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 54639
| Name of Borrower | Current Approved Amount |
|---|---|
| Zzip Stop, Inc. | $165,000 |
| Wild Rose Dairy, LLC | $149,000 |
| LA Farge Truck Center, LLC | $114,075 |
| Wisconsin Fermentation Company, LLC | $57,000 |
| Copper Forward Care, LLC | $28,480 |
| Drifty's Canoe Rental/ Kickapoo Paddle INN | $27,400 |
| Elsheimer Fur Company, LLC | $27,381 |
| Salem Ridge Flooring | $20,004 |
| Veteran Splicing, LLC | $17,700 |
| Dubco, Inc. | $17,082 |
| Phil and Deb's Town Tap | $15,705 |
| Douglas D. Weed | $14,795 |
| Dell LA Farge UMC Charge | $12,996 |
| Dunwald Logging | $11,250 |
| Small Family Farm CSA | $8,559 |
| Rose M Wels, D.D.S. | $7,670 |
| Attorney George C Wilbur, LLC | $7,240 |
| James Thimmesch | $6,036 |
| Sawmill Engineering Company | $5,260 |
| Chad Robinson | $4,672 |
| Miller Concrete and Carpentry, LLC | $4,194 |
| Driftless Folk School, Inc. | $3,270 |
| Vic's Tile & Stone | $3,173 |
| Tim Driese | $2,685 |
| Hansens Country Bakery, LLC | $2,175 |
| Kim Hanson | $2,095 |
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