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 65682
Name of Borrower | Current Approved Amount |
---|---|
S + H Farm Supply, Inc. | $1,866,900 |
Prairie Mountain, Inc. | $880,800 |
Lockwood Packing Company, LLC | $159,600 |
Lockwood Farmers Exchange | $156,600 |
Oak Ridge Shavings, Inc. | $133,900 |
T & B Welding & Trailers, LLC | $125,000 |
Kerr Millwork Corporation | $84,385 |
Kodiak Trailers, LLC | $84,100 |
Immanuel Evangelical Lutheran Church, Missouri Synod, of Loc | $83,900 |
William C Stefan JR. | $81,800 |
Coose Trailer Manufacturing Company, Inc. | $76,000 |
Wayshire Farms, LLC | $67,600 |
Kluhsman Machine, Inc. | $53,600 |
Trevon Ogden | $52,100 |
Hedeman Farms, Ltd. | $47,336 |
Mike S. Pittsenbarge, CPA, LLC | $44,900 |
LLCnstruction Limited Liability Company | $43,000 |
BSW Waste Services, LLC | $40,900 |
Transportation Authority, LLC | $40,000 |
Warren Grain & Cattle, LLC | $35,555 |
Pump N Pantry of Lockwood, LLC | $33,200 |
Holman Insurance Agency, LLC | $30,200 |
Evans Drugs Lockwood, LLC | $28,745 |
Town & Country Tire | $25,600 |
Jeff Nentrup | $21,333 |
Allen Quarries, LLC | $21,307 |
Eric Allison | $20,833 |
Thomas W. Mehl | $20,833 |
Drew Warren | $20,832 |
Leland Eggerman | $20,832 |
Mos Propane, LLC | $17,700 |
Jennifer Thieman | $16,833 |
Ogden Expert Witness | $16,700 |
Merle Schnelle | $16,700 |
Bruce R Townley Insurance, LLC | $16,300 |
Timothy Eggerman | $15,095 |
KBC Lockwood, LLC | $14,700 |
R & L Hardware, LLC | $14,400 |
Warren Agri Products, LLC | $13,515 |
Ogden Angus Ranch, LLC | $12,900 |
William Stefan III | $11,100 |
Milton McDonald | $10,900 |
Doris J. Niehoff | $10,900 |
Lockwood Enterprises, LLC | $10,800 |
Frank's VW Tdi's, LLC | $10,200 |
Landon L. Eggerman | $9,996 |
Harold Nentrup | $8,975 |
Seth Meinzen | $8,672 |
Hong Kong Palace | $8,200 |
Hawks Farms Trucking, LLC | $5,871 |
Rader's Store, LLC | $5,400 |
Ce Kamp, LLC | $5,100 |
Michel G. Singleton | $4,900 |
Charles Farmer | $4,300 |
Queen Construction | $4,300 |
Quantum Athletics, LLC | $4,200 |
Vickie Warren | $3,880 |
Lee E. Eggerman | $3,246 |
Darren W. Gallup | $3,171 |
Tracy Lasater | $2,131 |
Ryan Wilkinson | $1,408 |