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 57533
Name of Borrower | Current Approved Amount |
---|---|
Karl's TV & Appliance, Inc. | $3,000,000 |
Rosebud Electric Cooperative, Inc. | $388,300 |
Rosebud Farmers Union Cooperative | $297,300 |
Opperman Incorporated | $276,900 |
Schweigert Construction, Inc. | $142,300 |
Ranchers Livestock Equipment, LLC | $106,600 |
Silver Threads, Inc. | $103,200 |
Great Plains Publishing | $96,749 |
Gregory Drug, Inc. | $85,900 |
Gregory Animal Clinic, PC | $76,100 |
Johnson Pochop & Bartling | $72,545 |
Hull Dental Health, PC | $62,000 |
Western Outfitters Services, Inc. | $59,200 |
Deadly Passions Productions, LLC | $57,000 |
Fogel Clinics, LLC | $54,500 |
Fairway, Inc. | $51,250 |
M & J Auto, Inc. | $50,600 |
Lubbers Farms, Inc. | $40,800 |
James L Olson Farms, Inc. | $40,265 |
Bryan Nelson | $37,400 |
Vanderpol Ranch, Inc. | $36,800 |
Mr Automotive of Gregory, Inc. | $32,700 |
Buffalo Butte, Inc. | $32,400 |
Kleins Hardware, LLC | $27,700 |
Gregory Transport, Inc. | $27,600 |
Spann Construction Services, Inc. | $25,300 |
Rosebud Auto Parts | $25,200 |
A & E Marina, LLC | $25,000 |
Jason Birkeland | $24,700 |
N & K, LLC | $23,700 |
Sissy's Cafe | $20,900 |
Kenzy Backgrounding, LLC | $20,000 |
Bradley Skalla | $20,000 |
Frank Brothers | $19,900 |
Kleins House Moving, Inc. | $18,300 |
Bartling Welding and Machine, Inc. | $18,200 |
Kotrba Smith Funeral Home, Inc. | $17,700 |
RCO Enterprises, LLC | $17,000 |
Gregory Community Daycare Center, Inc. | $16,600 |
Shaffer Land and Cattle, LLC | $16,200 |
St. John Lutheran Church | $15,800 |
Aaron 3V, LLC | $15,200 |
The Church of St. Joseph of Gregory | $15,100 |
Triple V, LLC | $15,000 |
Gregory Golf & Recreation Association | $14,700 |
Corner Hair Care | $14,600 |
Jessy Biggins | $14,200 |
Northfork, Inc. | $14,000 |
Gray House Motel, Inc. | $13,900 |
Eklund Tax | $13,300 |
Old Pioneer, Inc. | $13,270 |
Gregory United Methodist Church | $13,200 |
Prairie Imaging Services, PC | $12,500 |
Mark Ellwanger | $12,200 |
Agent Storm, LLC | $11,100 |
Dennis Vedral | $10,500 |
Union Congregational Church | $10,100 |
Dayspring Coffee Company, Inc. | $9,400 |
Craig Layh Trucking, Inc. | $9,400 |
Dillan Vosika | $8,500 |
Anshutz Company | $8,500 |
Shear Creation | $7,700 |
Michael Braun | $7,600 |
Scotts Auto Repair | $7,500 |
Rocky Ridge Retreat, LLC | $7,100 |
Notta Lotta Land & Cattle, LLC | $6,700 |
S&V Trucking, LLC | $6,400 |
Powder River Logistics, LLC | $6,100 |
Gregory Community Services, Inc. | $6,000 |
Stay Wild Boutique | $5,700 |
Billy Bobs Bar | $5,600 |
Jeff Thomas | $5,500 |
Soesbe Contracting | $5,100 |
Geoffrey A. Smith | $5,000 |
40 Bar Ranch, LLC | $5,000 |
James Schwartz | $4,900 |
Dazzle for Days | $4,700 |
Ronald Shattuck and Darlene Shattuck | $4,700 |
Sara L Mikkelsen | $4,100 |
Thomas J Cihak | $3,500 |
Big Red Storage | $3,000 |
Vano Sanitation | $2,700 |
Wake H. Juracek | $2,300 |
Eliason Farms, LLC | $2,200 |
Wilson Heating and Cooling | $2,100 |
Braun Construction | $2,000 |
Brian Opbroek | $1,800 |
Hutchinson Post #6 American Legion, Gregory, SD | $1,500 |
Jim Spann Jr. | $1,400 |
S&B Boes Trucking, LLC | $1,200 |
Trigg Land & Cattle, LLC | $987 |
Parkside Motel | $900 |
Fresh Start Cleaning | $600 |
Mark Lindquist | $300 |
Dakota Hair | $200 |