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Saturday, November 23, 2024

ZIP Code 67731: 34 PPP loans provided to small businesses in 2020

Innovation

There were 34 PPP loans provided to small businesses in 2020 in ZIP Code 67731, 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 67731

Name of BorrowerCurrent Approved Amount
Hendricks Bros$58,552
Ketzner Feed, LLC$39,639
Greater Northwest Kansas Community Foundation$36,800
Big EDS Steakhouse and Lounge Birdcity, LLC$32,900
Lucius G. White$26,400
Silverwings Agent, LLC$26,200
Orten, Inc.$26,000
Laurie A. Leonard, CPA$23,600
Dennis P. Wright$20,800
Douglas J. Fleming$18,900
WT Partnership$18,300
Busse Grain & Cattle, Inc.$16,300
Immanuel United Methodist Church$13,700
Smith Family Farms PS$13,600
Jonathan B Waters$11,447
Carmichael Roofing, LLC$10,300
Comfort Source Heating & Cooling, Inc.$9,700
St. John Lutheran Church$9,100
Cougar Cub Daycare Insurance$8,700
Clayton Janicke$8,665
Noel Ketzner$8,300
Sowers Agent, LLC$5,200
Cheyenne County Title Company, LLC$4,300
Tina P. Kehl$3,430
Donald R. Wright$3,400
BLISS$3,100
Designs by Dawn$2,900
Daily Bread Family Restaurant$2,100
Nathan Sowers$1,800
Jeane-Marie Verde-Sharp$1,400
Mcgilvray Farms, LLC$1,380
Tri-State Antique Engine & Threshers Association$800
Terrence Jensen$600
Kelsey Miller$400

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