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Friday, November 22, 2024

PPP loans: 26 loans in 2020 in ZIP Code 68967

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There were 26 PPP loans provided to small businesses in 2020 in ZIP Code 68967, according to the US Small Business Administration.

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 68967

Name of BorrowerCurrent Approved Amount
SK, Incorporated$102,300
Murdoch Equipment, Inc.$70,200
Oxford Insurance Agency, Inc.$35,000
Fireproof Fencing, LLC$27,500
Backward L Farms, Inc.$25,600
Bishop Electric, Inc.$24,000
Oxford Supermarket$22,688
Ivey Enterprises, Inc.$22,280
Randy Wentling$16,522
Hardscrabble Farm, Inc.$15,200
Broeker Welding$14,470
First Baptist Church$14,400
Nagy Construction, LLC$13,783
Karen Bunnell$9,200
Billeter Seed, Inc.$7,400
Oxford United Methodist Church$7,200
Rex D. Weatherwax$7,000
Matt Broeker$6,900
Booe Crop Services, LLC$6,400
Weatherwax, Inc.$5,200
Daake Law Office, LLC$4,765
M. P. Wilken, Inc.$4,692
Schoen Brothers Partnership$4,200
Lillian Herout$4,200
Lambert Electric and Motor Repair$3,500
Cornhusker Club, Inc.$2,200

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