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 68779
| Name of Borrower | Current Approved Amount |
|---|---|
| Wilke Farms, Inc. | $273,000 |
| Lanz Trucking | $200,000 |
| Maas Feedlot | $131,250 |
| Campbell-Eberly Insurance, LLC | $71,484 |
| Directional Zone, Inc. | $71,280 |
| Kuehn's Auto Body | $41,576 |
| B&B Grain & Livestock Farms, Inc. | $33,484 |
| RSJ Vogel Construction, LLC | $31,854 |
| Luedeke Oil Company, Inc. | $30,200 |
| Con E. Bernbeck | $29,838 |
| Stanton Subway, Inc. | $28,000 |
| CLS Veterinary, PC | $26,962 |
| DMKM, LLC | $25,000 |
| L & J Express, Inc. | $24,000 |
| Tomka Trucking, LLC | $23,500 |
| Teeco, Inc. | $21,336 |
| St. Johns Evangelical Lutheran Church | $21,106 |
| Robert E. Brandl | $20,833 |
| John Vaught | $20,800 |
| Cook's Trucking | $20,800 |
| Dennis D. Timperley | $17,500 |
| The Uptown, Inc. | $16,646 |
| Johnson's Ornamental Iron, LLC | $16,000 |
| Novotny Trucking, LLC | $13,500 |
| Mathis Enterprises Incorporate | $13,500 |
| HHC Premier Builders, LLC | $12,129 |
| Bruhn Electric | $12,000 |
| Donald E Frank, LLC | $11,800 |
| P & B Feed Service | $11,500 |
| Boelter Farm Repair, LLC | $10,800 |
| Willow Creek, Inc. | $10,600 |
| Stender Family Chiropractic, P.C. | $10,579 |
| Hillside Repair, Inc. | $10,418 |
| Veterans of Foreign Wars Post 3602 | $9,682 |
| Green Stripe, LLC | $9,627 |
| Cowboy Construction | $9,581 |
| Faith Evangelical Lutheran Church | $9,500 |
| Carroll Farms Partnership | $9,427 |
| Jarrell Webster | $9,198 |
| Double F Farms | $7,800 |
| Martin F. Schwartz | $5,905 |
| Michael M. Marotz | $5,800 |
| Jensen Construction D. T., Inc. | $5,600 |
| Double Creek Farms, Inc. | $5,500 |
| New England Congregational Church | $5,000 |
| Thomas Klug | $4,922 |
| L4 Hardware, LLC | $4,829 |
| Clint Frerichs | $4,000 |
| St. Peter's Church of Stanton Company | $3,700 |
| Zmolek Construction | $3,300 |
| Voborny Horseshoeing & Leather | $3,200 |
| Lori Webster | $3,160 |
| Bobbi's Salon | $1,419 |
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