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 69163
| Name of Borrower | Current Approved Amount |
|---|---|
| Lincoln County Feedyard, LLC | $506,800 |
| Frey Pivot Service, Inc. | $57,669 |
| Wells Enterprises, Inc. | $51,697 |
| M4 Trucking, LLC | $48,800 |
| AL Silencer, Inc. | $42,100 |
| Eldon Starr | $39,600 |
| Jay M. Peterson | $39,262 |
| Milldale, Inc. | $34,900 |
| MJK, CPA, PC. | $31,600 |
| C James & Kristin Opela | $28,720 |
| T & S Trucking, LLC | $27,100 |
| BHB, LLC | $21,900 |
| Diamond Bar Ranch, Company | $21,300 |
| Travis Hansen | $20,833 |
| Frimann Insurance Agency | $20,800 |
| Franklin Kramer | $17,900 |
| Stapleton Cooperative Market & Deli | $16,482 |
| Johnston Well Drilling, LLC | $15,625 |
| Clifford Kramer | $14,400 |
| South Loup Seed, Inc. | $13,300 |
| Walz Construction, LLC | $13,200 |
| Diamond Grid Nebraska, LLC | $12,600 |
| Rodney R. Schaeffer | $12,068 |
| Klosen Land and Cattle Company | $11,125 |
| Frey's Heating & Air, Inc. | $10,700 |
| Kenner Performance Horsescaleb Kenner | $8,894 |
| Creative Printers, LLC | $8,646 |
| Baumgartner Construction | $8,200 |
| AWM Unlimited, LLC | $8,034 |
| St. John the Evangelist Catholic Church | $7,343 |
| Thomas G. Walz | $7,000 |
| Walz Farms, LLC | $6,800 |
| Leetch Trucking, LLC | $6,400 |
| Frey's Propane, Inc. | $6,250 |
| Doyle Ranches, Inc. | $5,800 |
| The Feed Bunk, LLC | $5,792 |
| Frey Farms Partnership | $5,700 |
| Ronald L. Uphoff | $5,580 |
| JCC Trucks, LLC | $5,100 |
| Tanner Collins | $3,174 |
| Teejay Myers | $2,900 |
| Healing ARTS Massage Center | $2,900 |
| Victor N. Florea | $2,602 |
| Bonnie K. James | $1,479 |
| Melissa A. Freeze | $1,141 |
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