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 51576
| Name of Borrower | Current Approved Amount |
|---|---|
| Larson Farms Trucking, Inc. | $108,518 |
| Next Phase Environmental, Inc. | $77,724 |
| Midline, LLC | $67,130 |
| Vosco Partnership | $60,050 |
| Pheasant Ridge Farms, Inc. | $52,804 |
| Larson Valley, Inc. | $50,503 |
| Peterson Angus Farms, Inc. | $40,877 |
| Kest Corporation, Inc. | $29,600 |
| Dave Lyon Repair | $28,947 |
| Robert Hough | $24,018 |
| Craig Hough | $24,018 |
| Pacos Tires, LLC | $22,642 |
| Daniel Huneke | $20,833 |
| Charles W. Johnsen | $20,833 |
| Ziegler Enterprises, LLC | $20,833 |
| Ward Trucking | $20,833 |
| Haywood Creek Trucking, LLC | $20,830 |
| Underwood Lutheran Church | $18,700 |
| R Mcdonald Farms, Inc. | $15,307 |
| Max Johnsen | $13,665 |
| Kim's Cleaning & Organizing, LLC | $13,125 |
| Johnsen Freight, LLC | $12,627 |
| Durfey's Trucking, LLC | $12,500 |
| LMN Enterprises, Inc. | $11,600 |
| Shane Baker | $8,497 |
| Olsenview Farms, LLC | $8,115 |
| Thomas Snyder | $7,800 |
| Delbert Bach | $5,666 |
| JPM Home Improvement, LLC | $5,000 |
| Cottonwood Creek Produce, LLC | $4,900 |
| Peterson Angus Seed, Inc. | $4,529 |
| Fifth Generation, LLC | $3,672 |
| Metro Plumbing, Inc. | $3,645 |
| Erin Johnsen | $2,031 |
| Heinrich Wahle | $1,523 |
| Neil Darrington | $470 |
| Kelly D. Bach | $414 |
Alerts Sign-up