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 |
|---|---|
| Jerry's Transmission Service, Inc. | $263,700 |
| Five Start Office Installations, Inc. | $260,590 |
| Andy's Lawn & Snow, LLC | $52,500 |
| Sarah Heuer | $30,367 |
| Otto Farm Operations, Inc. | $28,875 |
| Otto Farms Chopping, Inc. | $28,825 |
| Five Star Commercial Services | $27,831 |
| Balow's Highway 7 Auto Salvage, Inc. | $27,169 |
| Nathan Ide | $23,665 |
| Curtis A. Marks | $22,833 |
| Mark Ahlbrecht | $21,875 |
| Nathan Ide | $20,833 |
| James Hausladen | $20,833 |
| Alan Bebo | $20,833 |
| Mason Ahlbrecht | $20,833 |
| Michael Ide | $20,833 |
| Jonathon Posusta | $20,833 |
| Michael Ide | $20,833 |
| Larry Ide | $20,833 |
| David Anderson | $20,833 |
| Robert Vasko | $20,833 |
| Cheryl Smith | $20,833 |
| Larry Ide | $20,833 |
| Benjamin Shimanski | $20,833 |
| Sigfredo Lopez | $20,833 |
| Christopher Jilek | $20,833 |
| David Snegosky | $20,833 |
| Jason Papenfuss | $20,832 |
| Richard Heuer | $20,832 |
| Kevin Selchow | $20,830 |
| Lynne Garbers | $20,830 |
| John Bebo | $20,817 |
| Bradley Sicheneder | $20,800 |
| Shimanski Exteriors, LLC | $20,418 |
| Ronald Gantner | $20,197 |
| J & D Seeds | $19,800 |
| Otto Farms Pumping, Inc. | $19,752 |
| Paul Seefeldt | $18,122 |
| Lee Fords | $16,312 |
| James Kulinski | $16,272 |
| Alicia Heimerl | $16,221 |
| Kelly Hecksel | $13,125 |
| BP Seed, LLC | $11,297 |
| Maurice Tonn | $10,907 |
| Gerald Stibal | $10,900 |
| Michael Mochinski | $10,777 |
| John Bayerl | $10,253 |
| Robert Blackketter | $9,314 |
| Phillip Ide | $8,140 |
| Phillip Ide | $8,054 |
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