The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Wilkens Manufacturing, Inc. | $713,700 |
| City of Stockton | $350,000 |
| J-J Oil Company | $206,900 |
| John E. Jones Oil Company, Inc. | $167,100 |
| RGN Company, Inc. | $139,800 |
| Farmers Union Mercantile & Shipping Association | $125,000 |
| Heritage Insurance Group, Inc. | $102,800 |
| Stockton Dental Center | $94,100 |
| Westhusings, Inc. | $89,700 |
| Solomon Valley Funeral Company, Inc. | $63,700 |
| Cornerstone Building & Design, Inc. | $58,420 |
| Solomon Valley Family Medicine, P. A. | $58,100 |
| Western Kansas Funeral Service, Inc. | $54,500 |
| Roy Construction Company, LLC | $52,050 |
| Hahn Tire, Inc. | $46,200 |
| Mongeau Farms, a Family Limited Partnership | $40,500 |
| Smith Monuments, Inc. | $35,300 |
| BPD Funeral Service, LLC | $33,500 |
| Terry Cikanek | $32,200 |
| Kuhlmann Construction, Inc. | $29,900 |
| Jeff Dix, Inc. | $28,000 |
| Brad Waller Automotive | $27,700 |
| Stockton Pharmacy, Inc. | $26,700 |
| Central Veterinary Services, PA | $26,200 |
| Tony McReynolds | $22,400 |
| The United Methodist Church, Stockton, KS | $21,800 |
| Kenneth E. Riffe | $20,833 |
| Dale Winklepleck L. Consultant | $20,800 |
| Daniel Atkisson | $20,181 |
| Jonathan Berkley Consulting | $18,900 |
| Yohon Pumping, LLC | $18,700 |
| Lanes | $18,600 |
| Bar Diamond Ranch, LLC | $16,900 |
| Stockton Sentinel | $16,800 |
| Daniel R. Gasper | $16,700 |
| Ega Service Center | $15,800 |
| Stephen Bigge | $15,600 |
| Wiggles & Giggles, LLC | $15,300 |
| Sterling Supply, LLC | $13,700 |
| Stockton Assembly of God Church | $13,300 |
| Webster Bait & Tackle | $12,500 |
| Royce Muir, Inc. | $12,400 |
| Riffel Farms, Inc. | $11,500 |
| Thomas B. Carpenter, CPA, P. A. | $11,500 |
| The Patricia Cook Agency, Inc. | $11,400 |
| American Mobile, Inc. | $11,300 |
| Waller Oil, LLC | $11,300 |
| Pizza Hut of Stockton, LLC | $10,300 |
| Goose & Frog, LLC | $10,000 |
| Lakeview Christian Camp | $8,900 |
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