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 51360
| Name of Borrower | Current Approved Amount |
|---|---|
| Lakes Regional Healthcare | $3,310,900 |
| Okoboji Motor Company | $642,100 |
| Diamond Concrete and Construction, Inc. | $410,830 |
| RMR, Corporation | $388,000 |
| Camp Foster Ymca, Inc. | $376,900 |
| Spirit Lake Silver & Gold, Inc. | $349,700 |
| Lakes Lifeskills, LLC | $320,900 |
| Pipeline Technical Services, Inc. | $312,000 |
| BRHB, Inc. | $303,600 |
| Roc Management & Associates, Inc. | $274,200 |
| Mueske Electric, Inc. | $274,200 |
| Jalas Enterprises, Inc. | $270,900 |
| Cohrs Construction, Inc. | $268,600 |
| Dave Kuker Trucking, LLC | $258,000 |
| Primo Development, Ltd. | $255,300 |
| Board Feet, Inc. | $207,900 |
| Beck Engineering, Inc. | $199,100 |
| Wolf Diversified, Inc. | $197,000 |
| Lakes Logistics, Inc. | $181,540 |
| Eyecare Centre | $173,300 |
| Tri-States Grain Conditioning | $167,525 |
| Danbom Plumbing & Hvac | $166,700 |
| Iowa Resort Holdings, LLC | $154,300 |
| Rage, Inc. | $148,500 |
| Phillips Electric, Inc. | $146,300 |
| RCM Subs, Inc. | $146,100 |
| Immanuel Evengelical Lutheran Church | $144,900 |
| Motor INN of Spirit Lake, Inc. | $130,900 |
| Rock Solid Masonry Midwest, LLC | $130,300 |
| Sandy Law Firm, PC | $126,700 |
| Vugteveen Lawn Service, Inc. | $123,900 |
| Okoboji Indian Motorcycle, Inc. | $122,700 |
| Twetten's Furniture Company, Inc. | $121,684 |
| Schnell Bros., Ltd. | $121,000 |
| Kuhlman Lake Service & Welding, Inc. | $120,100 |
| Cornell Land Company, LLC | $120,000 |
| Sam Wedeking Excavating, Inc. | $119,100 |
| Beck Excavating, Inc. | $116,900 |
| Veldtop, Inc. | $107,740 |
| Matuska Taxidermy, Inc. | $106,900 |
| Darren J. Dotson, PC, D.D.S. | $105,400 |
| Gjerde Collision Center, LLC | $103,690 |
| Dixon Family Chiropractic, PC | $102,130 |
| Kismet Specialist-a, LLC | $96,500 |
| Little Hands Childcare & Preschool, Inc. | $94,677 |
| Crosswinds Church, Efca | $91,800 |
| Great Lkae Marine, Inc. | $90,900 |
| Bates Construction, Inc. | $88,500 |
| Dave's Repair, Inc. | $84,800 |
| Kidd Construction, Inc. | $83,500 |
| Red Veterinary Services, LLC | $80,300 |
| Jungjohan Enterprises, Inc. | $79,831 |
| Goodies Handmade Candies, Inc. | $79,400 |
| JK Miller, LLC | $77,400 |
| Ferguson's Garden Center, Inc. | $75,900 |
| Great Lakes Motor Company | $75,300 |
| J's Custom Works, LLC | $74,700 |
| Burrito Brothers, Inc. | $72,300 |
| Lancaster and Associates, PC | $72,000 |
| The First Presbyterian Church of Spirit Lake, IA | $68,765 |
| Carolyn's Cards and Gifts, Inc. | $66,400 |
| The Family Diner | $63,900 |
| Erichsen Kallsen & ASC Cpas, LLP | $61,900 |
| Kramer Landscape, Inc. | $61,600 |
| Trautman Financial Services | $61,000 |
| Numedical, LLC | $56,850 |
| Lemars Subway, Inc. | $56,800 |
| Rossow Construction, Inc. | $56,200 |
| Newell Orthodontics, PC | $55,200 |
| Lewis Brothers, LLC | $54,000 |
| Carlson-Sanderson Real Estate, Inc. | $53,700 |
| IGLC Builders, LLC | $49,800 |
| Jenness Family Funeral Homes, Inc. | $49,402 |
| Sioux Falls Subs, Inc. | $49,200 |
| NJ Farms, Inc. | $44,500 |
| Great Lakes Hospitality, LLC | $44,300 |
| Maahs & Walleck | $43,400 |
| Ducky's Marine and Powersports Repair, Inc. | $42,900 |
| Lakes Real Estate, Inc. | $42,900 |
| Subway of Storm Lake, Inc. | $42,500 |
| Stone Mountain Enterprises, LLC | $41,600 |
| A & G Preschool and Daycare Center, Inc. | $41,417 |
| Precision Agent Resources, LLC | $41,100 |
| Crown Recruiting | $40,413 |
| Bonfire Marketing & Web Company | $39,000 |
| 3D Builders, LLC | $38,700 |
| Lakes Dermatology, PLLC | $38,700 |
| Johnson Law Firm, PC | $38,635 |
| Subway of Sheldon | $38,100 |
| St. Mary's Catholic Church | $38,017 |
| Pringnitz Farms | $37,850 |
| Slater, LLC | $36,700 |
| The Hair Team | $36,400 |
| Rick Miles Hardwood Floors & Granite Works, Inc. | $36,300 |
| Ackerman Construction, LLC | $36,100 |
| R. W. Management Company, Inc. | $36,000 |
| Cornell Abstract Company | $35,800 |
| Don's Pest Control, Inc. | $35,800 |
| Ingvall Dock Plastering, LLC | $35,700 |
| Lakes Lube Center, LLC | $35,400 |
| Sportsmans 3D Corporation | $35,077 |
| Lutheran Lakeside Camp Association | $35,000 |
| A-One Water Specialists, Inc. | $34,800 |
| Jack Bjornstad Law Office, P.C. | $34,700 |
| Last Touch, LLC | $34,600 |
| Matt & Angie Mayer Trucking, LLC | $34,504 |
| Mckeen's 22nd Street Pub & Grill, Inc. | $34,200 |
| Hinn, Inc. | $33,800 |
| Carney Concrete, Inc. | $32,600 |
| Walk on Water, Inc. | $32,600 |
| Leiss Builders, LC | $32,500 |
| Eric Hoien, Inc. | $31,700 |
| Spirit Lake Town & Country Veterinary Clinic | $31,400 |
| L & C Tire Service, Inc. | $31,300 |
| A1 Woodworking, LLC | $30,000 |
| Okoboji Yacht Club Sailing School, Inc. | $29,400 |
| Reliable Property Maintenance, Inc. | $29,375 |
| Thelma Madagan | $28,834 |
| MP Dirt & Excavation Company | $28,400 |
| John William Boettcher | $28,300 |
| Forbes Liquor Locker, Inc. | $27,400 |
| Ryan Ferguson Landscape, Ltd. | $27,300 |
| Corner Lanes | $27,200 |
| Henkels Financial, Inc. | $27,100 |
| Hoskins Construction, LLC | $26,608 |
| Indian Hills Golf Club, Inc. | $26,400 |
| Pipeline Automation Services, Inc. | $25,500 |
| Associated Management, LLC | $25,000 |
| Los Lagos, LLC | $25,000 |
| Dau Construction, Inc. | $24,957 |
| Clean Slate, LLC | $24,800 |
| JW Development, Inc. | $24,700 |
| Collision Masters | $24,585 |
| Kauffman Builders | $24,400 |
| Jennings Tow & Repair | $23,800 |
| Moritz Construction, LLC | $23,700 |
| Grace Lutheran Church | $23,317 |
| Kidd Law Firm, PLLC | $22,300 |
| Tuttle Construction & Handyman Services, Inc. | $22,132 |
| Greg Tritle | $21,203 |
| Cory Oitzman | $20,833 |
| Meredith Hanson | $20,833 |
| David Tryon | $20,832 |
| Michael Resch Farms | $20,800 |
| Kardell Paintless Dent Repair | $20,800 |
| James Peters | $20,800 |
| Michelle L. Harrington | $20,800 |
| Hawkphin Sales, LLC | $20,800 |
| Kollasch Welding | $20,800 |
| Todd Hummel | $20,800 |
| Mr. Drain Manager, LLC | $20,500 |
| Kathy Marlene Thate | $20,491 |
| Wymer Insurance, Inc. | $20,400 |
| Giese Family Farms, Inc. | $20,205 |
| Allure Design & Publishing, Inc. | $20,200 |
| Roger E. Earl | $20,141 |
| BV Construction, Inc. | $19,900 |
| Harlan Broek | $19,600 |
| JVL Corporation | $19,580 |
| The Lending Company, LLC | $19,400 |
| Lakes Printing Company, Inc. | $19,200 |
| Christanson Builders | $18,900 |
| A&J, Inc. | $18,800 |
| DDH II, Inc. | $18,700 |
| Scott Reynolds | $18,577 |
| Custom Creations | $18,415 |
| Shannon Hatch | $18,100 |
| Hassel Landscape, Inc. | $17,900 |
| H&H Aggregates, LLC | $17,333 |
| Northwest Iowa Funeral Service | $16,800 |
| Harvey's Five Star Corporation | $16,600 |
| Lourie J. Matthews | $16,430 |
| Wheatley Plumbing & Heating, LLC | $16,250 |
| Diamond L, Inc. | $15,995 |
| Boji Boat Brokers., LLC | $15,572 |
| Tri-State Litho, Ltd. | $15,500 |
| Troy Tolman Landscaping, LLC | $15,500 |
| Underwater Solutions, LLC | $15,419 |
| Stanley D. Sybesma | $15,300 |
| Edward W. Bjornstad, LLC | $15,300 |
| Robert W. White | $15,215 |
| Optique, LLC | $15,200 |
| Michael J Chozen Law Office | $15,200 |
| Karl Ingwersen | $15,000 |
| St. Albans Episcopal Church | $15,000 |
| Lisa's Bake Shop, Inc. | $15,000 |
| Midwest Modern Furniture | $14,900 |
| Greg a Mohr Farms and Cattle | $14,500 |
| Dewall Developments, Inc. | $14,400 |
| Hellinga Home Sales | $14,399 |
| Make-a-Wake Watersports | $14,351 |
| Business Today, LLC | $14,300 |
| Tanner Perrigo | $14,136 |
| Pan Fried, LLC | $13,709 |
| Dean's Lawn Service | $13,700 |
| Okoboji Mattress Company, LLC | $13,600 |
| Advanced Comfort Alliance, Inc. | $13,400 |
| Vacation Ownership, LLC | $13,400 |
| Raak & Associates, P.C. | $13,300 |
| Work Well Concepts, LLC | $13,300 |
| JB Dock Service, LLC | $13,200 |
| Naughty Pine II, Inc. | $12,700 |
| S L and T Corporation | $12,607 |
| Kabeles Trading Post, LLC | $12,500 |
| Jesse J Hagedorn | $12,500 |
| Build Boji, Inc. | $12,400 |
| Bob's Repair and Tow, Inc. | $12,300 |
| Breezy Mills of Iowa, LLC | $12,231 |
| Terry Sheeler | $12,100 |
| Plantin' Posies | $12,000 |
| Lende Signs & Graphics | $11,800 |
| Chad Stettnichs | $11,700 |
| Kapco, Inc. | $11,600 |
| Evans Apparel Corporation | $11,500 |
| William J. Lambert | $11,500 |
| Chad Hagedorn | $11,435 |
| Nichole Johnson Designs, Inc. | $11,400 |
| Brandon Hagedorn | $11,272 |
| Complete Project Management, LLC | $11,250 |
| BBJ Investments, LLC | $11,200 |
| Megan & Company, LLC | $11,200 |
| Cruz'n Classics, LLC | $11,100 |
| Better Spaces, LLC | $11,100 |
| Michael R. Schrunk | $10,900 |
| Veterans Preferred Trucking Solutions | $10,897 |
| Timeless, Inc. | $10,800 |
| Thomas Bjornstad | $10,600 |
| Yardwerks, LLC | $10,571 |
| Lakeland Realty of Iowa, LLC | $10,517 |
| Great Lakes Mall Management Company, Inc. | $10,500 |
| Venteicher Construction, Inc. | $10,300 |
| Discovery House, Inc. | $10,200 |
| Brian R. Charlet | $10,200 |
| Ladoux Electric, LLC | $10,200 |
| Greg Sheeler | $10,100 |
| Barbara Ann Morris | $10,026 |
| Exhaust Sytems, Inc. | $9,900 |
| Dickinson County Agricultural Society | $9,881 |
| Fagen Construction, LLC | $9,800 |
| Charles Leissler | $9,800 |
| John Wedebrand | $9,672 |
| Bruce Rusk & Sons, Inc. | $9,600 |
| Bjornstad Law Office | $9,600 |
| Sexton Real Estate | $9,500 |
| Lippon Homes, Inc. | $9,300 |
| Spirit Lake Chiropractic Clinic | $9,100 |
| Smart Church Project, LLC | $9,090 |
| Miranda Mills | $9,000 |
| Thoreson Insurance Services, Inc. | $8,900 |
| QTLS, LLC | $8,842 |
| Artistry by Peschon, Inc. | $8,800 |
| Kleen Construction | $8,800 |
| Dennis Naatjes | $8,800 |
| Kolar Construction | $8,800 |
| Susan Hoien Design | $8,500 |
| Rick Dykshoorn | $8,400 |
| Nancy Vierkant | $8,300 |
| Trikaya Hospitality, LLC | $8,200 |
| Saunders Law Office | $8,000 |
| Broekland Homes, Inc. | $7,900 |
| Justin Garvin | $7,700 |
| Allen Baumgard | $7,600 |
| R & an, Inc. | $7,500 |
| Tweeter Racing, Inc. | $7,500 |
| DT Business, Inc. | $7,500 |
| Lezlie Boetel Agency, LLC | $7,265 |
| Spider Steel Buildings | $7,175 |
| Coni Eakin | $7,100 |
| Russell Johnson | $6,907 |
| Kevin Sundall Construction | $6,820 |
| Vick's Corner World | $6,800 |
| H & V Thompson Farms, Ltd. | $6,750 |
| Great Lakes Settlement, LLC | $6,715 |
| Lakes Athletic Performance, LLC | $6,700 |
| Billie Ross | $6,600 |
| Bethany Joy Verhoef Brands | $6,600 |
| Simmons Accounting and Tax Service | $6,589 |
| Okoboji Brewing Company, LLC | $6,500 |
| Charles D. Fuller | $6,500 |
| Dennis L. Toben | $6,420 |
| Lake Vue Aeronautics, LLC | $6,400 |
| Elite Health and Wellness, PC | $6,400 |
| DJ72, Inc. | $6,250 |
| Jeffery David Johnson | $6,200 |
| B Polished, LLC | $6,000 |
| Best in Show, LLC | $5,900 |
| Cherland Construction | $5,685 |
| Shaela Gross | $5,600 |
| Sundall Construction | $5,582 |
| Iowa Great Lakes Coins, Inc. | $5,500 |
| Emrich Installation | $5,390 |
| NPS Hotels, LLC | $5,300 |
| Melvin Wernimont | $5,140 |
| Crowley Engineering, LLC | $5,000 |
| Roberts Trucking, LLC | $5,000 |
| Tarra Vander Leest PC, OD | $5,000 |
| Karla Heinrichs | $5,000 |
| Basil Roberts Trucking Corporation | $5,000 |
| Rips Wood | $4,976 |
| Lisa Parks | $4,900 |
| James Baumgard | $4,900 |
| Christopher Hornby | $4,900 |
| Cutting Edge Lawn Service, LLC | $4,800 |
| Gonnerman Builders, Inc. | $4,700 |
| Kemp Enterprise, LLC | $4,655 |
| Robert W Thorbrogger /M.D. PLLC M.D. | $4,600 |
| Thomas Noah | $4,500 |
| Enviro Solutions | $4,500 |
| Steve Krause Realtor | $4,300 |
| Mills Custom Woodworking, Inc. | $4,277 |
| Rens Carpet & Tile | $4,165 |
| Hansen Painting | $4,100 |
| NHSC, LLC | $4,000 |
| North Bay Dock Service | $4,000 |
| Yogata, LLC | $3,800 |
| Mark Pruin | $3,800 |
| Richard Christoffer | $3,800 |
| Teresa M. Bollard | $3,697 |
| Joe Snedeker Trucking | $3,652 |
| Security Settlement Solutions, LLC | $3,600 |
| Dennis Tolan | $3,517 |
| Kevin Reitz, LLC | $3,500 |
| Kitchen Solvers of Spirit Lake | $3,400 |
| Curtis Watson | $3,400 |
| Gregory Valentine | $3,315 |
| Paul Molendorp | $3,200 |
| Creative Interiors | $3,200 |
| Okoboji Wireless, LLC | $3,000 |
| Melissa Schoenbauer | $2,900 |
| Antique Mall, LLC | $2,900 |
| Danielle R. Gast | $2,800 |
| Tribal Tile Josh Loerzel | $2,800 |
| Breanna Zigrang | $2,702 |
| American Family Chris Thornton Agency | $2,700 |
| Benjamin Brant | $2,558 |
| Burkhardt Strategy | $2,500 |
| AK Mueting, Inc. | $2,400 |
| Klink, LLC | $2,400 |
| Christy M. Matthews | $2,395 |
| Brent E. Tewes | $2,357 |
| Moeller's Marine, Repair & Storage | $2,322 |
| K Brand Marketing, Inc. | $2,300 |
| Michael Hemiller | $1,900 |
| Jaime Nissen | $1,900 |
| Karen Rohlf | $1,800 |
| Lakes Cellular and Satellite, LLC | $1,800 |
| Lindsay Borthwick-Brown | $1,700 |
| Ez Clean Car Wash | $1,600 |
| Cherry Lane Farm, LLC | $1,380 |
| Consumers Hauling, LLC | $1,200 |
| The INN Hot Dog Cart | $1,100 |
| Richard Fraseur | $1,100 |
| Guys and Dolls Barber and Beauty Salon | $900 |
| Robert Shaw | $763 |
| Emily Deboer | $745 |
Alerts Sign-up