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 68864
| Name of Borrower | Current Approved Amount |
|---|---|
| Amazing Grains Farm | $124,212 |
| 3G Pipe and Steel, LLC | $97,400 |
| Gary Bader & Sons' Feedyard | $63,800 |
| Four Season Agent, Inc. | $47,500 |
| Firehouse Repair, LLC | $46,900 |
| J & T Valasek Farms, Inc. | $36,700 |
| Weller Farms | $28,900 |
| Lambert Ranch, Inc. | $27,500 |
| Shayne Bader Trucking, LLC | $26,600 |
| Blauhorn Law LLO, PC | $25,500 |
| Daniel Larson | $24,533 |
| Friedrichseen Seed & Feed, LLC | $24,100 |
| Palmer Veterinary Clinic, P.C. | $23,600 |
| Simonson Supply, LLC | $20,800 |
| Palmer Service Center, Inc. | $15,800 |
| Hake Agricultural Operations, LLC | $14,603 |
| Palmer Community Foundation, Inc. | $14,600 |
| Clay Forbes | $13,800 |
| Nick's Electric | $13,200 |
| William Blauhorn & Sons Trucking | $12,000 |
| Michael Bockmann | $10,705 |
| Valley Road Express | $10,500 |
| Benjamin Clifford Friedrichsen | $10,000 |
| Thrive Agent, LLC | $9,900 |
| Anthony Horton | $9,900 |
| Triple 'e' Trucking | $9,000 |
| Steakmakers, Inc. | $8,700 |
| Kenneth J. Knopik | $8,688 |
| Palmer Local Market, LLC | $8,600 |
| T L Trucking | $6,250 |
| Dubs Pub and Nite Crawlers | $5,700 |
| Bryan Friedrichsen | $5,592 |
| Country Boy Flooring, LLC | $5,100 |
| Shotkoski Enterprises | $4,823 |
| Danielle Cleaning Service | $3,900 |
| Tammy Erickson Counseling, LLC | $3,800 |
| Karina Johnston | $3,400 |
| Christe Eilers | $1,800 |
| Robb Smith | $1,610 |
| Srbushhousen Logistics, LLC | $1,540 |
| Jeff Friedrichsen | $676 |
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