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 57274
| Name of Borrower | Current Approved Amount |
|---|---|
| Webster Scale, Inc. | $732,000 |
| Bethesda Home | $501,100 |
| Foothills Contracting, Inc. | $463,400 |
| Dakota Foundry, Inc. | $414,820 |
| Snaza Implement, LLC | $197,200 |
| Dave Hahler Automotive, Inc. | $175,000 |
| Dakota Fiberglass, Inc. | $170,700 |
| Twin Valley Tire & Community Oil, Inc. | $146,700 |
| Dave's Marine, Inc. | $120,900 |
| Delaney, Nielsen & Sannes, P.C. | $114,800 |
| Boomtown Enterprises, Inc. | $89,200 |
| Northland Auto Center, Inc. | $80,200 |
| Kwasniewski Enterprises, Inc. | $75,000 |
| Sheyenne Transport, LLC | $69,800 |
| Northstar Mechanical, Inc. | $69,684 |
| Vernae, LLC | $64,368 |
| Kuecker Seed Farm, Inc. | $57,400 |
| Aw Geez, Inc. | $52,700 |
| Waletich Farms | $47,000 |
| Matthew Johnson | $44,400 |
| Benjamin Johnson | $43,500 |
| A & S Hardware, Inc. | $39,600 |
| Dennis Johnson | $38,600 |
| Webster Auto Care, Inc. | $37,371 |
| Day County Printing, Inc. | $37,100 |
| J and H Veterinary Clinic, P.C. | $35,907 |
| St. John's Lutheran Church | $35,500 |
| G Todd Garry, Public Accountant | $31,000 |
| Peterson, Inc. | $30,800 |
| Lonnie Amundson | $29,509 |
| Kent Hesla | $28,600 |
| Vanderlinden Family Farms, Inc. | $27,400 |
| Wik Trucking, LLC | $27,100 |
| Fiksdal Funeral Service, Inc. | $27,100 |
| Christensen Ambulance Service | $25,900 |
| The Diner on Main, LLC | $25,612 |
| Meland Hay Grinding, LLC | $25,600 |
| John Schiley | $24,580 |
| TLC Physical Therapy, Inc. | $22,675 |
| Woodys Sports Bar, LLC | $21,717 |
| Herbert Mckennett American Legion Post # 40 Club | $20,200 |
| Leroy Czmowski | $19,800 |
| Jirava Ventures, Inc. | $19,095 |
| Robert Whitmyre | $18,885 |
| Nicholas Lesnar | $18,000 |
| Ridge Electric, Inc. | $17,700 |
| Bullert Automotive, LLC | $17,500 |
| Shoemaker Industries, Inc. | $17,400 |
| Coteau Hills Construction, Inc. | $17,081 |
| Reetz Farms, Inc. | $17,000 |
| Jonathan G Anderson CPA, PC | $16,865 |
| B-F James & Sons, Inc. | $16,100 |
| CMB Oil & Gas, Inc. | $15,798 |
| Leon Gaikowski | $14,900 |
| D&D Johnson Lumber | $14,600 |
| David E. Dulitz | $14,317 |
| Fischer Bookkeeping | $14,300 |
| American Lutheran Church | $13,817 |
| The Decoy Bar, LLC | $13,100 |
| Spot on Printing, LLC | $12,763 |
| The Crabby Lady | $12,400 |
| Sportsmans Cove, LLC | $12,400 |
| Christ the King Parish of Day County | $11,700 |
| VFW of the US Department of SD 4690 Webster VFW SD | $11,600 |
| Dakota Services, LLC | $11,000 |
| Glacial Lakes Electric, LLC | $10,475 |
| Dwight Olson | $10,100 |
| Ema Properties, LLC | $9,300 |
| Bradley A. Nolte | $9,100 |
| LA Bella Vita | $8,900 |
| Raymond A. Lardy Jr. | $8,600 |
| Sinner, Inc. | $8,300 |
| Glacial Lakes Bait | $8,095 |
| Agtech, LLC | $7,500 |
| United Methodist Church of Webster | $7,100 |
| New Frontier Steakhouse & Lounge | $7,047 |
| Concord Services, LLC | $6,900 |
| John Schiley Construction, LLC | $6,500 |
| Randy Czmowski | $6,500 |
| Darrell R. Aldrich | $6,400 |
| Rebecca Voss | $6,300 |
| Megans Daycare | $6,288 |
| On the Road Services, LLC | $6,250 |
| Dorsett Chiropractic Center, Professional, LLC | $6,100 |
| Brian Ninke | $5,615 |
| Charla Shoemaker | $5,300 |
| Kruse Properties, LLC | $5,300 |
| Wendell Cory Ewing | $5,287 |
| Neil Keith Zochert | $5,202 |
| Wayne Schlotte | $5,200 |
| Day County Hvac, LLC | $5,200 |
| Skeide Graveling, LLC | $5,200 |
| Paula J Bearman, PC | $5,062 |
| Debbie Baumgarn Insurance, LLC | $5,050 |
| Bears Den Lodging, LLC | $5,000 |
| Gary Wik | $4,500 |
| Justin Carlson | $4,300 |
| Perfect Pickins, LLC | $4,200 |
| Karmen Case | $4,200 |
| Leigh Johnson | $4,100 |
| Robs Septic, LLC | $3,958 |
| Bowndree Veterinary Service, LLC | $3,900 |
| The Blossom Shoppe & Gifts, LLC | $3,900 |
| Revive Therapeutic Massage, LLC | $3,900 |
| All Over Roofing, LLC | $3,872 |
| Jay Aadland | $3,600 |
| Krege Family Chiropractic, PC | $3,541 |
| Miguel Ponce | $3,500 |
| Brickyard Properties, LLC | $3,437 |
| Jessica Kretzschmar | $3,347 |
| Ericka Aldrich | $3,100 |
| L & L Bowling Center | $3,000 |
| Brian Guthmiller | $2,907 |
| Mark Pischke | $2,800 |
| Roy E. Aldrich | $2,300 |
| James Hommel | $2,200 |
| Reel Therapy Guide Service | $2,200 |
| Nancy Kiefer | $1,185 |
| Theresa Popham | $1,000 |
| Coester Funeral Home, Inc. | $500 |
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