There were 41 PPP loans provided to small businesses in 2020 in ZIP Code 62264, according to the US Small Business Administration.
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 62264
| Name of Borrower | Current Approved Amount |
|---|---|
| Sis-Bro, Inc. | $330,000 |
| New Athens Home for the Aged | $302,780 |
| Kaskaskia Tool and Machine, Inc. | $225,600 |
| KJMM Partnership | $217,000 |
| Ford Marble and Tile, Inc. | $140,200 |
| Saint Agatha Catholic Church | $71,310 |
| David Hepp Trucking, Inc. | $48,845 |
| D & R Huber | $44,852 |
| Katie Trucking | $38,845 |
| St. John United Church of Christ | $34,245 |
| The Bullpen, Inc. | $33,275 |
| John Feder Trucking | $26,370 |
| Nickens Lawn & Landscape, LLC | $22,013 |
| Gregory Ray | $20,833 |
| Incremental Sales & Marketing, LLC | $20,833 |
| Mark A. Hanft | $20,833 |
| John L. Kaiser | $20,833 |
| Gilbert Birkner | $15,835 |
| Wetzel Automotive | $13,200 |
| Gaetanos Village Pizza, LLC | $12,545 |
| Hiway Lumber Company | $10,412 |
| Deterding’s Tree Service, Inc. | $9,998 |
| Med-Xpress, LLC | $8,775 |
| Hearth and Home Service and Construction | $8,100 |
| R & R Heating & Cooling | $7,665 |
| Gateway Transportation Solutions, LLC | $6,907 |
| Nail’d, LLC | $5,600 |
| Dean A. Deterding | $5,594 |
| United Methodist Church | $5,432 |
| New Athens Fabric Works, Inc. | $5,400 |
| Design Signs | $5,300 |
| Clare Schilling | $4,800 |
| Chappy’s PDR, Inc. | $4,297 |
| Precision Painting | $4,100 |
| Fritsche | $3,690 |
| Southern Illinois Choppers, Inc. | $3,400 |
| Ritefield Lawn And Irrigation | $3,010 |
| Parker Styling | $2,752 |
| Boone | $2,520 |
| Andrea Cockrell | $1,800 |
| Nanette K. Campbell | $1,000 |
