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 47978
| Name of Borrower | Current Approved Amount |
|---|---|
| Castongia's, Inc. | $1,015,400 |
| Baba, Inc. | $761,100 |
| Iroquois Bio Energy Company, LLC | $697,397 |
| Jasper County Rural Electric Membership Corporation | $652,055 |
| Titan Construction & Engineering Services, Inc. | $604,200 |
| American Melt Blown & Filtration, Inc. | $590,812 |
| Wilson Industrial Sales | $437,760 |
| Wilson's Transportation, Inc. | $308,907 |
| Moore Trucking, LLC | $283,495 |
| Smith Farm Stores, Inc. | $265,600 |
| Saint Joseph's College | $183,875 |
| Vision Agent, Inc. | $158,900 |
| Hillcrest Family Dental Center, PC | $155,900 |
| Janice H. Mallory | $140,835 |
| Del Principe & Allie Cpas, PC | $127,202 |
| Ibec Transport, LLC | $126,539 |
| Saint Augustine Catholic Parish | $121,200 |
| Davis Veterinary Service, PC | $113,800 |
| Y. N. G., LLC | $109,379 |
| Livestock Veterinary Associates, P.C. | $107,120 |
| Genuine Machine Design, Inc. | $101,910 |
| Fase's-Kaluf TV & Appliances, Inc. | $95,300 |
| Sheets Family Practice, Inc., PC | $90,900 |
| Robert E. Darnaby | $88,178 |
| Brothers Broadcasting Corporation | $86,780 |
| Neurology and Pain Medical Associates, LLC | $84,800 |
| Triple R Auto Parks, Inc. | $83,100 |
| Ci Insurance, LLC | $80,700 |
| The Gutter Group | $78,663 |
| Rensselaer Eagle Vault Corporation | $75,000 |
| Whites Auto Sales, LLC | $71,800 |
| Jackson Funeral Chapel, Corporation | $70,600 |
| Harley E. Houghton PC, D.D.S. | $69,000 |
| Jack Rodibaugh & Sons, Inc. | $66,250 |
| DJS Hospitality, Inc. | $63,100 |
| Auto Works Complete Car and Truck Repair, Inc. | $61,100 |
| Sayler Construction, Inc. | $59,800 |
| Gutwein & Risner Insurance Agency, Inc. | $59,500 |
| Fenwick Farms Brewing Company, LLC | $59,000 |
| Jordan J. Balvich, P. C., D.M.D. | $58,500 |
| Forroak, Inc. | $57,200 |
| Mash Trucking, Inc. | $56,903 |
| Kohlhagen Farms | $55,900 |
| Rensselaer Monument, Inc. | $55,700 |
| Excel-Air Services, Inc. | $50,900 |
| Markstone Trucking, Inc. | $50,850 |
| Gutwein Seed Services, LLC | $50,837 |
| Hobby Won Trucking, Inc. | $50,000 |
| Aela, LLC | $49,000 |
| Tim's Auto Body & Sales | $46,270 |
| Midway Electronics, Inc. | $44,100 |
| HH Grain, LLC | $43,106 |
| Pauls Auto Repair & Towing, LLC | $42,500 |
| Christian Clinic, PC | $41,800 |
| Rensselaer Trinity United Methodist Church | $41,767 |
| Bormann Farm Service, LLC | $41,667 |
| Stanley Bros, Inc. | $40,900 |
| Frank Shelley & Sons Heating & Cooling, Inc. | $40,000 |
| RNC, Inc. | $39,705 |
| Law Office of Riley & Ahler, PC | $38,047 |
| Midwest Contractor Services, Inc. | $37,700 |
| Rensselaer Fitness, Inc. | $35,900 |
| Inception Dental, LLC | $35,284 |
| Midwaynet, LLC | $32,200 |
| Jasper County Economic Development Organization | $31,100 |
| Arni's of Rensselaer, Inc. | $31,000 |
| Mussler | $30,869 |
| Fountain Stone Theaters, Inc. | $30,700 |
| Rayburn Plumbing, Heating, & Air Conditioning, Inc. | $30,266 |
| Land Title Agency, Inc. | $29,188 |
| Michael Green | $28,950 |
| Jasper Junction, LLC | $28,442 |
| Ned Lyons | $27,600 |
| Steve's Specialized Services, LLC | $27,530 |
| Barbers Drainage & Excavation, LLC | $27,358 |
| Law Offices of William T Sammons, PC | $26,579 |
| Darshana Corporation | $26,000 |
| Waukaru Farms, Inc. | $25,510 |
| Jasper Equipment Company, LLC | $25,400 |
| Shanley Construction, LLC | $25,245 |
| Donor Solutions, Inc. | $25,167 |
| K & W Trucking, LLC | $24,617 |
| Davis Water Services, Inc. | $23,700 |
| B & R Parts, LLC | $23,700 |
| Beaver & Beaver, P.C. | $23,500 |
| Majestic Properties, LLC | $23,273 |
| Ned J. Tonner, Attorney at Law, P.C. | $21,477 |
| Brown's Garden & Floral Shoppe, Inc. | $21,400 |
| Embers, LLC | $21,000 |
| Adam Alson | $20,833 |
| Derrick Barton | $20,833 |
| Jeffery A. Green | $20,832 |
| Katherine Margret Jordan | $20,762 |
| Estel E. George Insurance Agency, Inc. | $20,619 |
| Petvets, LLC | $20,617 |
| David Scott Lakin | $20,385 |
| Jasper County Abstract Company, Inc. | $20,200 |
| The Deerwood Group | $20,100 |
| DR. Stephen L. Jennings, P.C. | $19,500 |
| Sprigz, Inc. | $19,420 |
| Donald W Shelmon | $19,405 |
| Fenwick Farms Trucking | $19,000 |
| W & J of Rensselaer, Inc. | $18,700 |
| Kurt Nagel | $18,646 |
| Joann K. McElfresh | $17,600 |
| James E. Nagel | $17,503 |
| L & P Body Shop | $17,500 |
| Superior Sales and Service, LLC | $17,400 |
| Stephen R. Hurley | $17,293 |
| Curtis Creek | $17,200 |
| Clint Johnson, LLC | $16,300 |
| Clifford Robinson | $16,227 |
| GDM Enterprises, LLC | $16,100 |
| Nagel Monument Lettering, Inc. | $15,625 |
| JR Hopkins Enterprise, LLC | $15,400 |
| Michael Hooker | $15,200 |
| Cynthia Basham State Farm Insurance | $15,200 |
| Randy Waling | $14,870 |
| Scouts Bluff, LLC | $14,752 |
| Nico Transport, LLC | $14,000 |
| Gutwein & Risner White County Insurance Agency, LLC | $13,800 |
| R & S Farms | $13,553 |
| Natalie Myers PT, LLC | $13,300 |
| Ziese Plumbing Heating Cooling, Inc. | $12,915 |
| Koebcke Bros | $12,900 |
| L & R Reiners, Inc. | $12,900 |
| Rick McElfresh | $12,685 |
| Kendell Culp | $12,619 |
| Dennis McElfresh | $12,550 |
| DVA Specialized Transport, LLC | $12,454 |
| Travis Brandenburg | $12,050 |
| First Christian Church | $10,900 |
| Grower's Edge, LLC | $10,417 |
| Davis & Wallman Financial, LLC | $10,360 |
| Walter Jungels | $10,300 |
| Zachary Molenaar | $10,283 |
| Gallina Insurance Agency, LLC | $9,937 |
| Noelle C. Weishaar | $9,585 |
| Craig Brandenburg | $9,500 |
| Party Town, LLC | $9,400 |
| Dillagaf Enterprises, Inc. | $9,300 |
| That Is and Stuff Logistics, LLC | $9,000 |
| Mark Streitmatter | $8,958 |
| AKH Trucking, LLC | $8,619 |
| Walker Outdoors, LLC | $8,365 |
| Manchester Agent, LLC | $8,300 |
| Lakin Farms, LLC | $8,236 |
| Jasper Management Systems, Inc. | $8,125 |
| The Spaw | $8,083 |
| Reinforcements Design | $7,969 |
| Lane Vault & Excavating, Inc. | $7,800 |
| Ryan and Ryan Consulting and Educational and Development | $7,571 |
| Bethany Evangelical Free Church | $7,053 |
| Hall Trucking, LLC | $6,924 |
| Mitch Kingma Farms, Inc. | $6,800 |
| Pride Electric, Inc. | $6,618 |
| MT Hood Pizza & Grill | $6,557 |
| Bullpen Financial, Inc. | $6,507 |
| Chilo Trucking, Inc. | $6,500 |
| Hickory Tree Farms, Inc. | $6,250 |
| Zager Architecture | $6,200 |
| Action Jaxson, Inc. | $6,000 |
| GRG Auto Repair, LLC | $6,000 |
| Charles B. Parrish | $5,900 |
| Agent-Analysis, LLC | $5,877 |
| Brandon Trucking, Inc. | $5,809 |
| Davis Construction Service, Inc. | $5,700 |
| William F. Campbell | $5,612 |
| Kevin Moore Electric, Inc. | $5,417 |
| Jeremy Cummins | $5,253 |
| Travis Yates | $5,192 |
| Studio 23 | $5,127 |
| Bazzs Roller Rink, Inc. | $5,044 |
| First Church of the Nazarene, Rensselaer, in, Inc. | $5,008 |
| R & P Goodman Trucking, Inc. | $5,000 |
| Kade Logistics, LLC | $4,600 |
| Papak, Inc. | $4,500 |
| Hannah M Madson & Max M Madson | $4,355 |
| Aaron Hovis | $4,271 |
| Jenkins Realtors, Inc. | $4,105 |
| Christina Fleming | $4,092 |
| Dionne Trucking | $4,000 |
| B & L Transport, LLC | $3,750 |
| Ritz Cinema, LLC | $3,700 |
| Bradley T. Hanewich | $3,635 |
| Sally A. Niehoff | $3,290 |
| Jean Witherington Catering | $3,285 |
| Norman Seed & Service | $3,125 |
| Michelle R. Oliver | $3,101 |
| Computer Solutions | $3,061 |
| Yoder Enterprises | $2,700 |
| Donor Care, LLC | $2,500 |
| Nicholas G. Green | $2,395 |
| Shannon D Stevens | $2,328 |
| Jared Kosta | $2,035 |
| Kristine Marie Thorndyke | $2,000 |
| AMS Towing | $2,000 |
| Richard A. Armold | $1,951 |
| Brookside Florist | $1,600 |
| Larry Koebcke | $1,364 |
| Woo Woo, LLC | $1,300 |
| K & L Trucking | $1,300 |
| Barry C. Littlejohn | $1,090 |
| Lindsay Hanewich Photography | $674 |
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