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 68939
| Name of Borrower | Current Approved Amount |
|---|---|
| Franklin County Memorial Hospital | $547,200 |
| Arbor Care Centers Franklin, LLC | $286,800 |
| Jim's OK Tire, Inc. | $118,400 |
| Valley View Farm, Inc. | $68,300 |
| Bonham Farms, Inc. | $60,300 |
| South Central Animal Health, PC | $43,518 |
| Ingram Feed and Seed | $42,689 |
| CW Ranch, Inc. | $42,300 |
| Pitstop & Shop, Inc. | $38,500 |
| Siel & Associates, PC | $36,100 |
| TC Ranch, Inc. | $30,800 |
| Siel Farms, Inc. | $30,100 |
| S. E. Smith & Sons Lumber Company of Franklin, Nebraska | $29,400 |
| LL & B Herrick, LLC | $28,300 |
| Bob's Auto & Truck Repair | $28,000 |
| R & R Sales and Service, Inc. | $26,800 |
| Franklin Dental Clinic | $24,400 |
| James Kahrs & Son, Inc. | $22,400 |
| Franklin County Land Company, Inc. | $17,700 |
| Franklin Auto Parts, LLC | $17,500 |
| Franklin Community Corporation | $16,900 |
| H & R, LLC | $16,398 |
| Thomas J. Fritson | $15,100 |
| First United Methodist Church | $15,000 |
| Brian Frerichs Farms | $14,500 |
| Randall H. Bislow | $14,100 |
| Franklin County Senior Center | $13,000 |
| Black Powder, LLC | $11,500 |
| Nathan Wentworth | $11,030 |
| Craig A. Robinett | $11,000 |
| James Adams | $10,700 |
| Christian Fellowship Evangelical Free Church | $10,200 |
| Crossgate Community Church | $9,850 |
| Franklin Little Flyers Academy, Inc. | $8,200 |
| Martin Jelken | $7,900 |
| Steinkruger Veterinary Services, LLC | $7,700 |
| Benedict Carraher | $7,300 |
| Rodney C. Steinkruger | $6,800 |
| Steven Haussermann | $6,500 |
| Ronald/kristi Fritson | $6,400 |
| Greyhound, LLC | $5,600 |
| Andrea Davis | $5,200 |
| United Church of Christ | $5,000 |
| Simon James | $5,000 |
| Bradley Dallman | $5,000 |
| Steven A. Wilson | $4,900 |
| Sally D. Wilson | $4,900 |
| Connie's Creations | $4,500 |
| Roger Kahrs | $4,400 |
| Brian Lennemann | $4,300 |
| Dallman Construction | $4,200 |
| Robert Greening | $4,165 |
| CBB Farms, Inc. | $4,100 |
| Tipsy Cow | $3,700 |
| Dennis Jelken | $3,370 |
| Duncan Welding, LLC | $3,100 |
| Flowers N. More | $2,600 |
| Ruth Ransom | $2,400 |
| Mitchell Choquette | $2,400 |
| Holden Bruce | $2,200 |
| Samuel Gerdes | $2,000 |
| Dru Uden | $1,250 |
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