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 51632
| Name of Borrower | Current Approved Amount |
|---|---|
| Clarinda Regional Health Center | $3,176,200 |
| Ez Way, Inc. | $651,000 |
| BCP Clarinda, LLC | $462,874 |
| Waubonsine Mental Health Center | $430,500 |
| Smith Vending Corporation | $295,115 |
| Whipp Sales and Service, Inc. | $293,250 |
| Anchor Homes, Inc. | $214,117 |
| CSM, Inc. | $162,095 |
| Shore Motor Company | $159,000 |
| Wallin Plumbing & Heating, Inc. | $129,000 |
| A&W Enterprises, LLC | $111,700 |
| Browns Parts & Service, Inc. | $103,859 |
| Clarinda Livestock Auction | $103,070 |
| Sticklers, Inc. | $101,000 |
| Southwest Iowa Families, Inc. | $93,300 |
| Tunnicliff, Inc. | $92,500 |
| Legacy Mutual Insurance | $79,850 |
| C. L. Fabrication, Inc. | $77,722 |
| Taylor Pharmacy Trust | $77,485 |
| Sump Insurance, Inc. | $77,000 |
| Clarinda Heating and Cooling | $71,351 |
| Grandmas House Daycare | $69,400 |
| Pure Health Services, LLC | $67,600 |
| J Bruner's, Inc. | $61,792 |
| Warren Andrew | $58,004 |
| Meier Family Farm, Inc. | $57,500 |
| Schmitt Farms Trucking, Inc. | $57,100 |
| Snyder's Auto Body, Inc. | $55,900 |
| Southwest Sanitation | $53,009 |
| Clarinda Lutheran School Association, Inc. | $53,000 |
| Hoskins Siding & Windows, Inc. | $51,200 |
| Twin Oak Veterinary Clinic, PC | $50,000 |
| JW Excavation, Inc. | $48,000 |
| David Price | $47,685 |
| Richard Wagoner | $47,600 |
| Wellhausen Farms, Inc. | $46,800 |
| Fine & Sons Homebuilders, Inc. | $46,271 |
| Concrete Expressions, LLC | $45,300 |
| 3D Construction, Inc. | $44,000 |
| Jay Moses | $43,950 |
| SPI 4, Inc. | $43,500 |
| Johnson Tire & Service, Inc. | $42,400 |
| Daniel T. Lantz, O.D. | $41,682 |
| Boulders INN Clarinda, LLC | $39,700 |
| Pure Rehabilitation, LLC | $37,500 |
| Turner, jones & Bitting | $36,000 |
| Debra R. Sunderman | $35,900 |
| Am Building, LLC | $35,100 |
| Lee Brooke | $33,224 |
| Nordland Agency, Inc. | $32,455 |
| Brookside Acres | $28,996 |
| Deb Marlin Insurance Agency, Inc. | $28,675 |
| St. John Lutheran Church | $28,396 |
| Seth Watkins | $28,146 |
| Ted Patrick York | $28,018 |
| Steven Sunderman | $28,000 |
| S & S Appliance | $27,900 |
| Champ Automotive, LLC | $26,827 |
| Sump Farms LC | $26,800 |
| Bradley S. Williams, PLC, D.D.S. | $26,800 |
| A & K Ritchie Funeral Home, LLC | $25,800 |
| Page County Abstract and Title Company | $24,400 |
| Brian K. Rarick, D.P.M. | $22,900 |
| Greg Muller | $20,833 |
| Gary Huseman | $20,833 |
| Darin Sunderman | $20,833 |
| Jordan Dammann | $20,833 |
| Todd Nothwehr | $20,833 |
| Danny L. Dammann | $20,833 |
| Levi Sunderman | $20,833 |
| Craig A. Clark | $20,833 |
| John Krchelich | $20,833 |
| Mark Holt | $20,833 |
| John Wittmuss | $20,800 |
| Brett J. Wellhausen | $20,800 |
| Jason Wittmuss | $20,800 |
| Robert I. Smith | $20,800 |
| Wrangler Sales, Inc. | $19,970 |
| Wright Seed, LLC | $19,700 |
| Brockman Bros, Inc. | $18,605 |
| Witthoft Electric, LLC | $18,500 |
| Dwight C. Billings Investments, LLC | $17,900 |
| Clarinda Flower Shop, Inc. | $16,800 |
| Elizabeth Moore Insurance | $16,226 |
| Chad a. Wellhausen | $15,611 |
| Dings N. Honk Holler | $15,500 |
| St. Paul Lutheran Church | $14,912 |
| Nothwehr Farms, Inc. | $13,900 |
| Miller Oil, Inc. | $13,300 |
| Herzberg Chiropractic, PC | $12,620 |
| Kalen D. Fulk | $11,851 |
| Weil's, Inc. | $11,809 |
| Garrison Coffee House | $10,815 |
| Hanson Seed & Services, Inc. | $10,662 |
| Trinity United Presbyterian Church | $10,600 |
| St. Clare Catholic Church | $10,300 |
| Cory Bix | $9,990 |
| Norman David Esaias | $9,322 |
| MJS Realty, Inc. | $9,200 |
| Activ Nails | $9,135 |
| King Construction, LLC | $8,984 |
| Town & Country Financial Services | $8,888 |
| Kory Gray | $8,600 |
| Clarinda Carnegie Museum | $8,515 |
| Mellencamp Farms, Inc. | $8,300 |
| Nodaway Family Chiropractic, PC | $8,277 |
| Mellencamp Brothers, Inc. | $8,200 |
| Kayla Hagey | $8,200 |
| Carpenter & Associates, LLC | $7,912 |
| Norman L. Esaias | $7,700 |
| Cricle C. Signs | $7,375 |
| Williams and Sons Trucking | $7,050 |
| Daniel Meier | $6,500 |
| Glenn Miller Birthplace Society | $6,310 |
| Hair Benders | $6,300 |
| Will Baumann | $6,082 |
| Jeffrey McCall | $5,500 |
| Cassie Sunderman | $5,280 |
| Dockweiler Daycare | $5,200 |
| Henke Electric | $5,129 |
| Robert J. Henke | $4,900 |
| Marvin Edward Hakes | $4,770 |
| Cjs Painting | $4,535 |
| York Trucking, Inc. | $4,300 |
| Mccoy Farms Partnership | $4,000 |
| Nodaway Valley Historical Society | $3,656 |
| Debra Hanson | $3,620 |
| CC Home Improvement | $3,557 |
| Greg Butt, Inc. | $3,416 |
| Frontier Lanes, Inc. | $2,900 |
| Paige Taylor | $2,554 |
| Amanda Vorhies Tax and Accounting | $2,300 |
| Sonrisers Popcream, Inc. | $2,292 |
| Kirstie Thomas | $2,191 |
| Donna D. Huseman | $2,053 |
| Sunja, Inc. | $2,000 |
| Nami Southwest Iowa | $1,600 |
| Marissa Sunderman | $1,300 |
| Cheri Wittmuss | $1,300 |
| Ashley R. Urkoski | $1,195 |
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