See The Hatboro-Horsham Businesses That Got Biggest PPP Loans

HATBORO, PA — The U.S. Small Business Administration and U.S. Treasury released details of the country's massive Paycheck Protection Program that helped businesses affected by the coronavirus pandemic.

A total of $20.7 billion in loans from the program were distributed in Pennsylvania, protecting 1.8 million jobs, the SBA said in its most recent report on the program. The loans will be forgiven if businesses keep employees on the payroll.

In Hatboro and Horsham, 19 companies and organizations received loans for more than $1 million, including one between $5-10 million and seven between $2-5 million.

All of the million-dollar-plus loans were to companies and organizations in Horsham. But dozens more smaller loans were awarded in both Hatboro and Horsham. You can find all of them at the link at the bottom of this story.

Here is a breakdown of the biggest loans received by Hatboro and Horsham employers:

$5 million-$10 million

NATIONAL MEDICAL SERVICES INC

$2 million-$5 million

BURNS MECHANICAL, INC.
KREISCHER MILLER
LANGUAGE SERVICES ASSOCIATES, INC
NATIONAL GLASS & METAL CO., INC.
STRATA SKIN SCIENCES INC
TINIUS OLSEN TESTING MACHINE COMPANY
TURN 14 DISTRIBUTION, INC.

$1 million-$2 million
ABINGTON MEDICAL SPECIALISTS ASSOCIATION PC
AEGIS INDUSTRIAL SOFTWARE CORPORATION
ANCILLARE, LP|
C&C FORD SALES, INC.
DELTA INFORMATION SYSTEMS INC
INTERSTATE BUILDING MAINTENANCE CORP
JAMES A GRUNDY AGENCY, INC.
Q-MATION
STOKES EQUIPMENT COMPANY
TQM WORKFORCE SOLUTIONS INC
WORKSPACE PROPERTY MANAGEMENT, L.P.

Nationwide, more than 4.9 million loans of more than $150,000 were made to businesses and nonprofit organizations. The total amount for approved loans over that amount was more than $521 billion.

Of the loans distributed in Pennsylvania, 26,095 were for more than $150,000. Two hundred and six Pennsylvania businesses received between $5 and $10 from the program.

Here is a breakdown of the amounts approved in Pennsylvania:

• $5 million to $10 million: 206 loans
• $2 million to $5 million: 1,096 loans
• $1 million to $2 million: 2,255 loans
• $350,000 to $1 million: 8,059 loans
• $150,000 to $300,000: 14,479 loans

You can search the full database of Pennsylvania companies receiving loans greater than $150,000 here.