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 52339
| Name of Borrower | Current Approved Amount |
|---|---|
| Tama Health Care Enterprises, LLC | $353,361 |
| SHI R2 Solutions, Inc. | $255,300 |
| Meskwaki Travel Plaza | $197,022 |
| Brian Doyle | $148,151 |
| Hardon's, Inc. | $136,538 |
| Elite Tree, Inc. | $129,857 |
| Meskwaki, Inc. | $120,185 |
| Sand Hill Holdings, LLC | $120,000 |
| Williams Manufacturing, Inc. | $108,764 |
| Tama Livestock Auction Company, Inc. | $107,655 |
| Thomas Company, Ltd. | $100,015 |
| IN-State Livestock Supply, Inc. | $92,500 |
| Rube's II, Inc. | $88,963 |
| Fox Professional Services, Inc. | $80,451 |
| Werner's, Inc. | $78,763 |
| Bear's OK Tire Stores, Inc. | $62,683 |
| Big River Trading Company | $60,555 |
| Rick Cooper, DVM | $57,938 |
| Kenneth Bidwell | $51,388 |
| Van Hamme Construction, Inc. | $48,306 |
| Meskwaki Fuels Company | $43,817 |
| Rube's Steaks Management, Inc. | $42,932 |
| Twin Cities Construction, Inc. | $42,389 |
| St. Patrick's Catholic Church | $41,567 |
| K & M Sanitation, LLC | $36,749 |
| Kruse-Phillips Funeral Home, Inc. | $35,140 |
| Ceaser Trucking, Inc. | $32,500 |
| Wilcox Repair | $28,200 |
| Tama-Toledo Eagles Aerie Management, LLC | $25,000 |
| Richards Law Firm | $23,750 |
| Daniel Rathjen, PLLC | $23,623 |
| El Gallito Grocery Store | $22,092 |
| Nicholas A. Kubik | $21,223 |
| Glen Cline | $20,833 |
| Kaleb Bidwell | $20,833 |
| Troy Cline | $20,833 |
| American B & P, LLC | $20,800 |
| Allan Richards | $20,800 |
| Tama Toledo Country Club | $20,165 |
| Central Iowa Firewood | $19,991 |
| Tama Toledo Ace, Inc. | $16,635 |
| Fritz Family Enterprises, Inc. | $14,582 |
| Vlaznim Arifi | $14,303 |
| First Fox Services, LLC | $12,811 |
| John Karkosh | $12,139 |
| Cindy Bidwell | $11,603 |
| Living Faith United Methodist Church | $10,695 |
| Aaron Yuska | $10,145 |
| Community Resource Connections | $9,375 |
| The Pump, LLC | $8,400 |
| John Jeffrey Else | $8,320 |
| R. C. Kellogg Farms, Inc. | $7,605 |
| LG Hoskey, LLC | $7,580 |
| J & V Auto Parts, LLC | $7,005 |
| Jason S. Beyer | $6,398 |
| Derek Hamilton | $5,694 |
| Lekin Farms, Inc. | $5,207 |
| Dalton Doyle | $5,087 |
| Brenda S. Lowe | $4,912 |
| Linda Glendy | $4,833 |
| Emily Klenk | $4,803 |
| Karl D. Cruikshank | $4,410 |
| Larry Dolezal | $4,085 |
| Stein 22, Inc. | $3,750 |
| Chris Simon Construction, Inc. | $3,598 |
| Rich's Tree Service, LLC | $3,405 |
| Alfred David Timm | $3,008 |
| Insanity Pork, LLC | $2,958 |
| James C. Novotny | $2,900 |
| Daniel L. Anderson | $2,155 |
| Ross Street Roasting Company | $1,683 |
| Flex Fitness 247, LLC | $1,499 |
| Mike Haughey | $1,388 |
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