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 |
|---|---|
| MJM Holdings, Inc. | $1,034,507 |
| Central Iowa Fencing, Ltd. | $274,489 |
| Orilla Chicken Company, Inc. | $223,299 |
| Henrichsen Electric, LLC | $137,265 |
| Von DRE Fine Carpentry, LLC | $53,500 |
| Hinch Company, Inc. | $31,087 |
| JP&D Farms, Inc. | $23,170 |
| Jeremy Lynch | $20,833 |
| Bradley Brown | $20,833 |
| Robert Newbury | $20,833 |
| Steven Swackhammer | $20,833 |
| James Kean | $20,833 |
| Damir Keserovic | $20,833 |
| Paul King | $20,833 |
| Vernon Flinn | $20,833 |
| Josh Lynch | $20,833 |
| Kyle Bettis | $20,833 |
| Nicholas Cain | $20,833 |
| James Bell | $20,833 |
| Jeff King | $20,833 |
| Miller Auto Body & Paint, LLC | $20,833 |
| Troy Vogel | $20,833 |
| Nicholas Cain | $20,833 |
| Kelly Flinn | $20,830 |
| Christopher Sobolik | $20,830 |
| Dustin Svec | $19,591 |
| John Kean | $19,583 |
| Teri Formanek | $19,425 |
| Megan Temme | $18,995 |
| Brett Blanchfield | $17,365 |
| Richard Hanrahan | $17,285 |
| Rodney Good | $15,625 |
| Brent Highfill | $14,343 |
| Daniel Hanrahan | $14,143 |
| Brent Highfill | $14,078 |
| Betterlife Enterprises, LLC | $12,880 |
| Alan Stockwell | $12,500 |
| Jered Holker | $12,257 |
| Jawna Harris | $11,401 |
| Felix Weaver | $9,734 |
| Felix Weaver | $9,734 |
| Property Management of Iowa, LLC | $8,290 |
| Snakebyte Technologies, LLC | $8,130 |
| Chase Duesenberg | $7,825 |
| Lurleen Kennedy | $7,610 |
| Rebecca Newbury | $5,700 |
| Donald Cain | $5,545 |
| Craig Boelling | $3,902 |
| Prickett Enterprises, LLC | $3,505 |
| Kent Miller | $3,282 |
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