The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
Top 100 largest PPP loans in 2021 in ZIP Code 98225
| Name of Borrower | Current Approved Amount |
|---|---|
| Bornstein Seafoods, Inc. | $2,000,000 |
| Hollander Properties, LLC | $2,000,000 |
| Blythe Mechanical, Inc. | $2,000,000 |
| MT Baker Imaging, LLC | $1,648,518 |
| Morse Distribution, Inc. | $1,307,027 |
| All American Marine, Inc. | $1,042,000 |
| Starline Windows USA, LLC | $942,837 |
| Whatcom Family Ymca | $923,400 |
| Boys & Girls Clubs of Whatcom County | $869,000 |
| Boundary Bay Brewing Company | $852,931 |
| Jaspar Holdings, Inc. | $789,914 |
| Bellwether Harbor Investments, LLP | $708,739 |
| Construction by Champion, LLC | $679,200 |
| Aslan Brewing Company, LLC | $678,100 |
| Geo/test Services, Inc. | $674,836 |
| Avenue Bread & Deli, Inc. | $639,100 |
| Pacific Rim Outpatient Surgery Center Limited Liabilitycompa | $624,526 |
| Parker Remick, LLC | $617,770 |
| Twin Sisters Brewing Company, Inc. | $567,269 |
| Caz Holdings, LLC | $564,350 |
| Pacific Surveying & Engineering Services, Inc. | $538,613 |
| Hansen Chiropractic P. S. | $515,189 |
| Home Port Seafoods, Inc. | $515,137 |
| Northwest Hospitality Development, LLC | $480,000 |
| Bellingham Golf and Country Club | $474,144 |
| CDI Custom Design, Inc. | $443,993 |
| Jdubs Filling Station, LLC | $415,400 |
| Bellingham Ear Nose & Throat & Facial Plastic Surgery P., Inc. | $414,730 |
| Signs Plus, Inc. | $414,189 |
| Moceri Construction, Inc. | $410,100 |
| Left Coast Enterprises, Inc. | $385,095 |
| Kulshan Brewing Company | $355,586 |
| CC Food Company | $352,644 |
| Domestic Violence and Sexual Assault Services of Whatcomcoun | $341,553 |
| Apana, Inc. | $337,643 |
| Northwest Eye Clinic PS, Inc. | $336,300 |
| Mount Baker Theatre | $319,380 |
| American Alpine Institute, Ltd. | $306,445 |
| Sustainable Connections | $299,849 |
| Blue Eyed Charlotte, Inc. | $297,968 |
| Pacific Facility Solutions, Inc. | $295,102 |
| Darryl W. S. Chen and Linh T. Vu D.D.S. Inc. P. S., D.D.S. | $288,800 |
| Chuckanut Brewery, LLC | $285,073 |
| Olsen Auto Body & Collision, Inc. | $281,361 |
| Sea Sport Boat Company, LLC | $279,000 |
| Core Performance, LLC | $264,118 |
| Bad Kitty, LLC | $262,640 |
| Fiberglass Structural Engineering | $261,805 |
| Naples Best Skylark's, LLC | $259,324 |
| D'Anna's Ravioli Company, Inc. | $256,927 |
| Conveyor Dynamics, Inc. | $251,492 |
| Overhead Door Company of Bellingham, LLC | $249,345 |
| Lombardi's in Bellingham, LLC | $242,100 |
| Fairhaven Veterinary Hospital, PLLC | $235,522 |
| Latitude Restaurants Bellingham, Inc. | $235,287 |
| Bellingham Urology Group | $233,540 |
| Yeagers Sporting Goods | $230,755 |
| Mambo Italiano Cafe, Inc. | $226,800 |
| Index Industries, Inc. | $223,055 |
| Rosewood Villa Opco, LLC | $222,906 |
| Vitamin G, Inc. | $221,183 |
| MT. Baker Vision Clinic L. P., P.L. | $220,255 |
| Scott L. Clough P. S., D.D.S. | $219,021 |
| Feller Heating & Air Conditioning, Inc. | $215,043 |
| City Cab, Inc. | $210,268 |
| Avenue Bakery, LLC | $209,300 |
| Marcus a Fairbanks and Darcy R Galbraith, D.D.S. | $205,727 |
| Bellingham Cider Company, LLC | $205,691 |
| O T C, Inc. | $204,792 |
| Step 3, Inc. | $202,087 |
| American Canadian Fisheries, Inc. | $200,485 |
| Alvord-Richardson Construction Company, Inc. | $199,400 |
| Whatcom Vision Clinics, PLLC | $198,703 |
| Eyeco Optometry PS | $190,605 |
| Mama Colophon, Inc. | $189,986 |
| Historic Fairhaven Retail Associates, Inc. | $186,750 |
| Lemley Enterprises, LLC | $182,500 |
| Chuckanut Builders, LLC | $180,070 |
| Chad Hugh Galbraith PS, D.D.S. | $178,400 |
| Northwest Denture Centers, Inc. | $177,800 |
| Michael R. Jorgenson P. S., D.D.S. | $172,754 |
| OVN, LLC | $172,700 |
| Apple Pediatric Dentistry, LLC | $171,945 |
| New Bagelry, LLC | $168,308 |
| Habitat for Humanity in Whatcom County, Inc. | $167,000 |
| Applied Digital Imaging, Inc. | $164,465 |
| Menace Industries, LLC | $161,759 |
| Northwest Walk-in Health Center P. S. | $160,100 |
| Seaproduct West, Inc. | $155,042 |
| Acme Bham, LLC | $153,978 |
| Parker John C Haley PLLC D.D.S. | $148,422 |
| Mount Baker Rheumatology Center | $147,086 |
| Bellingham Health & Fitness, Inc. | $147,000 |
| Strategic Asset Alliance, Inc. | $146,785 |
| Green Family Enterprises, Inc. | $144,900 |
| Law Offices of Ziad I. Youssef, PLLC | $143,500 |
| Soy House Restaurant, Inc. | $142,372 |
| Eric S Smith Inc. PS, M.D. | $137,613 |
| Pacific Cruises Northwest, Inc. | $137,239 |
| Bruce Cox Imports, Inc. | $136,272 |
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