ZIP Code 65351: 42 PPP loans provided to small businesses in 2020

ZIP Code 65351: 42 PPP loans provided to small businesses in 2020
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There were 42 PPP loans provided to small businesses in 2020 in ZIP Code 65351, according to the US Small Business Administration.

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


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