The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Sek Cooperation, Inc. | $533,480 |
| Yates Center Drug, Inc. | $99,600 |
| Owens Petroleum Services, LLC | $83,200 |
| Woodson County Prime Meats | $74,237 |
| Matthew Standridge, LLC D.D.S. | $71,697 |
| Ibbetson Bros, LLC | $59,600 |
| BVD, Inc. | $46,077 |
| Kimbell Ranch | $33,000 |
| Yates Center Elevator, Inc. | $30,700 |
| Glenroy F. Massoth | $20,833 |
| Leonard E. Robbins II | $20,832 |
| Riley D. Robbins | $20,832 |
| Grisier Farms | $20,800 |
| CC Auctions, LLC | $20,800 |
| Superior Building Supply, Inc. | $19,800 |
| Sievers Auto, Inc. | $19,500 |
| Pierpoint Farms, Inc. | $18,700 |
| Henry L. Eggers | $15,200 |
| Chance Knight | $14,000 |
| Dane M. Johnson | $13,872 |
| Shepard Farm & Construction | $13,400 |
| Troy Birk | $13,125 |
| R Bar Ranch Trucking, LLC | $13,100 |
| Clinton J. Grisier | $12,600 |
| Amos Smith | $12,178 |
| Benjamin D. Stockebrand | $11,550 |
| TS Construction General Contractors, Inc. | $11,100 |
| Hys Filling Station, LLC | $10,600 |
| Hardy Fence, LLC | $9,000 |
| Karen S. Starkey | $8,500 |
| Morrison Oil | $8,000 |
| Yc Tire & Auto, LLC | $7,913 |
| Yoho & Son Tire Cutting Service | $6,950 |
| Class Act Down Under | $6,900 |
| O-Auto Wash, LLC | $6,400 |
| Blackjack Liquor, LLC | $6,200 |
| Yates Center News | $5,900 |
| Jarred Anthony Leis | $5,571 |
| Cornerstone Bakery, LLC | $5,500 |
| Brenda K. Holloway | $5,250 |
| Michael E. Holloway | $5,250 |
| Matthew J. Leis | $5,000 |
| Innovative Designs & Construction, LLC | $4,750 |
| Playscape Recreation, LLC | $4,050 |
| Rory C. Smith | $3,900 |
| Spencer Jaynes Agency | $3,650 |
| William H. McNeil | $3,300 |
| Mardelle Pringle | $3,000 |
| Steiners Hair Today | $2,950 |
| Cummings & Son Haulding | $2,650 |
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