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 56220
| Name of Borrower | Current Approved Amount |
|---|---|
| Canby Farmers Grain Company | $354,927 |
| Jims Super Valu of Canby, Inc. | $182,007 |
| Canby Drug and Gift, Inc. | $127,677 |
| Kockelman Construction, Inc. | $108,400 |
| Canby Developmental Achievement Center | $101,812 |
| St. Peter Church | $67,154 |
| Cleveland Chevrolet, Inc. | $63,060 |
| Gzorkio's, Inc. | $62,177 |
| Eischens Agnecy, Inc. | $51,674 |
| H. C. Birk, Inc. | $51,200 |
| Scott Verhelst Trucking, Inc. | $49,823 |
| Spud's One Stop, Inc. | $41,770 |
| Anhalt Plumbing and Heating, Inc. | $41,700 |
| Cas Plumbing and Heating, Inc. | $40,580 |
| Moberg Meat Center, Inc. | $40,468 |
| Rob Hill Farms, Inc. | $38,200 |
| Ourada Insurance Agency, Inc. | $36,200 |
| Verhelst Brothers | $35,710 |
| Independent Oil & Sports, LLC | $34,091 |
| Nancy M Bormann P. A. | $32,964 |
| Canby INN and Suites, LLC | $32,245 |
| Citrowske Farms Partnership | $29,700 |
| Michael Lee Anhalt | $28,965 |
| Doug Anderson Tax Service, Inc. | $27,488 |
| JBM, LLC | $27,035 |
| Canby Builders Supply, Inc. | $27,015 |
| Austen Citrowske | $25,800 |
| Buffalo Ridge Water, Inc. | $23,875 |
| Precision Consulting Services, Inc. | $22,500 |
| Derek Verhelst Trucking, Inc. | $21,987 |
| Unlimited Success VIII, Inc. | $21,865 |
| Justin Koenig | $20,833 |
| Brad W. Pederson | $20,833 |
| Gary Gritmacher | $20,833 |
| Donn and Gary Peterson | $20,833 |
| David Swenson | $20,833 |
| William Briggs | $20,833 |
| Steven Doom | $20,832 |
| Kevin Doom | $20,832 |
| Cori Bothun | $20,832 |
| Southwest Insurance Services of Canby, Inc. | $20,832 |
| Joseph Ferguson | $20,832 |
| Lyle Kruse | $20,832 |
| Gerald Vanderostyne | $20,830 |
| Gary Larson | $20,800 |
| Kevin Larson | $20,800 |
| HB Millwrights, LLC | $20,762 |
| Wayne Pederson | $20,675 |
| Our Saviours Lutheran Church | $20,625 |
| Robert Hoffman | $20,590 |
| James Hoffman | $20,060 |
| MRB News, Inc. | $19,992 |
| Doug's Service & Marine, Inc. | $18,825 |
| J & T Services | $18,507 |
| Steven R. Voss | $18,300 |
| Nemitz Agency, Inc. | $18,000 |
| K & R Farms General Partnership | $17,600 |
| Kack Insurance Agency, LLC | $17,200 |
| J's Allied Constuction, Inc. | $16,207 |
| Mark Gorder | $15,170 |
| Uptown Glamour & Spa, LLC | $13,440 |
| Canby Implement | $13,421 |
| Steele Seed | $13,400 |
| Dennis Eischens | $13,180 |
| Adam Hegg | $13,127 |
| TRI County Agent, LLC | $12,500 |
| Prestige Carpet Cleaning & Upholstery | $12,192 |
| Michael Prokop | $12,130 |
| Michael Fales | $12,065 |
| R & H Construction, LLC | $12,010 |
| Doom Seeds, LLC | $11,948 |
| Antelope Hills Christian Church | $11,700 |
| TSA, LLC | $11,597 |
| Benchmark Drainage Survey & Design | $11,297 |
| Dallas Stone | $11,265 |
| Rangaard Electric, LLC | $11,250 |
| Gorder Trucking, LLC | $11,185 |
| Lance Armitage | $11,100 |
| Kaddatz Chiropractic / Craig Kaddatz DC | $10,625 |
| Canby Golf Club, Inc. | $10,225 |
| Levi Citrowske | $10,000 |
| Qualley & Boulton | $10,000 |
| First Presbyterian Church, Canby, MN | $9,970 |
| Lyndon Giese | $9,655 |
| Kaleb Steele | $9,600 |
| Jonathan Theisen | $8,800 |
| Critter Comfurt Boarding & Grooming, LLC | $8,700 |
| Nicolai Lutheran Church | $8,395 |
| Gary Goplen | $8,200 |
| Canby Print Shop | $8,167 |
| Michael L. Bednarek | $7,885 |
| Frazeur Farms, Inc. | $7,595 |
| Campus Grill, LLC | $7,550 |
| Jacob Kontz | $7,302 |
| Canby Chiropractic Center | $7,235 |
| Randy Denelsbeck | $7,115 |
| Damin L. Eilers | $6,937 |
| Canby Area Ministerial Association | $6,935 |
| The Hair Gallery | $6,892 |
| Canby Deputy Registrar, Inc. | $6,500 |
| Cody Van Hyfte | $6,400 |
| Michael S. Knutson | $6,300 |
| Kelsey M. Bednarek | $6,285 |
| Nathan J. Thorpe | $5,900 |
| Brenton Reppe | $5,725 |
| James Theisen | $5,707 |
| CC Nelson, LLC | $5,540 |
| Sean Driessen | $5,300 |
| Elizabeth Fixen | $5,098 |
| D&K RV Sales, LLC | $5,000 |
| Nathan Ufkin | $4,700 |
| Ronald Fairchild | $4,635 |
| Daniel Miller | $4,540 |
| Zachary Chappuis | $4,535 |
| Jon Hanson | $4,497 |
| Jeffrey Thovson | $4,455 |
| Deuel Marketing Concepts, LLC | $4,300 |
| Darius Eilers | $3,940 |
| Gordon Ferguson | $3,875 |
| A New Leaf Floral, LLC | $3,865 |
| Canby Hardware, Inc. | $3,825 |
| Jessey Verhelst | $3,750 |
| Nemitz Group, Inc. | $3,750 |
| Peter Haugen | $3,700 |
| Canby Liquor, Inc. | $3,550 |
| Darrell Regnier Auction Company, LLC | $3,472 |
| Curtis Hoffman | $3,400 |
| Brad Johnson | $3,300 |
| Paul Theisen | $3,200 |
| Brenda Steele | $3,100 |
| K & M Auto Wash, Inc. | $3,097 |
| Karen Fairchild | $3,095 |
| Anderson & Hansen Concrete | $3,005 |
| Brian Rangaard | $2,980 |
| Elsie Simonson | $2,930 |
| Arden Eilers | $2,575 |
| Mark Denelsbeck | $2,252 |
| Ryan Bliss | $2,000 |
| Amy Sigler | $1,920 |
| Suzanne Fairchild | $1,897 |
| Megan Regnier | $1,800 |
| Timothy Miller | $1,718 |
| Dudley Hansen | $1,700 |
| Jo Ann Kruse | $1,600 |
| Jodi Mercer | $1,575 |
| Robert Jelen | $1,310 |
| Matthew Jelen | $1,220 |
| Holly Hoffman | $963 |
| Kayla Jelen | $870 |
| Summit Properties of Canby, LLC | $812 |
Alerts Sign-up