The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Name of Borrower | Current Approved Amount |
---|---|
Water Street Restaurants Group, LLC | $1,454,186 |
Allen Interactions, Inc. | $937,592 |
Twin City Transportation, Inc. | $623,000 |
Mendakota Country Club, Inc. | $549,760 |
Minnesota Knitting Mills, Inc. | $535,400 |
Engineered Concrete Placer of | $533,848 |
Tivoli Too, Inc. | $510,560 |
Felipes, LLC | $295,045 |
Yes Group, Inc. | $295,000 |
Denet Kenefick & Associates PA | $255,308 |
Great Air, Inc. | $250,941 |
Greenstor Holdings, LLC | $249,000 |
Northport Engineering, Inc. | $243,070 |
Tower Solutions, Inc. | $226,500 |
Allied Audio Services, Inc. | $222,923 |
Wieland, Inc. | $180,656 |
Jaeger Construction | $173,157 |
Expedited Transportation, Inc. | $172,892 |
Knutson, Flynn, & Deans, P. A. | $171,742 |
Truth78 | $157,078 |
Metrospec Technology, LLC | $150,000 |
Shield Fire Protection, Inc. | $143,075 |
Frontline Sales and Marketing, LLC | $137,880 |
Cascade Enterprises of Minnesota, Inc. | $135,557 |
Minnehaha Building Maintenance, Inc. | $126,903 |
Janecky Plumbing Service, Inc. | $122,100 |
The Real Meal Delicatessen, LLC | $107,810 |
Sieben Edmunds Miller, PLLC | $101,583 |
The Lazarus Project | $100,000 |
Unlimited Exteriors, LLC | $94,800 |
Gleason Dale & Associates, Inc. | $91,500 |
Siding Unlimited, Inc. | $91,400 |
Hagen Engineering International, Inc. | $85,380 |
TPM Sales, Inc. | $83,162 |
JCB Enterprises, Inc. | $80,700 |
Aloha Landscaping, Inc. | $79,900 |
Tracy Law Firm PA | $74,207 |
Asset Maintenance Painters, Inc. | $69,600 |
Mendota Child Daycare Center, LLC | $60,977 |
Kramer Law, LLC | $57,939 |
Shirt Werks & Promotional, Inc. | $55,933 |
TC Rigging, L. L. C. | $53,998 |
St. Josephs Flooring Installation, LLC | $51,270 |
Lumeway Products, Inc. | $48,797 |
Enterprise Dental | $46,700 |
JJS Enterprises, Inc. | $45,251 |
Taple Holdings, LLC | $42,944 |
Capital Computer Group, LLC | $39,990 |
Woodstone Renovation, LLC | $37,200 |
Norton Realty, Inc. | $33,400 |
CV Health MH, Inc. | $32,760 |
Assisted Transport, LLC | $32,622 |
Wextech, LLC | $31,702 |
Omodt and Son's Masonry, Inc. | $29,500 |
Hemophilia Foundation of Minnesota/dakotas, Inc. | $26,482 |
Chad Ogden | $25,237 |
Saint Thomas Academy Ice Arena | $24,900 |
Custom Professional Upholstery, Inc. | $24,300 |
Armored Path, LLC | $24,034 |
W L Peterson & Associates, Inc. | $23,865 |
Eric Johnson | $23,861 |
Enchanted Nail Spa | $23,474 |
Halima Aden, LLC | $22,475 |
Market Ready Homes, LLC | $20,833 |
Meghan Mohs | $20,833 |
Robert Brooks | $20,832 |
M. Ryan Consulting, LLC | $20,800 |
Ellison Sales Corporation | $20,502 |
Genelle Forsberg | $20,500 |
Mano Engineering | $18,625 |
Surface Engineering Group, Inc. | $16,666 |
Lisa Coonan | $15,542 |
Smith Search Group, LLC | $13,735 |
Root Consulting, Inc. | $13,332 |
Boltzs Taekwondo, Inc. | $12,745 |
D&C Home 100, LLC | $12,580 |
Jean Mathison | $12,414 |
Blaeser Landscape Design & Construction, Inc. | $12,100 |
David Springman | $11,920 |
J C C, Inc. | $10,952 |
David Ensteness | $10,762 |
The Mel Group, LLC | $10,282 |
Evan Potter | $10,098 |
Joshua Sharp | $9,226 |
Redpath Marketing & Advertising, LLC | $8,720 |
David Varley | $7,881 |
Dance MPLS, LLC | $7,600 |
Crabapple Consulting Incorporated | $7,500 |
Lions' United Fitness Center | $7,300 |
John Korman | $7,229 |
INK Different, Inc. | $6,472 |
A Lash Above the Rest, L. L. C. | $5,757 |
Taylor Karel | $5,614 |
Mary Rose Turner | $5,580 |
Anthony Haider | $5,200 |
Steve and Sandra, LLC | $5,117 |
Henok Asefa | $4,580 |
Andrew Cameron | $3,900 |
Everly Clark | $3,692 |
John Punderson | $3,437 |