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Friday, March 14, 2025

PPP loans: 20 loans in 2020 in ZIP Code 68835

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There were 20 PPP loans provided to small businesses in 2020 in ZIP Code 68835, 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 68835

Name of BorrowerCurrent Approved Amount
TRI County Sand & Gravel, Inc.$45,000
Rasmussen Land & Cattle, Inc.$39,500
Wells Brothers Partnership$35,617
Errol Wells$26,705
Randall Smith$20,832
Wilson River Bottom Express, LLC$18,350
Gary L. Hamilton$17,135
Marvin Poss$14,192
Gale Lassen$12,900
Malmstrom Agronomics, Inc.$12,515
Sun Valley Farms, Inc.$11,600
Classic Cuts$9,240
Morris Plumbing, Inc.$9,100
Wolinski Hay, Inc.$8,630
Charlies Station of Elba$8,000
Lloyd Pearson$5,967
Galen Poss$5,512
James M. Beeler$5,130
Lucas Emil Wolf$4,287
Arlin Warkentin$3,257

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