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Friday, March 14, 2025

ZIP Code 68669: 24 PPP loans provided to small businesses in 2020

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There were 24 PPP loans provided to small businesses in 2020 in ZIP Code 68669, according to the US Small Business Administration.

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 68669

Name of BorrowerCurrent Approved Amount
Schmitt Equipment, LLC$52,300
Reznicek Electric, LLC$51,600
Star Farms$41,600
Michael & Jennifer White$40,145
JCPT, Inc.$36,205
All-Stalks, LLC$31,500
Union Farms, Inc.$31,000
Moore Farms Company$24,900
William & Amy Schmitt$22,057
Joseph A. Hruska$20,832
Scott Prochaska$20,800
Bernie Eickmeier$20,643
Mark Joseph Hruska$20,010
David P. Richert$19,742
Thomas M. Otte$15,000
Hayek Poured Walls, LLC$13,367
L & I Farms, Inc.$13,082
BKD, LLC$10,000
Klement Electric, Inc.$9,180
K & K Repair$8,165
Bruce Bohuslavsky$8,100
Peter Sawatzky$5,909
Spencer Thulin$4,200
Jon and Angie White$630

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