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 54631
| Name of Borrower | Current Approved Amount |
|---|---|
| Building Automation Products I | $1,311,300 |
| HVB ICF Contractors, Inc. | $128,282 |
| Sunrise Orchard, Inc. | $113,300 |
| Geo. Brockway & Sons, Inc. | $95,000 |
| Olson Feed Service, Inc. | $73,347 |
| KD Partners, Inc. | $73,000 |
| Living Property Services, LLC | $42,287 |
| Showen Construction & Excavating, LLC | $39,700 |
| Hillcrest Orchard and Land Company, LLC | $35,500 |
| Kickapoo Orchard, Inc. | $31,300 |
| Donald J. Boland | $26,160 |
| D & T Pump & Well Service | $19,590 |
| TNT Gymnastics, LLC | $19,000 |
| Thomas Kearns | $18,844 |
| Apple Valley Veterinary Clinic | $18,775 |
| Wedeberg Farms, Inc. | $15,415 |
| Community Conservation, Inc. | $13,800 |
| Pastorino Family Care Agency, LLC | $12,040 |
| Crawford Stewardship Project, Ltd. | $11,500 |
| Childs Valley Farms, Inc. | $9,300 |
| Bad Flip Productions, Inc. | $8,791 |
| Great River Holdings, Inc. | $7,500 |
| Nathaniel Gander | $6,700 |
| Babb Real Estate, LLC | $6,000 |
| Driftless Design, LLC | $5,800 |
| Kevin P Crowley | $5,400 |
| Lee Ann Bankes | $5,387 |
| Kickapoo Exchange Natural Foods Company-Operative | $5,200 |
| Lanas Family Hair Care | $4,200 |
| Robert Allan Trucking | $3,500 |
| Chad A. Sime | $3,105 |
| Harrell Contracting, LLC | $2,800 |
| Swiggum Brothers Construction | $2,600 |
| Babb Murphy Horse Ranch, LLC | $1,100 |
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