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 57532
| Name of Borrower | Current Approved Amount |
|---|---|
| Rural Health Care, Inc. | $540,000 |
| First Dakota Enterprises, Inc. | $488,400 |
| Brothers Pharmacies, Inc. | $293,210 |
| A-G-E Corporation | $285,700 |
| FT. Pierre Livestock Auction, Inc. | $253,000 |
| Clear Cut Media, LLC | $243,000 |
| Anderson Contractors, Inc. | $211,700 |
| CMH Auto, Inc. | $153,900 |
| Baumann Lumber, Inc. | $140,600 |
| Riverwinds, Inc. | $135,457 |
| Wind Circle Network | $134,800 |
| Drifters Bar and Grille, Inc. | $122,000 |
| Fine Line, LLC | $121,600 |
| Dakota 2000, Inc. | $120,900 |
| Lucky Seven, Inc. | $120,000 |
| Oahe Vetrinary Clinic, LLC | $111,000 |
| Triple JT, Inc. | $107,400 |
| Silver Spur Restaurant, LLC | $106,742 |
| Noveya, Inc. | $93,500 |
| R & W Construction, LLC | $83,300 |
| Will Clark Electric, Inc. | $77,500 |
| Hofer Family Dentistry, Inc. | $67,800 |
| Krueger Contracting, Inc. | $55,500 |
| Hofer Seeds | $53,700 |
| Doing It Right Together | $52,000 |
| Chase Roofing & Sheet Metal, Inc. | $47,000 |
| Bad River Surplus, Inc. | $45,600 |
| MP FT. Pierre, LLC | $45,200 |
| Catlins Car Clinic, Inc. | $42,700 |
| Capital Area Refuse, LLC | $42,312 |
| Two Heart Ranch, LLLP | $41,500 |
| Maxwell Strategies | $40,200 |
| Rays Garage, Inc. | $34,900 |
| Our House Child Care, LLC | $34,015 |
| Ingram Pest Service | $33,200 |
| MacK Wyly | $32,500 |
| Prairie ATV & Cycle, LLC | $32,000 |
| Robins Water Conditioning, Inc. | $32,000 |
| Ludemann Fencing, LLC | $31,629 |
| Kyle Wyly | $31,000 |
| Prairie Traders | $30,700 |
| River Bluff Custom Homes, LLC | $30,300 |
| Briggs Trucking | $27,435 |
| Central Caissons, Inc. | $26,000 |
| Dakota Furniture Installation, LLC | $26,000 |
| Kenzy Construction, Inc. | $25,500 |
| Schwinler's Seamless Siding, Inc. | $25,300 |
| Bottom Line Welding, LLC | $23,300 |
| St. John the Evangelist Catholic Church | $22,400 |
| Stephen Ellwein | $20,800 |
| Steamway Carpet Care | $20,800 |
| Leimbach Construction, Inc. | $20,600 |
| Mortenson Law Office | $20,200 |
| River Bluff Estates, LLC | $18,500 |
| Joshua Lieberman | $18,068 |
| Bob Bak Construction | $17,700 |
| Rees Communication | $17,000 |
| Lake Sharpe Kennels | $16,700 |
| Deb Stoeser | $16,500 |
| Rose Construction, Inc. | $15,632 |
| Slate Creek Counseling, PC | $15,600 |
| Dakota Emporium | $15,555 |
| Hannum Trucking, Inc. | $15,100 |
| Prince & Sons, Inc. | $14,300 |
| Red River Construction, LLC | $14,100 |
| Larry's Plumbing, LLC | $13,835 |
| Heiss Company, LLC | $13,700 |
| Cool Spot | $13,685 |
| Community & Youth Involved Center, Inc. | $13,600 |
| Dunes Golf, Inc. | $12,300 |
| Jodi Hartman | $11,859 |
| Vernon Thorson | $11,000 |
| Teton River Traders Gunshop, LLC | $10,700 |
| Casey Tibbs Foundation | $10,192 |
| Subash Kaphle | $10,000 |
| Sandra K Durick Consulting, LLC | $8,775 |
| Hansen Fencing | $8,000 |
| Pazour Cattle Company, LLC | $7,825 |
| Eric D. Slaathaug | $7,000 |
| Two Rivers Lawn & Irrigation, Inc. | $6,200 |
| Duaine Carroll | $6,200 |
| Craig Arneson | $5,900 |
| Lonesome Dove Livestock Trucking, Inc. | $5,900 |
| Cronin Irrigation, LLC | $5,727 |
| Seth Joens | $5,200 |
| Total Beauty, LLC | $5,100 |
| Mcclellands, LLC | $5,000 |
| Fun Time Rentals, LLC | $5,000 |
| The Shear Thing | $3,940 |
| CW Playhouse | $3,800 |
| Savannah Enterprises | $3,767 |
| Amber Wiebe Cleaning Service | $2,900 |
| Kinderoos, LLC | $2,777 |
| The Headquarters Beauty Salon | $647 |
Alerts Sign-up