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 68786
| Name of Borrower | Current Approved Amount |
|---|---|
| Carlson Home and Auto, Inc. | $134,000 |
| Wausa Leisure Living, LLC | $69,400 |
| Wausa Lockers, Inc. | $67,000 |
| Clausen Concrete Co. | $44,100 |
| Craig Vanness Farm | $41,600 |
| RJ West Farms, LLC | $36,925 |
| K/V Electric, LLC | $34,600 |
| OK Concrete Construction, Inc. | $28,900 |
| Tony Kumm | $28,656 |
| Main Street Grocery, Inc. | $28,300 |
| Elite Diesel and Automotive Repair, LLC | $28,143 |
| Gary Strivens Farm | $27,400 |
| Bloomfield-Wausa Recreation Area, Inc. | $26,000 |
| Darrell Kleinschmit | $23,255 |
| Terry Nelson CPA, PC | $22,900 |
| Milton Ober | $22,607 |
| David Kleinschmit Farm | $22,500 |
| Michael Kumm Farm | $21,600 |
| Tyler Moes | $21,569 |
| Circle J Farms, Inc. | $20,900 |
| Rodney Banks Farm | $20,800 |
| David Strivens Farm | $20,800 |
| C 1 Lindquist Farms, Inc. | $20,800 |
| Michael Nissen | $20,700 |
| Luke Kumm | $20,614 |
| Scott L. Hauger | $20,000 |
| Bloomquist Plumbing and Electric | $19,300 |
| Roger's Auto | $17,600 |
| Arlynd Johnson Farm | $17,500 |
| Magnet Transportation Company, LLC | $16,901 |
| Bryan Knox | $15,704 |
| Wausa Motor Service | $15,300 |
| Tabor Tots Child Care Center, LLC | $14,900 |
| Greg D. Kuhlman | $14,700 |
| Guy Anderson Farm | $14,500 |
| Thabor Luthern Church | $13,400 |
| Neal Seagren Farm | $12,900 |
| Wausa United Methodist Church | $12,700 |
| Anthony Goeden Farm | $12,600 |
| Delwyn Hennings Farm | $11,600 |
| Phillip Doerr | $11,350 |
| Dawson Carriers, LLC | $10,200 |
| Burns Construction | $9,900 |
| Derek D. Cunningham | $9,389 |
| Don C Pfeil and Associates, Inc. | $9,100 |
| Myron Kumm | $8,993 |
| Brett Carlson Farm | $7,900 |
| 3D Recycling, LLC | $7,700 |
| Matthew Blunck | $7,400 |
| Laverne Hauger | $7,300 |
| Joel Suhr | $7,200 |
| Viking Lumber, Inc. | $7,000 |
| Massage by Candice | $6,700 |
| Uptown Beauty | $5,600 |
| Loren Lauck Farm | $4,800 |
| Dennis Gillilan Farm | $4,000 |
| Johnson Land Management, LLC | $3,800 |
| Eldorado, Inc. | $3,700 |
| Bill's Place | $2,580 |
| Leonard Kleinschmit | $2,569 |
| Adam Kleinschmit Farm | $2,500 |
| Troy Johnson | $2,500 |
| Daniel Kleinschmit Farm | $2,200 |
| Aidan Kleinshcmit Farm | $2,200 |
| Danny Scholte Farm | $2,000 |
| Brady Folck | $1,255 |
| Banks Farm | $1,200 |
| Carla Wilken Daycare | $1,100 |
| Kathleen Hennings | $990 |
| Douglas D. Kristensen | $732 |
| Karen's Beauty Shop | $700 |
| Curtis Hennings | $380 |
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