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 68450
| Name of Borrower | Current Approved Amount |
|---|---|
| Johnson County Hospital | $1,620,957 |
| Oakwood Ventures, LLC | $468,500 |
| Topp's Mechanical, Inc. | $433,900 |
| Brinkman Brothers, Inc. | $110,200 |
| Pepperhill Veterinary Services, LLC | $81,700 |
| Oakwood ALF Ventures, LLC | $65,800 |
| Double a & D, Inc. | $63,985 |
| Kuhl Trenching & Excavating, Inc. | $59,195 |
| Tecumseh Central Market, Inc. | $50,200 |
| Kerner True Value & USS, Inc. | $47,500 |
| St. Andrew Catholic Church of Tecumseh | $46,000 |
| Hartman Cattle Company | $43,000 |
| Morrissey, Morrissey & Dalluge | $42,972 |
| WB Funeral Homes, LLC | $42,800 |
| Ebeler Insurance | $42,095 |
| Field Ford, Inc. | $40,957 |
| Green River Associates | $30,325 |
| Nestor & Mecure, Attorneys | $29,700 |
| M & M Supply | $29,358 |
| Pawnee Playcare | $25,000 |
| Tecumseh Sub's, Inc. | $24,862 |
| Sids Auto Parts, Inc. | $23,750 |
| Moran Plumbing and Heating, LLC | $21,825 |
| Speckman Realty and Auction Service, Inc. | $21,300 |
| Stephen D. Miller | $20,833 |
| Gerald Janssen | $20,800 |
| Sterup Construction, LLC | $20,525 |
| Brian Sasse | $15,100 |
| Pella Health | $14,770 |
| KWK Collision, Inc. | $14,733 |
| Harvest Bowl | $14,000 |
| Wade Caspers | $13,465 |
| Droge Holdings, LLC | $12,000 |
| Melinda Olinger Insurance Agency, Inc. | $10,362 |
| Swanson Tax Services | $9,632 |
| Shuey Stock Farms, Inc. | $8,982 |
| John T. Korpi Dc | $8,100 |
| Caspers Tree Service | $7,055 |
| Duane Caspers | $6,200 |
| Justin Miller | $5,617 |
| Cab Farms, LLC | $5,600 |
| R & J Lawn Service | $5,446 |
| Roger W. Rogge | $5,207 |
| Heartland Sales & Pest Control, LLC | $5,011 |
| Leroy Bartels | $3,990 |
| Randy Miller | $3,752 |
| Dale Borrenpohl | $3,300 |
| Janet Schultz | $3,245 |
| Dresen Contracting, LLC | $1,214 |
| Debra Borrenpohl | $950 |
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