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 61759
| Name of Borrower | Current Approved Amount |
|---|---|
| Walters Trucking, Inc. | $176,078 |
| Pepper Maintenance Systems, Inc. | $137,500 |
| Dabney Trucking, Inc. | $130,380 |
| Midwestern Insurance Associates Agency, Inc. | $81,215 |
| Huffman Farm Supply, Inc. | $76,850 |
| Shawn F. Hohulin | $37,891 |
| Packard & Associates, Inc. | $35,218 |
| Brenneman Farms, Inc. | $32,000 |
| Glenn E. Schmidgall | $26,700 |
| James K. Birkey | $24,780 |
| Philip I Anderson Insurance Agency | $23,700 |
| Rm Farms | $23,360 |
| RDF Cleaning, Inc. | $22,894 |
| Minier Assembly of God | $22,655 |
| Greg A. Troyer | $21,900 |
| Duane E. Haning | $21,479 |
| Jeff D. Springer | $21,300 |
| Richard D. Brenneman | $20,833 |
| Mark Fasse | $20,833 |
| Martin Anderson | $20,833 |
| Roger D. Nafziger | $20,800 |
| Mark D. Miller | $20,800 |
| Brett E. Schmidgall | $20,800 |
| Keaton Reining | $20,800 |
| Burt Brenneman | $20,800 |
| Brian Schroeder | $19,983 |
| Minier Alignment and Service, Inc. | $19,849 |
| William E. Litwiller | $18,600 |
| K's Cafe | $15,100 |
| St. John's United Church of Christ | $14,295 |
| Bachman Custom Feeders, Inc. | $13,777 |
| Jared P. Schmidgall | $12,300 |
| HD Taxes & Business Services, Inc. | $11,550 |
| Blue Grass Creek, Inc. | $11,265 |
| Minier Tap, Inc. | $10,192 |
| Sasa Gasmart, Inc. | $9,600 |
| Nicholas A. Brenneman | $9,071 |
| Michael P. Mugler | $8,970 |
| Scott F. While | $8,292 |
| Mia South Agency, Inc. | $8,203 |
| Brian Springer | $7,964 |
| Donald W. Springer | $7,840 |
| Lynn Swartzendruber | $5,449 |
| Scott Swartzendruber | $5,114 |
| Tyler Haning | $4,507 |
| Luke Leesman | $4,368 |
| Village Flowers and Gifts | $3,486 |
| Jeffrey Talbert | $3,469 |
| Diana L. Gordy | $2,794 |
| James N. Hallstein | $1,355 |
| Stephen L. Leesman | $1,308 |
| Minier Lanes, Inc. | $1,040 |
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