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 56232
| Name of Borrower | Current Approved Amount |
|---|---|
| Noah's ARK Processors, LLC | $3,251,300 |
| Johnson Memorial Health Services | $2,174,100 |
| Lac Qui Parle Cooperative Oil Company | $429,300 |
| Solomons, LLC | $261,000 |
| Midwest Truck Parts, Inc. | $155,000 |
| Olson Sanitation, Inc. | $111,900 |
| Gruwell Electric, LLC | $92,300 |
| Dawson Grain Incorporated | $90,000 |
| Larson Tiling, Inc. | $71,970 |
| Schland, Inc. | $71,300 |
| Dawson Drug, PLLC | $69,600 |
| Lee Motor Company | $64,100 |
| Jim's Clothing and Sporting Goods | $60,384 |
| Dittes, Inc. | $58,900 |
| Livestock Systems of Dawson, LLC | $55,000 |
| Grace Lutheran Church | $54,500 |
| AVC Veterinary Clinic, PLLC | $43,925 |
| Erickson Chevrolet, Inc. | $43,400 |
| TRI County Insurance Agency, Inc. | $41,800 |
| Bank Bar & Grill, LLC | $38,600 |
| CT Sales, LLC | $35,800 |
| Beals & Kranz, Inc. | $34,400 |
| Brent Dahl Trucking | $28,200 |
| Gary Robertson | $27,476 |
| Tim Milbeck | $26,954 |
| Maren Bakken | $26,519 |
| Joseph Bothun | $24,757 |
| Jon and Adam Lund Farms, LLC | $23,700 |
| Mike Swenson | $22,800 |
| Gary Lee | $22,700 |
| Hanson & Dahl Funeral Home, Inc. | $22,500 |
| Dawson Covenant Church | $22,222 |
| Darin Lund | $21,800 |
| David Bergeson | $21,754 |
| Jeff Kelly | $20,972 |
| John Kostad | $20,833 |
| Amy Schlemmer | $20,833 |
| Gary Nelson | $20,833 |
| Dane Carl Prestholdt | $20,833 |
| Bruce Lund | $20,833 |
| Lowell Berglund | $20,833 |
| Cole Robertson | $20,833 |
| Lisa Lund | $20,833 |
| David Dale | $20,832 |
| Lyle Breberg | $20,832 |
| Gery Citrowske | $20,832 |
| Mark Weber Agency, LLC | $20,800 |
| Hugh Scott Bergeland | $19,462 |
| Timothy Halvorson | $19,230 |
| Dawson Sentinel, Inc. | $19,100 |
| Sam's Equipment & Used Parts, Inc. | $16,716 |
| Robert Pehrson | $16,205 |
| Gregory and Tamara Bothun | $16,100 |
| Larson Equipment Sales, LLC | $15,900 |
| Christopher Mork | $15,800 |
| Bothun Builders, LLC | $14,800 |
| Peter Lee | $14,310 |
| Matthew Mork | $13,800 |
| Anthony Ludvigson | $13,200 |
| Robert P. Olson | $12,600 |
| Dawson Golf Association | $12,600 |
| Terrance Anderson | $12,047 |
| Zachary Johnson | $11,910 |
| Breberg Agency | $11,600 |
| Ken Sather Construction, LLC | $11,300 |
| Darin Lee Plessner | $10,800 |
| Richard Berglund | $10,325 |
| Liebl Construction, LLC | $10,175 |
| Lawrence Tollakson | $9,800 |
| Thomas W. Hansen, D.D.S. | $9,700 |
| Sunrise Acres, LLC | $9,600 |
| Body Togs, LLC | $9,500 |
| Douglas Sampson | $8,567 |
| JCDP Enterprises, LLC | $8,200 |
| Eldon Kragh | $8,187 |
| Kirk Kuechenmeister | $7,994 |
| Paul Kemen | $7,797 |
| B Johnson, LLC | $7,570 |
| James Heinrich | $7,542 |
| Scott Gordon's Drywall, LLC | $7,495 |
| Marc's on Main | $7,060 |
| Monica Bothun | $6,892 |
| Kevin Bergeson | $6,787 |
| ALS Mercantile, LLC | $6,332 |
| Lindsay Ourada | $6,190 |
| Jason Kelly | $6,030 |
| Ervin Kostad | $5,900 |
| Dawson Housing, Inc. | $5,900 |
| Tokheim Stoneware | $5,400 |
| Karl E. Dejong | $5,300 |
| Mark Berglund | $4,388 |
| M. E. & U Daycare | $4,200 |
| Ken S. Tufto | $4,200 |
| Curl Up'n Dye With Joann | $4,100 |
| Casey Clausen | $3,900 |
| Pillatzki Plumbing & Heating | $3,700 |
| Chantel Deuth | $3,637 |
| T and D Barnwood Rustics | $3,200 |
| Karen Borstad | $3,065 |
| Chelsea Lund Impressions | $2,900 |
| Schuelke Farms, LLC | $2,722 |
| Laura Menning | $2,622 |
| Musarrat Virji | $2,169 |
| Stacie Larson | $1,842 |
| Tina Harding | $1,817 |
| T & A Services, LLC | $1,605 |
| Julie's Daycare | $1,600 |
| Kontz Construction, LLC | $1,190 |
| The Picket Fence Motel | $700 |
| Hillside Farms & Cattle, LLC | $216 |
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