There were 52 PPP loans issued in Nevada 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 |
|---|---|---|
| Capability Health and Human Services | 2020-05-11 | $1-2 million |
| Passive Income Advisors | 2020-05-11 | $1-2 million |
| Eagle Quest | 2020-05-11 | $350,000-1 million |
| Galvez's LDP, Inc. | 2020-05-11 | $350,000-1 million |
| Hill & Hill Construction, LLC | 2020-05-11 | $350,000-1 million |
| Professional Healthcare Staffing, Inc. | 2020-05-11 | $350,000-1 million |
| Foster Machining, Inc. | 2020-05-11 | $150,000-350,000 |
| Home Health Agency | 2020-05-11 | $150,000-350,000 |
| Milne and Mckenzie Associates, Ltd. | 2020-05-11 | $150,000-350,000 |
| Professional Massage, Inc. | 2020-05-11 | $150,000-350,000 |
| Rick's Flooring Covering, Inc. | 2020-05-11 | $150,000-350,000 |
| Andy Russo JR, Inc. | 2020-05-12 | $350,000-1 million |
| Becker Gaming and Subsidiaries, Inc. | 2020-05-12 | $350,000-1 million |
| Piteau Associates USA, Ltd. | 2020-05-12 | $350,000-1 million |
| HW Engineering | 2020-05-12 | $150,000-350,000 |
| Majestic Construction Clean-Up, Inc. | 2020-05-12 | $150,000-350,000 |
| Nevada Chiller and Boiler | 2020-05-12 | $150,000-350,000 |
| Ute, Inc. | 2020-05-13 | $350,000-1 million |
| Western Big R, Inc. | 2020-05-13 | $350,000-1 million |
| Channel Software Development, LLC | 2020-05-13 | $150,000-350,000 |
| Collin Dsouza | 2020-05-13 | $150,000-350,000 |
| Deeside Trading, LLC | 2020-05-13 | $150,000-350,000 |
| Growth Stack, Inc. | 2020-05-13 | $150,000-350,000 |
| Metric Gaming Technologies, LLC | 2020-05-13 | $150,000-350,000 |
| Preferred Mortgage Services, Inc. | 2020-05-13 | $150,000-350,000 |
| Thomas Kim Ltd., M.D. | 2020-05-13 | $150,000-350,000 |
| Western Big R of Winnemucca, Inc. | 2020-05-13 | $150,000-350,000 |
| WP&F Specialty Group, LLC | 2020-05-13 | $150,000-350,000 |
| Las Vegas Post Acute & Rehabilitation, LLC | 2020-05-14 | $1-2 million |
| Torrey Pines Rehabilitation Hospital, LLC | 2020-05-14 | $1-2 million |
| Archer West Security & Consulting Group | 2020-05-14 | $150,000-350,000 |
| Executive Services LV | 2020-05-14 | $150,000-350,000 |
| FT. Mcdermitt Paiute Shoshone Tribe Wellness Center | 2020-05-14 | $150,000-350,000 |
| Las Vegas Planet Mexico Corporation | 2020-05-14 | $150,000-350,000 |
| Redhead Supports-NV, LLC | 2020-05-14 | $150,000-350,000 |
| Rytiff Company | 2020-05-14 | $150,000-350,000 |
| Simplicity Home Care of Nevada, LLC | 2020-05-14 | $150,000-350,000 |
| Strong Manager Services, Inc. | 2020-05-14 | $150,000-350,000 |
| Vertue, Inc. | 2020-05-14 | $150,000-350,000 |
| Myson Rules, LLC | 2020-05-15 | $350,000-1 million |
| Nite OWL, LLC | 2020-05-15 | $350,000-1 million |
| Dedicated Caring Medical Transportation, LLC | 2020-05-15 | $150,000-350,000 |
| Inventright, LLC | 2020-05-15 | $150,000-350,000 |
| National Legal Advisor in Care | 2020-05-15 | $150,000-350,000 |
| Pinnacle Community Association Management | 2020-05-15 | $150,000-350,000 |
| Qualified, Inc. | 2020-05-15 | $150,000-350,000 |
| Reyes General Construction, LLC | 2020-05-15 | $150,000-350,000 |
| Rookies, Inc. | 2020-05-15 | $150,000-350,000 |
| The Marks Law Group, LLP | 2020-05-15 | $150,000-350,000 |
| Encompass Academy | 2020-05-16 | $150,000-350,000 |
| Family Personal Care, LLC | 2020-05-16 | $150,000-350,000 |
| Ignite Teen Treatment, LLC | 2020-05-16 | $150,000-350,000 |
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