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 62644
| Name of Borrower | Current Approved Amount |
|---|---|
| Mason District Hospital | $2,200,609 |
| Snedeker Risk Management, Ltd. | $222,689 |
| Jack Tanner Towing Company, Inc. | $221,965 |
| Stinauer Family Dentistry, Inc. | $215,200 |
| Kifco, Inc. | $199,769 |
| Prairieland Council, Inc. | $162,550 |
| Central Illinois Irrigation, Inc. | $150,000 |
| Martin Publishing Company | $110,545 |
| Specketer Trucking, LLC | $108,726 |
| Liberty Dental, Inc. | $100,635 |
| Stelter-Hofreiter, Inc. | $96,204 |
| R & Q Corporation | $90,853 |
| L. Kahn & Son, Inc. | $89,047 |
| Armitage Collision Center, Inc. | $88,504 |
| Hurley Funeral Home, Ltd. | $62,671 |
| B&B Motors, Inc. | $53,500 |
| Tracer Industries, Inc. | $48,640 |
| Atag, Inc. | $46,080 |
| Perbix & Morgan | $43,000 |
| Performance Automotive, LLC | $42,239 |
| Havana Community Christian Daycare | $37,826 |
| S & D Trucking, Inc. | $36,388 |
| Michael D. Specketer | $35,606 |
| Kolves Auto Parts | $35,036 |
| Prairie Ridge Veterinary Clinic, PC | $34,915 |
| Roat Farms | $33,340 |
| Joshua Peterson | $28,790 |
| Knuppel & Lindner | $28,300 |
| Scarab Trucking, Inc. | $27,987 |
| Stephens & Sons Furniture, Inc. | $27,885 |
| Douglas Fornoff | $25,960 |
| Randall R. Fornoff | $25,693 |
| Friedrich Brothers, Inc. | $24,670 |
| Dennis R. Hahn | $24,467 |
| Sula Enterprises, Inc. | $22,910 |
| Havana Fuels, Inc. | $22,169 |
| Atwater Garage | $21,775 |
| Perkins Seed House | $21,325 |
| Leland K. Specketer | $20,833 |
| Kyle Specketer | $20,833 |
| Williams Insurance | $20,057 |
| St. Patrick Catholic Congregation | $18,600 |
| Nathan Turner Insurance & Financial Services | $18,473 |
| Lindsey B. McClelland | $18,080 |
| Spencer's Plumbing & Pump Service | $17,760 |
| Bleem Family Chiropractic, Inc. | $17,492 |
| Babe's Havana, Inc. | $16,111 |
| Rodney Richardson | $15,572 |
| Havana Church of Christ | $15,100 |
| Leann K Bonnett CPA, LLC | $14,813 |
| Rod ATT, Inc. | $13,793 |
| David R. Dierker | $13,783 |
| Hahn Farms, Inc. | $13,500 |
| Stag Tap, Inc. | $11,177 |
| Anthony D Roberts Chiropractic | $11,165 |
| Griffin Electric, Inc. | $8,860 |
| MA's Got a Notion | $8,832 |
| Bradley Zeeck | $8,717 |
| Kennedy-Sarff Real Estate, LLC | $7,595 |
| Havana Church of the Nazarene | $7,500 |
| Rory J. Obrien | $7,364 |
| Chinatown, LLC | $7,019 |
| Dax Louderman | $6,919 |
| Nath Hospitality, Inc. | $6,767 |
| Illinois Valley Seed, LLC | $6,500 |
| Darell D. Sarff | $6,222 |
| Touch of Class Tanning & Nails, LLC | $6,110 |
| Michele's Pizza | $6,063 |
| Gary E. Gathman | $6,000 |
| Zellers Heating & Cooling | $5,931 |
| Teila Arthalony | $5,032 |
| Casey McCausland | $3,903 |
| Gail M. Wilson | $3,627 |
| Mary Jean Stockham | $3,626 |
| Cody A. Zeeck | $3,499 |
| Construction | $2,022 |
| Blue Butterfly Resale Shop | $1,572 |
| Rachel Dolaz | $871 |
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