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Friday, November 22, 2024

28 PPP loans provided to small businesses in 2020 in ZIP Code 65769

Innovation

There were 28 PPP loans provided to small businesses in 2020 in ZIP Code 65769, 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 65769

Name of BorrowerCurrent Approved Amount
Hillhouse Services, Inc.$214,600
Heller Heat and Air, Inc.$80,100
Chris Vaught Construction, LLC$57,800
Castaway Animals Rescue Effort$48,000
Wilson & Sons Hardwood Flooring, LLC$38,700
Guanajuato Mexican Store & Restaurant, LLC$23,500
Holy Trinity Catholic Church$22,300
Abe Sherwood Services$20,833
Andrew Johnson Welding, LLC$20,800
JJ Sumners Construction, LLC$18,800
B & K Farm of Southwest Missouri, LLC$16,400
Kenneth Jones$12,300
D & B Farms of Verona, LLC$9,600
Stebler Farms, Inc.$8,400
Wilson's Cleaning Service, LLC$8,300
Showmetj, LLC$7,900
Todd Exteriors, LLC$7,700
Mary Deatherage$6,700
Lacy Waechter$6,477
Depriest, LLC$5,200
Popa Good Samaritan Services, LLC$5,000
Aaron Albrecht$4,648
Wrightvale Farm$4,445
Supermoon Graphics$3,900
S & S Masonry$3,800
Kevin Arnold$3,700
T-N-T Reed Farms, LLC$2,500
Castor Distributing$1,400

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