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 47951
| Name of Borrower | Current Approved Amount |
|---|---|
| Kentland Elevator & Supply, Inc. | $182,181 |
| Sega Agent Transport, Inc. | $122,800 |
| Watt Trucking, Inc. | $102,300 |
| Emerson-Sondgerath, Inc. | $92,200 |
| Originaldm, Inc. | $89,400 |
| Jolly Good Food, LLC | $82,100 |
| Kentland Family Dentistry | $79,900 |
| Frontiersman, Inc. | $73,600 |
| Hopkins Electric | $72,800 |
| Carter Millwright, Inc. | $62,500 |
| Chapters, Inc. | $51,500 |
| The Princeton Corporation | $48,555 |
| Peoples Ready Mix, Inc. | $36,110 |
| Murdock Express, Inc. | $34,400 |
| Kentland Automotive Supply, Inc. | $31,700 |
| The Real Estate Shoppe, LLC | $31,200 |
| Heritage Agent Equipment, LLC | $29,700 |
| MJ Diedam Painting & Restoration, LLC | $28,518 |
| Law Office of Patrick Ryan | $28,400 |
| Good Table Family Restaurant | $28,100 |
| Linda L. Harris, Attorney at Law, P.C. | $26,512 |
| Saga, Inc. | $25,878 |
| Heritage Agent | $25,500 |
| William A. Robertson | $24,500 |
| D & D Farms, Inc. | $23,200 |
| Rick A. Risley | $22,100 |
| Curtis Holloway | $20,832 |
| Harry Falk | $20,800 |
| Fine Food, LLC | $20,600 |
| Mark Serna | $20,112 |
| Dons Drive in, LLC | $20,007 |
| Quality Motors | $18,000 |
| Donaldson Equipment, Incorporated | $16,000 |
| Newton Petroleum, Inc. | $14,270 |
| Eugene Smith | $12,500 |
| Trinity United Methodist Church | $12,200 |
| Kentland Petroleum, Inc. | $11,363 |
| Kentland Enterprises, LLC | $9,810 |
| Kindell Insurance Services, LLC | $9,500 |
| Devault Autobody and Paint | $8,500 |
| B & G Tire Garage Repair, LLC | $8,000 |
| Washburn Law, LLC | $7,924 |
| Alan D. Washburn | $7,800 |
| Cassidy Rental Property, LLC | $7,600 |
| T & S Heating & Repairs | $6,726 |
| Jonathon Schriner | $6,401 |
| Sarvmangal, Inc. | $5,980 |
| Hair Haven by Becca | $5,761 |
| Clifford Roberts Farms, Inc. | $5,700 |
| Vic A. Padgett | $5,200 |
| Indiana Bridge Preservation, LLC | $5,000 |
| David McGill | $4,900 |
| Gerald Gretencord | $4,625 |
| John T. Lohr | $4,100 |
| Dawn M. Harris | $4,027 |
| Kase Lareau | $3,800 |
| Access Illiana | $2,823 |
| Donald J. Harris | $2,810 |
| Robert M. East Jr. | $2,800 |
| Caprice A. Murphy | $2,313 |
| Joseph A. Garing | $2,200 |
| Marty's Barber Shop | $1,800 |
| Gregory Vitous | $1,610 |
| Dennies Repair & Improvements | $1,492 |
| Randall C. Smith | $965 |
| Twig Flowers and Gifts | $922 |
Alerts Sign-up