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 62281
| Name of Borrower | Current Approved Amount |
|---|---|
| Gould Flooring Services, Inc. | $371,000 |
| Auto Xtreme Collision, Inc. | $298,100 |
| St. Jacob Glass, Inc. | $250,765 |
| Operating Engineers Local 520 Joint Apprenticeship and Train | $176,800 |
| Penn Builders, LLC | $112,600 |
| Calser Calibrations, LLC | $97,650 |
| Lindow Contracting, Inc. | $92,772 |
| Terra5 Construction, LLC | $77,200 |
| Tipton Concrete Construction, Inc. | $69,400 |
| EMC Properties, LLC | $57,700 |
| Partners for Pets Humane Society | $55,117 |
| N. B. Davis & Associates, LLC | $39,200 |
| Gateway Business Services, Inc. | $38,500 |
| Lucky Rooster, LLC | $32,000 |
| Boeshans & Company Builders, LLC | $31,800 |
| Gateway Remarketing, Inc. | $25,937 |
| Michael Farms, a Partnership | $25,100 |
| Krishna Mohan Corporation | $22,400 |
| Shane Shafer | $20,833 |
| Madco Soccer Club, LLC | $20,833 |
| Michael Grain Farm, Inc. | $17,500 |
| Brian Michael Farms, Inc. | $16,200 |
| Jason Michael Farms, Inc. | $16,200 |
| Milam Enterprises | $14,400 |
| W & J Plumbing | $13,884 |
| Michelle Hawthorne | $13,500 |
| Dean Seger & Sons, Inc. | $12,300 |
| KMJ Lawn Service, LLC | $11,561 |
| David T. Wells | $10,800 |
| Mary Osman | $10,121 |
| TCMS Services, Inc. | $6,100 |
| Tiffany Michael | $4,422 |
| Cathy Gilomen | $3,900 |
Alerts Sign-up