There were 67 PPP loans issued in Arizona during the week ending June 28. 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 |
|---|---|---|
| Paragon Services, LLC | 2020-06-22 | $1-2 million |
| Possible Pat, LLC | 2020-06-22 | $1-2 million |
| KSC, LLC | 2020-06-22 | $350,000-1 million |
| PMA Deluxe, LLC | 2020-06-22 | $350,000-1 million |
| Southwest Concrete, Inc. | 2020-06-22 | $350,000-1 million |
| ABS Metallurgical Processors, Inc. | 2020-06-22 | $150,000-350,000 |
| Lifetime Roof Systems, Inc. | 2020-06-22 | $150,000-350,000 |
| Maxim Media Marketing, Inc. | 2020-06-22 | $150,000-350,000 |
| Sedona Charter School, Inc. | 2020-06-22 | $150,000-350,000 |
| Sincereshipit, LLC | 2020-06-22 | $150,000-350,000 |
| Smartscrubs, LLC | 2020-06-22 | $150,000-350,000 |
| Your 10 Life Foundation, Inc. | 2020-06-22 | $150,000-350,000 |
| Blucor Contracting, Inc. | 2020-06-23 | $1-2 million |
| All About Speech, LLC | 2020-06-23 | $350,000-1 million |
| L&W Machine Company | 2020-06-23 | $350,000-1 million |
| Lexington Life Academy, LLC | 2020-06-23 | $350,000-1 million |
| Premier Cardiovascular Center | 2020-06-23 | $350,000-1 million |
| Premier Foods, Inc. | 2020-06-23 | $350,000-1 million |
| 4716, Inc. | 2020-06-23 | $150,000-350,000 |
| Baron Landscape and Pool Solutions, LLC | 2020-06-23 | $150,000-350,000 |
| Cafe Poca Cosa, Inc. | 2020-06-23 | $150,000-350,000 |
| Sacred Heart Nursing Services | 2020-06-23 | $150,000-350,000 |
| USA RV & Marine, Inc. | 2020-06-23 | $150,000-350,000 |
| Morrison Education Group, Inc. | 2020-06-24 | $350,000-1 million |
| Pathology Associates, Ltd. | 2020-06-24 | $350,000-1 million |
| PCT International, Inc. | 2020-06-24 | $350,000-1 million |
| AZ Laboratories, LLC | 2020-06-24 | $150,000-350,000 |
| Colton Constructors, Inc. | 2020-06-24 | $150,000-350,000 |
| Harris Dental Partnership | 2020-06-24 | $150,000-350,000 |
| Incito Schools | 2020-06-24 | $150,000-350,000 |
| L3logistics, LLC | 2020-06-24 | $150,000-350,000 |
| Enrique Castellanos | 2020-06-25 | $350,000-1 million |
| Gameroom Goodies | 2020-06-25 | $350,000-1 million |
| Herder Plumbing, Inc. | 2020-06-25 | $350,000-1 million |
| 4245 North Drinkwater AZ, LLC | 2020-06-25 | $150,000-350,000 |
| All Spectrum Builders, LLC | 2020-06-25 | $150,000-350,000 |
| Aqualine Plumbing, Electrical & Air Conditioning, LLC | 2020-06-25 | $150,000-350,000 |
| Bivens & Associates, P.L.L.C. | 2020-06-25 | $150,000-350,000 |
| Buchanan Construction, LLC | 2020-06-25 | $150,000-350,000 |
| CLW Construction, Inc. | 2020-06-25 | $150,000-350,000 |
| Coffee Roasters of Arizona, Inc. | 2020-06-25 | $150,000-350,000 |
| Estrella Nails and Spa, L.L.C. | 2020-06-25 | $150,000-350,000 |
| Fresh Start Women's Foundation | 2020-06-25 | $150,000-350,000 |
| JBJ Electric Company, LLC | 2020-06-25 | $150,000-350,000 |
| M. C. Davis Company, LLC | 2020-06-25 | $150,000-350,000 |
| Open END | 2020-06-25 | $150,000-350,000 |
| Hendley Communications, Inc. | 2020-06-26 | $350,000-1 million |
| Northland Preparatory Academy | 2020-06-26 | $350,000-1 million |
| Pepe and Chip Store, LLC | 2020-06-26 | $350,000-1 million |
| We Shine Detailing, LLC | 2020-06-26 | $350,000-1 million |
| Arizona Cast Turbine, LLC | 2020-06-26 | $150,000-350,000 |
| Carniceria El Rancho Grande, LLC | 2020-06-26 | $150,000-350,000 |
| Horne Dodge Chrysler Jeep Nissan, LLC | 2020-06-26 | $150,000-350,000 |
| Murphys Landscape and Home Managementllc | 2020-06-26 | $150,000-350,000 |
| TL Solutions and Services | 2020-06-26 | $150,000-350,000 |
| Yavapai GC, LLC | 2020-06-26 | $150,000-350,000 |
| Post Tension Services of Arizona, LLC | 2020-06-27 | $350,000-1 million |
| Allen & Pinckard Industrial Contractors, Inc. | 2020-06-27 | $150,000-350,000 |
| Artisan Roofing Systems, LLC | 2020-06-27 | $150,000-350,000 |
| Bohemia, Inc. | 2020-06-27 | $150,000-350,000 |
| DCB I Enterprises, LLC | 2020-06-27 | $150,000-350,000 |
| Future Forward, LLC | 2020-06-27 | $150,000-350,000 |
| Gecko Enterprises, LLC | 2020-06-27 | $150,000-350,000 |
| Tricityappraisers | 2020-06-27 | $150,000-350,000 |
| Global Media Network USA, Inc. | 2020-06-28 | $150,000-350,000 |
| Kirk Nielson Development, Inc. | 2020-06-28 | $150,000-350,000 |
| The Chiller Car Seat Cover, LLC | 2020-06-28 | $150,000-350,000 |
Alerts Sign-up