How many businesses in Arizona received a PPP loan of $25,000 or under?

By Grand Canyon Times

Nov 2, 2022

There were 58,187 small businesses in Arizona which received Paycheck Protection Loans (PPP) of $25,000 or under. These 58,187 businesses received $738,071,732 in total since the COVID-19 pandemic began, according to the U.S. Small Business Administration

Loans of $25,000 were provided to 381 businesses.

The largest loan underneath the $25,000 threshold was $25,000, given to Sunrise Internal Medicine.

The average loan amount provided to Arizona small businesses was $71,309.

One of the biggest drivers causing inflation, which is currently decimating the U.S. economy, is loans. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.

Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.

Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.

A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.

Top 100 Arizona Businesses Which Received PPP Loans $25,000 or Lower

Borrower Name	Loan Amount	Difference From Average Loan Amount in AZ
Sunrise Internal Medicine	$25,000	-$46,309
Hissho International, LLC	$25,000	-$46,309
Encore Health	$25,000	-$46,309
Moving by Professionals, LLC	$25,000	-$46,309
Val Vista Dental Group, LLC	$25,000	-$46,309
True Shine Rim Repair, LLC	$25,000	-$46,309
Rydables Warehouses AZ, LLC	$25,000	-$46,309
Southwest Medical Systems, Inc.	$25,000	-$46,309
Jeffrey W Seaman, PLLC	$25,000	-$46,309
Sandra Properties, LLC	$25,000	-$46,309
Personal Financial Advisors, Inc.	$25,000	-$46,309
S&R M, LLC	$25,000	-$46,309
Totspot Preschool Too, LLC	$25,000	-$46,309
Heaven Sent Towing, LLC	$25,000	-$46,309
Team Force, LLC	$25,000	-$46,309
Staynakedfit	$25,000	-$46,309
The Talent Store, LLC	$25,000	-$46,309
Simonitsch, LLC	$25,000	-$46,309
Ross Love	$25,000	-$46,309
Commercial Aviation International, LLC	$25,000	-$46,309
Berry Law, PLLC	$25,000	-$46,309
Berry Law, PLLC	$25,000	-$46,309
Johnson Law Office, PLC	$25,000	-$46,309
Binding Pro's, Inc.	$25,000	-$46,309
Todo Bien, LLC	$25,000	-$46,309
Aaron Johnson, PLLC	$25,000	-$46,309
Spa Daze, LLC	$25,000	-$46,309
Scott Thomas Suciu, PLC., M.D.	$25,000	-$46,309
Elevate Peer Support, LLC	$25,000	-$46,309
SR Ozzys, LLC	$25,000	-$46,309
Timothy L Hudson, LLC	$25,000	-$46,309
Catalyst Design Group, LLC	$25,000	-$46,309
Russ Keith Productions, LLC	$25,000	-$46,309
Law Office of Natalia Polukhtin, PLLC	$25,000	-$46,309
Law Office of Tammy Carter	$25,000	-$46,309
Nyemba & Associates	$25,000	-$46,309
Six Twenty Six, LLC	$25,000	-$46,309
Belding Partners, LLC	$25,000	-$46,309
Ryan Smith, PLLC	$25,000	-$46,309
JC Stockwell, PLLC	$25,000	-$46,309
Finding Your Retreat	$25,000	-$46,309
Sonico, Inc.	$25,000	-$46,309
Leonine Group, LLC	$25,000	-$46,309
JS Adams, LLC	$25,000	-$46,309
Magfussion Enterprises, LLC	$25,000	-$46,309
Jonathan Evans LLC D.D.S.	$25,000	-$46,309
Hkl2006llc	$25,000	-$46,309
8th Street Liqour Sales	$25,000	-$46,309
Linco, Inc.	$25,000	-$46,309
Werth Realty, LLC	$25,000	-$46,309
Owner 2GC, LLC	$25,000	-$46,309
Nichols Group, LLC	$25,000	-$46,309
Industry Projects, LLC	$25,000	-$46,309
Red Hawk Development Corporation	$25,000	-$46,309
Wired Contracting, Inc.	$25,000	-$46,309
Schulte & Schulte, LLC	$25,000	-$46,309
Tyrone Mitchell, PC	$25,000	-$46,309
Infernal Performance and Fitness, LLC	$25,000	-$46,309
21 North Nevada, LLC	$25,000	-$46,309
Integrative Medical Associates, P.C.	$25,000	-$46,309
The Turner Law Firm, PLLC	$25,000	-$46,309
Lux Interiors and Real Estate, LLC	$25,000	-$46,309
Auditore & Associates, LLC	$25,000	-$46,309
Triplett Industries, Inc.	$25,000	-$46,309
Stouffer Marketing, LLC	$25,000	-$46,309
Robert W Precht Attorney at Law, PLLC	$25,000	-$46,309
AZ Internal Medicine, PLLC	$25,000	-$46,309
Ride N Style Limousines & Party Buses, LLC	$25,000	-$46,309
Belding Partners, LLC	$25,000	-$46,309
Pescaderia El Puerto DE Guaymas #2, LLC	$25,000	-$46,309
SKY Medical Corporation	$25,000	-$46,309
Action Excavating Service, Inc.	$25,000	-$46,309
Smith's Industrial Welding & Repair, LLC	$25,000	-$46,309
Steli Kostov, PLLC	$25,000	-$46,309
Drop the Ticket, Inc.	$25,000	-$46,309
P. A. M., Inc.	$25,000	-$46,309
Tradesource, Inc.	$25,000	-$46,309
Yvonne's by Denise, LLC	$25,000	-$46,309
Xelajv Restorations, LLC	$25,000	-$46,309
Custom Energy, Inc.	$25,000	-$46,309
William P Kuhn PH. D., LLC	$25,000	-$46,309
New Union Fleet Services, LLC	$25,000	-$46,309
M & P Fischenich, PLLC	$25,000	-$46,309
Starlight Pediatrics Urgent Care, PLLC	$25,000	-$46,309
Cloud Atlas, Inc.	$25,000	-$46,309
Tristar Investment Company, LLC	$25,000	-$46,309
Journey Natural Medicine, LLC	$25,000	-$46,309
Andromeda Family Agency, LLC	$25,000	-$46,309
D&B Express Transport, LLC	$25,000	-$46,309
Xpress Tailoring, LLC	$25,000	-$46,309
Tami C Friske, PC, OD	$25,000	-$46,309
Esenem Yoga Flagstaff, LLC	$25,000	-$46,309
Ira Internal Medicine	$25,000	-$46,309
Precision Technical Services	$25,000	-$46,309
El Sonorense Food Truck, LLC	$25,000	-$46,309
James Jacobs	$25,000	-$46,309
James Jacobs	$25,000	-$46,309
Johnny Sayegh	$25,000	-$46,309
ARTS from the Holy Land, LLC	$25,000	-$46,309
Just Insurance Services, Inc.	$25,000	-$46,309