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 51445
| Name of Borrower | Current Approved Amount |
|---|---|
| Gobersen-Smith Construction Company | $6,948,402 |
| Midwest Industries, Inc. | $2,769,100 |
| Ida County Iowa Community Hospital | $2,155,400 |
| Ida Grove Family Health Center, PLLC | $244,634 |
| Byron Originals, Inc. | $231,500 |
| Hewitt Trucking, Ltd. | $221,300 |
| Kismet IDG, LLC | $186,827 |
| Schau Towing and Salvage, Inc. | $164,900 |
| Ida Grove Food Pride, Inc. | $154,300 |
| Godbersen Equipment Company | $137,500 |
| Hawkeye Fabrication, Inc. | $114,100 |
| HI Way Products, Inc. | $91,312 |
| KC Companies of Ida Grove, Inc. | $89,300 |
| Family Table of Ida Grove, Ltd. | $83,000 |
| Trendue Salon and Spa | $75,100 |
| Roger Groth | $67,982 |
| Boerner and Goldsmith Law Firm, PC | $54,443 |
| Christensen-Van Houten Funeral Homes | $52,810 |
| Ida Grove Homes, Inc. | $48,700 |
| Darwin C. Petersen | $45,700 |
| Cranston Brothers | $43,000 |
| St. Paul Lutheran Church | $41,300 |
| Laura M Parks, D.D.S. | $39,700 |
| Family Eye Care of Ida Grove, PC | $35,700 |
| Daniel Roeder | $35,300 |
| Michaelsen Construction, LLC | $32,523 |
| Maple View Farms, Ltd. | $30,300 |
| Kris Krager | $29,200 |
| Carlyle Tire, LLC | $28,800 |
| Red Power, LLC | $28,100 |
| Armstrong-Van Houten Funeral Homes | $27,568 |
| Brothers Cart World, LLC | $27,000 |
| CBT Farms, LLC | $25,500 |
| Raasch Consulting, Inc. | $25,200 |
| Randy Renze | $24,433 |
| Ida Grove Hospitality, LLC | $24,000 |
| DVD Insurance Solutions, LLC | $22,600 |
| Rodney Lindberg | $21,500 |
| Mark Forbes | $20,833 |
| Brad Christiansen | $20,833 |
| Derick Gosch Trucking, LLC | $20,800 |
| Chad Burk | $20,800 |
| Alan Siebrecht | $20,800 |
| Mason Fleenor | $20,500 |
| Roger Wunschel | $20,300 |
| Daniel Remer | $19,100 |
| JBBS, LLC | $17,800 |
| Rory Lindberg | $17,500 |
| S & S Spray Foam, LLC | $17,046 |
| James Fleenor | $16,000 |
| Steven Schug | $15,900 |
| Keith Krager Trucking, LLC | $15,700 |
| First United Methodist Church of Ida Grove, Iowa | $15,500 |
| JBCR, LLC | $15,000 |
| Ida County Abstract Company | $14,700 |
| Ida Family Chiropractic, Incorporated | $14,500 |
| Kent Krager | $14,400 |
| Deus Ex Marketa, LLC | $13,850 |
| Kevin Krager Trucking | $13,373 |
| KT Pumping | $12,917 |
| Troy Hare | $12,300 |
| Davenport Farms, Inc. | $12,000 |
| Gordon Goodenow | $11,000 |
| Levi Schug | $10,900 |
| Lanny Cipperley | $10,390 |
| G Goodenow, Ltd. | $10,163 |
| Brian Wolterman | $9,600 |
| Brian Christiansen | $9,500 |
| Shane Lindberg | $9,400 |
| Precision Towing, Inc. | $9,100 |
| Gorden's Body Shop, LLC | $9,100 |
| Rustic Lily, LLC | $9,018 |
| Flowers & More, LLC | $8,700 |
| Clint Schug | $8,500 |
| Skirvin Enterprises, LLC | $8,100 |
| Deejay Campbell | $7,900 |
| Lee Riessen | $7,700 |
| Brenner Companies, Inc. | $7,500 |
| Dennis Sykes Farms | $7,000 |
| Chad Sharkey | $6,700 |
| Ramos, Inc. | $6,400 |
| Staci Rohlk | $6,200 |
| Ida Grove Community Foundation, Inc. | $6,200 |
| Veterans Memorial Club | $6,066 |
| Marc Knudsen | $6,000 |
| Jamie Hewitt Trucking, LLC | $6,000 |
| Forbes Farms, Ltd. | $5,827 |
| Denim 2 Diamonds, LLC | $5,452 |
| Farrah Reik | $5,200 |
| Hunter Lindgren | $5,000 |
| Kyle Knudsen | $4,800 |
| Triple H Dirt | $4,600 |
| Jeremy Charles Rohlf | $4,200 |
| Badger Creek Apartments, LLC | $4,122 |
| Ballard Smith | $3,900 |
| Aaron Hoffman | $3,879 |
| Megan Wellendorf | $3,700 |
| Knudsen Express, LLC | $3,600 |
| Kollin Knudsen | $3,500 |
| Sunset Street Apartments, L. C. | $3,200 |
| Kate's K9, LLC | $2,600 |
| Gary Streck | $2,600 |
| Lee Corr, Inc. | $2,500 |
| Tracey Rohlk | $2,300 |
| Cordell Knudsen | $2,300 |
| Mark Wunschel Trucking, LLC | $1,875 |
| Joy Streck | $1,706 |
| Zane Schug | $1,600 |
| Trisha Schug | $1,500 |
| J & A Farms, Inc. | $1,472 |
| Megan Ackerman | $1,000 |
| Nana's Day Care | $890 |
| Jeffrey Schoenherr | $500 |
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