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 54893
| Name of Borrower | Current Approved Amount |
|---|---|
| St. Croix Chippewa Indians of Wisconsin | $6,366,602 |
| Northwest Passage, Ltd. | $1,517,300 |
| Hopkins Sand & Gravel, Inc. | $649,657 |
| R & J Grocery Enterprises, LLC | $531,635 |
| TBO Companies, Inc. | $80,400 |
| Arlan Pope Construction, Inc. | $73,048 |
| Triple J Lawn & Dock Service, LLC | $62,000 |
| Estridge Proeprties | $54,098 |
| Auto Hunter, Ltd. | $52,790 |
| A to Z Automotive, Inc. | $50,800 |
| Education and Brad Peterson Construction | $45,900 |
| CJ Quality Plumbing, LLC | $44,000 |
| North American Aggregate, LLC | $38,100 |
| Countryside Acres Assisted Living, LLC | $34,000 |
| Taylor Funeral Homes, Inc. | $33,400 |
| Wagner Surveying Associates, Inc. | $28,888 |
| The Tap Bar & Grill, Inc. | $27,761 |
| Wild Bill's Sporting Goods & Spirits, Inc. | $27,500 |
| Yellow Lake Sales, LLC | $20,832 |
| Second Amendment Transportation, LLC | $20,832 |
| Northern Lites Exteriors, LLC | $20,800 |
| Pillar to Post Home Inspectors | $20,015 |
| Big Water Properties Operations, LLC | $19,368 |
| Jeshua Wilson | $18,332 |
| Vasatka Enterprises, Inc. | $17,830 |
| Kirsten J. Werdier | $15,847 |
| Humane Society of Burnett County, Inc. | $15,728 |
| Lambs Painting and Cleaning, Inc. | $14,528 |
| Sam Loiland, LLC | $14,018 |
| RJ Construction | $11,167 |
| Jo Mama's Cafe | $10,840 |
| KCB Fox, LLC | $7,100 |
| Weekend Properties, Inc. | $6,599 |
| Second Amendment Transportation, LLC | $4,167 |
| Yellow River Saloon, LLC | $3,600 |
| Kym Christopherson | $1,317 |
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