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 64491
| Name of Borrower | Current Approved Amount |
|---|---|
| Northwest Pork, LLC | $159,495 |
| Baer & Associates, Inc. | $129,100 |
| Atchison Gilt Farm, LLC | $89,684 |
| Michael P. Klosek Sr. | $72,720 |
| American Recycling & Sanitation, Inc. | $60,800 |
| Volker Farms, LLC | $59,500 |
| Peregrine Crop Insurance, LLC | $42,195 |
| Meek and Sons, LLC | $40,762 |
| Atchsion County Vet Clinic, Inc. | $33,640 |
| Tarkio Quality Auto Repair, LLC | $32,342 |
| Fred Wennihan Farms, Inc. | $31,900 |
| Craig Jones | $29,200 |
| Clay Knierim | $26,250 |
| Ronnie Martin Trucking | $24,500 |
| Ed Salmond, CPA | $22,100 |
| Samuel Hannah | $20,833 |
| Larry W. Irvine | $19,740 |
| Barry Amthor | $18,800 |
| Daniel W. Graves | $18,550 |
| Atchison County Multi-Purpose Center | $15,359 |
| Tarkio College | $14,927 |
| Matthew Amthor | $12,945 |
| L&V Farms, Inc. | $12,450 |
| Total Property Services, Inc. | $12,239 |
| True 2 U Autobody & Repair | $11,400 |
| Warren Joshua Wright | $11,310 |
| Shubkagel Holdings, LLC | $11,232 |
| The Flower Mill | $11,025 |
| Harbin Construction, Inc. | $10,500 |
| Tarkio Golf Club, Inc. | $10,250 |
| Tarkio Presbyterian Church | $8,333 |
| SW of Tarkio, LLC | $8,200 |
| Craig Vance | $8,151 |
| H & L, LLC | $7,987 |
| Bussard Insurance Agency | $7,400 |
| JVD Trucking, Inc. | $7,200 |
| Tarkio United Methodist Church | $6,988 |
| Bill Smith Trucking, Inc. | $6,909 |
| Westboro United Methodist Church | $6,460 |
| Matthew A. Brought | $5,200 |
| Leonard Kenneth McEnaney | $4,962 |
| Tommy Dow | $3,859 |
| Rod McEnaney | $3,825 |
| Hidden Beauty | $3,132 |
| Jackie L. Aeschliman | $2,560 |
| Michael Shaw | $1,447 |
| Travis Bredensteiner | $1,297 |
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