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 54759
| Name of Borrower | Current Approved Amount |
|---|---|
| Musetta Winery, LLC | $181,430 |
| Harbor View Holdings, LLC | $128,698 |
| JTJ, Inc. | $44,000 |
| Backwoods Electric, LLC | $38,511 |
| Providence Marketing Group | $37,105 |
| King Services | $36,745 |
| Pepin Marina, LLC | $34,380 |
| Immanuel Evangelical Lutheran Church | $29,857 |
| Auth Electric & Refridgeration Partnership, LLP | $29,100 |
| R Green Acres, Inc. | $27,985 |
| Hidden Meadow and Barn, LLC | $26,114 |
| Pepin Motel, LLC | $25,000 |
| Chad Riesgraf Construction, LLC | $22,524 |
| Kosok Bros, LLP | $20,832 |
| Robert Wood | $20,000 |
| Paul Bocksell | $18,572 |
| River Valley United Methodist Church, LLC | $16,837 |
| Joe Komisar Farms | $16,563 |
| Wirthco, LLC | $15,036 |
| E & S Fresh Market, LLC | $13,676 |
| Lerum Trucking 2, LLC | $13,079 |
| JK Sterry Services, LLC | $10,314 |
| Troy Evers Construction, LLC | $8,215 |
| Third Base Bar | $7,056 |
| C & A Auto Corporation | $6,645 |
| BMC Enterprises, Inc. | $5,583 |
| Pepin Stitch N Print | $5,000 |
| Pepin Auto Center, LLC | $4,830 |
| The Country Stop of Pepin, LLC | $4,553 |
| Laura Ingalls Wilder Memorial Society, Inc. | $4,388 |
| Brian Rundquist | $4,033 |
| Diana Kay Masters-Penegor | $3,542 |
| Bernie O. Finch Dc | $2,520 |
| 404 Coffee, LLC | $2,506 |
| Sherry Drysdale-Schruth | $1,800 |
| Tin Roof Boutique, LLC | $1,400 |
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