There were 25 PPP loans provided to small businesses in 2020 in ZIP Code 61865, according to the US Small Business Administration.

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 61865

 

NAME OF BORROWER CURRENT APPROVED AMOUNT
Scott Bridgman Trucking, Inc. $47,900
Brutlag Livestock Company Corporation $42,000
Kenneth Knight $29,245
Midwest Livestock Haulers, Inc. $26,500
Richard James $26,040
Stanley Remole $25,730
Philip Duncan $24,282
Lewis Lane V $20,833
Bryan D. Severs $20,832
David Heckerson $20,830
Hudson Technical Solutions, LLC $20,830
James A. Carley $19,832
Duncan's D Livestock Express $18,327
Gateway Family Services, LLC $16,865
Bryan D. Severs $15,240
Donald Heidbreder $14,970
Steve Lane $13,900
Wolfe-Blurton Funeral Home, Inc. $13,046
Potomac Church of the Nazarene $9,900
Leslie Howie $9,105
Roy Hunt $7,675
All About Floors, LLC $6,480
Seth Blackford $5,690
Lola's Bar and Grill, LLC $5,630
Kelsie L. Blackford $4,022