Loan data for Nevada revealed as inflation rocks the country

By Silver State Times

Nov 2, 2022

There were 30,601 small businesses in Nevada which received Paycheck Protection Loans (PPP) of $25,000 or under. These 30,601 businesses received $402,354,912 in total since the COVID-19 pandemic began, according to the U.S. Small Business Administration

Loans of $25,000 were provided to 201 businesses.

The largest loan underneath the $25,000 threshold was $25,000, given to Rapid Glass, Inc..

The average loan amount provided to Nevada small businesses was $55,309.

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 Nevada Businesses Which Received PPP Loans $25,000 or Lower

Borrower Name	Loan Amount	Difference From Average Loan Amount in NV
Rapid Glass, Inc.	$25,000	-$30,309
International Sales Group, Inc.	$25,000	-$30,309
Revilo, Inc.	$25,000	-$30,309
Ron Norman Ortho, LLC	$25,000	-$30,309
Cubicall, LLC	$25,000	-$30,309
Rano Financial, Inc.	$25,000	-$30,309
Arlington Consultants Group	$25,000	-$30,309
Baby Sophia, LLC	$25,000	-$30,309
Jason T. Morris, D.D.S.	$25,000	-$30,309
Southern Hills Pediatrics, LLC	$25,000	-$30,309
Adverse Investigators	$25,000	-$30,309
Adverse Investigators	$25,000	-$30,309
Schreier Specialties, LLC	$25,000	-$30,309
Sahara West Urgent Care and Wellness	$25,000	-$30,309
Commerce Auto Body and Sales, Inc.	$25,000	-$30,309
Commerce Auto Body and Sales, Inc.	$25,000	-$30,309
William J. O'Grady, PLLC	$25,000	-$30,309
Steven T Giorgione CPA, Ltd.	$25,000	-$30,309
Liquid Blue Events, LLC	$25,000	-$30,309
House Seats, LLC	$25,000	-$30,309
Danny Uyen, LLC	$25,000	-$30,309
Expert Data Forensics, LLC	$25,000	-$30,309
Biofloral, LLC	$25,000	-$30,309
The Stocker Team, LLC	$25,000	-$30,309
Superpacking TKT, Inc.	$25,000	-$30,309
Sandstone Home Loans, LLC	$25,000	-$30,309
B&C Agency	$25,000	-$30,309
Danny Uyen, LLC	$25,000	-$30,309
DPG Enterprises, Inc.	$25,000	-$30,309
DPG Enterprises, Inc.	$25,000	-$30,309
Crystal Clean Services, LLC	$25,000	-$30,309
Richard H Emanuele, LLC	$25,000	-$30,309
Ceta Surgical	$25,000	-$30,309
P3 International, LLC	$25,000	-$30,309
Vukich Management Partners, LLC	$25,000	-$30,309
K B, Inc.	$25,000	-$30,309
Tahoe Tails and Trails Rescue Sanctuary, Inc.	$25,000	-$30,309
Regis Drapery & Window Covering, LLC	$25,000	-$30,309
Romy Park O D Professional Corporatio	$25,000	-$30,309
Vegas All Nite, LLC	$25,000	-$30,309
Ambition Over All, LLC	$25,000	-$30,309
Law Office of Steven H. Burke, LLC	$25,000	-$30,309
Cavate, LLC	$25,000	-$30,309
Beary Nice, LLC	$25,000	-$30,309
Miz Lola's Spirits & Gaming 4, LLC	$25,000	-$30,309
Hamika Alnajjar, Inc.	$25,000	-$30,309
A&ahomesidegroup, LLC	$25,000	-$30,309
New Gig Workforce Solutions, LLC	$25,000	-$30,309
Siris Investments, LLC	$25,000	-$30,309
Ticket Dynamite, Inc.	$25,000	-$30,309
Cubic Frog, Inc.	$25,000	-$30,309
Cash2go, Inc.	$25,000	-$30,309
Eynar Trucking	$25,000	-$30,309
Kash Klosets	$25,000	-$30,309
Pierre Jovan Studios	$25,000	-$30,309
Michael a Fortunato PLLC M.D.	$25,000	-$30,309
Nevada Neurofeedback and Hypnosis, LLC	$25,000	-$30,309
The Tour Store, LLC	$25,000	-$30,309
Allison Jung, LLC	$25,000	-$30,309
Economic Empowerment Group	$25,000	-$30,309
Southern Hills Pediatrics, LLC	$25,000	-$30,309
Petes Auto Upholstery	$25,000	-$30,309
Crystal Clean Services, LLC	$25,000	-$30,309
Shin Medical Group, LLC	$25,000	-$30,309
Audie Rich	$25,000	-$30,309
Manalapan Driving School-Sba Small 7a Term	$25,000	-$30,309
Adapt Real Estate, Inc.	$25,000	-$30,309
AK Global Investments, LLC	$25,000	-$30,309
William J. O'Grady, PLLC	$25,000	-$30,309
Falcon Cliff, LLC	$25,000	-$30,309
Asbury Park Apartments of Gainsville, LLC	$25,000	-$30,309
Ionel Nanu, LLC	$25,000	-$30,309
T & M Management, LLC	$25,000	-$30,309
T & M Management, LLC	$25,000	-$30,309
Roberson, Ltd.	$25,000	-$30,309
Richco, Inc.	$25,000	-$30,309
Seed Money, LLC	$25,000	-$30,309
Richter Supply	$25,000	-$30,309
Michael Jacobs PHD Ltd., M.D.	$25,000	-$30,309
Dain E Ellsworth CPA, LLC	$25,000	-$30,309
A B and a Investment Properties, Inc.	$25,000	-$30,309
China's Choice, LLC	$25,000	-$30,309
Ogo Medical, LLC	$25,000	-$30,309
JK Portering, LLC	$25,000	-$30,309
The Kline Family Agency	$25,000	-$30,309
Clean Tastic, LLC	$25,000	-$30,309
Vipediatrics of Las Vegas	$25,000	-$30,309
LG Designs, LLC	$25,000	-$30,309
Elegant Properties, LLC	$25,000	-$30,309
Joseph a Weathersby JR, LLC	$25,000	-$30,309
The Cooley Law Firm, Professional Limited-Liability Company	$25,000	-$30,309
Chloe Ashley Method	$25,000	-$30,309
Dent Plumbing, LLC	$25,000	-$30,309
Nevada Premier Valet, Inc.	$25,000	-$30,309
Artisan Group, Inc.	$25,000	-$30,309
Doc STN., LLC	$25,000	-$30,309
Clifford Van Praag, LLC	$25,000	-$30,309
Creasian Foods, LLC	$25,000	-$30,309
Scott Gibson Architect, Inc.	$25,000	-$30,309
Mojave Mailing, LLC	$25,000	-$30,309