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Thursday, November 7, 2024

2020: 31 PPP loans provided to small businesses in ZIP Code 54770

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There were 31 PPP loans provided to small businesses in 2020 in ZIP Code 54770, 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 54770

Name of BorrowerCurrent 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

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