There were 85 PPP loans issued in Arizona during the week ending May 17. 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 |
|---|---|---|
| Ron Denk Investment Advisory Services, Ltd. | 2020-05-11 | $2-5 million |
| F&C Hospitality Services, LLC | 2020-05-11 | $350,000-1 million |
| Helm Precision, Ltd. | 2020-05-11 | $350,000-1 million |
| Spectra Services, Inc. | 2020-05-11 | $350,000-1 million |
| Alliance for Global Justice | 2020-05-11 | $150,000-350,000 |
| Arizona Demolition Services, LLC | 2020-05-11 | $150,000-350,000 |
| AZ Culichi Town, LLC | 2020-05-11 | $150,000-350,000 |
| Enriching Lives, LLC | 2020-05-11 | $150,000-350,000 |
| Enviro-Drill, Inc. | 2020-05-11 | $150,000-350,000 |
| Harmony Healthcare, LLC | 2020-05-11 | $150,000-350,000 |
| JT Logistics, Inc. | 2020-05-11 | $150,000-350,000 |
| Lake Havasu City Hotel Partners, LLC | 2020-05-11 | $150,000-350,000 |
| M & C Hospitality Services, LLC | 2020-05-11 | $150,000-350,000 |
| M&R Restaurant Group, LLC | 2020-05-11 | $150,000-350,000 |
| Mountain View Family Dental, PLLC | 2020-05-11 | $150,000-350,000 |
| MZZZ BS Cleaning Service | 2020-05-11 | $150,000-350,000 |
| Pindernation Electric, LLC | 2020-05-11 | $150,000-350,000 |
| Policy Development Group, Inc. | 2020-05-11 | $150,000-350,000 |
| Prescott Endodontic Associates, PC | 2020-05-11 | $150,000-350,000 |
| Pretty Girlz Cleaning Services | 2020-05-11 | $150,000-350,000 |
| Sunset Valley Sales, LLC | 2020-05-11 | $150,000-350,000 |
| The King of Red Mountain, LLC | 2020-05-11 | $150,000-350,000 |
| Touch Angels Behavioral Health, LLC | 2020-05-11 | $150,000-350,000 |
| Welch4, Inc. | 2020-05-11 | $150,000-350,000 |
| Aguilar Construction, LLC | 2020-05-12 | $350,000-1 million |
| Evergreen Devco, Inc. | 2020-05-12 | $350,000-1 million |
| Macadaw Corporation | 2020-05-12 | $350,000-1 million |
| New Way Academy | 2020-05-12 | $350,000-1 million |
| Structures Stucco, LLC | 2020-05-12 | $350,000-1 million |
| A & E Solheim, LLC | 2020-05-12 | $150,000-350,000 |
| Custom Plumbing of Arizona, LLC | 2020-05-12 | $150,000-350,000 |
| Desert Star Community School | 2020-05-12 | $150,000-350,000 |
| Lura Turner Homes, Inc. | 2020-05-12 | $150,000-350,000 |
| Randall AHRNS | 2020-05-12 | $150,000-350,000 |
| Smith's Investments, Inc. | 2020-05-12 | $150,000-350,000 |
| Sunrise Pet Clinic, PLLC | 2020-05-12 | $150,000-350,000 |
| The Plumber Guy, LLC | 2020-05-12 | $150,000-350,000 |
| Tri-City Fire Department | 2020-05-12 | $150,000-350,000 |
| Hon-Dah Resort Casino | 2020-05-13 | $2-5 million |
| Data Doctors, Inc. | 2020-05-13 | $350,000-1 million |
| Microwatt Applications, LLC | 2020-05-13 | $350,000-1 million |
| Perkins Cinders, Inc. | 2020-05-13 | $350,000-1 million |
| Danson Construction, LLC | 2020-05-13 | $150,000-350,000 |
| Eton Lending, Inc. | 2020-05-13 | $150,000-350,000 |
| Fort Mojave Telecommunications, Inc. | 2020-05-13 | $150,000-350,000 |
| Hermosa Lawn, LLC | 2020-05-13 | $150,000-350,000 |
| M5 Delivery, LLC | 2020-05-13 | $150,000-350,000 |
| Maggiore & Tersigni, LLC | 2020-05-13 | $150,000-350,000 |
| Metro Fitness, Inc. | 2020-05-13 | $150,000-350,000 |
| Park View School, Inc. | 2020-05-13 | $150,000-350,000 |
| R & G Vent Cleaning Services, Inc. | 2020-05-13 | $150,000-350,000 |
| The Christian Chain, Inc. | 2020-05-13 | $150,000-350,000 |
| Valley Child Care and Learning Centers | 2020-05-13 | $150,000-350,000 |
| W4 Industrial & Mechanical, LLC | 2020-05-13 | $150,000-350,000 |
| Charles Court Construction, Inc. | 2020-05-14 | $350,000-1 million |
| Southwest Institute of Healing ARTS, LLC | 2020-05-14 | $350,000-1 million |
| Arizona Biological Control, Inc. | 2020-05-14 | $150,000-350,000 |
| Black Family and Child Services | 2020-05-14 | $150,000-350,000 |
| Dan Keen Services, Inc. | 2020-05-14 | $150,000-350,000 |
| DJS Smoke Shop, Inc. | 2020-05-14 | $150,000-350,000 |
| RMR Fabrication, LLC | 2020-05-14 | $150,000-350,000 |
| Roadrunner Glass Company, Inc. | 2020-05-14 | $150,000-350,000 |
| S & K This Is the Place, Inc. | 2020-05-14 | $150,000-350,000 |
| Serial Grillers 3, LLC | 2020-05-14 | $150,000-350,000 |
| Serial Grillers, LLC | 2020-05-14 | $150,000-350,000 |
| Tender Hearts, LLC | 2020-05-14 | $150,000-350,000 |
| Coleman Real Estate Services, LLC | 2020-05-15 | $1-2 million |
| Anewco Products, LLC | 2020-05-15 | $350,000-1 million |
| Preferred Insulation Contractors, Inc. | 2020-05-15 | $350,000-1 million |
| Scott's Arizona Electric Motor Repair PM, LLC | 2020-05-15 | $350,000-1 million |
| Squabble, LLC | 2020-05-15 | $350,000-1 million |
| Brown Olcott, PLLC | 2020-05-15 | $150,000-350,000 |
| Country INN & Suites Mesa, LLC | 2020-05-15 | $150,000-350,000 |
| Deih, L.L.C. | 2020-05-15 | $150,000-350,000 |
| Economy Drywall | 2020-05-15 | $150,000-350,000 |
| Family Care Home Health & Hospice | 2020-05-15 | $150,000-350,000 |
| Highstreet Hula's Partnership, LLC | 2020-05-15 | $150,000-350,000 |
| Mill Hill Acquisition Corporation | 2020-05-15 | $150,000-350,000 |
| Palomino Construction, L.L.C. | 2020-05-15 | $150,000-350,000 |
| Slutes, Sakrison & Rogers, P.C. | 2020-05-15 | $150,000-350,000 |
| Valley Hospice of Arizona, Inc. | 2020-05-15 | $150,000-350,000 |
| Carolina's Mexican Food, Inc. | 2020-05-16 | $150,000-350,000 |
| Ironwood Capital Group, LLC | 2020-05-17 | $350,000-1 million |
| PT PHO Express 2, LLC | 2020-05-17 | $350,000-1 million |
| Beauty Beats Cancer | 2020-05-17 | $150,000-350,000 |
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