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 68765
| Name of Borrower | Current Approved Amount |
|---|---|
| Osmond General Hospital, Inc. | $750,405 |
| Aschoff Construction, Inc. | $614,564 |
| LG Pumping, LLC | $329,176 |
| West Hodson Lumber Company, Inc. | $317,792 |
| Manzer Equipment, Inc. | $272,875 |
| Bahr Trucking, LLC | $135,700 |
| Osmond Farm Supply Center, Inc. | $119,461 |
| S & S Express, LLC | $108,040 |
| Gansebom Agent, LLC | $89,155 |
| All-4-1, LLC | $85,600 |
| B+C Industrial Contractors, Inc. | $80,308 |
| Northeast Nebraska Tire and Trailer Sales, LLC | $76,298 |
| New Frontier Insurance Agency | $73,643 |
| Hfmnco, LLC | $57,700 |
| Hoffman Farms, Inc. | $56,354 |
| St. Mary of the Seven Dolors | $56,334 |
| Brad Huwaldt Trucking, Inc. | $54,491 |
| Aschoff Contracting, Inc. | $52,849 |
| Buchanan Well Company, Inc. | $45,780 |
| Brian Moes | $44,200 |
| Elite Door, LLC | $41,271 |
| The Osmond Pharmacy | $36,147 |
| Roger Eichberger | $34,100 |
| Tiger Town Food Center, LLC | $32,350 |
| Immanuel Lutheran Church | $25,369 |
| Gerald Stech | $25,162 |
| Kirk Weyhrich | $20,900 |
| Dan Timmerman | $20,833 |
| Andrew Stech | $20,833 |
| Steven R. Lind | $20,833 |
| Edwin Brummels | $20,833 |
| Lorenz Automotive | $20,833 |
| Jason R. Gubbels | $20,833 |
| Donald Huwaldt | $20,800 |
| Roger A. Blunck | $20,800 |
| 3-J Trucking, Inc. | $20,400 |
| Daniel Schmit | $19,612 |
| Marvin J. Krienert | $19,152 |
| Robert J. Wingert | $19,100 |
| Raymond J. Gubbels | $16,762 |
| Subco Plainview, LLC | $16,700 |
| Subco Crofton | $16,400 |
| Subco Battle Creek, LLC | $16,400 |
| Koehler Seeds, LLC | $13,428 |
| Rices Rides & Body Shop | $12,783 |
| Jonathan Stech | $11,563 |
| Gabriel Gubbels | $11,116 |
| Weyhrich Farms, Inc. | $10,500 |
| Bahr Farms, Inc. | $9,700 |
| Diamond K Construction, LLC | $9,311 |
| Little Tigers Daycare, LLC | $8,920 |
| Black Top, Inc. | $8,900 |
| Four Aces Dairy, LLC | $8,900 |
| Main Street Alley | $8,720 |
| Nicholas Krienert | $8,694 |
| Craig Dohmen | $8,653 |
| Ryan Gutz | $8,278 |
| Wayne Koehler | $8,200 |
| Osmond Processing | $8,162 |
| Marlin Gansebom | $8,125 |
| Marvin Stech | $7,855 |
| John N. Gubbels | $7,800 |
| Jared Wingert | $7,800 |
| Douglas Koehler | $7,200 |
| David Lubke | $6,400 |
| James Schmit | $6,272 |
| Altwine Electric Motors, Inc. | $6,272 |
| Todd Kumm Farm | $6,100 |
| Ronald Stech | $6,002 |
| Clark D. Vinson | $5,900 |
| Marlin Schmit | $5,871 |
| Cedar Feedots, Inc. | $5,800 |
| Joe W. Reikofski | $5,700 |
| Duane Gubbels | $5,694 |
| John Doerr | $5,400 |
| Larry M. Krohn | $5,300 |
| United Methodist Church of Osmond | $5,250 |
| David W. Blunck | $4,929 |
| Gregory Allen Kumm | $4,773 |
| Aschoff Auction Company, LLC | $4,600 |
| Carlin Krienert | $3,800 |
| Cig Farms, Inc. | $3,125 |
| Brian Krienert | $2,812 |
| Bolz Construction | $2,766 |
| Wattier Windmills | $2,700 |
| Brian Doerr | $2,700 |
| Precision Point, LLC | $2,665 |
| Melissa Doerr | $2,432 |
| Kaleb Eichberger | $2,300 |
| Tyler Wattier | $1,500 |
| Bette Gardner | $582 |
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