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 68970
| Name of Borrower | Current Approved Amount |
|---|---|
| Gary Thompson Agency | $1,372,900 |
| Webster County Community Hospital | $486,690 |
| Bostwick Irrigation District | $102,000 |
| The Willa Cather Center | $94,200 |
| The Valley Child Development Center, Inc. | $90,300 |
| Figgins Construction Company, Inc. | $90,300 |
| Olson Enterprises, LLC | $89,977 |
| Harris Apothecaries, LLC | $58,320 |
| Bolin-Wulf, Inc. | $48,805 |
| C&D Service Center II, LLC | $46,750 |
| Red Cloud Animal Health, LLC | $46,210 |
| R & M Disposal, LLC | $41,211 |
| Jared's Auto Expert | $37,906 |
| Benge Company, LLC | $30,400 |
| Garwood & Mccracken | $28,807 |
| Kenny's Lumber, Inc. | $24,262 |
| Kucera Construction, LLC | $22,000 |
| 2H Farms, Inc. | $21,500 |
| Jeff Pohlmeier-Mans | $20,833 |
| Andrew Mohlman | $18,373 |
| Red Cloud Country Club | $18,317 |
| Lizabeth Rasser | $13,297 |
| Lonny Rasser | $13,000 |
| Rodger Hersh | $11,706 |
| Watson Well Drilling, Inc. | $11,629 |
| Gary Rasser | $11,400 |
| Armstrong Family Farms, LLC | $10,502 |
| Calhoun Rasser | $7,871 |
| J & A Auto Supply, LLC | $7,413 |
| Rebecca Niles Daycare | $6,800 |
| Petsch Electric, LLC | $6,250 |
| Brooks Rasser | $4,680 |
| Gregory L. Simpson | $4,300 |
| Lila Rupprecht | $3,800 |
| AL's Old House Repair | $3,250 |
| John McGuire | $2,433 |
| Kyle Pohlmeier-Mans | $2,000 |
| Pearson Haying | $2,000 |
| On the Brix, LLC | $1,500 |
| Kila Burgess | $1,369 |
| Paula Hammond | $919 |
Alerts Sign-up