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 65351
Name of Borrower | Current Approved Amount |
---|---|
Royal Oaks | $796,155 |
MCH, Inc. | $690,252 |
N & R of Sweet Springs, Inc. | $249,600 |
Koppel Fabrication, Inc. | $196,304 |
Good Transport, LLC | $141,537 |
Livengood Farms & Trucking, LLC | $67,625 |
Hemme Dairy, LLC | $60,530 |
SS Farms, LLC | $41,580 |
South Fork Farms, Inc. | $35,800 |
Jerry Reid American Family Insurance | $31,400 |
Philip Scott Clevenger | $30,967 |
Thomas R. Tyler | $27,946 |
Peasterbilt Customs, LLC | $26,266 |
True Equipment & Supply, LLC | $23,403 |
Raymond & Mary Boland Trust UTD 2-25-99 | $22,500 |
Angela's Tax Office | $22,200 |
Red Letter Management Group, Inc. | $21,206 |
Duane Pomerenke | $20,833 |
Ryan L. Sims | $20,833 |
North American Medical, LLC | $20,832 |
Vogelsmeier Farms, LLC | $20,018 |
Tony's Auto Repair, LLC | $20,000 |
Guier Family Farms | $19,200 |
Matt G. Guier | $17,500 |
Persell's, LLC | $16,300 |
Dean Guier, Inc. | $15,700 |
Bernard Family Irrevocable Trust | $15,400 |
Amanjeet, Inc. | $15,129 |
Bruce Livengood | $15,058 |
Boland Trucking, LLC | $14,995 |
Albisu & Albisu Trucking, LLC | $14,800 |
Msas Sai, LLC | $14,329 |
First Baptist Church of Sweet Springs | $12,400 |
Laramey W. Johnson | $10,121 |
Kenney's Service, LC | $10,000 |
Immanuel Luthern Church | $9,651 |
Old School Social, Inc. | $9,248 |
Last Chance Saloon2, LLC | $8,579 |
Twelve Gate | $4,926 |
Sean Lock | $3,859 |
David A. Hartley | $3,100 |
Armored Outreach of Texas, Inc. | $742 |