There were 33 PPP loans issued in Nevada during the week ending May 31. 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 |
|---|---|---|
| Gaughan South Holding Company, LLC | 2020-05-26 | $2-5 million |
| Ike Gaming, Inc. | 2020-05-26 | $2-5 million |
| Jantec, Inc. | 2020-05-26 | $1-2 million |
| Armand Manufacturing, Inc. | 2020-05-26 | $150,000-350,000 |
| JKKP Properties | 2020-05-26 | $150,000-350,000 |
| Kid Dental | 2020-05-26 | $150,000-350,000 |
| Nevada Tap Master, Inc. | 2020-05-26 | $150,000-350,000 |
| New Beginnings Counseling Centers | 2020-05-26 | $150,000-350,000 |
| Olympus and Associates, Inc. | 2020-05-26 | $150,000-350,000 |
| Prime Community Management, LLC | 2020-05-26 | $150,000-350,000 |
| RC Bikini, LLC | 2020-05-26 | $150,000-350,000 |
| Taba Personal Care | 2020-05-26 | $150,000-350,000 |
| Brady Linen Services, LLC | 2020-05-27 | $2-5 million |
| Vegas.com, LLC | 2020-05-27 | $1-2 million |
| Divine Feminine Masterpiece, LLC | 2020-05-27 | $350,000-1 million |
| Steven Delisle PC, D.D.S. | 2020-05-27 | $350,000-1 million |
| Bamboo Sunrise, LLC | 2020-05-27 | $150,000-350,000 |
| F & M Trading, Inc. | 2020-05-27 | $150,000-350,000 |
| Install It, LLC | 2020-05-27 | $150,000-350,000 |
| Jazmine Restaurant | 2020-05-27 | $150,000-350,000 |
| National Investment Group Corporation | 2020-05-27 | $150,000-350,000 |
| Zak Enterprise, LLC | 2020-05-27 | $150,000-350,000 |
| Action Verb, LLC | 2020-05-28 | $350,000-1 million |
| Apex Health Care Professionals, Inc. | 2020-05-28 | $150,000-350,000 |
| Boulevard, Inc. | 2020-05-28 | $150,000-350,000 |
| Nabee, Inc. | 2020-05-28 | $150,000-350,000 |
| Ateam LV, LLC | 2020-05-29 | $1-2 million |
| KPS/3 | 2020-05-29 | $350,000-1 million |
| Goldenwest Management, Inc. | 2020-05-29 | $150,000-350,000 |
| Helical Wire, Inc. | 2020-05-29 | $150,000-350,000 |
| Imagination Station Early Learning Center Sunset | 2020-05-29 | $150,000-350,000 |
| Importal Vegas, Inc. | 2020-05-29 | $150,000-350,000 |
| Trim Force, LLC | 2020-05-31 | $350,000-1 million |
Alerts Sign-up