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 56292
Name of Borrower | Current Approved Amount |
---|---|
Sewn Products, LLC | $310,927 |
CW Welding and Fabrication, LLC | $97,600 |
RSS Group International, Inc. | $45,700 |
Maasch Metal and Fabrication | $41,225 |
Kosen Feedlot, LLC | $33,412 |
Gary Rohlik | $25,577 |
Neal Rohlik | $25,309 |
Bruce Rohlik | $22,997 |
Scott Bernardy | $22,854 |
Joel Irlbeck | $22,030 |
Steven Jordan | $20,833 |
Jeff Rohlik | $20,832 |
Dallas Dolan | $19,844 |
Michael Baune | $18,805 |
Ryan Holmberg | $18,180 |
George Goblish | $17,707 |
Anjul, LLC | $17,257 |
Jeremy Dolan | $16,370 |
Brandon Irlbeck | $15,950 |
Daniel Henriksen | $15,483 |
S L Farms, Inc. | $15,000 |
Rohlik's Tax Service | $14,752 |
Evergreen Enterprises, LLC | $13,500 |
Fairview Feed Yard, LLC | $12,700 |
Dave's Auto | $10,297 |
Daryl Leach | $8,380 |
Marvin G. Penske | $7,507 |
St. Johns Evangelical Lutheran Church | $7,125 |
Michael Marotzke | $7,100 |
Joachim Jenniges | $6,467 |
Paul Rohlik | $6,057 |
Benjamin Jahn | $6,000 |
Knudsen Farms, Inc. | $5,500 |
Chris Rohlik | $5,212 |
Malori, Inc. | $4,625 |
Richard Pagel | $4,432 |
Robert Pagel | $4,260 |
Buddies Just Trucking, LLC | $4,200 |
Warren Kolander | $3,750 |
Richard C. Rohlik | $3,700 |
Thomas Paskewitz Livestock | $3,700 |
Cletus Rohlik | $3,600 |
Angela R Parker-Schmidt and Benjamin D Schmidt | $3,539 |
John Rohlik Farms, Inc. | $3,495 |
Barber Farms, Inc. | $3,100 |
Glenn Rohlik | $3,000 |
Lightfoot Outdoors, LLC | $2,982 |
Jordan Goblish | $2,168 |
Wagner Cafe, LLC | $1,655 |
MJM Farms, LLC | $1,200 |
Dale Schmidt | $1,133 |
Cindy Larson | $1,000 |
Milan Stage | $456 |