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 68764
| Name of Borrower | Current Approved Amount |
|---|---|
| C2C Express, Inc. | $540,500 |
| Ferguson Agronomy Partners, Inc. | $226,804 |
| C2C, Inc. | $80,200 |
| Brad Cummings, LLC | $77,800 |
| Lazy T Tire & Implement | $58,225 |
| C3C, Inc. | $52,600 |
| O & W Dairy Farm, Inc. | $45,994 |
| Clarks Station, Inc. | $34,200 |
| H & T Seed and Technology, LLC | $28,875 |
| Preferred Fencing and Cedar Removal, LLC | $27,827 |
| Willow Creek Sand & Gravel | $27,100 |
| Clifton Insurance, LLC | $26,782 |
| Mitteis Gravel, LLC | $25,510 |
| Hurtig Well Service, LLC | $25,424 |
| Frank Meyer Family Farms, LLC | $22,000 |
| Smith Valley Land & Cattle, Inc. | $21,800 |
| Warren R. Vonseggern | $20,833 |
| Patrick R. Bergman | $20,833 |
| Schacht Farms | $20,200 |
| Rope Parish | $16,563 |
| Highway 20 Seed, LLC | $15,688 |
| Bodie Meyer | $13,475 |
| Galan Gibbs | $13,215 |
| Jag, Inc. | $12,500 |
| Aj Hoffman Trucking, LLC | $12,338 |
| Cedar Ridge, Inc. | $9,890 |
| Vernon Mast | $9,032 |
| Steve Belik | $8,366 |
| Kata, LLC | $7,300 |
| Bar SH Farms, LLC | $7,005 |
| Derek Henn | $7,000 |
| Lyle Erhardt | $7,000 |
| Silver Acres, Inc. | $6,250 |
| Plains Cover Crop, LLC | $5,950 |
| St. Peter Lutheran Church | $5,357 |
| Shane Strope | $3,700 |
| Williard G. Rifer | $1,562 |
| James Dinklage | $620 |
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