Know
Here are the local companies that got the largest Paycheck Protection Program loans
NOTE: This story has been updated since publication to reflect new information provided by McLain Foods in St. Petersburg and Harmony Healthcare in Tampa.
A St. Petersburg-based meal solution service was able to help people facing food insecurity due to the COVID-19 pandemic, after receiving a Paycheck Protection Program loan.
GA Food Services of Pinellas County was one of three St. Petersburg firms that got PPP loans ranging from $5 million to $10 million, according to a report released today by the U.S. Department of Treasury and the Small Business Administration.
Other St. Petersburg companies that got loans in the $5 million to $10 million range — the highest level of loans disclosed — were Crown Auto Dealerships Inc. and Times Holding Co.
The PPP loans were part of the $2 trillion CARES Act, designed to provide economic assistance amid the pandemic.
The Treasury and SBA released the names of businesses nationwide that received loans topping $150,000. About 87 percent of the PPP loans were for less than $150,000, according to CNBC.
More than 4,500 companies in Pinellas and Hillsborough counties got loans of $150,000 or more, including 2,425 companies in Tampa, 650 companies in Clearwater and 590 companies in St. Petersburg.
For GA Food Services, the PPP loan helped maintain staffing, said Ritch Brandon, chief customer officer.
“We were able to grow our staff to work on several projects, including a USDA farmers to families box program for people who were facing food insecurity with the COVID-19 virus,” Brandon said.
Times Holding, the parent company of the Tampa Bay Times, previously disclosed its $8.5 million PPP loan, saying the funding allowed it to recall a few employees from furlough and restore a temporary 10 percent pay cut. The Treasury/SBA list said Times Holding expected to retain 500 jobs as a result of the PPP loan.
An emailed request for comment to Crown Auto, which expected to retain 445 jobs, was pending return.
Here are the other Pinellas and Hillsborough county companies with PPP loans topping $5 million and the number of jobs expected to be retained in cases where that number was disclosed, as listed by the Treasury and SBA:
APG Electric Inc., Clearwater 300
Loop Inc., Clearwater, 300 jobs
Precisions Personnel Inc., Clearwater, 0 jobs listed
Central Maintenance and Welding Inc., Lithia, 337 jobs
Pinnacle Home Care Holdings LLC, Oldsmar, 125 jobs
Geographic Solutions Inc., Palm Harbor, 340 jobs
TAW Holdings Group Inc., Riverview, 500 jobs
LDRV Holdings (Lazydays), Seffner, 475 jobs
AgileThought LLC, Tampa, 326 jobs
Ardurra Group, Tampa, 438 jobs
Avesta Homes LLC, Tampa, 277 jobs
Bisk Education, Tampa 439 jobs
Butler Weihmuller Katz Craig LLP, Tampa, 296 jobs
Gardner-Gibson Inc., Tampa, 443 jobs
Healthesystems LLC, Tampa, 250 jobs
Hillcour Inc., Tampa, 100 jobs
HSP Southern Healthcare LLC, Tampa, 0 jobs listed
JTS Enterprises of Tampa LTD, Tampa, 500 jobs
Keenan Hopkins Schmidt Stowell Contractors Inc., Tampa, 307 jobs
McNicholas Co., Tampa, 250 jobs
Morgan & Morgan, Tampa, 469 jobs
Phase Three Star LLC/DBA Hardee’s, Tampa, 500 jobs
Physician Partners of America LLC, Tampa, 403 jobs
System Soft Technologies LLC, Tampa, 384 jobs
Tampa Bay Systems Sales Inc., Tampa, 310 jobs
Bentley Global Resources LLC, Tarpon Springs, 275 jobs
Orthopaedic Solutions Management LLC, Temple Terrace, 500 jobs
The Treasury/SBA list included McLain Foods Inc. of St. Petersburg as among the companies receiving one of the largest loans, but that information was incorrect, according to McLain. The company said it received a loan but for a much smaller amount.
The July 6 list from the federal agencies also included Harmony Heathcare in Tampa as receiving a large loan. In a news release, Harmony said it was wrongfully included on the list of organizations with active PPP loans. “The organization has not received any such funds,” Harmony said.
Mike Manning
July 6, 2020at3:56 pm
Happy these jobs will be retained, but Morgan & Morgan?
Dennis Doodan
July 6, 2020at3:59 pm
Yeah, I agree