services, LLC | 2020-06-30 | $150,000-350,000 |
| Tainan Management Services, Inc. | 2020-06-30 | $150,000-350,000 |
| Thorogood Logistics, Inc. | 2020-06-30 | $150,000-350,000 |
| Wisky Row 3, LLC | 2020-06-30 | $150,000-350,000 |
| Wright Auto Group, LLC | 2020-06-30 | $150,000-350,000 |
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