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 |
---|---|
Markman Peat Corporation | $639,147 |
Mindfire Communications | $287,100 |
ECS, Inc. | $287,000 |
Sycamore Creek Farms Trucking, LLC | $198,100 |
Holst Trucking & Excavating | $140,000 |
Les Baer Custom, Inc. | $135,900 |
Gend Company | $117,700 |
Wainwright Orthodontic Group, P.C. | $114,300 |
Leclaire Hotel Group, LLC | $100,000 |
City Hall 1876, LLC | $98,400 |
Mississippi River Distilling Company, LLC | $96,087 |
Rebitzer's Bar & Grille, LLC | $92,400 |
Epsilon Food Corporation | $85,400 |
QC Analytical Services, LLC | $81,746 |
Drayer Construction, Inc. | $80,300 |
Five Star Masonry | $67,200 |
Riverview Partners, LLC | $64,629 |
MRW, Inc. | $60,135 |
Kiddie Karrasel Academy | $59,900 |
The Faithful Pilot Cafe and Spirits | $56,500 |
Flenker Bros., LLC | $52,195 |
Leclaire Family Dental, P.C. | $50,700 |
Green Dot Security | $49,200 |
Grace Marine, Inc. | $48,923 |
Hoyt Marine, LLC | $47,678 |
Pfitzs Fencing and Snow Removal, LLC | $45,419 |
Costello Construction, Inc. | $44,100 |
Helping Hands Transporting Services, LLC | $43,300 |
Vab Metrology, Inc. | $41,500 |
Aci Medicine, P.C. | $40,380 |
Hennings, Ltd. | $40,000 |
Riverside Family Eye Care, LLC | $39,098 |
Jack Wilson Trucking, Inc. | $37,700 |
Crane and Pelican Cafe, LLC | $36,900 |
Wainwright Orthodontics, PLC | $35,349 |
Superior Snow & Trucking Services, LLC | $34,300 |
Koellner Enterprises, LLC | $33,700 |
Platform Elite | $30,750 |
Kautz Chiropractic, LLC | $28,600 |
Steve Nelson and Son Siding Contractors, Inc. | $28,000 |
Prairie Land Anesthesia, LLC | $28,000 |
Gillespie Auto Electric, Inc. | $28,000 |
Green Tree Brewery, LLC | $27,100 |
Merridith, LLC | $27,000 |
Koellner 6 Enterprise, LLC | $26,900 |
Wilson Brothers Partnership | $26,600 |
Athlete Development Project, LLC | $25,250 |
River Rail Road Logistics | $22,100 |
Sycamore Creek Farms, Inc. | $21,400 |
John Van Straten, Do, S. C., Ltd. | $20,919 |