The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Kinney Contractors, Inc. | $1,412,326 |
| Borgic Farms, Inc. | $346,840 |
| Poggenpohl, LLC | $120,575 |
| Beeler Farms, Inc. | $117,770 |
| Sorrells Farm Supply, Inc. | $90,400 |
| Hanks Sales and Service, Inc. | $82,755 |
| Benning Distributing, Inc. | $81,792 |
| Home Oil Company, Inc. | $79,180 |
| Walch Electric, Inc. | $56,446 |
| Pope, LLC | $53,256 |
| Larry Wernsing | $46,409 |
| Brian's Tire & Auto, Inc. | $44,070 |
| Roy Weitekamp, Inc. | $42,407 |
| Wood Family Partnership | $38,400 |
| Marten Insurance & Financial, Inc. | $37,992 |
| Pleasant Hill Christian Church | $37,929 |
| Wood Farms Trucking, Inc. | $37,500 |
| Riemannfarms, Inc. | $31,125 |
| Allen Poggenpohl Insurance Agency, Inc. | $29,113 |
| Wernsing Farms, Inc. | $29,035 |
| Dennis Rosenthal | $24,566 |
| John M. Steward | $24,211 |
| Matthew Meisner | $20,833 |
| Garrett Fuchs | $20,833 |
| Dajen Corporation | $20,048 |
| Wood Farms, Inc. | $20,000 |
| William E. Beeler | $18,896 |
| Pope Farms, Inc. | $16,834 |
| Creekstone Kettle Works, Ltd. | $15,522 |
| Germann Drywall Finishing & Painting, Inc. | $15,256 |
| Dave's Collision Shop | $15,178 |
| Larry S. Beanblossom | $14,085 |
| John D. Sale | $13,136 |
| Pope Seed Sales, Inc. | $13,121 |
| DBA Owens Agent Solutions | $12,955 |
| Gerry L. Beanblossom | $12,313 |
| Darin T. Rosenthal | $12,031 |
| Matthew Beeler | $10,492 |
| Snyder Farms, Inc. | $10,000 |
| Dee's Green Tree, Inc. | $8,802 |
| Mcward Construction | $7,350 |
| Hampton Equipment, Inc. | $6,225 |
| Mayes Antique Tractors | $5,938 |
| Huntergreen INN & Pub, Inc. | $5,250 |
| Boston Chapel Christian Church | $4,320 |
| Ramie Meisner | $3,660 |
| Phat & Shai, Inc. | $3,250 |
| Lare-Leen, Inc. | $2,620 |
| Cheryl's Beauty Shop | $1,522 |
| Susan's Hair Designs | $1,517 |
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