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 |
---|---|
Taylor Construction, Inc. | $590,400 |
Daves Feed Store, Inc. | $207,300 |
Bries & Fangmann, Inc. | $147,700 |
New Vienna Lumber, Inc. | $99,900 |
Mormann Dairy, LLC | $98,600 |
4J Supply Company, Inc. | $73,000 |
New Vienna Metal Works, Inc. | $69,600 |
Grandi, Inc. | $47,000 |
K & K Dairy, Inc. | $37,040 |
New Vienna Mutual Insurance Association | $36,400 |
CJ Tire & Auto Repair, LLC | $32,200 |
Hoefler Dairy | $30,900 |
Company-Op Oil Company | $30,500 |
Richard Domeyer | $28,300 |
Mausser Auto Service, Inc. | $25,700 |
Steffen Brothers Partnership | $21,977 |
Gaul Dairy Farm | $20,833 |
Scott Ungs | $20,800 |
Danny Goebel | $20,800 |
Jerome Riniker | $18,500 |
Kluesner Trucking, LLC | $16,800 |
JWTD Swine, Inc. | $16,627 |
All-Star Car Care, LLC | $15,600 |
Budden Auto Body, LLC | $14,300 |
GKW Trucking, LLC | $13,400 |
Pat's Paint & Repair | $11,500 |
Jason Gaul | $11,400 |
Koelker Milling & Storage, LLC | $11,200 |
Russell McAllister | $11,185 |
Schwers Bros., LLC | $10,500 |
Mike Kluesner | $9,000 |
Koelker Trucking, LLC | $8,500 |
Dale Menke | $8,100 |
Lansing Hay Company | $8,000 |
Kevin A. Pitz | $7,700 |
The Auto Shoppe Service, LLC | $7,400 |
Brian J. Hoefler | $7,080 |
Digman Folding Partition Services | $6,900 |
Plumwood Acres, Inc. | $6,900 |
Joseph R. Kluesner | $6,700 |
Jake Lehman Transfer, LLC | $6,000 |
Earl G. Hosch | $5,900 |
Harter Portable Restrooms, LLC | $5,700 |
Ted C. McAllister | $5,160 |
Walter Welling | $4,600 |
Downtowne Lounge, LLC | $3,282 |
The Auto Shoppe, Inc. | $2,900 |
Guinea Farm, LLC | $2,500 |
Douglas Gaul | $2,200 |
Jeff Lucas | $1,844 |