TAMPA, FL — If you were one of the hundreds of small business owners who could not qualify for a Paycheck Protection Program loan, here’s some of the competition who beat you out.
In Tampa Bay alone, dozens of companies were able to obtain millions of dollars in PPP loans by applying under different names or locations for McFarlin interior house painting the same limited liability company, partnership or corporation.
On Monday, for the first time, the Department of Treasury and Small Business Administration released a list of businesses and nonprofit groups who successfully applied for emergency loans ranging from $10 million to $150,ooo.
Since April 3, the federal government has granted more than $530 billion in coronavirus relief funding to 4.5 million applicants. The program was originally scheduled to end June 30 but the Senate voted to extend it to Aug. 8.
The PPP was established as part of the $2 trillion Coronavirus Aid, Relief and Economic Security (Cares) Act.
From the start of the PPP program, Tampa Bay small business owners who were forced to furlough workers and struggled to keep their doors open complained they were at a disadvantage.
Much of the funding went first to the customers the banks already knew and trusted ― including large corporations.
More than 7,500 Tampa Bay businesses and nonprofits received PPP loans, including companies headed by some millionaire CEOs.
According to the National Federation of Independent Businesses, 70 percent of small businesses in the United States applied for PPP loans but only two in three businesses (72 percent of those that applied) were successful.
The NFIB Research Center cited pre-screening and an existing relationship with an SBA-approved lender as major factors in the success of those businesses that received loans.
The majority of small business owners (84 percent) who successfully submitted their application already had a checking or savings account with the bank where they applied, said the NFIB.
Most banks that participated in the program and facilitated the PPP loans were only taking applications from current customers.
Just under half of the successful applicants had an active loan with the bank and another 24 percent had a business credit card associated with the bank.
Only 1 percent of successful applicants applied at a bank with which they had no previous association.
Of the 28 percent of small business owners who were not successful, most of them (68 percent) said they were waiting for their bank to start accepting PPP loans. Nine percent said they couldn’t find a participating bank. Five percent were told by their bank that it had hit its limit of accepting loans. And 5 percent found the process too complicated to proceed.
There were 205 Florida companies lucky enough to land the big money (loans ranging from $5 million to $10 million).
Among them was the Tampa branch of Morgan & Morgan law offices, which has more than 50 offices around the country. Also snapping up the big PPP loans in Florida were other attorney’s offices, developers, contractors and lobbying organizations.
Here are some Tampa businesses that received PPP funds:
PPP between $5 million and $10 million
- Bisk Education Inc.
- Avesta Homes
- Harmony Healthcare
- Morgan & Morgan, Tampa, P.A.
- McNichols Co.
- Accusoft Corp.
PPP between $2 million and 5 million
- Bern’s Steak House
- Bill Currie Ford
- Columbia Restaurant
- Coast Dental
- Captiva MVP Restaurant Partners
- Carrollwood Day School Education Inc.
- DACCO Behavioral Health Inc.
- Family Ford
- Ferman Motor Car Company
- Franklin Street Financial Partners
- Gulf Marine Repair Corp.
- Lowry Park Zoological Society of Tampa
- Pepin Distributing Company
- Metropolitan Ministries
- Merlin Law
- Mental Health Care
- Pittsburgh Grand Hotel
- Sanwa Growers
- Tampa Bay Performing Arts Center
- Tampa Bay Downs
- Tower Imaging
PPP between $1 million and $2 million
- Angels Care Health Systems
- Banko Overhead Doors
- Bay Area Pools
- Bay Area Youth
- Bay Area Legal Services
- BDG Architects
- Brandon Motors
- Bush Ross
- Cambridge Christian School
- Colwill Engineering Electrical
- Caspers Service Co.
- David Horvath, P.A.
- Corbett Preparatory School
- Elder Ford of Tampa
- Ferman of Countryside
- Grace Family Church of North Tampa
- Humane Society of Tampa Bay
- Jackson’s Bistro and Bar
- J.C. Newman Cigar Co.
- Jesuit High School
- Joffrey’s Coffee & Tea Co.
- Lions Eye Institute for Transplant and Research
- Mainsail Epicurean Hotel
- McKibbon Hotel Management
- Northside Behavioral Health Center
- PDQ Holdings
- Phil’s Cake Box
- Socius Marketing
- Stepp’s Towing Service
- Stern, Drake, Isbell & Associates, P.A.
- Tampa Bay Surgery Center Associates
- Tampa Catholic High School
- Tampa JCC Federation
- Tampa Preparatory School
- Tampa School Development Corp.
- The ARC Tampa Bay
- The Florida Aquarium
PPP between $350,000 and $1 million
- Abdoney Orthodontics
- A Kid’s Place of Tampa Bay
- Academy Prep Center of Tampa
- Atomic Tattoos
- Beaux Arts Installation Group
- Bi Rite Company
- Big Brothers/Big Sisters of America
- Bolin Law Group
- Bond Auto Sales
- Bridgeprep Academy of Tampa
- Carpe Diem Pizza
- Carsmetics
- Caspers Distribution
- Celebrity Carpets & Interiors
- Century Buick
- Champions for Children
- Chappell Roberts Inc.
- Charley’s Steakhouse Cypress Street
- Children’s Museum of Tampa
- Chili Pepper of Rocky Point
- Christ the King Catholic School
- Christopher Ligori, P.A.
- Ciccio & Tony’s Inc.
- CMJ Restaurant Inc.
- Coast Dental
- Columbia Cafe
- Columbia Food Service Co.
- Columbia Restaurant Inc.
- Colwill Engineering Mechanical
- Congregation Schaarai Zedek
- Coppertail Brewing Co.
- Counter Culture Hospitality
- Datz Delicatessen
- Davis Islands Baptist Church
- Dennis Hernandez & Associates, P.A.
- Dentalworks USA
- Design Styles Architecture
- Families First of Florida
- Feeding America Tampa Bay
- Ferman on Dale Mabry
- Fitlife Foods
- Fleischman and Garcia Architects and Planners
- Florida Family Primary Care Centers of Tampa
- Florida Pain Relief Group
- Florida West Coast Public Broadcasting
- Fortune Street Partners
- Fresco Foods
- Girl Scouts of West Central Florida
- Goody Goody of Hyde Park
- Grillsmith
- Gulf Tile and Cabinetry
- Habitat for Humanity
- Halo Purely for Pets
- Hamilton Engineering & Surveying
- Happy’s Home Centers
- Hardeman Landscape Nursery
- Hattricks
- Hess Spinal and Medical Centers
- Human Development Center
- Hyde Park United Methodist Church
- Innovative Brewing
- Island Design’s Embroidery Outlet
- Jim Browne Chevrolet
- Lightning Pizza
- Ligori & Ligori, P.A.
- Literacy Leadership Technology Academy
- Luxury Bath of Tampa Bay
- MacDonald Training Center
- Magnolia Dayschool
- Mainsail Fenway Hotel
- Meat Market Tampa
- Mechanik, Nuccio, Hearne & Wester, P.A.
- Medi-Weightloss Franchising
- Metro Development Group
- Metro Diner
- Mike’s Pies
- More Bakery
- Newslink of Tampa
- Newspaper Printing Co.
- North Tampa Automotive
- North Tampa Christian Academy
- North Tampa Nissan
- Northgate Lincoln-Mercury
- Old Memorial Club
- Outdoor America Images
- Oxford Exchange
- PDQ
- Purple Pizza Eaters
- R&B The Colony Restaurant
- Rivergate Restaurant Co.
- Ronald McDonald House Charities of Tampa Bay
- Salt & Citrus Catering Co.
- Sarrk Restaurants
- Seaborn Private School
- Sembler Investments
- Sherwood Hospitality Group
- Smith & Associates Real Estate
- SPCA Tampa Bay
- Speedline Team Sports
- St. Lawrence Catholic School
- St. John’s Episcopal Parish Day School
- St. Mary’s Episcopal Day School
- Stand Up Guys Junk Removal
- Steelbach
- Stepp’s Transportation Service
- Success 4 Kids and Families
- Sundial Ltd.
- Sunny Florida Dairy
- Tampa Airport Hotel
- Tampa Bay Convention & Visitors Bureau
- Tampa Bay History Center
- Tampa Bay Imaging
- Tampa Day School
- Tampa Lighthouse for the Blind
- Tampa Oaks Senior Living
- Tampa Taco
- The Crossing Church
- The Hall at the Yard
- The Spring of Tampa Bay
- The Window Depot
- Turning Point of Tampa
- Uncle John’s Pride
- United Soccer Leagues
- Universal Academy of Florida Inc.
- University Area Community Development Corp.
- Vitamin Dicount Center
- Westshore Hotel Owner
- Wright Gourmet House Corp.
- Yacht Starship Dining Cruises
PPP between $150,000 and $350,000
- 4 Rivers Smokehouse
- A & S Restaurant
- Abby’s Health Food
- ABC Autos
- Abe Brown Ministries
- Academy of Tampa
- Ackerman Jewelers
- Acropolis Restaurant of New Tampa
- Affordable Catering
- Air Animal
- All Creatures Medical Group
- Amphitheater Ybor
- Armature Works
- Bayshore Animal Clinic
- Bayshore Christian School
- BBF of Temple Terrace
- Bed Pros
- Bernini of Ybor
- Bible-Based Fellowship Church
- BMW Enterprises
- Brandon Crossroads Bowl
- Brandon Automotive Management
- Brew Bus Brewing
- Bridging Freedom
- Browbar
- Captain’s Fine Foods
- Carlton Academy Day School
- Carmine’s Seventh Avenue
- Carriage House Interiors
- Celsius Marketing
- Ceviche Tapas
- Channelside Management
- Christ the King Catholic Church
- Coast Dental
- Colwill Engineering Consulting Engineers
- Colwill Engineering Inc.
- Community Charter School of Excellence
- Community Foundation of Tampa Bay
- Cornerstone Family Ministries
- Daily Eats
- DUI Counterattack
- Primrose School of Westchase
- Eddie and Sam’s N.Y. Pizza
- Ella’s Kitchen
- Faith Outreach Centers
- Family First
- Family of Christ Lutheran Church
- First Baptist Church of Progress Village
- Ford’s Garage of Westchase
- Forest Hills Health Care
- Fresh Kitchen
- Global Fitness
- Golf Locker
- Greater Tampa Bay Area Council
- Green Iguana Entertainment
- Hillel School of Tampa
- Hillsborough Education Foundation
- Hillsdale Baptist Church
- Hooters of North Tampa
- Hooters of South Tampa
- Hope International Ministries
- Ice Sports Forum
- Icon Preparatory School
- Incarnation Catholic School
- Irish 31
- Islamic Society of Tampa Bay
- Junior Achievement of Tampa Bay
- The Hall on Franklin
- Keke’s Temple Terrace
- Kennedy Investments
- La Teresita restaurant
- Lake Magdalene United Methodist Church
- Lapequena Colombia Restaurant
- Meals on Wheels of Tampa
- Miguelito’s Taqueria Y Tequilas
- Mise En Place
- Morning Star Catholic School
- Mr. Dunderbak’s
- New Meeting House
- Noble Crust
- Oliva Tobacco Co.
- Olympia Bakery
- Palma Ceia United Methodist Church
- Pane Rustica
- Press Box Sports Emporium
- Prime Time Sports Grill
- Radiance Medspa of Tampa Bay
- Radiant Church
- Rick’s on the River
- Rooftop at the Heights
- Samis Pita Bakery
- Schifino Lee Inc.
- Shoot Straight Tampa
- Shooter’s World
- Smokehouse on Platt
- Soho Hospitality Management
- Soho Sushi
- South Tampa Swim School
- St. James United Methodist Church at Tampa Palms
- St. Lawrence Catholic Parish
- St. Paul Catholic Church
- St. Peter Claver Catholic School
Search the complete database of PPP loans
Here’s an interactive map that shows many of the businesses that received PPP loans valued above $150,000 in Tampa:
See related stories:
This article originally appeared on the Tampa Patch
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