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 |
|---|---|
| ARNT Construction Company, Inc. | $1,672,742 |
| Stockness Construction, Inc. | $1,213,700 |
| Northside Construction, LLC | $720,497 |
| Precision Landscape & Tree, Inc. | $473,127 |
| Blue Heron Grill, Inc. | $426,500 |
| Third Iron, LLC | $413,066 |
| MCMC, LLC | $395,021 |
| Hydrametrics, LLC | $357,900 |
| Imperial Wall, Inc. | $314,800 |
| Glass Mountain Farms, LLC | $312,837 |
| One Oak Enterprises, LLC | $275,300 |
| Lawremar, Inc. | $275,000 |
| STF Services, Inc. | $262,447 |
| GPR & Era, Inc. | $195,450 |
| Invision Services, LLC | $194,800 |
| S & B Center Corporation | $189,100 |
| Drytech Company, LLC | $189,067 |
| Mechanical Air Systems Incorporated | $179,900 |
| Antique Wood Products, Inc. | $176,165 |
| Ruelas Grill and Cantina, LLC | $175,549 |
| Ruffridge-Johnson Equipment Company, Inc. | $171,200 |
| Themed Concepts, LLC | $156,752 |
| Noble Welding & Manufacturing, Inc. | $150,000 |
| Select Demo, LLC | $145,700 |
| North Country Auto Body, Inc. | $143,000 |
| Lakeview Family Dentistry, LLC | $137,064 |
| Kerstens Auto Sales, Inc. | $132,800 |
| Nugent Sealcoating, Inc. | $130,244 |
| Rj's Property Maintenance | $122,086 |
| Morty Construction, Inc. | $121,601 |
| Hugo Dental Care PA | $115,124 |
| Referral Carpet and Floor Services, Inc. | $112,893 |
| Rio Aggregate Services, Inc. | $112,863 |
| Game Breeders of Oneka, Inc. | $108,700 |
| Green Value Nursery, Inc. | $105,635 |
| North Star Podiatric Laboratories, Inc. | $99,860 |
| PK Group, LLC | $98,594 |
| Design House Greetings, Inc. | $93,350 |
| L'Allier Concrete, Inc. | $92,000 |
| Twin Cities Rehab, Inc. | $80,607 |
| TGK Automotive, Inc. | $79,800 |
| Hugo Post No. 620 the American Legion Holding Corporation | $76,400 |
| Allied Electrostatic of MN., Inc. | $71,241 |
| Ranger Property Services | $65,800 |
| Woodloch, Inc. | $63,993 |
| Sprouts Pediatric Dentistry, PLLC | $59,100 |
| Francis Miron | $57,279 |
| Minnkota Architectural Products Company, Inc. | $56,690 |
| Dinius Plumbing Company | $52,500 |
| Karen Harmening | $43,300 |
| J Olson Tool, Inc. | $43,200 |
| Northern Lights Companies Incorporated | $40,825 |
| S&a Landclearing | $38,590 |
| Gregory Construction, Inc. | $35,147 |
| Suzanne R Holt, LLC | $34,968 |
| Minntek Solutions, Inc. | $34,676 |
| Skyway Transporting, LLC | $29,665 |
| CMBR, LLC | $27,400 |
| Kay Enterprises, LLC | $26,910 |
| Birchwood Auto Service | $26,096 |
| Star Swim Club, Inc. | $26,020 |
| MW Consulting Solution, Inc. | $25,403 |
| Guys and Dolls Salon | $23,202 |
| JV Summit Corporation | $23,199 |
| John F. Lutz | $22,583 |
| Leo Lutz | $21,956 |
| Darsony Consulting, Inc. | $21,341 |
| Long Life Family Adult Day Services, LLC | $21,025 |
| Elite Engineering, Inc. | $20,900 |
| Plant Research Services, LLC | $20,834 |
| Plant Research Services, LLC | $20,833 |
| Superior Production Group, LLC | $20,833 |
| Westy's World, LLC | $20,833 |
| Superior Production Group, LLC | $20,833 |
| Vidal Hernandez | $20,833 |
| Charles Nosie | $20,833 |
| RXG Construction, LLC | $20,833 |
| Kory Carlson | $20,833 |
| Sjwest Consulting, PLLC | $20,832 |
| NJW Sales, LLC | $20,832 |
| New Look Lawncare, LLC | $20,832 |
| Keith Dewolf | $20,832 |
| Nick Cutrone | $20,832 |
| Brad Timmons | $20,832 |
| Mint Motors, LLC | $20,832 |
| Roman Prescott | $20,832 |
| Jacques Ducharme | $20,800 |
| Michael Belz | $20,800 |
| Dezel Jones | $20,800 |
| Ronald Redlinger Law Office, LLC | $20,800 |
| John Gitzen | $20,800 |
| Evan Miller | $20,800 |
| Lori Glasow | $20,800 |
| Lange, Inc. | $20,600 |
| Mary Geisenhoff | $20,492 |
| Mckeague Enterprises, LLC | $20,339 |
| Steven Iverson | $20,052 |
| Sadiq Punjani | $19,657 |
| Thor Connect, LLC | $19,308 |
| Stephanie Sears | $19,091 |
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