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 |
---|---|
EAU Claire Energy Cooperative | $495,000 |
Marilyn Whirlwind Touring, Inc. | $380,100 |
Mail Source, Incorporated | $245,881 |
Krenz Trucking, Inc. | $216,700 |
Friends of Beaver Creek Reserve, Inc. | $96,761 |
Bank Management, LLC | $79,221 |
Northwest Grain Equipment, LLC | $79,100 |
Wergedal Electric, Inc. | $73,100 |
Fall Creek Dental School | $70,200 |
April Base, LLC | $65,339 |
St. Paul's Lutheran Church | $58,232 |
Jy Collision Center, LLC | $58,200 |
CVG, LLC | $50,700 |
Kinderman Plumbing, LLC | $47,370 |
Marlin Media, LLC | $46,425 |
Kadlec Plumbing | $40,885 |
Switzer Investments, LLC | $40,100 |
Fall Mart, LLC | $35,100 |
Korner Store, LLC | $35,100 |
Hayward Family Eye Care, Inc. | $32,400 |
Chicken Chasers Bar & Grill, LLC | $30,402 |
Irra Gator, LLC | $29,500 |
All the Dirt Racing News, Inc. | $28,500 |
Fall Creek Chiropractic, Inc. | $22,700 |
Brackett Tavern, LLC | $21,600 |
MG Publishers Group, LLC | $21,400 |
Bochman Consulting, LLC | $20,800 |
Joseph M Sanfelippo, LLC | $20,800 |
Chippewa Valley Home Inspections, LLC | $20,800 |
Schumacher Ventures, LLC | $18,200 |
St. James Trinity Lutheran Church | $16,500 |
Geske Farms | $16,230 |
Walker Auto Net, LLC | $15,800 |
Dokk Transfer, LLC | $15,700 |
Daniel J. Von Haden | $14,800 |
Magnolia Team | $14,600 |
Todd & Mary Stanek | $13,300 |
Shaun Koenig Logging, LLC | $12,815 |
Schmidt Builders | $12,100 |
Something Creative | $12,035 |
Stacy at Elements Salon Studios, LLC | $11,600 |
St. Raymond Parish | $11,300 |
Sneezing Cow, Inc. | $10,800 |
Rest Assured Bargains | $8,900 |
Otto Enterprises, LLC | $8,600 |
Gafs, LLC | $7,200 |
Janemarie K. Brown | $7,000 |
Rodell Tow and Recovery, LLC | $6,500 |
Precision Architectural Metals, LLC | $6,410 |
William D. Rauckman | $6,250 |