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 68370
| Name of Borrower | Current Approved Amount |
|---|---|
| Thayer County Memorial Hospital | $1,895,516 |
| Metalquest Unlimited, Inc. | $829,600 |
| Blue Valley Lutheran Homes Society, Inc. | $755,400 |
| Hebron Implement, Inc. | $94,900 |
| Caudy Trucking, Inc. | $84,900 |
| Hebron Central Market, Inc. | $58,300 |
| Johnson Pivot Construction, LLC | $46,200 |
| Murray Law LLO, PC | $43,400 |
| Tires N Service for YOU, LLC | $39,500 |
| Long Crop Service, LLC | $39,300 |
| Nate Casey & Associates, Inc. | $37,757 |
| Hebron Dental Care, P.C. | $35,500 |
| New Frontier-Thayer County Insurance Agency, Inc. | $32,532 |
| Jim Hergott Construction, Inc. | $31,100 |
| Andrea N Steele-Baumann, LLC OD | $28,700 |
| Hebron Electric & Air Conditioning | $27,500 |
| Harlan H.H. Husa Farms | $26,386 |
| Hebron Plumbing, Inc. | $26,000 |
| Joseph H Murray LLO, PC | $25,800 |
| Lathan Mclaughlin Construction, LLC | $24,900 |
| 3 Compadres Restaurant, LLC | $23,052 |
| Grace Lutheran Church | $23,000 |
| Kids Praise, LLC | $22,600 |
| River Road Repair, LLC | $22,600 |
| Sugar Tree Farms | $22,500 |
| Edgecombe Publishing, Inc. | $21,665 |
| James Vorderstrasse | $20,832 |
| Prairie Hill Ranch, Inc. | $20,800 |
| James A. Wiedel | $20,800 |
| Jame Kari, LLC | $20,500 |
| River Run Ranch, Inc. | $20,000 |
| Grow and Shine | $19,400 |
| Hebron Hardware, LLC | $19,200 |
| Christopher P. Hergott | $19,156 |
| Kroll, Inc. | $17,700 |
| Dageforde Agency, Inc. | $16,400 |
| Rays It Services, LLC | $16,140 |
| Hergott Precision Agent, LLC | $15,460 |
| Rauner Repair, Inc. | $13,400 |
| Travis J and Julie a Deepe | $13,372 |
| Steve Baker | $12,900 |
| Wiedel's Circle E, Inc. | $12,800 |
| Donald Wegener | $12,300 |
| Hebron Sports Shack | $12,100 |
| The Garbage Company South, Inc. | $11,100 |
| Brad Elting & Company, Inc. | $10,842 |
| Betten Farms, Inc. | $10,000 |
| DBA Matt's Body Shop | $9,900 |
| Michael G. Fischer | $9,825 |
| Poppleton Farm, Inc. | $9,800 |
| Phils Unique Contracting, LLC | $9,706 |
| Kenneth E. Degenhardt | $9,306 |
| Red Letter Logistics, LLC | $8,500 |
| CCB Trucking, LLC | $7,900 |
| Jeremy Schardt | $7,800 |
| Jayjalaram, LLC | $7,500 |
| Hayden Farstrom Concrete and Construction, LLC | $7,000 |
| United Hairlines | $6,800 |
| D & M Enterprises, Inc. | $6,600 |
| Burkey Contracting, LLC | $6,355 |
| Chris Huber | $5,800 |
| Linton Small Engine, Inc. | $5,700 |
| Angela D. Kunc | $5,159 |
| Kass Ford Sales | $4,912 |
| Kinsey Bohling | $4,500 |
| By Design, Inc. | $4,500 |
| First United Methodist Church of Hebron, Nebraska | $4,469 |
| Times Past Antiques | $3,878 |
| William G. Escritt | $3,256 |
| Kirk D. Schroeder | $3,200 |
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