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 54623
| Name of Borrower | Current Approved Amount |
|---|---|
| Industrial Heat Transfer, Inc. | $261,140 |
| MT. Borah Designs, LLC | $255,600 |
| Krause Konstruction Company | $153,900 |
| Chaseburg Manufacturing, Inc. | $87,200 |
| Hess Excavating, Inc. | $74,400 |
| Property One Lax, LLC | $66,955 |
| Coon Valley Chiropractic School | $48,600 |
| The Stockyard Grill and Saloon | $48,500 |
| Koon Kreek Feeds, Inc. | $44,500 |
| Seland's, Inc. | $39,372 |
| Norskedalen Nature & Heritage Center | $38,200 |
| Legacy Grill & Pub, LLC | $27,200 |
| Berger Plumbing, LLC | $20,985 |
| Greg Carey Construction, LLC | $20,833 |
| Whitetail Habitat Solutions, LLC | $20,832 |
| Leuther Laboritories, LLC | $20,132 |
| Valley Market, LLC | $19,434 |
| The Stockyard Grill and Saloon, LLC | $18,600 |
| Seland Funeral Home, Inc. | $17,500 |
| Mallory S Beinborn | $16,252 |
| Jolinco, LLC | $15,530 |
| Rundahl Ranch, Ltd. | $14,413 |
| D Bean, Ltd. | $14,000 |
| Coon Valley Tax Service | $12,888 |
| The Valley Craftsmen, LLC | $12,527 |
| St. Mary Parish | $12,103 |
| Patrick Popowich | $9,905 |
| Pete's Sweets and Treats, LLC | $8,351 |
| Coon Valley Candy Company, LLC | $7,600 |
| Coon Creek Auto Repair, LLC | $6,892 |
| Skyblue, LLC | $6,880 |
| Gerald H. Faas | $6,592 |
| Nicholas Krause | $4,740 |
| Daniel Sebranek | $4,043 |
| The Mane Attraction | $3,740 |
| Lusk Scandia Woodworks | $3,200 |
| Joseph P. Hammes | $3,000 |
| Brooke Muenzenberger | $2,402 |
| Randal Muenzenberger Farm | $1,000 |
Alerts Sign-up