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 51108
| Name of Borrower | Current Approved Amount |
|---|---|
| American Pop Corn Company | $1,963,700 |
| Udell Trucking, Inc. | $380,607 |
| Midwest Continental, Inc. | $331,700 |
| Precision Press, Inc. | $280,000 |
| 4B Construction Company | $223,100 |
| Coughlin Landscaping, Inc. | $157,200 |
| Decleverles Corporation | $118,000 |
| Ellison Construction, LLC | $82,200 |
| Charles A. Kohn | $79,705 |
| C & S Quality Construction, LLC | $77,700 |
| KJ Angel Services, LLC | $77,500 |
| Central Baptist Church of Sioux City, Iowa | $75,400 |
| A&J Sales Enterprises, Inc. | $69,000 |
| Sonic-Drive-in, Sioux City-Trinity, LLC | $64,560 |
| Phoenix Plumbing, Inc. | $55,700 |
| Concrete Plus | $50,550 |
| Kneifl Electric, Inc. | $49,000 |
| Matthew T. Mcguire, LLC D.D.S. | $46,300 |
| Acatic, LLC | $45,742 |
| Rock Solid, Inc. | $44,710 |
| Helping Hands Preschool & Childcare, Inc. | $44,483 |
| Calvary Evangelical Lutheran Church of Sioux City | $43,491 |
| Peace Reformed Church in Amercia | $37,200 |
| Strawn Construction Services, Inc. | $35,700 |
| FX Trucking, LLC | $35,100 |
| West Livestock Transportation | $34,317 |
| Verzani Ickey Nickel, LLC | $33,551 |
| Northside Glass Service, LLC | $33,200 |
| Queen of Peace, Inc. | $31,800 |
| Shreen Morton | $30,624 |
| GMA, Inc. | $30,358 |
| Care-a-Van Transportation, LLC | $27,300 |
| Moos Plumbing, LLC | $27,000 |
| Chinese Chef, Inc. | $24,227 |
| Ellis Mobile Home Transport, Inc. | $22,283 |
| Special Troopers Adaptive Riding School, Inc. | $22,250 |
| Brittany Korver, PC | $20,833 |
| Barbara A. Maxon | $20,833 |
| Lawrence Vondrak | $20,800 |
| Siouxland Suites, LLC | $20,800 |
| Lila Mae's House | $18,600 |
| Josh Feste | $18,382 |
| Counter Top Fabricators, Inc. | $18,020 |
| Kriener Farm Management | $17,590 |
| Missouri River Marketing, LLC | $16,400 |
| Kruse Refrigeration, Inc. | $16,013 |
| Luke A. Jungers | $16,000 |
| Beau Braunger, Inc. | $15,690 |
| S&S Distributing, Inc. | $15,200 |
| Larry Roan Construction, Inc. | $15,200 |
| Jeff's Tree Service, Inc. | $14,300 |
| Prairie Rose Equestrian Center, LLC | $14,018 |
| Joseph A. Dunn | $13,880 |
| Regal Nails | $13,463 |
| A&C Construction | $13,100 |
| Perkins Brothers, LLC | $11,800 |
| Conway Sales Associates, LLC | $11,457 |
| Robyn K Raskin, PC | $11,000 |
| Steves Beane Plumbing Company | $10,339 |
| Mega Clean | $9,600 |
| Danika A. Nieto | $8,542 |
| The Greatest Escape | $8,500 |
| Stokes Lawn Care | $8,345 |
| Deurloo, Inc. | $8,280 |
| CMR Contracting, Inc. | $7,850 |
| Elite Business Services | $7,167 |
| David S. Condon | $7,095 |
| Studio 11 | $6,600 |
| Liz Deurloo Real Estate, LLC | $6,250 |
| Leeds Beauty Salon | $6,100 |
| Mike Barkley Business, LLC | $6,040 |
| Katie Knudson Design | $5,999 |
| Patrick a Walding DC, PC | $5,942 |
| Robin S. Buckholtz | $5,800 |
| Jeffrey B. Budde | $5,700 |
| Lightning Car Wash | $5,600 |
| Scott Buono | $5,595 |
| J&L Builders, Inc. | $5,000 |
| Myrtle, LLC | $5,000 |
| Latitia Book | $4,975 |
| Garrison Heating and Cooling | $4,600 |
| Kurth Lawn Care | $4,500 |
| Duwayne Harvey | $2,900 |
| Stapleton Lawn Service, LLC | $2,508 |
| Gary Roan | $2,402 |
| Dale Lynam | $2,159 |
| Stuctural Concrete, Inc. | $2,082 |
| Trevor Schirman | $1,822 |
| Kruse SW, Inc. | $1,592 |
| Mike Stapleton | $1,270 |
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