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 54646
| Name of Borrower | Current Approved Amount |
|---|---|
| Marquis Energy-Wisconsin, LLC | $737,200 |
| Mitotec Precision, Inc. | $724,000 |
| Cranberry Creek Cranberries, Inc. | $371,400 |
| Rose Valley Homes, LLC | $140,056 |
| Deer Path Assisted Living, Inc. | $103,300 |
| Remington Cranberry Company, LLC | $72,700 |
| Coast to Coast Transporters, LLC | $58,249 |
| Petenwell Industries, LLC | $47,788 |
| Glavinsured Agency, Inc. | $47,500 |
| Smelcer Enterprises, Inc. | $40,272 |
| C. J. Karas of Necedah, S. C., D.D.S. | $30,062 |
| Catholic Word, LLC | $29,305 |
| Concept Printing Company, Inc. | $27,902 |
| Mix-Tek WI | $25,000 |
| BV Entities, LLC | $24,489 |
| Joe's Auto Service | $24,200 |
| Buckhorn Store, LLC | $19,180 |
| Accratech, Inc. | $18,500 |
| Cardinal Automotive, Inc. | $16,500 |
| Beaver Creek Cranberry, LLC | $16,500 |
| Grandpra's Trucking, LLC | $15,338 |
| Organic Sediment Removal Systems, LLC | $14,800 |
| Mapco, Inc. | $13,400 |
| Whitetail Cranberry, Inc. | $11,977 |
| Bohica's Pub and Grub | $11,816 |
| J&M Trucking, LLC | $11,442 |
| Natures Heat, LLC | $9,877 |
| Blank Chapman, LLC | $8,510 |
| Alpine Metal Fabrication, LLC | $5,470 |
| Suite Seven Hospitalities, Inc. | $5,213 |
| Beata Zimon Real Estate | $5,155 |
| Buckhorn Hardwoods, LLC | $4,180 |
| SHE Barber | $3,750 |
| Murphys Magic Mirror | $3,407 |
| Throttle out Marine and Powersports | $3,290 |
| Kraus Farms | $2,832 |
| PM Murphy Manufacturing Consulting, LLC | $2,500 |
| Main Street Cafe | $2,328 |
| Cornwell Tools | $2,278 |
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