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Wednesday, December 4, 2024

ZIP Code 68424: 33 PPP loans provided to small businesses in 2020

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There were 33 PPP loans provided to small businesses in 2020 in ZIP Code 68424, 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 68424

Name of BorrowerCurrent Approved Amount
Plymouth Electric & Auto, Inc.$350,000
Plymouth Industries, LLC$224,600
D & K Agri Sales, Inc.$152,700
Wells Implement, Inc.$140,027
Elton Schmidt & Sons Farm Company$70,765
St. Paul's Evangelical Lutheran Church of Plymouth, Nebraska$67,000
Auto Repair Plus, LLC$62,500
Vorderstrasse Farms, LLC$53,606
Jantzen Harvesting, LLC$42,172
Milius Hardware, Inc.$35,000
Hueske's, Inc.$30,885
A & A Freese, Inc.$29,734
Jon Zulauf$25,933
Cub Creek Express, LLC$22,200
Steven Freese$20,833
Fredrick L. Koch$20,833
Rodney Epp$20,833
Plymouth Veterinary Clinic, P.C.$18,437
Weichel Farms, Inc.$15,923
Plymouth Irrigation, Inc.$15,045
Pohlmann Farms, Inc.$12,756
Pohlmann Agent, LLC$12,500
Donald T. Jantzen$12,083
Roger Little Farm$10,735
Gronemeyer Trucking, Inc.$10,500
Erik Pearson Farms, Inc.$10,100
Matthew Meyer$9,829
EPPS Equipment, LLC$6,250
Baade Genetics, LLC$6,103
Harley Epp$5,735
Dennis Weichel Farm$5,632
Thomas Brandt$4,821
West END Farm, LLC$1,700

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