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 68959
Name of Borrower | Current Approved Amount |
---|---|
Royal Engineered Composites, Inc. | $2,740,200 |
Kearney County Health Services | $1,016,769 |
Bethany Home, Inc. | $638,835 |
Minden Machine Shop, Inc. | $460,600 |
Fort Kearny Consolidated | $455,772 |
KCC Feeding, Inc. | $220,600 |
Grayson Tool Company | $194,300 |
Eagle Eye Express, Inc. | $184,400 |
Masons Market, Inc. | $156,732 |
Village Cleaners, Inc. | $153,700 |
Minden Dental Clinic, LLC | $135,300 |
Western Select Genetics, LLC | $126,222 |
Innovative Pharmacists, Inc. | $121,090 |
F&K Farms, Inc. | $102,950 |
Big Johns Auto, Inc. | $100,900 |
A-1 Refrigertion, Heating and Air Conditioning | $99,220 |
Bank Commodities, Inc. | $92,000 |
Jim's OK Tire Minden, LLC | $73,900 |
Burgess Well Company, Inc. | $64,350 |
Minden Lumber & Concrete Company | $62,500 |
Mccann-Carpenter Dental, LLC | $56,687 |
El Agave | $54,500 |
Krull Agency of Minden, Inc. | $54,425 |
Stadler Farms, Inc. | $52,040 |
First Agent, Inc. | $51,752 |
GSP Farms, Inc. | $49,647 |
Wilkinson Sandblasting, LLC | $48,571 |
Mid-Nebraska Title Group, Inc. | $48,100 |
J. L. G., Inc. | $47,247 |
Olsen Cattle Company, LLC | $46,342 |
Schwenka Trucking, Inc. | $44,027 |
Harold Warp Pioneer Village Foundation | $41,717 |
Homestead Farms | $37,820 |
Mike and Lois Thom | $37,302 |
TJ Madsen, Inc. | $36,900 |
Bethany Lutheran Church | $36,803 |
Daniel Kristensen | $36,268 |
Dirt Commander Agent, LLC | $34,350 |
Weaver Farm Service | $33,680 |
3NS, Inc. | $32,300 |
Lost Creek Training Academy & Boarding School | $30,805 |
A&A Nielsen Farms, Inc. | $29,700 |
Kearney/franklin County Farm Bureau | $28,713 |
Dean Sinsel | $27,639 |
Ward Eckloff | $25,850 |
Brian Carlson | $24,894 |
Andrew C. Spracklin, PC | $24,767 |
Lieske, Lieske & ENSZ, LLO, PC | $24,700 |
TWA Trucking, LLC | $24,000 |
Terry Sorensen | $23,992 |
Crossroads Welding, LLC | $22,168 |
Minden Opera House | $22,090 |
Villar Farms | $21,693 |
Gary Braun Electric, Inc. | $21,460 |
D. L. G., Inc. | $21,185 |
Richard E. Olson | $20,833 |
Shawn J. Nelson | $20,833 |
Terry Christensen | $20,832 |
Stephen Olson | $20,832 |
Eugene A. Trausch | $20,832 |
Doublediamond, LLC | $20,832 |
Mark Johnson | $20,800 |
Brian Jacobitz | $20,800 |
S J W, Inc. | $20,456 |
Dean Casper | $19,700 |
R3G Company | $19,642 |
Budget Heating and Air Conditioning, Inc. | $17,775 |
United Methodist Church | $16,907 |
Cody Krull | $16,697 |
Steve Werner | $16,047 |
Joy's Floral, Inc. | $14,860 |
T2G | $14,840 |
State Farm | $14,400 |
Miller Body Shop, Inc. | $14,267 |
Malcom Farms, Inc. | $13,327 |
Agronomic Partners, Inc. | $13,297 |
Nickel Trucking | $13,277 |
Twin River Agronomics, Inc. | $13,154 |
Scott Olson | $12,793 |
Miller the Driller, Inc. | $12,455 |
GSJ Farms, Inc. | $12,312 |
K & K Auto Repair, Inc. | $12,059 |
South Side Diner, LLC | $11,694 |
Westminster United Presbyterian Church | $11,460 |
Nielsen Agent Equipment, LLC | $11,167 |
Peter Trausch | $11,120 |
Tomsen Brothers, Inc. | $10,500 |
Hissy Fit Boutique | $10,315 |
Matthew D. Grimes | $10,000 |
Miles Steen | $9,696 |
Rex Wempen Trucking | $9,641 |
Riley Grams | $9,542 |
J & M Publishing, Inc. | $9,387 |
Mark Bloomfield | $9,320 |
DLP Enterprises | $9,180 |
Koller Farms, Inc. | $9,137 |
Isaac Carlson | $9,067 |
Michael S. Olson | $9,016 |
Paul Christensen | $8,960 |
Rek Enterprises, LLC | $8,712 |
Sand Creek Agent Solutions, LLC | $8,527 |
Richard Jacobsen | $8,360 |
Ben's Auto Clinic | $8,322 |
Carter Electric | $8,250 |
Alltemp Refrigeration, LLC | $8,231 |
JL Madsen Farms, LLC | $8,100 |
Kenneth S. Olson | $7,900 |
Nicholas G. Benson | $7,720 |
Christopher J. Shelton | $7,404 |
Patterson Chiropractic, LLC | $7,400 |
Lutkemeier Farms, Inc. | $7,082 |
Driver Insurance Agency | $7,057 |
Beckncall Farm | $6,354 |
Madsen Seeds, LLC | $6,300 |
Mills Farms, Inc. | $6,250 |
Stratman Farms, Inc. | $6,250 |
Fifth Street Printing | $6,235 |
B&D Lundeen, Inc. | $6,216 |
Jon Shannon | $6,015 |
Kevin Smith | $5,972 |
Rachel Pittner | $5,885 |
Dana M. Nelson | $5,656 |
Mark Hansen Construction | $5,588 |
Jek Transportation, LLC | $5,456 |
Fourth Street Salon | $5,250 |
AGF Jewelers, LLC | $5,000 |
Christmas City Cafe, LLC | $4,837 |
Shelby L. Benson | $4,818 |
Kerwin Choquette | $4,750 |
Hardage Construction and Design, LLC | $4,168 |
Kulhanek Enterprises, Inc. | $4,125 |
Double Down Farms | $3,750 |
Putnam Disc Blades, Inc. | $3,700 |
Dennis G. Amstuz | $3,366 |
Beaumont Farms, Inc. | $3,102 |
Wilson Automotive | $2,811 |
Allen Jensen & Son, Inc. | $2,800 |
Hiway Liquor | $2,750 |
Djs Farms | $2,657 |
SGS Innovations | $2,530 |
Kevin Christensen | $2,500 |
Majerus Trucking, LLC | $2,400 |
Alan Sedam | $2,200 |
Gokie's Daylight Donuts | $2,187 |
ARD Enterprises, Inc. | $1,868 |
Fringe Salon | $1,622 |
Steve Casper Seed | $1,600 |
RJ Nickel Farms, LLC | $1,094 |
Austin Olson | $1,038 |
Gary's Auto Repair | $396 |
Cody Stadler | $161 |