There were 51 PPP loans issued in Arizona during the week ending June 21. 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 |
|---|---|---|
| Circle E Oil and Chemicals, LLC | 2020-06-15 | $350,000-1 million |
| Gruber Technical, Inc. | 2020-06-15 | $350,000-1 million |
| T. B. V. Enterprises Incorporated | 2020-06-15 | $350,000-1 million |
| Arizona Natural Pain Solutions | 2020-06-15 | $150,000-350,000 |
| Coleman Family Freight Logistics, LLC | 2020-06-16 | $2-5 million |
| El Centro Group, LLC | 2020-06-16 | $1-2 million |
| GRE WP Hotel Owner, LLC | 2020-06-16 | $1-2 million |
| Loud Volume Lab, LLC | 2020-06-16 | $350,000-1 million |
| Source Group, LLC | 2020-06-16 | $350,000-1 million |
| Durafoam Roofing, LLC | 2020-06-16 | $150,000-350,000 |
| Atrium Finance II LP | 2020-06-17 | $2-5 million |
| New Beginnings Childcare Services, LLC | 2020-06-17 | $350,000-1 million |
| Titan Electrical Services, Inc. | 2020-06-17 | $350,000-1 million |
| Devil Dog Demolition, LLC | 2020-06-17 | $150,000-350,000 |
| Doug Willemin Heating & Air Conditionin | 2020-06-17 | $150,000-350,000 |
| Huevos Cafe, LLC | 2020-06-17 | $150,000-350,000 |
| Kirk Development Company Incorporated | 2020-06-17 | $150,000-350,000 |
| Polzin Holdings, LLC | 2020-06-17 | $150,000-350,000 |
| Teffia, Inc. | 2020-06-17 | $150,000-350,000 |
| U S Collections West, Inc. | 2020-06-17 | $150,000-350,000 |
| Ahwatukee Golf Properties, LLC | 2020-06-18 | $350,000-1 million |
| E3 Displays, LLC | 2020-06-18 | $350,000-1 million |
| Group Manufacturing Services, Inc. | 2020-06-18 | $350,000-1 million |
| Gruber Industries, Inc. | 2020-06-18 | $350,000-1 million |
| 21ST Sentry Security Guard, Inc. | 2020-06-18 | $150,000-350,000 |
| Azcomp Technologies, Inc. | 2020-06-18 | $150,000-350,000 |
| Barleens Arizona Opry Dinner Show, Inc. | 2020-06-18 | $150,000-350,000 |
| Francos Farm Labor Services, LLC | 2020-06-18 | $150,000-350,000 |
| Mama's Boys Remodeling, LLC | 2020-06-18 | $150,000-350,000 |
| National Speakers Association | 2020-06-18 | $150,000-350,000 |
| New Hope Behavioral Health Center, Inc. | 2020-06-18 | $150,000-350,000 |
| Pima Lung & Sleep, P.C. | 2020-06-18 | $150,000-350,000 |
| R Blume Underground | 2020-06-18 | $150,000-350,000 |
| Upset Concrete, Inc. | 2020-06-18 | $150,000-350,000 |
| Stchealth, LLC | 2020-06-19 | $2-5 million |
| Tradex Consulting Group, LLC | 2020-06-19 | $1-2 million |
| Dynamic Entertainment Group, LLC | 2020-06-19 | $350,000-1 million |
| Espiritu Community Development Corporation | 2020-06-19 | $350,000-1 million |
| Seton Roman Catholic High School Chandler | 2020-06-19 | $350,000-1 million |
| Burke Brothers Productions, LLC | 2020-06-19 | $150,000-350,000 |
| Desert SKY Surfaces, LLC | 2020-06-19 | $150,000-350,000 |
| Golden Cross Healthcare Services, LLC | 2020-06-19 | $150,000-350,000 |
| Great Expectations Academy | 2020-06-19 | $150,000-350,000 |
| Greenfield Dynamics, LLC | 2020-06-19 | $150,000-350,000 |
| Information Solutions | 2020-06-19 | $150,000-350,000 |
| Mesa AZ Endoscopy ASC, LLC | 2020-06-19 | $150,000-350,000 |
| Daily Burnouts, LLC | 2020-06-20 | $1-2 million |
| Money Choppaz & Musik, LLC | 2020-06-20 | $1-2 million |
| Mountain Side Storage, LLC | 2020-06-20 | $350,000-1 million |
| Jamila, LLC | 2020-06-20 | $150,000-350,000 |
| Road Runna Enterprises, LLC | 2020-06-20 | $150,000-350,000 |
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