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 2020 in ZIP Code 81621
| Name of Borrower | Current Approved Amount |
|---|---|
| Roaring Fork Club, LLC | $1,721,100 |
| Rocky Mountain Connections, Inc. | $1,065,200 |
| Myers and Company, Architectural Metals | $1,028,147 |
| The Romero Group, LLC | $897,700 |
| Brikor Associates, LLC | $857,200 |
| Umbrella Roofing, Inc. | $853,619 |
| Cottle Carr Yaw Architects | $711,100 |
| Jaywalker Lodge, Inc. | $596,600 |
| Harriman Construction, Inc. | $560,000 |
| Forrest Painting, LLC | $507,600 |
| Valley Acquisition Company, LLC | $449,742 |
| Ascendigo Autism Services, Inc. | $449,741 |
| Rudd Associates Construction, Inc. | $425,100 |
| Proguard Protection Services, Inc. | $408,800 |
| Lassiter Electric, Inc. | $393,700 |
| Tom & Ellen Marshall Enterprises, Inc. | $346,500 |
| Aspen Hope Center | $340,100 |
| Keelty Construction, Inc. | $321,500 |
| High-Con, Inc. | $308,600 |
| Onion, LLC | $300,300 |
| Orthopaedic Associates of Aspen & Glenwood Springs, P.C. | $270,200 |
| Ajax Roofing Company, LLC | $269,200 |
| K and W Concrete, Inc. | $259,800 |
| Southside Commercial Enterprises, LLC | $245,000 |
| El Kora, Inc. | $240,700 |
| Daly Property Services, Inc. | $211,200 |
| Aspen Community Foundation | $208,800 |
| Flame out Fire Protection, Inc. | $199,000 |
| Cali Corporation | $198,741 |
| High Tone Auto Body, Inc. | $188,200 |
| Roaring Fork Resources, LLC | $188,100 |
| All Valley Maintenance | $185,200 |
| Ajax Pool and Spa, Inc. | $183,800 |
| Eigelberger, LLC | $171,600 |
| Midvalley Family Practice, P.C. | $167,100 |
| ELK Mountain Ventures, Inc. | $165,700 |
| Woody Creek Distillers | $165,107 |
| Isberian Rug Company, Inc. | $164,929 |
| Frying Pan Anglers, Inc. | $160,600 |
| Global Work Resources, LLC | $160,100 |
| 10th Mountain Plumbing Service, LLC | $147,600 |
| Elements of Style, Inc. | $147,000 |
| Quantative Financial Strategies, Inc. | $146,845 |
| Willits Veterinary Hospital, PLLC | $146,800 |
| Patrick Miller & Noto, PC | $142,900 |
| Willits General Store | $139,300 |
| Diamond Kip's, Inc. | $139,200 |
| Tac, Ltd. | $136,000 |
| QFS Conyers, LLC | $135,100 |
| The Little Viking, Inc. | $133,600 |
| Growing Years School | $133,200 |
| David J. Borchers, P. C., M.D. | $129,700 |
| PGL, LLC | $124,900 |
| Two Leaves and a Bud, Inc. | $120,700 |
| Naturlfx, Inc. | $120,054 |
| Helpers Disaster Restoration, LLC | $118,500 |
| Aspen Rent-All, Inc. | $118,500 |
| Rick's High Tone Automotive & Tire, Inc. | $117,800 |
| Green Electrical Solutions, LLC | $117,800 |
| Cornerstone Christian School | $117,461 |
| Bristlecone Mountain Sports, LLC | $117,000 |
| Timberline Excavation | $115,500 |
| Columbine Landscape Service, Company | $112,100 |
| Basalt Center, LLC | $110,200 |
| Sopris Mechanical, Inc. | $109,400 |
| Mezz Willits, LLC | $109,400 |
| Kedai, LLC | $103,600 |
| A OK Plumbing & Heating, Inc. | $103,500 |
| Decatur Wilkie, Inc. | $101,600 |
| Riversedge, LLC | $99,600 |
| Peck Feigenbaum, PC | $99,100 |
| Independence Construction Group | $97,643 |
| Robert Singer & Associates | $96,909 |
| Roaring Fork Physical Therapy, PC | $96,800 |
| Roaring Fork Neurology, PC | $96,700 |
| Mountain Greenery Plantscapes, Inc. | $96,057 |
| Aspen Wienerstube, LLC | $95,800 |
| Albright & Associates, Inc. | $95,085 |
| Heathers Savory Pies, LLC | $94,900 |
| European Caterers, Ltd. | $94,700 |
| Ajax Enterprises, Inc. | $89,900 |
| Boulder Boat Works, LLC | $88,701 |
| Thomas P Moore PH. D. P. C., M.D. | $83,200 |
| Basalt Printing | $80,200 |
| Elevate Dental Wellness, P.C. | $79,963 |
| Willits Fine Wine, LLC | $79,042 |
| Aspen Valley Property Management, LLC | $78,800 |
| Willow Creek Management Services, Inc. | $75,200 |
| Roaring Fork Landscapes, Inc. | $75,100 |
| English in Action | $74,900 |
| 4 Corners Fencing, LLC | $74,700 |
| Specialized Protective Services | $71,455 |
| Basalt Management, Inc. | $70,400 |
| MW Appraisal, Inc. | $70,200 |
| Michael Fuller Architects | $68,670 |
| Aros, LLC | $68,300 |
| Wills Investments XI, LLC | $68,200 |
| Roaring Fork Dental Associates, PC | $67,900 |
| Birds Beware Window Washing, Inc. | $65,700 |
| Blue River Construction Management, LLC | $65,400 |
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