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 68376
| Name of Borrower | Current Approved Amount |
|---|---|
| Colonial Acres of Humboldt | $339,126 |
| Fankhauser, Nelsen, Wertz, Ziskey & Merwin LLC PC | $87,493 |
| Lewis Implement Company, Inc. | $73,000 |
| Steffen Agent, Inc. | $48,800 |
| Crook Farms | $32,631 |
| Cleaning Cousins, LLC | $28,970 |
| DSTK Phillips | $24,278 |
| Keith McKim | $20,833 |
| Hogwild Farms, Inc. | $20,058 |
| The Brux Group, LLC | $16,000 |
| Hilltop Farms, Inc. | $15,115 |
| Quad County Golf Association, Inc. | $14,300 |
| Saint James Evangelical Lutheran Church | $13,675 |
| Mcnealy Construction, Inc. | $13,300 |
| The Station Service Center, Inc. | $13,300 |
| Michael Kanel | $12,529 |
| Snethen & Sons Heritage Farms, Inc. | $12,300 |
| Justin Shupp Trucking, Inc. | $11,690 |
| Robert M. Tichy | $10,603 |
| United Methodist Church of Humboldt, Nebraska | $10,450 |
| Howe & Company | $10,042 |
| Eldon D. Snoke | $9,607 |
| Elaine Burgett | $8,818 |
| Nanninga Construction, Inc. | $8,750 |
| Rist Farm, Inc. | $7,240 |
| Ben Shupp Trucking, Inc. | $6,420 |
| Jed Shupp Trucking, Inc. | $6,250 |
| Shupp Trucking, Inc. | $5,458 |
| John Wilhelm | $5,330 |
| Seth Avery | $5,073 |
| C&D Construction | $5,066 |
| Natalie McMann | $5,016 |
| Jay A. Kanel | $4,352 |
| The Christian Church | $4,174 |
| Titan Diner, LLC | $4,005 |
| John Wilhelm | $3,952 |
| Four Mile Congregational Church | $3,300 |
| Rock Herr | $3,182 |
| Dale Fankhauser | $2,440 |
| Jamie Wilhelm | $2,178 |
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