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The Cleveland Businesses That Received The Most In PPP Loans
The Paycheck Protection Program (PPP), a vital part of the $2 trillion CARES Act, was designed to support small businesses during economic disruptions.
In Ohio, a total of 140,278 loans were issued, amounting to over $31 billion in PPP funds, which helped secure approximately 4.5 million jobs statewide.
Cleveland alone saw 116,308 jobs preserved thanks to nearly $949 million in PPP loans, with 78% of the funds allocated to loans exceeding $150,000.
Which businesses received the largest share of these funds? We analyzed data from the Small Business Administration to identify the companies with the highest PPP payouts.
The Cleveland Companies That Received The Most PPP Funds
- American Bread Company LLC
- Constant Aviation LLC
- Mazzella Holding Company, Inc.
- Morrison Products, Inc.
- Cohen & Company, Ltd.
- Benesch, Friedlander, Coplan & Aronoff LLP
- The Original Mattress Factory, Inc.
- Conrad’s Tire Service, Inc.
- Tucker Ellis & West LLP
- Jergens Inc.
These companies received between $2 million and $10 million in PPP loans, collectively preserving over 25,000 jobs in the region.
How We Determined The Companies That Received The Most PPP Loans In Cleveland
Our analysis involved reviewing 4.8 million records released by the Small Business Administration, focusing specifically on Cleveland-based companies.
Loans under $150,000 were reported as exact amounts, whereas those above this threshold were categorized into ranges:
$5-10 million
$2-5 million
$1-2 million
$350,000-1 million
$150,000-350,000
For each range, we utilized the lowest amount, ensuring that companies received at least this sum. Companies were then ranked by the number of jobs they retained, prioritizing those that secured more positions. Note that some companies may not have reported their employee retention figures yet, as the submission deadline has not passed.
Detailed Ranking: The 100 Cleveland Companies That Received The Most PPP Funds
| Business Name | Loan Amount | Jobs Saved |
|---|---|---|
| AMERICAN BREAD COMPANY LLC | $5-10 million | 500 |
| CONSTANT AVIATION LLC | $5-10 million | 500 |
| MAZZELLA HOLDING COMPANY, INC. | $5-10 million | 500 |
| MORRISON PRODUCTS, INC. | $5-10 million | 500 |
| COHEN & COMPANY, LTD. | $5-10 million | 474 |
| BENESCH, FRIEDLANDER, COPLAN & ARONOFF LLP | $5-10 million | 470 |
| THE ORIGINAL MATTRESS FACTORY, INC. | $5-10 million | 450 |
| CONRAD’S TIRE SERVICE, INC. | $5-10 million | 431 |
| TUCKER ELLIS & WEST LLP | $5-10 million | 421 |
| JERGENS INC. | $5-10 million | 416 |
| SIFCO INDUSTRIES, INC. | $5-10 million | 401 |
| THE JAMES B. OSWALD COMPANY | $5-10 million | 394 |
| REMINGER CO, LPA | $5-10 million | 391 |
| MIDDOUGH CONSULTING INC. | $5-10 million | 389 |
| PRESRITE CORPORATION | $5-10 million | 387 |
| ZIN TECHNOLOGIES INC | $5-10 million | 359 |
| MAJESTIC STEEL USA, INC. | $5-10 million | 329 |
| ULMER & BERNE LLP | $5-10 million | 311 |
| THE MUSICAL ARTS ASSOCIATION | $5-10 million | 279 |
| MCDONALD HOPKINS LLC | $5-10 million | 250 |
| CONTINUUM OF CARE, INC. | $2-5 million | 500 |
| PLAYHOUSE SQUARE FOUNDATION | $2-5 million | 495 |
| JENNINGS CENTER FOR OLDER ADULTS | $2-5 million | 424 |
| AMERIMARK DIRECT LLC | $2-5 million | 402 |
| THE CLEVELAND MUSEUM OF ART | $2-5 million | 397 |
| REVENUE ASSISTANCE CORPORATION | $2-5 million | 394 |
| THE CLEVELAND INSTITUTE OF ART | $2-5 million | 393 |
| STEVENS ENGINEERS & CONSTRUCTORS, INC. | $2-5 million | 392 |
| NATIONAL SAFETY APPAREL, INC. | $2-5 million | 391 |
| LEGACY STAFFING, LLC | $2-5 million | 386 |
| YMCA OF GREATER CLEVELAND | $2-5 million | 378 |
| EXACTA LAND SURVEYORS LLC | $2-5 million | 370 |
| MCPC INC | $2-5 million | 369 |
| SKYLINE CM PORTFOLIO LLC | $2-5 million | 363 |
| MENTAL HEALTH SERVICES FOR HOMELESS PERSONS INC | $2-5 million | 360 |
| NEW AVENUES TO INDEPENDENCE INC | $2-5 million | 350 |
| ONE SOURCE TECHNOLOGY LLC | $2-5 million | 348 |
| SAINT IGNATIUS HIGH SCHOOL OF CLEVELAND | $2-5 million | 322 |
| AJAPPJR II, LLC | $2-5 million | 318 |
| THE NOTRE DAME COLLEGE | $2-5 million | 282 |
| THE MILLCRAFT PAPER COMPANY | $2-5 million | 258 |
| AMOTEC INC | $2-5 million | 250 |
| DONALD MARTENS & SONS AMBULANCE | $2-5 million | 250 |
| THE AMERICAN TANK & FABRICATING COMPANY | $2-5 million | 250 |
| THE ORLANDO BAKING COMPANY | $2-5 million | 250 |
| ETP INTERNATIONAL INC. | $2-5 million | 246 |
| MURTIS TAYLOR HUMAN SERVICES SYSTEM | $2-5 million | 241 |
| NORTHEAST OHIO NEIGHBORHOOD HEALTH SERVICES, INC. | $2-5 million | 240 |
| ELECTRONIC MERCHANT SYSTEMS, LLC | $2-5 million | 236 |
| PUBCO CORP | $2-5 million | 229 |
| VENDORS EXCHANGE INTERNATIONAL, INC. | $2-5 million | 225 |
| FABRIZI TRUCKING AND PAVING CO INC | $2-5 million | 211 |
| GREAT LAKES PETROLEUM CO. | $2-5 million | 210 |
| THE APEX PAPER BOX COMPANY | $2-5 million | 207 |
| CALFEE, HALTER & GRISWOLD LLP | $2-5 million | 206 |
| THE OSBORN ENGINEERING COMPANY | $2-5 million | 206 |
| MERIT BRASS CO. | $2-5 million | 205 |
| NEIGHBORHOOD HEALTH CARE | $2-5 million | 204 |
| SELMAN & COMPANY, LLC | $2-5 million | 194 |
| ANCHOR TOOL & DIE CO. | $2-5 million | 193 |
| ALBERT M. HIGLEY COMPANY, LLC | $2-5 million | 191 |
| MICELI DAIRY PRODUCTS COMPANY | $2-5 million | 191 |
| THE ROCK AND ROLL HALL OF FAME AND MUSEUM, INC. | $2-5 million | 191 |
| HAHN LOESER & PARKS LLP | $2-5 million | 190 |
| THE BREWER-GARRETT COMPANY | $2-5 million | 189 |
| MERITECH BLUE, INC. | $2-5 million | 188 |
| THE GREAT LAKES BREWING CO. | $2-5 million | 186 |
| FPC INTERNATIONAL, INC. | $2-5 million | 185 |
| VDHC, INC. | $2-5 million | 185 |
| CLEARWATER CONSTRUCTION, INC | $2-5 million | 183 |
| HILLCREST EGG AND CHEESE | $2-5 million | 182 |
| NOOK INDUSTRIES | $2-5 million | 178 |
| FREEWAY CORPORATION | $2-5 million | 176 |
| THE PRINCE & IZANT CO INC | $2-5 million | 170 |
| WALTER HAVERFIELD LLP | $2-5 million | 164 |
| ULLMAN ELECTRIC COMPANY | $2-5 million | 162 |
| MARCUS THOMAS, LLC. | $2-5 million | 160 |
| TRAVELERS ALLIANCE GROUP LLC | $2-5 million | 160 |
| BLUE JAY COMMUNICATIONS, INC. | $2-5 million | 155 |
| PAYMAX SERVICES, INC. | $2-5 million | 151 |
| THOMAS MARTIN | $2-5 million | 150 |
| CODONICS INC. | $2-5 million | 141 |
| LIFEBANC | $2-5 million | 138 |
| OHIO ALUMINUM INDUSTRIES INC | $2-5 million | 129 |
| MEADEN & MOORE MANAGEMENT LTD. | $2-5 million | 127 |
| THE HORSBURGH & SCOTT CO. | $2-5 million | 127 |
| PRESSCO TECHNOLOGY INC. | $2-5 million | 121 |
| TAZMANIAN FREIGHT FORWARDING INC | $2-5 million | 119 |
| KARPINSKI ENGINEERING INC. | $2-5 million | 118 |
| NORTH COAST CONTAINER, LLC | $2-5 million | 117 |
| NOVAGARD SOLUTIONS, INC. | $2-5 million | 114 |
| ALCON INDUSTRIES INC | $2-5 million | 105 |
| KAUFMAN CONTAINER COMPANY | $2-5 million | 104 |
| FRANK NOVAK & SONS, INC. | $2-5 million | 100 |
| DON SAXTON | $2-5 million | 92 |
| CLEARSTEAD ADVISORS, LLC | $2-5 million | 85 |
| HITCHCOCK CENTER FOR WOMEN | $2-5 million | 34 |
| BEACHWOOD SERVICES, INC | $2-5 million | 0 |
| CADILLAC FUNDING ASSOCIATES, LLC | $2-5 million | 0 |
| DNS FARM SERVICES, LLC | $2-5 million | 0 |
Explore More:
- Best Companies to Work For in Cleveland
- Highest Paying Jobs in Cleveland
- States That Received the Most (and Least) PPP Funds
Author
Kathy is the head of content at Zippia with a knack for engaging audiences. Prior to joining Zippia, Kathy worked at Gateway Blend growing audiences across diverse brands. She graduated from Troy University with a degree in Social Science Education.
