Business & Tech
These Dublin Companies Got The Biggest PPP Loans
More than 87,000 California companies received loans, according to new data released this week. See how Dublin businesses fared.
DUBLIN, CA — More than 100 Dublin 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.
Find out what's happening in Dublinfor free with the latest updates from Patch.
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.
The Dublin businesses and nonprofits approved for the second-highest loan bracket, receiving between $2 million and $5 million, included:
Find out what's happening in Dublinfor free with the latest updates from Patch.
- Aeye
- California Automotive Retailing Group
- Del Monte Electric Co.
- East Bay Infiniti
- Hamcor
- Health Services & Benefit Administrators
These 10 Dublin businesses and nonprofits reported plans to retain the most workers, thanks to their PPP loan:
- High Rollers (422 jobs retained)
- American Swim Academy (323 jobs retained)
- Hamcor (179 jobs retained)
- Valley Christian Center of Dublin (122 jobs retained)
- A A Label (120 jobs retained)
- AMP Printing (118 jobs retained)
- Health Services & Benefit Administrators (112 jobs retained)
- Hope Hospice (107 jobs retained)
- Vagaro (101 jobs retained)
- Harvey & Madding (94 jobs retained)
Want to see how other Dublin 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.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.