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 67467
Name of Borrower | Current Approved Amount |
---|---|
Flinthills Trading Company | $1,528,300 |
Great Plains of Ottawa County, Inc. | $775,244 |
Minneapolis KS Opco, LLC | $322,005 |
C & R Plating | $189,000 |
Profab Manufacturing, Inc. | $173,600 |
All Smiles Dental Care, LC | $159,340 |
Lindsey Creek Feeders, LLC | $99,600 |
INK Sharks, LLC | $68,625 |
River Hills Seed, Inc. | $65,813 |
Lott Implement, Inc. | $65,800 |
Autotek, LLC | $60,160 |
Berry Seeds | $50,259 |
C2 Enterprises, LLC | $49,200 |
Rich's Dirt Works | $44,774 |
Scott Ausherman Agency, Inc. | $43,200 |
Evan Atwell | $42,697 |
Allen and Associates Law, LLC | $42,200 |
Minneapolis Refuse Service, LLC | $38,211 |
Cline Harvesting, LLC | $35,600 |
Thomas E. Austin Jr. | $30,712 |
Baccus Farms, Inc. | $29,700 |
Tyler Crosson | $28,633 |
D & M Body Shop | $27,436 |
North Central Steel | $27,100 |
Cory J. Peters | $25,943 |
Griffins Contracting, Inc. | $25,600 |
J Tibbits, Inc. | $22,818 |
Bacon Cattle Company | $20,833 |
Michael S. Carlson | $20,833 |
Cooper Berry | $20,833 |
Kaden Berry | $20,833 |
Colby Berry | $20,833 |
David Crosson | $20,833 |
Wilson Family Funeral Home, Inc. | $20,500 |
Brenton Kindall | $19,700 |
Kelley S. Zuker | $18,764 |
Minneapolis Muffler, Inc. | $17,961 |
Minneapolis First United Methodist Church | $17,400 |
Randall R. Gruber | $14,100 |
Steven L. Carlson | $13,300 |
First Presbyterian Church | $12,687 |
BSK, Inc. | $11,949 |
Agent by Air, Inc. | $11,250 |
Matt Pickrell Agency | $11,228 |
Studio 210-Cline, Inc. | $11,007 |
Clanton Farms, Inc. | $10,900 |
Tyler J. McDuffee | $10,800 |
Clear View Financials, LLC | $10,085 |
Scheibeler's, LLC | $9,900 |
Steve L. Clanton | $8,500 |
Gallardos, LLC | $7,500 |
M & S Aviation, LLC | $7,500 |
Kimba Kay Orr | $7,500 |
Gruber Farms, LLC | $7,200 |
Jeremy Ragland | $6,100 |
Little Samaritans Child Development Center, Inc. | $5,900 |
Leopard Pineapple Boutique, Inc. | $5,812 |
Teresa Clements | $5,777 |
George Dresie Agency | $4,900 |
Jonathan M. Jones | $4,000 |
Thomas Robert Austin | $3,914 |
Pfeifer Agency | $3,482 |
Hardrock Liquor | $3,467 |
Family Barber And Hairstyling | $3,213 |
Family Barbershop And Hairstyling | $3,168 |
The Car Wash | $3,100 |
Lloyd Mull | $3,088 |
Eldon Clark Jr. | $2,727 |
Lawn Master, LLC | $2,682 |
Brooke Pickrell | $2,407 |
Solomon Valley Supply, LLC | $2,275 |
Nancy Parks | $2,172 |