These Petaluma Companies Got The Biggest PPP Loans

Petaluma CA

08 July, 2020

11:12 PM

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PETALUMA, CA — More than 200 Petaluma companies were among the 87,000 California businesses and nonprofits 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. 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 11 Petaluma businesses and nonprofits receiving between $2 million and $10 million included: PETALUMA HEALTH CENTER, INC., between $5 million and $10 million STAR H-R, between $5 million and $10 millionYGRENE ENERGY FUND INC, between $5 million and $10 millionHYDROFARM, LLC, between $2 million and $5 millionLABCON NORTH AMERICA, between $2 million and $5 millionOIL STOP LLC, between $2 million and $5 million POINT REYES BIRD OBSERVATORY, between $2 million and $5 millionPURPLE WINE COMPANY, LLC, between $2 million and $5 million RUSTIC BAKERY, INC., between $2 million and $5 millionSPURGEON PAINTING, INC., between $2 million and $5 millionUNITED CEREBRAL PALSY OF THE NORTH BAY, INC., between $2 million and $5 million These 10 Petaluma businesses and nonprofits reported retaining the most workers, thanks to their PPP loan: UNITED CEREBRAL PALSY OF THE NORTH BAY, INC. (retained 464 jobs)PETALUMA HEALTH CENTER, INC. (retained 405 jobs)STAR H-R (retained 400 jobs)RUSTIC BAKERY, INC (retained 313 jobs)YGRENE ENERGY FUND INC (retained 229 jobs)HYDROFARM, LLC (retained 226 jobs)OIL STOP LLC (retained 218 jobs)POINT REYES BIRD OBSERVATORY (retained 163 jobs)CONCORD VERANDA CINEMA, LLC (retained 142 jobs)PURE LUXURY LIMOUSINE SERVICE (retained 141 jobs)Want to see how other Petaluma 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.