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 |