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PPP loan search: See how many were issued in NY, Hornell area

The federal Paycheck Protection Program started last year amid the COVID-19 pandemic has been a popular lifeline for businesses in New York. ....

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PPP loan search: See how many were issued in NY, Hudson Valley

Downstate New York was the epicenter for coronavirus in the first months of the pandemic.
The average loan was fairly small in New York, he said: an average of $104,200 ranging from a low of $50,300 on average in Greene County to a high of $153,600 on average in Manhattan.
And the businesses who applied were almost all small: 90% of the loans went to businesses with less than 25 employees.
Among various sectors, the highest percentage of loans, about 14% of the total, went to businesses in the professional, scientific and technical services industry.
Still, the program has drawn criticism at times for lax rules and poor administration. ....

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PPP loan search: See how many were issued in NY, Lower Hudson Valley

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ALBANY - The federal Paycheck Protection Program, started last year amid the COVID-19 pandemic, has been a popular lifeline for businesses in New York.
Companies, mainly small businesses, have received more than 700,000 low-interest loans and been approved for up to $60 billion in relief, federal records showed.
The money is part of the so-called PPP that was created in the CARES Act approved by Congress in March 2020, and the time to apply ends May 31.
“The PPP loans were a tremendous and vital lifeline during what was one of the most significant economic disruptions in New York State history, Heather Briccetti, president of the state Business Council, said in a statement. ....

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PPP loan search: See how many were issued in NY, Wellsville area

The list of PPP applicants reflects the difficult year COVID had on small businesses, including restaurants.
For example, dairy manufacturer O-At-Ka Milk Products in western New York and Perry’s Ice Cream in Akron, east of Buffalo, received $6 million and $5 million, respectively.
Another notable restaurant chain in upstate New York, Dinosaur Bar-B-Que, took out a $5.2 million loan.
The program was initially funded at $349 billion, but subsequent federal stimulus packages included more money for the program as companies seek to rebound from the pandemic s economic toll.
The loans helped preserve more than 3 million jobs in New York, the federal government said last year. ....

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PPP loan search: See how many were issued in NY, Elmira area

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ALBANY - The federal Paycheck Protection Program, started last year amid the COVID-19 pandemic, has been a popular lifeline for businesses in New York.
Companies, mainly small businesses, have received more than 700,000 low-interest loans and been approved for up to $60 billion in relief, federal records showed.
The money is part of the so-called PPP that was created in the CARES Act approved by Congress in March 2020, and the time to apply ends May 31.
“The PPP loans were a tremendous and vital lifeline during what was one of the most significant economic disruptions in New York State history, Heather Briccetti, president of the state Business Council, said in a statement. ....

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