San Diego Got $6 Billion in PPP Loans. Whered It All Go? – NBC San Diego

Earlier this year, in response to catastrophic job losses caused by the onset of the coronavirus pandemic and the resulting dire need for economic help, the federal government issued more than $500 billion in forgivable PPP loans, a program that was approved by Congress as part of the $2 trillion CARES Act.

The federal government released detailed information this week regarding the program after it was sued by 11 news organizations, NBC News among them. The New York Times called the data “the first full accounting of how federal money was spent through the program.”

The Paycheck Protection Program came under fire in the spring when it was discovered that some large corporations had received loans, businesses like the Shake Shack and Nathan’s Famous restaurant chains (both of which returned their loans), as well as religious organizations, which, in their defense, employed thousands of teachers.

While the PPP money is technically a loan, “Paycheck Protection Program (PPP) borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mortgage interest payments, rent or utilities during either the 8- or 24-week period after disbursement,” according to the Small Business Administration.

The data released this week includes specific details on who, exactly, got the money, how much they got, and how many employees were expected to benefit from the loans. It also included locations, making it easy to break down locally.

According to the Small Business Administration, 55,823 San Diego County businesses, schools, nonprofits and religious organizations received $6.1 billion in PPP loans. The vast majority of that amount, $4.4 billion, went to 7,746 local businesses, which all got loans in excess of $125,000.

Here is a complete list of businesses, organizations and groups located in the San Diego area that got a PPP loan from the Small Business Administration of $150,000 or more, up to $10 million. This does not include EIDL money or PPP loans under $150,000:

According to the U.S. Census Bureau, there were 86,070 employers in the county in 2018, the latest year for which figures were available.

Those 55,823 companies employed 534,417 people, according to the SBA data. Since San Diego had about 1.3 million workers in 2018, nearly 2 in 5 were affected by the distribution of the PPP loans in San Diego.

Seven local companies received loans of $10 million, the biggest on offer through the PPP program. Three of those went to restaurant operations: Islands Restaurants, the Cerca Trove Restaurant Group and Rubio’s Restaurants, which, notably, filed for bankruptcy in October.

The San Diego County $10 million club is rounded out by the Kleinfelder Group, an engineering consulting and design group; Epsilon Systems, a defense contractor; Hospitality Team Members, an employment services company; and the Wis International corporation, an inventory service for retail establishments.

All of the firms at the top listed themselves as employers of 500 people, with the exception of Hospitality Team Members, which registered as an employer of 442 workers.

Bringing up the rear in San Diego was Bounds Insured, of Fallbrook, which received a loan of just $59.

In between the biggest and smallest loans are a who’s who of San Diego, everything from the Del Mar Thoroughbred Club to the Rock Church to the Old Globe theater to George’s at the Cove. Here is a list of entities that have brand recognition in San Diego, all of which received loans of $1 million or more:

$6,830,900 THE BRIGANTINE RESTAURANT GROUP 500
$6,638,674 BARTELL HOTELS 500
$6,419,800 TAYLOR-LISTUG, INC. [Taylor Guitars] 454
$5,533,880 PROCOPIO, CORY, HARGREAVES & SAVITCH LLP 258
$5,427,900 URBAN PLATES, LLC 204
$4,862,000 [TONY] ROBBINS RESEARCH INTERNATIONAL INC. 267
$4,713,700 22ND DISTRICT AGRICULTURAL ASSOCIATION [COUNTY FAIR]  213
$4,667,100 FRANCIS PARKER SCHOOL 287
$4,390,700 HOEHN MOTORS INC. 284
$4,387,000 SAN DIEGO CONVENTION CENTER CORPORATION, INC. 484
$4,351,900 LA JOLLA COUNTRY DAY SCHOOL 223
$4,200,165 LA JOLLA BEACH AND TENNIS CLUB PARTNERS, L.P.  –   
$3,783,215 CASINO PAUMA 360
$3,742,600 ST PAUL’S EPISCOPAL HOME, INC. 399
$3,687,858 BURGER LOUNGE OF AMERICA, LLC 478
$3,580,700 CATHOLIC SECONDARY EDUCATION 216
$3,261,100 WALTER ANDERSON PLUMBING 185
$3,211,587 THE SAN DIEGO SYMPHONY ORCHESTRA ASSOCIATION  –   
$3,025,000 SAN DIEGO ROCK CHURCH 330
$2,866,450 OLD GLOBE THEATRE 148
$2,842,700 US GRANT HOTEL SAN DIEGO, LLC 280
$2,814,017 DEL MAR THOROUGHBRED CLUB 322
$2,802,200 SANTA FE CHRISTIAN SCHOOLS 230
$2,719,565 ST. VINCENT DE PAUL VILLAGE, INC. 288
$2,584,945 CALIFORNIA WESTERN SCHOOL OF LAW 234
$2,560,800 SAN DIEGO BLOOD BANK 305
$2,555,000 OCEANS ELVEN CASINO 343
$2,255,500 GOMPERS PREPARATORY ACADEMY 160
$2,230,000 STEELE CANYON GOLF CLUB 375
$2,217,000 THE UPPER DECK COMPANY 163
$2,215,200 MODERN TIMES DRINKS, INC.  –   
$2,084,203 BELMONT PARK ENTERTAINMENT LLC 428
$2,082,042 CAL STATE UNIV SAN MARCOS CORPORATION 319
$1,976,115 THE SUPER DENTISTS, INC. 220
$1,906,100 INJURED MARINE SEMPER FI FUND 164
$1,875,000 KING/CHAVEZ ACADEMY OF EXCELLENCE 200
$1,863,075 PECHANGA RESORTS INCOPORATED 262
$1,836,700 ALL PRO BAIL BONDS INC 124
$1,830,695 USS MIDWAY MUSEUM 190
$1,779,100 BILL HOWE PLUMBING, INC. 130
$1,774,600 GOLDEN ACORN CASINO AND TRAVEL CENTER 207
$1,769,200 MATER DEI CATHOLIC HIGH SCHOOL 112
$1,751,300 MOSSY AUTOMOTIVE GROUP, INC.  –   
$1,707,800 BROADWAY TYPEWRITER CO. INC 182
$1,625,000 SAMMY’S WOODFIRED PIZZA  –   
$1,578,000 VIETNAM VETERANS OF SAN DIEGO 185
$1,543,652 KAHOOTS  –   
$1,524,900 GEORGE’S AT THE COVE, INC  –   
$1,524,600 LAWRENCE FAMILY JEWISH COMMUNITY CENTERS 135
$1,519,400 CATHOLIC CHARITIES DIOCESE OF SAN DIEGO 144
$1,518,700 RANCHO COMMUNITY REFORMED CHURCH 267
$1,476,202 URBAN CORPS OF SAN DIEGO COUNTY 280
$1,460,000 HORIZON CHRISTIAN FELLOWSHIP RANCHO SANTA FE 130
$1,458,000 LINFIELD CHRISTIAN SCHOOL 140
$1,431,800 HAY HOUSE, INC. 25
$1,361,400 THE LEARNING CHOICE ACADEMY 106
$1,359,200 BETTER BUZZ COFFEE COMPANY 253
$1,279,356 SAN DIEGO COMIC CONVENTION 82
$1,276,900 CHRISTIAN UNIFIED SCHOOLS OF SAN DIEGO 168
$1,250,000 GIRL SCOUTS SAN DIEGO-IMPERIAL COUNCIL I
$1,241,000 HELEN WOODWARD ANIMAL CENTER 169
$1,224,400 ST. AUGUSTINE’S SCHOOL OF SAN DIEGO 69
$1,221,800 SAN DIEGO SOCIETY OF NATURAL HISTORY 202
$1,185,200 ACADEMY OF OUR LADY OF PEACE 86
$1,158,000 SINGING HILLS GOLF RESORT 190
$1,120,000 POWER BAIL BONDS 62
$1,096,850 RANDALL LAMB ASSOCIATES, INC. 55
$1,062,100 J PUBLIC RELATIONS, INC. 49
$1,061,112 TACOS EL GORDO DE TIJUANA BC INC 112
$1,051,800 CALIFORNIA PROTON THERAPY CENTER, LLC 52
$1,038,300 LOCAL MEDIA SAN DIEGO [Z90.3, 91X MAGIC 92.5, 100.7 BIG FM] 76
$1,034,365 EASTLAKE COMMUNITY CHURCH OF CHULA VISTA 122
$1,022,193 SAN DIEGO COASTER COMPANY LP [BELMONT PARK AMUSEMENT RIDES]] 228