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 54770
Name of Borrower | Current Approved Amount |
---|---|
Hamlin Valley Farms, Inc. | $326,000 |
North American FLY, Ltd. | $314,300 |
Koxlien Bros. Wood Products, Inc. | $171,300 |
River Country Enterprises, Inc. | $119,100 |
Barneson Insurance & Associates, LLP | $54,300 |
Kelly Oium Well Drilling, Inc. | $50,264 |
Robbe's Store, Inc. | $47,030 |
LTM Farms, LLC | $47,008 |
The Preston Press, Inc. | $41,700 |
TNT Truck and Trailer, LLC | $39,015 |
Kozlien Bros. Land Company, LLP | $37,600 |
Creative Beginnings Early Learning Center | $28,900 |
Kurt Tonn Excavating, LLC | $22,500 |
Judson A. Brown | $20,800 |
Wayne A. Emerson-Owner Operator Trucker | $20,800 |
Sunny Morning Holstein | $20,565 |
Immanuel-Elk Creek United Lutheran Parish | $20,100 |
Heather Nicolet Insurance Agency, Inc. | $19,487 |
Raymond Surveying, LLC | $17,600 |
Hart Farms | $16,100 |
Get Wired of WI, LLC | $15,984 |
Betts Brothers | $10,900 |
J & S Transportation, LLC | $10,000 |
Think Horizontal, LLC | $10,000 |
Viking Golf and Dine | $9,700 |
Tamara M. Betts | $8,300 |
Family Circle | $7,847 |
Ross M. Hempel | $6,000 |
Greg Libersky Construction, LLC | $5,800 |
Angela Eisenhuth | $3,300 |
Strum Hardware and Rental, LLC | $2,000 |