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 51346
| Name of Borrower | Current Approved Amount |
|---|---|
| Community Memorial Health Center | $597,190 |
| Animal Medical Centers | $228,102 |
| 3B Electric, LLC | $147,465 |
| Treimers Insurance Agency, Inc. | $121,312 |
| Econo Foods, Inc. | $72,510 |
| Backroads Express, LLC | $65,700 |
| Cmelik Law Office | $46,200 |
| Feed Recovery Services, LLC | $43,300 |
| Larson Truck Repair, Inc. | $41,241 |
| HHP, LLC | $41,000 |
| Brent Rieck | $39,805 |
| Hartley Community Daycare Center | $38,687 |
| Central Trailer Marketing, LLC | $35,700 |
| Rieck's Reality Farms, Inc. | $32,900 |
| Goldilocks Hartley, LLC | $26,765 |
| Prins Plumbing and Heating, Inc. | $26,698 |
| Bleeker Trucking, LLC | $26,000 |
| Sniders Auto Care Center | $25,150 |
| St. Paul's Lutheran Church | $22,400 |
| Gary Vander Lee | $20,833 |
| Todd Dykstra Farms | $20,833 |
| David Keene Farm, LLC | $20,833 |
| Edwin J. Harders | $20,800 |
| Nelson Lockers | $20,800 |
| KC Installations, LLC | $20,600 |
| A R Brock, Inc. | $20,400 |
| Clark, Ltd. | $19,660 |
| Timothy Overmire | $17,600 |
| Kevan Kaiser, Ltd. | $16,530 |
| Corey Hurlig | $16,500 |
| Fanning Construction | $16,300 |
| Trinity United Church of Christ | $16,200 |
| Woodall Trucking, LLC | $16,000 |
| Thomsen Farms, Inc. | $15,300 |
| T-Bone Farms Corporation | $15,100 |
| Rick L. Roghair | $15,076 |
| Burley's Incorporated | $14,700 |
| RST Express | $14,208 |
| Keene Outdoors, LLC | $13,965 |
| Craig R. Zieman | $13,909 |
| Truk Rodz Transport, Inc. | $13,900 |
| Signature Signs Corporation | $13,400 |
| Salon West | $13,200 |
| A&J Spraying, Inc. | $12,500 |
| Shibma, Inc. | $12,400 |
| Soden's Handyman Service, LLC | $12,250 |
| Lux Enterprises | $11,869 |
| Nutrient Management Services, LLC | $11,400 |
| Javan K. Kruse | $10,553 |
| Meadow Brook Golf and Country | $10,375 |
| MSG, Ltd. | $10,000 |
| Keller Transport, LLC | $9,600 |
| Lynwood Mohni | $9,220 |
| Wooly's Repair, Inc. | $9,200 |
| Williamson Farms, Inc. | $7,500 |
| Rossman Farms, Inc. | $7,290 |
| Dennis Pearson | $6,200 |
| Hartley Auto Center | $5,487 |
| Schierholz Chiropractic & Acupuncture, PC | $5,235 |
| Advantage, Inc., PC | $5,100 |
| North Liberty Farms, Inc. | $5,000 |
| Tricia Elgersma | $4,800 |
| Relax Salon and Day Spa | $4,800 |
| David Petersen | $4,777 |
| Yoes Fast Freight, LLC | $4,500 |
| Waddell Heating & Air Conditioning, LLC | $3,197 |
| Doughty Hotshot Transport, LLC | $2,800 |
| The Hartley Community Center Association | $2,400 |
| Matthew Benz | $1,737 |
| Marlys Van Engen | $1,200 |
| Shirley Senn | $700 |
| Hartley Health and Fitness Center | $650 |
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