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 68771
| Name of Borrower | Current Approved Amount |
|---|---|
| Randolph Farm Supply, Inc. | $135,900 |
| Jerry's Hilltop, LLC | $84,000 |
| Nenf, LLC | $54,300 |
| Rollin' Coal Trucking, LLC | $45,500 |
| Cardinals Child Development Center, Inc. | $38,902 |
| US 20, LLC | $38,509 |
| Ryan Brodersen | $35,700 |
| Rodney & Carmen Patent | $35,000 |
| Wattier, Inc. | $33,575 |
| Dewey Gubbels | $29,400 |
| Di Services, LLC | $28,500 |
| Lewon's Taxidermy | $28,100 |
| Villwok Farms | $24,700 |
| Larry Korth | $20,833 |
| Ricky Korth | $20,833 |
| Matthew Nordhues | $20,800 |
| James J. Kuchta | $20,800 |
| Walton Trucking, LLC | $20,800 |
| Timothy Korth | $20,500 |
| Cedar Creek Trucking, LLC | $19,642 |
| Thieman Electric | $17,995 |
| Haselhorst Enterprises, Inc. | $16,700 |
| St. Francis Catholic Church | $16,200 |
| Mark Linville | $15,300 |
| Warren Brunssen | $14,900 |
| Loren Haselhorst Farm | $14,800 |
| Patent Electric, Inc. | $14,000 |
| Gregory Robinson | $14,000 |
| Bruce R. Tunink | $13,343 |
| Paul and Corinne Schmit Farm | $13,300 |
| Schmit Home Solutions, Inc. | $13,200 |
| Clayton McDonald | $12,900 |
| Joshua Lee Kuchta | $12,800 |
| Jeffrey Thies | $12,500 |
| Roadside Farms, Inc. | $12,300 |
| Lindquist Agency, Inc. | $12,200 |
| Dean & Cami Asmus | $11,600 |
| Nathan Gubbels | $11,520 |
| Olson Trucking | $11,287 |
| Randy T. Korth | $10,958 |
| St. Johns Lutheran Church | $10,890 |
| Billerbeck Construction | $9,792 |
| Paul Loberg Welding | $9,394 |
| William and Sindee Schmit Farms | $9,040 |
| Winkelbauer Repair, Inc. | $8,900 |
| Daniel Bach | $8,309 |
| Kessler Repair, LLC | $8,125 |
| Billy Gubbels | $7,595 |
| Steven Thies | $7,400 |
| Tyler Tunink Trucking | $7,039 |
| Strathman Farms, LLC | $7,020 |
| Michael Korth | $6,900 |
| Gary Haselhorst | $6,700 |
| Shear Image | $6,700 |
| Studio 103 | $6,183 |
| Greg Meyer | $6,000 |
| Anthony Gubbels | $5,905 |
| Villwok Trucking, LLC | $5,800 |
| Dennis J. Backer | $5,400 |
| Kendall Kuhl | $5,000 |
| Janssen Construction, Inc. | $4,750 |
| Leiting Farms, Inc. | $4,500 |
| Sams Hardware, Inc. | $4,420 |
| Jordan Meyer | $3,800 |
| Eugene F. Sullivan | $3,581 |
| Mitchell Hokamp | $3,400 |
| Bermel Farms Management, LLC | $3,270 |
| Gregory Thies | $3,200 |
| Marcus Papenhausen | $3,107 |
| Roger L. Meyer | $2,900 |
| Nordhues Farms Partnership | $2,900 |
| Clint Weyhrich | $2,800 |
| Edward Huwaldt | $2,800 |
| IN Gods Hand Kennel, LLC | $2,584 |
| Donald E. Jorgensen | $2,477 |
| Cory's Body & Paint | $2,300 |
| Belden Lumber | $2,072 |
| Kent Kruger | $2,000 |
| Michael E. Schmit | $1,977 |
| Kelly Gubbels | $1,400 |
| Kathleen Weyhrich | $1,300 |
| Jeri Gubbels | $1,184 |
| Remodeling Pros | $1,000 |
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