There were 24 PPP loans issued in Kansas during the week ending May 10. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Dade Construction, LLC | 2020-05-04 | $150,000-350,000 |
DG Business Solutions, Inc. | 2020-05-04 | $150,000-350,000 |
Donald T Dinges | 2020-05-04 | $150,000-350,000 |
Hair Lovin', LLC | 2020-05-04 | $150,000-350,000 |
Regal Staffing, LLC | 2020-05-04 | $150,000-350,000 |
Leonardville Nursing Home, Inc. | 2020-05-05 | $350,000-1 million |
A Most Excellent Catering Adventure, Inc. | 2020-05-05 | $150,000-350,000 |
Dissinger Reed, LLC | 2020-05-05 | $150,000-350,000 |
Payless Shoesource, LLC | 2020-05-06 | $5-10 million |
Grisell Memorial Hospital District No. 1 | 2020-05-06 | $350,000-1 million |
756 Minnesota, LLC | 2020-05-06 | $150,000-350,000 |
Paul Davis Systems of Greater Lawrence and Topeka, Inc. | 2020-05-06 | $150,000-350,000 |
RK Janitorial, Inc. | 2020-05-06 | $150,000-350,000 |
Rogers Family Dentistry, P.A. | 2020-05-06 | $150,000-350,000 |
Samuel and Elizabeth Mendoza | 2020-05-07 | $350,000-1 million |
Dick Messerschmidt Incorporated | 2020-05-07 | $150,000-350,000 |
Kansas City Tree Care, L.L.C. | 2020-05-07 | $150,000-350,000 |
Oestergaard, Inc. | 2020-05-07 | $150,000-350,000 |
Wynnewood Group, Inc. | 2020-05-07 | $150,000-350,000 |
Jan Hamilton Standing Chapter 13 Trustee | 2020-05-08 | $150,000-350,000 |
Wheatfields, LLC | 2020-05-08 | $150,000-350,000 |
Will H Griffin | 2020-05-08 | $150,000-350,000 |
Miracles, Inc. | 2020-05-09 | $150,000-350,000 |
G and S Mechanical USA, Inc. | 2020-05-10 | $150,000-350,000 |