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 67449
| Name of Borrower | Current Approved Amount |
|---|---|
| Herington Municipal Hospital | $868,200 |
| Tiffany Cattle Company, Inc. | $512,408 |
| Lawrenz Masonry, LLC | $186,200 |
| Riverview Enterprises, Inc. | $141,600 |
| 3B Foods, LLC | $112,500 |
| Clark Lumber Company, Inc. | $64,800 |
| CK Oil & Gas, LLC | $63,192 |
| Oswald Manufacturing Company, Inc. | $59,587 |
| Young Termite and Pest Control, Inc. | $47,900 |
| Herington Heating Air Conditioning Refrigeration & Appliance | $46,782 |
| Herington Livestock Commission Company, LLC | $46,570 |
| First Choice Meats, Inc. | $43,500 |
| Stroda Plumbing Service, Inc. | $32,100 |
| Charles Kniebel | $31,215 |
| John's Auto Service, Inc. | $29,027 |
| Discs Unlimited, Inc. | $29,000 |
| Jones Electric | $27,740 |
| BC Motors | $27,600 |
| Discovery Child Care Learning Center Foundation | $23,800 |
| Tom L. Eskeldson | $20,833 |
| Ecklund Family Farms, Inc. | $19,200 |
| AJP, LLC | $18,140 |
| Herington Motel Investors, LLC | $16,800 |
| Goldstar Endevors, LLC | $13,500 |
| Suzan Lynn Hawkes | $12,500 |
| St. Paul Lutheran Church of Herington, Kansas, Inc. | $11,100 |
| Our Redeemer Evangelical Lutheran Church-Herington | $10,800 |
| First Impressions Beauty Shop | $8,500 |
| Wildman Cattle Company, Inc. | $8,000 |
| A Taste of Home, LLC | $7,733 |
| Steve S. Donovan | $7,500 |
| G & R Auto Parts, Inc. | $7,500 |
| Gloria Schultz | $7,400 |
| Biehler-Ecklund Farms, Inc. | $6,700 |
| The Herington Country Club | $6,200 |
| Jus Trucking, Inc. | $5,000 |
| Randall Ecklund | $4,700 |
| Flowers by Vikki, Inc. | $3,600 |
| Victoria Miller | $3,547 |
| Trenton Granzow | $2,979 |
| Kansas Hereford Association | $2,800 |
| Kelly Donovan | $2,500 |
| S & S Tours, LLC | $1,000 |
Alerts Sign-up