The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| R&J Horse Sales, Inc. | $118,600 |
| The Pirates Den, LLC | $58,347 |
| The Black Hole Ice Shack, LLC | $44,675 |
| Heimbuch Farms | $38,557 |
| Roth's Riverside Farms, Inc. | $36,100 |
| Allan Kostrzewski | $29,211 |
| Allan Kostrzewski | $29,211 |
| Edward Bart | $21,965 |
| Esler Transport, LLC | $20,833 |
| Gary Kneisl | $20,833 |
| Michele Synder | $20,833 |
| Paul Kostrzewski | $20,833 |
| Kelly D. Lound | $20,833 |
| Shawna Drone | $20,833 |
| Paul Kostrzewski | $20,833 |
| Jesse Koskiniemi | $20,833 |
| Dennis Lindner | $20,833 |
| Jay Perius | $20,833 |
| Jason L. Johnson | $20,833 |
| Daniel J. Middendorf | $20,833 |
| Gary Beaver | $20,832 |
| James Runyan | $20,832 |
| Donald Johnson | $20,832 |
| Terry Perius | $20,832 |
| Timothy Richter | $20,832 |
| Bradley Kempe | $20,800 |
| Dougherty Farms, LLC | $20,800 |
| Austin Hovius | $20,800 |
| Youngbauer's, Inc. | $20,045 |
| Hay Creek Entertainment, Inc. | $19,618 |
| Matthew Ahrendt | $17,800 |
| Daren S. Peterson | $17,114 |
| Keri Weiher | $16,915 |
| Richard Thompson | $16,553 |
| Jared Forcier | $16,252 |
| Umland Construction, LLC | $14,770 |
| Joshua Hendershot | $14,403 |
| Michael Madsen | $14,287 |
| Kermit Line | $13,660 |
| Ryan Leonard | $13,537 |
| Virgil A. Schmidt | $12,825 |
| Keith Weiher | $12,770 |
| John Bertram | $12,432 |
| Brian Richter | $12,400 |
| Jacob Perius | $11,332 |
| Nathan Wiese | $10,693 |
| Mark S. Wiese | $10,547 |
| Nathan Bart | $10,535 |
| Thomas Roline | $10,500 |
| Ralph Miller | $10,317 |
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