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 67749
| Name of Borrower | Current Approved Amount |
|---|---|
| Decatur Health Systems, Inc. | $825,000 |
| Decatur County Beef, LLC | $624,200 |
| The Decatur Cooperative Association | $461,439 |
| Haynes Publishing Company | $153,430 |
| Quality Plus Oilfield Services, LLC | $135,265 |
| Fowler's, LLC | $124,300 |
| Raye's Grocery, Inc. | $87,187 |
| Heart S Farms | $62,500 |
| Moore Farms, LLC | $61,931 |
| Heartland Veterinary Service of Oberlin P. A. | $59,807 |
| High Plains Veterinary Service, PA | $41,730 |
| CMA Distributors, Inc. | $41,520 |
| Fredrickson Insurance Agency, Inc. | $39,379 |
| May Family Farms, Inc. | $37,848 |
| Creative Collision, Inc. | $37,700 |
| Oberlin Livestock Auction, Inc. | $36,545 |
| Gateway Investments, LLC | $36,500 |
| Dales Fish N Fun N Gun, LLC | $34,300 |
| Unger Chiropractic Clinic | $32,000 |
| Decatur County Title & Abstract Company, Inc. | $31,200 |
| Ostmeyer, Inc. | $29,318 |
| Anderson Land & Cattle, Inc. | $29,252 |
| Beaver Creek Farms | $28,700 |
| Giddy Up Enterprises, LLC | $27,800 |
| Pizza Hut of Oberlin, LLC | $25,300 |
| Grafel Farms, LLC | $25,000 |
| Jane M. Gilliam, Waddell & Reed | $24,986 |
| R Bryan Farms, LLC | $24,542 |
| R N R, Inc. | $22,230 |
| Sappa Valley Construction, LLC | $21,773 |
| Scott Precision Aerial, LLC | $21,300 |
| Shaw-Gawith Fertilizer, LLC | $20,800 |
| Shane Bird | $20,800 |
| Robert H. Ruf | $20,025 |
| Tyler Bruggeman | $19,695 |
| Bruce W. Larue | $19,565 |
| R&M Service Center, LLC | $18,730 |
| Kendal Fisher | $18,729 |
| Kerry Louderback | $17,100 |
| Oberlin United Methodist Church | $16,500 |
| The Reload | $14,700 |
| Oberlin Well Service, LLC | $13,700 |
| Jacob Weyeneth | $13,512 |
| Larson Land & Cattle Company, Inc. | $13,200 |
| Roe Farms, LLC | $12,543 |
| Financial Consulting & Investigation, Inc. | $12,500 |
| American Legion Post 70 Memorial Hall, Inc. | $11,305 |
| Oberlin Automotive, LLC | $11,290 |
| Faith Ev Lutheran Church | $10,700 |
| Vernon Ketterl | $10,530 |
| Joseph R.A. & Regina Stanley | $9,500 |
| Decatur County Museum, Inc. | $7,418 |
| Steven Jay Fortin | $6,640 |
| Bella Rusique Spa | $6,250 |
| D & S Grain & Cattle Company, Inc. | $6,200 |
| RP Uehlin Family Partnership | $6,000 |
| United Church of Oberlin | $6,000 |
| JFM Wellsite Supervision | $5,932 |
| Shelli's Hair Design | $5,580 |
| Lash 360, LLC | $4,991 |
| Stragey Construction, LLC | $4,746 |
| Shivsai, LLC | $4,500 |
| Rock Hill Land and Cattle, LLC | $4,359 |
| John Nelson | $3,850 |
| Brent Olson, Inc. | $3,271 |
| Prairie Petals, LLC | $2,850 |
| Fortune 200, Ltd. | $2,700 |
| Oberlin Concrete Ready Mix | $2,539 |
| Carl Larson | $2,323 |
| T Roe CPA & Consulting, LLC | $1,456 |
| Berry's Pumping, LLC | $385 |
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