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Tuesday, November 26, 2024

2020: 15 PPP loans provided to small businesses in ZIP Code 65752

Innovation

There were 15 PPP loans provided to small businesses in 2020 in ZIP Code 65752, according to the US Small Business Administration.

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 65752

Name of BorrowerCurrent Approved Amount
Walters Tri-Bar Ranch, Inc.$31,405
Joshua Spain$27,300
Bear Paw Creek, LLC$26,507
Baker and Spain Land and Cattle, LLC$21,900
Marc Allison$20,833
Stephen E. Allison$20,833
Carl Carlin$20,832
Honey Creek Livestock Equipment, LLC$20,475
Benjamin Banta$10,400
Roark Cattle, LLC$9,545
Warm Creations$6,780
Adam T. Whitesell$4,800
Jason Roark$4,065
Willie Guy Niehoff$3,300
First Impression Salon$1,100

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