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 58301
| Name of Borrower | Current Approved Amount |
|---|---|
| Michigan Implement, Inc. | $1,569,500 |
| Leevers Foods, Inc. | $1,495,700 |
| Bergstrom Automotive Management, Inc. | $1,231,700 |
| Top Shelf Energy, LLC | $1,081,418 |
| Summers Manufacturing Company | $995,600 |
| High Plains Equipment, Inc. | $656,400 |
| Farmers Union Oil Company of Devils Lake | $532,756 |
| Sioux Manufacturing Corporation | $424,000 |
| If Lafleur & Son, Inc. | $353,100 |
| DRS. Herman and Mack, PC | $320,300 |
| Klemetsruds Plumbing & Heating Company, Inc. | $311,900 |
| Devils Lake Chrysler Center, Inc. | $311,700 |
| Proz, Inc. | $300,000 |
| Lake Region Ambulance Service, Inc. | $248,065 |
| St. Joseph Catholic Church | $230,200 |
| DRS. Krein and Moen, P.C. | $209,200 |
| Paint & Glass Supply Company, Inc. | $208,200 |
| Double Z Broadcasting, Inc. | $195,200 |
| JS Vending, Inc. | $190,000 |
| The ODD Fellows and Rebekah Home of North Dakota Incorporate | $167,500 |
| Schwan Wholesale, Inc. | $164,000 |
| Monster Lawn Hydroseeding and Landscaping, Inc. | $161,000 |
| Jerome Wholesale, Inc. | $158,800 |
| Kaeren Accomodations, Inc. | $157,600 |
| Woodland Hospitality | $144,700 |
| Restaurant Operations, Inc. | $143,200 |
| Traynor Law Firm, PC | $125,700 |
| Dakota Implement, Inc. | $122,200 |
| Johnson Family Dentistry | $118,600 |
| Mr & MRS. J's Restaurant | $117,200 |
| Old Main Street Cafe | $104,500 |
| DL Clinic Pharmacy, Inc. | $103,725 |
| Joes Sport Center, Inc. | $101,700 |
| Gleason Construction, Inc. | $99,340 |
| Dairy Queen of Devils Lake, Inc. | $97,400 |
| Lake Region RV | $95,300 |
| Kristin H. Kenner, D.D.S. | $91,000 |
| Bigeye Hospitality | $89,200 |
| Schenn, Inc. | $84,700 |
| Scott Hawley | $78,552 |
| Lake Region Sheet Metal Corporation | $77,700 |
| Lake Region Livestock | $74,500 |
| Woodland Marine, Inc. | $74,200 |
| Service Tire, Inc. | $73,700 |
| Baker Farm Company | $71,800 |
| Sunnyside Childcare Center | $71,255 |
| Brown Harvesting | $69,907 |
| Britsch and Associates, PC | $69,500 |
| Lake Region Hotel Group, LLC | $67,800 |
| Devils Lake Animal Clinic | $66,800 |
| Green Valley Foods, LLC | $65,500 |
| Dakota Washmaster, LLP | $64,747 |
| Zipper Enterprises, Inc. | $62,800 |
| Newby's Hardware Devil's Lake, Inc. | $62,500 |
| Ruegranger Convenience Stores, Inc. | $62,000 |
| Beam Reach, Inc. | $59,300 |
| Decorated Wearables, LLC | $57,000 |
| Pizza Ranch of DL, Inc. | $55,910 |
| Wayne Stubson All-Risk Crop Insurance, LLP | $55,300 |
| Robert Remmick, PC, D.D.S. | $55,200 |
| Yoder Transportation, Inc. | $51,250 |
| Warrior Energy, LLC | $50,200 |
| Lakeview Dairy | $49,900 |
| Bethel Evangelical Free Church of Devils Lake | $49,000 |
| Jason Mitchell Outdoors, LLC | $48,500 |
| Alken Glass Unlimited, LLC | $48,500 |
| Ramsey Drug, Inc. | $47,000 |
| First Insurance Agency, Inc. | $46,248 |
| Gerrells and Company, Inc. | $45,500 |
| Exhaust Pros | $45,000 |
| Ramsey Company Abstract Company | $44,000 |
| Freije Chiropractic Center, PC | $43,460 |
| H. E. Everson Company of Devils Lake, Inc. | $42,700 |
| Hanson & Zinke Partnership/farmers Union Insurance | $41,500 |
| Prairie Truck and Tractor Repair Company | $41,481 |
| Quality Foundations, LLC | $40,800 |
| Charras, Inc. | $39,552 |
| Devils Lake Glass and Paint, Inc. | $39,000 |
| Medical Imaging Associates, Ltd. | $37,500 |
| Dr. Michael Remmick A. Chiropractor | $37,200 |
| City Plaza, LLC | $37,000 |
| The Glass Shop, Inc. | $36,700 |
| Neal J. Ackerman | $35,320 |
| H & H Coating's Incorporated | $34,300 |
| State Farm Insurance Kevin Vistad Agency | $34,155 |
| Kevin Bryl | $34,000 |
| Tad, Inc. | $33,670 |
| William F Thornton Crna, PC., Inc. | $33,497 |
| Creative Impressions | $33,300 |
| Swenseth Law Office, Professional Limited Liability Company | $32,300 |
| White House Cafe, Inc. | $31,303 |
| James Ackerman | $31,260 |
| Midway Properties, Inc. | $31,000 |
| Roy Kenner | $30,938 |
| St. Olaf Lutheran Church | $30,900 |
| Blueline Seamless Rain Gutters, LLC | $30,400 |
| Devils Lake Marine and Sports Center | $30,100 |
| Devils Lake Aero Repair | $30,000 |
| Lake Region Electric, Inc. | $30,000 |
| Wahl Family Auto, LLC | $29,500 |
| Soper Construction, LLP | $29,100 |
| S & S Childcare | $28,200 |
| Tony L. Nordin | $28,000 |
| Ginther Farms | $28,000 |
| Tad Schmidt Builders, LLC | $27,900 |
| Agrivision, Inc. | $27,500 |
| Ritter Huesgen, Inc. | $27,500 |
| Xtreme Signs & Graphix | $27,200 |
| Kenneth E. Schmid | $27,133 |
| Senior Meals & Services, Inc. | $26,560 |
| Bob's Truck Accessories, Body Shop & Auto Sales, LLC | $26,200 |
| Johnson Electric | $25,800 |
| Devils Lake Youth Activities Association | $25,300 |
| Dukes Car Wash & Detail, Inc. | $24,700 |
| James Mikkelsen | $24,500 |
| Pet-Lake, LLC | $24,372 |
| Go-Fer Sanitation, Inc. | $24,000 |
| Blake's Marine, LLC | $23,800 |
| Elshaug Concrete Construction | $23,800 |
| The Sunshine Clinic, PLLC | $23,700 |
| Thirsty's Bar and Grill | $23,700 |
| Lake Region Roofing, Inc. | $23,500 |
| Robert Homan | $23,315 |
| Sarel F. Du Plessis | $23,237 |
| Steven Bourcy | $22,962 |
| Fee Construction, LLC | $22,000 |
| Wakefield Flight Service, Inc. | $21,792 |
| Our Savior's Lutheran Church | $21,215 |
| Engen Law Office, PC | $21,000 |
| Trong Tran | $20,833 |
| Bry's Guide Service, LLC | $20,833 |
| Advanced Counseling for Change, PLLC | $20,832 |
| Timothy Overend | $20,832 |
| Bell Consulting, LLC | $20,832 |
| Wayne Cherney | $20,800 |
| Julie Bryl, CPA | $20,800 |
| ASH and Associates, LLC | $20,800 |
| Reid Haagenson | $20,800 |
| Donnas Painting and Decorating | $20,670 |
| Blue SKY Real Estate | $20,100 |
| Red River Home Dairy Delivery, LLC | $20,000 |
| The Right Touch Hair Studio | $20,000 |
| Ye Olde Tavern, LLC | $19,700 |
| Sylling Construction, LLC | $19,089 |
| Adeline's Hairstylists | $18,900 |
| RCJ Management, Inc. | $18,800 |
| Brian Reslock | $18,472 |
| Joe & Bros Mow for Dough, LLC | $18,400 |
| Ty's Lodge, Inc. | $17,866 |
| Hanlan Trucking | $17,605 |
| George Brown | $17,600 |
| Knutson's Body Shop, Inc. | $17,500 |
| Lawrence Weber | $17,065 |
| Jon Brown | $17,000 |
| Lakeview Lodge | $16,500 |
| Bert's Deep Rock | $16,500 |
| Jonathan Ewert | $16,438 |
| Gessner Iron Works, LLC | $16,300 |
| First United Methodist Church | $16,200 |
| Lake Region Painting Service | $16,200 |
| Bradley Larson | $16,042 |
| John Philip Hertzell | $15,384 |
| Shear Paradise | $14,600 |
| Dajaa Enterprises, LLC | $14,437 |
| Paul's Asian Food, Inc. | $14,400 |
| First Choice Promotions, LLC | $14,100 |
| North Dakota Petroleum Equipment, Inc. | $14,100 |
| Maa Laxmi, Inc. | $14,015 |
| The Columbus Club and Building Association of Devils Lake | $13,900 |
| Nellie's Bar and Lounge, Inc. | $13,820 |
| Dean & Heidi Bittner Farms | $13,800 |
| Lake Region Builders | $13,000 |
| The Liquid Bean | $12,800 |
| Lifewise Associates, LLC | $12,250 |
| Leibfried Construction | $12,200 |
| Mary E Lundy, PT, Inc. | $12,100 |
| Eric D. Tohm | $11,458 |
| Schoepp Family Chiropractic, P.C. | $11,370 |
| Emil R. Schoenfish | $11,220 |
| Devils Lake Aero Service | $11,200 |
| Lake Region Diesel, Inc. | $11,125 |
| Lone Tree Designs | $11,000 |
| Sue's Travel Center | $11,000 |
| Jarrod Stubbe | $11,000 |
| Rush Valley House Movers, Inc. | $10,700 |
| Johnnie Candle | $10,590 |
| Lake to Prairie Investments, LLC | $10,525 |
| Richard E. Rham | $10,400 |
| Aspiring Hope Therapy | $10,300 |
| Edward Brown | $10,200 |
| M & Z Enterprises, Inc. | $10,200 |
| Devils Lake Greenhouse, LLC | $10,100 |
| Starkweather Plumbing & Heating | $9,980 |
| Terry Leuhring Farm | $9,925 |
| Mccarthy Electric, Inc. | $9,275 |
| Elements Therapeutic Massage | $9,100 |
| Sander Holdings, LLC | $8,800 |
| The Westminster Presbyterian Church of Devils Lake | $8,800 |
| Daniel Lagein | $8,770 |
| Barry Homan | $8,750 |
| Lake Region Fitness Corporation | $8,707 |
| Zachary Schemionek | $8,557 |
| Jeff Wahl & Associates | $8,475 |
| Home Sweet 'second' Home Childcare | $8,340 |
| Donald Mertens | $8,132 |
| Lake Region Heritage Center, Inc. | $8,100 |
| Lu's Live Bait | $8,000 |
| The Blue Hippo, LLC | $8,000 |
| Brianne Langton Realtor | $7,800 |
| Wade Shively | $7,800 |
| Lakeside Dry Cleaners | $7,590 |
| Ray's Painting Service | $7,500 |
| Marco Tollefson | $7,500 |
| E & T Electric, LLC | $7,442 |
| Harrison Sales and Service, Inc. | $7,200 |
| Lake Region Community Service Program | $7,110 |
| Tanner | $7,075 |
| Stump Lake Park | $7,000 |
| Studio 1312 | $6,700 |
| Hope Center of Devilslake | $6,475 |
| Brent Luehring | $6,210 |
| Pete' Bait Shop | $5,958 |
| Devils Lake Ata, Inc. | $5,870 |
| Locks & Beards, LLC | $5,800 |
| Greater Dakota Homes, Inc. | $5,200 |
| Thompson & Thompson | $5,000 |
| Charles Nelson | $4,940 |
| Whitney Deseth | $4,928 |
| Mickey's Currency | $4,865 |
| Depot Stor-All, LLC | $4,850 |
| Jerry Ratzlaff | $4,500 |
| Tanner Komrosky | $4,445 |
| Ryan Iverson | $4,317 |
| The Branding Iron, Inc. | $4,240 |
| Nancy Myklebust | $4,236 |
| Steven Kennedy | $3,915 |
| Perch Patrol Guide Service, Inc. | $3,900 |
| Roston Newton | $3,800 |
| Devils Lake Hospitality, Inc. | $3,700 |
| Tom Backer Fishing Promotions | $3,586 |
| White Knights Crossfit, LLC | $3,500 |
| Devils Lake Fishing Report, LLC | $3,253 |
| Christopher Wahl | $3,250 |
| Katie Myklebust | $3,138 |
| The Day Maker's Salon | $3,000 |
| Alvin Thomas | $2,800 |
| Richard Bryl | $2,700 |
| True Bliss, LLC | $2,600 |
| North Country Car Wash | $2,600 |
| The Needle's Eye | $2,356 |
| Dustin Larson | $2,233 |
| Maryln Miller | $2,000 |
| Sheldon Severtson | $1,750 |
| Jeffery Wahl | $1,500 |
| Brady Larson | $1,497 |
| Darin Thomas | $1,300 |
| Mike A. Nowatzki | $1,100 |
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