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 |
|---|---|
| Roman Air, LLC | $250,000 |
| Allied Machine & Tool, Inc. | $128,242 |
| Tujax, Inc. | $66,841 |
| Lasertron, Inc. | $50,435 |
| Building Dreams Construction, LLC | $50,157 |
| Robert Blesch | $49,773 |
| Zero Day, Inc. | $43,457 |
| Tamara Pennington | $40,407 |
| Frontline Maintenance & Services, LLC | $35,625 |
| American Precision 3-D, LLC | $33,976 |
| Grove Street Cafe, LLC | $32,518 |
| Circle Pines Center | $31,675 |
| Gofco, LLC | $28,347 |
| Cedar Creek Flooring Corporation | $22,942 |
| Christy Tigchelaar | $21,500 |
| William Ferris | $20,833 |
| Shawn McArthur | $20,833 |
| Benjamin Clark | $20,833 |
| Crickethoward | $20,833 |
| Diana L Huffman | $20,783 |
| Carpenter Hauling, LLC | $20,632 |
| Corson-Dykstra Trucking, Inc. | $20,004 |
| Donovan Scott | $16,985 |
| Justin Neel | $15,762 |
| Rebecca Jones | $15,126 |
| Lyons Septic Tank Service in | $14,875 |
| Savannah Hatfield | $14,771 |
| Christine Merryweather | $13,600 |
| John Z. Carpenter | $13,302 |
| Janice Ann Hawthorne | $13,100 |
| Troy Wilson | $12,733 |
| Travis Ferris | $12,345 |
| Faith Ferris | $11,924 |
| Jenna Corson | $11,264 |
| Gregory Gay | $10,706 |
| Horn Creek Pub, LLC | $10,575 |
| Dayton Dimond | $10,208 |
| Shaeffer Handyman Services, LLC | $9,527 |
| Kyle B. Aukerman | $9,358 |
| Toby Ferris | $8,195 |
| Jessica Slager | $8,125 |
| Cella's Painting & Color Consulting, LLC | $7,975 |
| Horn Creek Pub, LLC | $7,553 |
| Charles Miller | $7,450 |
| Dayton Dimond | $7,383 |
| Asylum Antiques, LLC | $6,382 |
| Roland L. Ferris | $6,250 |
| Roslyn Christiansen | $5,849 |
| Daniel Drum | $5,200 |
| Daniel Drum | $5,200 |
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