The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 67446
Name of Borrower | Current Approved Amount |
---|---|
Cunningham Telephone Company, Inc. | $472,359 |
Winkel Manufacturing Company | $150,200 |
Marzolf Trucking, LLC | $95,770 |
Waconda Boats & Motors, LLC | $90,125 |
Senger Construction, LLC | $65,858 |
Kim Kay Trucking | $57,300 |
American Agent & Auto, LLC | $44,730 |
Palen Family Farms | $35,660 |
Krisham, Inc. | $23,770 |
Blind Corner Solutions, LLC | $21,000 |
PPP, LLC | $19,339 |
Brown Creek Farms, Inc. | $14,077 |
CM Farms | $13,750 |
Jerry Brown | $12,513 |
Seven Stars, LLC | $10,500 |
Steve J. Winkel | $10,140 |
Lakeshore Tailgaters Bar and Grill | $10,000 |
Tiny Treasures, LLC | $9,200 |
Prairie Glen Farm, Inc. | $8,750 |
Brinker Corporation, Inc. | $8,419 |
Charles Remus | $7,765 |
Glen Elder United Methodist Church | $6,860 |
John Winkel | $6,199 |
M S Remodeling, LLC | $6,191 |
Greg Shamburg, Inc. | $6,120 |
Thomas Colarossi | $5,982 |
Loren Remus | $4,907 |
Outdoor Memories Taxidermy and Sporting Goods, LLC | $4,500 |
Barry McPeak | $3,381 |
Ashley Clausen | $1,950 |
Eberle Construction, LLC | $1,660 |