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 |
---|---|
Wausau Tile, Inc. | $3,532,200 |
Imperial Industries, Inc. | $2,882,100 |
Krueger Wholesale Florist, Inc. | $1,924,700 |
Schuette, Inc. | $1,875,600 |
Wausau Homes | $1,044,821 |
C. T. Gray, Inc. | $436,500 |
Creek Hotels, Inc. | $245,195 |
BRB Autobody Yach Bro's, Inc. | $167,000 |
Home Insulation Company of Wausau, Inc. | $164,300 |
Gills Food Mosinee, Inc. | $145,400 |
The Bar of Wausau, Inc. | $125,890 |
Brian Luedtke & Associates Construction, LLC | $124,100 |
Featherstone Manufacturing, Inc. | $123,997 |
Vankin Holdings, Inc. | $123,000 |
Wickersham Jewelry., Inc. | $120,000 |
Sawmill Mini Golf, LLC | $119,800 |
The Tanning Studio Corporation | $119,000 |
Glaser Dental, S. C. | $102,600 |
B&T of Wausau, Inc. | $90,500 |
MPC Solutions, LLC | $78,500 |
Bethlehem Community Preschool, Inc. | $70,400 |
FTS Acquisition, LLC | $69,900 |
HPI Properties, LLC | $63,900 |
Skutak Dental, S. C. | $60,537 |
St. Therese of the Child Jesus | $58,000 |
RG Remuda, LLC | $56,400 |
St. Mark Parish | $54,200 |
Papillon's Pizza L | $52,800 |
CWC&ec, LLC | $43,552 |
Coral Lanes | $42,700 |
The Krieg Agency, Inc. | $41,555 |
Prime Hospitality, LLC | $37,500 |
MT. Calvary Lutheran Church | $32,000 |
Chase Outdoors, LLC | $27,200 |
Bamboo Hut Chinese & Thai Cuisine | $24,492 |
Rothschild Express, LLC | $22,200 |
Millspec Group, LLC | $21,000 |
King Buffet 1035, Inc. | $19,307 |
Parn Yang | $18,729 |
Energy Express | $17,377 |
A to Z Flooring and Tile, Inc. | $16,600 |
Scott E. Thompson | $16,300 |
21 Pub | $16,200 |
Thelma's Bridal, Inc. | $14,700 |
Tousled, LLC | $10,800 |
3D Consulting, LLC | $10,000 |
Deborah Hale | $9,803 |
Jobarb, LLC | $8,800 |
Peanuts Camp, LLC | $7,530 |
The Lawn Office, LLC | $7,500 |