Here's Where Coronavirus PPP Relief Loans Went In New York

NEW YORK, NY — As the coronavirus threatened to wreck the economy and left millions unemployed, hundreds of New York companies took out at least $5 million in loans as part of the federal Paycheck Protection Program, created to help them continue paying workers amid the pandemic, data released Monday showed.

The U.S. Small Business Administration released details on individual loans doled out under the program, commonly known as PPP. The data looked at loans taken out that amounted to more than $150,000, as well as those that took out loans of less than $150,000.

Overall, loans of over $150,000 accounted for nearly 75 percent of the money approved, officials said. That data includes business names, addresses, industry and ZIP codes, business type, demographic data, nonprofit information, lender name, jobs supported and loan amount ranges. For all loans below $150,000, the federal government did not disclose individual business names or addresses.

Over 450 companies took out loans between $5 million and $10 million, records showed.

On Long Island, this includes Nassau Candy Distributors in Hicksville, Newsday in Melville, Kiss Nail Products and Safavieh in Port Washington and MercyFirst in Syosset.

Additionally, 1,979 businesses in New York took out loans between $2 million and $5 million and 4,021 took out loans of between $1 million and $2 million.

In the Hudson Valley, such businesses included Four Winds in Katonah, Richmond Children's Center in Mount Kisco, Commodore Construction and Structuretech New York in Mount Vernon and Halmar International in Nanuet.

Below is a data visualization and searchable database of the PPP loans in New York for amounts of at least $150,000. You must log in to your Patch account for it to be viewable. You can also see the visualization and searchable database here.