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 67333
Name of Borrower | Current Approved Amount |
---|---|
Kopco, Inc. | $236,200 |
Tom's Ditching & Backhoe, Inc. | $190,200 |
Engineered Systems & Equipment, Inc. | $190,000 |
Caney Agri Service, LLC | $154,000 |
G&G Dozer Company, LLC | $84,600 |
Taylor Newspapers, Inc. | $70,200 |
Melissa Daun Randell, D.D.S. | $69,700 |
Caney Pharmacy, Inc. | $52,100 |
Rolls Convenient, Inc. | $38,100 |
Arrow Valve Company, Inc. | $36,300 |
Eggberts #16 | $35,500 |
SDI of Caney KS, LLC | $34,200 |
Caney Sheet Metal | $30,700 |
Rob Scimeca Sandblasting, LLC | $28,500 |
Jim Nusz Trucking, LLC | $18,600 |
K & L Construction, Inc. | $12,300 |
Aaxcel Overhead Doors, Inc. | $12,000 |
Patriot Service Company | $11,000 |
Tosha Wren-Wren's Nest Childcare | $9,500 |
G & J Well Services, Inc. | $9,000 |
Heath Stapleton | $7,200 |
Blue SKY Liquor, LLC | $6,890 |
First Assembly of God Church, Caney, Kansas, Inc. | $6,770 |
Deerrun Oil Lease, LLC | $6,300 |
Mokat Drilling Company, Inc. | $6,175 |
Gary' Barber Shop | $5,550 |
Salem Moon Mastiffs | $3,724 |
Myrtles Market | $2,500 |