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 58282
| Name of Borrower | Current Approved Amount |
|---|---|
| Harvest Fuel, Inc. | $349,200 |
| Walhalla Community Hospital Assocation | $324,000 |
| Elkhorn Farms, LLP | $195,000 |
| Johnson Farms | $164,700 |
| Walhalla Building Center, Inc. | $107,400 |
| Pembina Gorge Foundation | $82,600 |
| Walhalla Cooperative Oil Company | $80,200 |
| Johnson Foundation Seed Farm, LLP | $74,300 |
| Bjornstad Farms | $72,000 |
| Clark Gravel and Construction, Inc. | $70,100 |
| Walhalla Farmers Grain, LLC | $62,200 |
| Soeby Motor Company | $52,400 |
| Longtin Farms | $48,300 |
| BNB Remodeling & Construction, LLC | $48,100 |
| Walhalla Prescription Shop, Inc. | $47,300 |
| Darrin & Luke Longtin Farming Company | $45,700 |
| S&S Grain, Inc. | $44,000 |
| James K. Metelmann | $36,605 |
| Walhalla Insurance Agency, LLC | $35,100 |
| Mark Bjornstad | $34,682 |
| Walhalla Agent Service, LLC | $33,900 |
| Letexier Cleaning Service | $27,200 |
| Tom Karel Farms | $27,087 |
| Schurman Concrete, LLC | $26,500 |
| Kids Choice, Inc. | $25,600 |
| Yt Construction, LLC | $23,400 |
| Brian Allen Hardy | $23,389 |
| Patrick Dunnigan | $23,300 |
| Tom Eagan | $21,815 |
| Dustin Hardy | $21,490 |
| JB2 Construction | $21,200 |
| Joel Smith | $20,833 |
| Berg Farms | $20,833 |
| Brian Danielson Consulting | $20,800 |
| Tim Smith | $20,800 |
| Jerad Berg | $20,600 |
| Jayden Rollness | $19,610 |
| Forestwood INN, LLC | $17,000 |
| Jackson's Bar, Inc. | $15,200 |
| Gregory Hornung | $14,250 |
| Michael Smith | $13,800 |
| Walhalla Lurtheran Church | $13,000 |
| Homestead Investments, LLC | $11,800 |
| John Rock McDonald | $11,532 |
| Truperc, Inc. | $11,400 |
| David Wieler | $11,000 |
| On Prairie Software, Inc. | $10,700 |
| Phillip Longtin | $10,462 |
| Walhalla Country Club | $9,300 |
| Blair's Disc Sharpening | $7,400 |
| Carpenter's Rock & Gravel Company | $6,750 |
| Michael Stremick | $6,000 |
| Christopher Stremick | $6,000 |
| Waters Family Restaurant | $5,900 |
| The Parcel Barn | $3,750 |
| New Beginning Family Salon | $3,400 |
| Jared Johnson | $2,600 |
| Todd Danielson | $2,000 |
| Chizzy's, Inc. | $1,600 |
| Horgan Construction | $1,600 |
| Cindy Danielson | $1,400 |
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