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 |
|---|---|
| Dunkerton Cooperative Elevator | $379,780 |
| Crane Creek Contracting, LLC | $46,850 |
| Thomas James, LLC | $36,912 |
| Everlast Car & Truck, Inc. | $34,219 |
| Stoutland Farms, Inc. | $28,900 |
| Trent Jason Zuck | $20,833 |
| Sadler Farms | $20,833 |
| Danny Stickfort | $20,833 |
| Terry Kalenske | $20,833 |
| Randall Rigdon | $20,833 |
| Robert Hansen | $20,833 |
| Toneff Farms, LLC | $20,833 |
| Gordon Kalenske | $20,833 |
| Adam Anderson | $20,833 |
| Kenneth Kass, Inc. | $20,833 |
| Dennis Bader | $20,833 |
| Joseph Fettkether | $20,833 |
| Dean Weber | $20,833 |
| James McIntosh | $20,833 |
| Jon Widdel | $20,833 |
| Thomas Delagardelle | $20,833 |
| Steven Ehr | $20,833 |
| Trapper Kienast | $20,833 |
| JM Construction Services, LLC | $20,833 |
| Melvin Sadler | $20,833 |
| Devere Lindquist | $20,833 |
| Teresa Miller | $20,833 |
| Russell Zuck | $20,833 |
| Hawkeye Star Farms, Inc. | $20,833 |
| Justin E. Zuck | $20,833 |
| William Delagardelle | $20,833 |
| Michael Rathe | $20,832 |
| Wade Olson | $20,832 |
| Mitchell Matthias | $20,832 |
| James Fettkether | $20,832 |
| Wade Olson | $20,832 |
| Allan Rathe | $20,832 |
| James Fettkether | $20,832 |
| Chad L. Toneff | $20,712 |
| Lisa Shook | $20,318 |
| Nate Miller | $19,098 |
| Christopher Forsyth | $18,100 |
| Christopher Forsyth | $18,100 |
| Sean Anderson | $17,753 |
| Joe Stafford | $17,235 |
| Lyle McIntosh | $17,205 |
| Teylor Trent | $16,561 |
| Kajewski Farms, Inc. | $15,389 |
| Russell Wright | $13,952 |
| Dale Moeller | $13,455 |
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