The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Name of Borrower | Current Approved Amount |
---|---|
Royal Basket Trucks, Inc. | $1,049,639 |
Dutton Welding & Millwright Services, Inc. | $620,825 |
Farm City Elevator, Inc. | $618,200 |
Bliss Machine Limited | $224,173 |
JR Schuster, LLC | $108,309 |
T-K Agent Works, LLC | $99,088 |
Walter and Son Waste Hauling, LLC | $81,500 |
Special Methods in Learning Equine Skills, Inc. | $47,823 |
Wisconsin Electrical Specialist, Inc. | $42,159 |
Scott Trucking Company, Inc. | $40,600 |
Sunrise Gardens, LLC | $34,677 |
Armor Exteriors, LLC | $31,667 |
Trae Fleming | $28,000 |
Samuel Brummel | $27,965 |
Alice Davis | $24,591 |
J. D. Associates, Inc. | $21,000 |
Lowell Gause | $20,833 |
Joshua Cabino | $20,833 |
Jerry Tremaine | $20,833 |
Fletcher Family Farm, LLC | $20,833 |
Joshua Dutton | $20,833 |
Daniel Schutt | $20,833 |
John Brovold | $20,833 |
Brian Gunnink | $20,833 |
Sandra Anerson | $20,833 |
Matthew Rehberg | $20,832 |
Robert Hahn | $20,832 |
Christopher Ryan | $20,832 |
Kurt Zipp | $20,832 |
Dennis Ames | $20,832 |
Trae Fleming | $20,000 |
Arthur Fletcher | $19,852 |
Irving Araoz Trejo | $19,337 |
Kim Enterprises, LLC | $17,750 |
Leons Sports Bar and Grill, LLC | $17,285 |
Anthony P. Schauer | $15,132 |
Russell Anclam | $13,184 |
Steven Roehl | $12,944 |
Ryan Roehl | $12,944 |
Educational Marketing Services | $12,635 |
Tina Heinrich | $11,105 |
Emmerich Machine Design, LLC | $10,258 |
Deborah Schaab | $9,276 |
Cobb Carpentry, LLC | $9,162 |
Lee Schramski | $8,257 |
James Brovold | $8,019 |
Brink Real Estate, LLC | $7,500 |
Justin Monty | $7,465 |
Lee Schramski | $7,210 |
Jennifer Cunningham | $7,013 |