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 54891
| Name of Borrower | Current Approved Amount |
|---|---|
| Northern Lights Services, Inc. | $721,700 |
| Washburn Iron Works, Inc. | $389,400 |
| Lake Superior Big Top Chautauqua, Ltd. | $121,200 |
| Edmunds & Company Log Home Restorations, LLC | $108,146 |
| Nixit Investments, LLC | $107,600 |
| Marine Management, Inc. | $103,400 |
| Dahl Construction Company | $100,350 |
| Blong, Inc. | $89,200 |
| Olson Building Materials, Inc. | $80,200 |
| Lake Effect Builders, Inc. | $69,400 |
| Spears Carlson & Coleman S. C. | $59,200 |
| Rivard Enterprises, LLC | $54,935 |
| Ron's Repair, LLC | $49,855 |
| Pearl Beach Construction Company | $47,388 |
| Brownstone RX, LLC | $37,800 |
| Time out Restaurant, Inc. | $34,802 |
| Country Care Pet Hosptial, LLC | $33,200 |
| Good Thyme, LLC | $30,507 |
| Birch Street Excavating & Septic Service | $30,060 |
| St. Louis Catholic Congregation | $27,300 |
| Kreuser Clinic, S. C. | $26,612 |
| TRY Companies, LLC | $26,335 |
| Valhalla View Pub & Grub | $26,145 |
| Wren Beach Rentals, Inc. | $24,239 |
| Birch Haven North, LLC | $23,400 |
| General Core, Inc. | $21,600 |
| Mr Window of Washburn, Inc. | $21,195 |
| Cady Plumbing and Hvac, LLC | $18,941 |
| Pathways, Inc. | $18,600 |
| Frenchies, LLC | $17,098 |
| Anderson Electric, LLC | $14,935 |
| The Snug, LLC | $13,793 |
| Latitudes Landscaping Incorporated | $13,670 |
| Washburn Hardware, LLC | $12,888 |
| Messiah Lutheran Church | $12,815 |
| Pipgras Alltemp Heating and Cooling, LLC | $12,800 |
| Apostle Islands Realty, Inc. | $12,625 |
| Slam, LLC | $12,015 |
| Turner Painting | $11,512 |
| Cooks, LLC | $11,400 |
| Karlyn Yellowbird Gallery, LLC | $11,250 |
| Bill's Auto Body, Inc. | $10,650 |
| Chequamegon Bay Collaborative Ministry | $10,560 |
| Affordable Auto Repair of Washburn, LLC | $10,279 |
| Wingspan, Ltd. | $10,000 |
| Gary M Foss | $9,700 |
| RCMS, LLC | $9,045 |
| Wintergreen Remodeling, LLC | $8,500 |
| Waite Painting | $6,992 |
| Earth Sense Landscaping, LLC | $6,290 |
| Chequamegon Community Church | $6,083 |
| I Care | $5,570 |
| Care I. | $5,570 |
| Sky Bark Bay Registered Holsteins | $4,990 |
| Bizy Does It, LLC | $4,942 |
| Kimberly Jones | $4,582 |
| Richard M. Avol | $4,400 |
| Kevin M. Tetzner | $3,392 |
| Perfect Touch Therapeutic Massage, LLC | $3,305 |
| Gregory E. Tetzner | $2,565 |
| Harbor North Counseling | $2,400 |
| Catherine Morey | $950 |
| Matthew J. Tetzner | $937 |
| Peter G. Tetzner | $852 |
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