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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Flatbread Paia, LLC | $573,769 |
| Rock & Brews Paia, LLC | $382,981 |
| British Hawaiian Industries, Ltd. | $285,040 |
| Cafe Des Amis, LLC | $281,914 |
| Paia Fishmarket & Restaurant, Inc. | $246,358 |
| Paia INN Cafe, LLC | $233,430 |
| Sean Henry, LLC | $220,734 |
| Betham Pacific, LLC | $170,306 |
| Paia Bay Coffee, Inc. | $109,375 |
| Paia INN, LLC | $104,550 |
| Burning Core Maui, LLC | $85,367 |
| Imrie Industries II, Inc. | $72,522 |
| Oceania Mauillc | $66,845 |
| JMC General Contracting, LLC | $60,718 |
| Ono Gelato of Paia, LLC | $51,222 |
| Kolani Distillers, LLC | $48,908 |
| Surf Club, Inc. | $48,636 |
| R & D Mechanical, LLC | $45,325 |
| Aloha Kai Academy, Inc. | $44,000 |
| Shakacode, LLC | $43,732 |
| Blue Planet Tile and Granite, Inc. | $40,855 |
| Tobis North Shore Shave Ice | $31,130 |
| Ansari, Inc. | $28,700 |
| The Maui Real Estate Team, Inc. | $28,287 |
| Nectar Creations, LLC | $28,100 |
| Teri Larronde | $26,690 |
| Maui Girl Ventures, LLC | $23,444 |
| Blue Penguin Enterprises, LLC | $23,275 |
| Kiwi Johns, Inc. | $23,175 |
| Hawaii Wildlife Fund | $21,732 |
| Maui Connections, LLC | $21,500 |
| Michelle Crompton | $20,833 |
| Andrea Walls | $20,833 |
| Robert Sheets | $20,833 |
| Katsu Frausto | $20,833 |
| Martin Lenny | $20,833 |
| Maui Land Development Company, LLC | $20,832 |
| Naciye Toraman | $20,832 |
| Kai Waterman, Inc. | $20,832 |
| Tamara Bexton LLC D.M.D. | $20,832 |
| Bubba's Best, LLC | $20,832 |
| Keith Apana | $19,909 |
| CDA Ventures, LLC | $19,638 |
| Sand & Sea Gifts, LLC | $15,097 |
| C3 Submerged, LLC | $15,067 |
| Maui Budget Cars Corporation | $14,912 |
| Melia Lucida, LLC | $14,676 |
| Surf House Hawaii, LLC | $14,409 |
| Keith Apana | $14,221 |
| Biasarose, Ltd. | $14,220 |
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