The Small Business Administration (SBA) yesterday released figures on companies receiving aid as part of the Federal Government’s Payroll Protection Program (PPP). Just over 1,000 organizations in Fall River received funding. 30 received funding of at least $1 million.
The PPP program was created to allow companies to receive forgivable loans from the Federal Government to pay the salaries of employees negatively impacted by COVID-19.
In Fall River over 1,000 loans were awarded to local companies and non-profit organizations. The names of companies receiving at least $150,000 in loans were released by the SBA. In Fall River 187 organizations received at least $150,000. Here is a list of the 30 organizations in Fall River who have received at least $1 million dollars from the program:
$5-10 million
GOLD MEDAL BAKERY, INC.
$2-5 million
CATHOLIC MEMORIAL HOME, INC.
FAMILY SERVICE ASSOCIATION OF GREATER FALL RIVER INC.
MIKEL INC
RAW SEA FOODS, INC.
RHODE ISLAND NOVELTY, INC.
ROMAN CATHOLIC BISHOP OF FALL RIVER CATHOLIC EDUCATION CENTER
SPECTRUM LIGHTING INC
STANLEY STREET TREATMENT & RESOURCES, INC.
TEUFELBERGER FIBER ROPE CORPORATION
$1-2 million
ALERT AMBULANCE
ALPHA DENTAL CENTER., P C
ASHWORTH BROS., INC.
BAKERY PRODUCTS CORP.
BEAR MT FALL RIVER LLC
CARL’S COLLISION CENTER INC
EMPIRE HYUNDA INC
FALL RIVER DEACONESS HOME, INC.
FALL RIVER FLORIST SUPPLY CORP.
HEALTHFIRST FAMILY CARE CENTER, INC.
J S INTERNATIONAL INC
MATOUK TEXTILE WORKS, INC.
MVC TECHNOLOGIES USA, INC.
PEOPLE INCORPORATED
REGIS STEEL CORP.
REVOLUTION KIMWELL LLC
ROBINSON PLUMBING AND HEATING SUPPLY CO., INC
SAINT VINCENTS SERVICES INC
SOUTHPOINTE REHAB CENTER LLC
WALTER A. FURMAN CO., LLC
You can view all the recipients who received at least $150,000 here.
Comments are closed.