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 68783
| Name of Borrower | Current Approved Amount |
|---|---|
| Herbert Feed and Grain, Company | $404,735 |
| Alpine Village Retirement Center | $332,900 |
| Kenneth Tusha R. Dda | $47,200 |
| Tom's Family Foods, LLC | $44,100 |
| Verdigre Stockyards | $40,487 |
| Vakoc Excavating, LLC | $38,800 |
| Schreier's Lumber Company, Inc. | $35,700 |
| Alpine Village Community Daycare | $33,600 |
| Duke Chohon | $29,330 |
| Verdigre Farm Service, LLC | $28,304 |
| Sucha Repair | $21,447 |
| Pease Heating & Plumbing, Inc. | $20,833 |
| Kirklyn D. Nielsen | $20,800 |
| St. Wenceslaus Church of Verdigre | $18,100 |
| Bartos Angus, LLC | $16,700 |
| Dave Lurz Concrete | $16,400 |
| Zimmetal and Welding | $15,000 |
| Jedlicka's Hardware, Inc. | $13,100 |
| Greg Johnson | $9,100 |
| Wendell Rohrer | $8,400 |
| Gayle Johnson | $7,800 |
| David Lurz | $7,550 |
| Verdigre United Methodist Church | $7,200 |
| Dado Enterprise, LLC | $7,000 |
| TSX, Inc. | $5,655 |
| Cozy Corner Cafe | $5,237 |
| Jh Tree Removal | $4,700 |
| David Johnson | $4,100 |
| The Verdigre Eagle | $3,800 |
| Sokol Electric | $3,300 |
| David Frank Farms, LLC | $3,300 |
| Jenny's Cut Above & Fouette Dance Studio | $2,500 |
| Paige Albin Daycare | $2,237 |
| Renew Salon | $1,400 |
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