These Danville Companies Got The Biggest PPP Loans

DANVILLE, CA — More than 100 Danville companies were among the 87,000 California businesses and non-profits that received loans from the federal Paycheck Protection Program, or PPP, to help pay their employees during the coronavirus pandemic, according to data released this week.

The loans, which varied in amount, were established as part of the federal government's CARES Act and are forgiven as long as businesses keep employees on their payroll, without cutting pay.

On Monday, the U.S. Small Business Administration released data showing that nearly 5 million businesses have received PPP loans of more than $150,000 — totaling more than $521 billion. The U.S. Treasury says the money has supported 51.1 million jobs.

In California, more than 4.1 million jobs have been retained thanks to loans of greater than $150,000, according to the SBA. They went to a variety of organizations, from small restaurants to large companies with hundreds of employees.

No Danville companies were approved for the highest $5 to $10 million loan bracket.

The Danville businesses and nonprofits approved for the second-highest loan bracket, receiving between $2 million and $5 million, included:

• Common Interest Management Holdings
• Compass Consulting Group
• Pacific Meritage
• The Athenian School

These 10 Danville businesses and nonprofits reported retaining the most workers, thanks to their PPP loan:

• Valence Staffing Group (301 jobs retained)
• Home Consignment Center (260 jobs retained)
• The Athenian School (259 jobs retained)
• Pacific Meritage (250 jobs retained)
• Common Interest Management Holdings (178 jobs retained)
• San Ramon Valley School Age Child Care Alliance (173 jobs retained)
• Choice Foodservices (160 jobs retained)
• McDonalds of Livermore (137 jobs retained)
• The Peasant & The Pear (136 jobs retained)
• Rocket Power (125 jobs retained)

Want to see how other Danville businesses fared? View this searchable database of all California companies that received PPP loans here.

Patch staffers Nick Garber, Lucas Combos and Shannon Antinori contributed to this report.