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 65565
| Name of Borrower | Current Approved Amount |
|---|---|
| Steelville Manufacturing Company | $2,335,700 |
| Communications for Research, Inc. | $452,300 |
| Steelville Telephone Exchange, Inc. | $398,955 |
| Steelville Senior Living, LLC | $321,000 |
| Huzzah Valley Stables, Inc. | $164,300 |
| Tony E. Abney Construction, LLC | $150,829 |
| Bass Canoe Rental & Recreation, Inc. | $130,600 |
| Perkins Lumber Company | $96,000 |
| Richards Wood Products, Inc. | $93,400 |
| Poly Systems, Inc. | $78,700 |
| Arneson Timber Company | $72,390 |
| Booker Foundation & Flatwork, LLC | $64,039 |
| Larry Conaway Sawmill, Inc. | $60,200 |
| OFF the Road Farms | $59,041 |
| Ransom Heating & Air Conditioning, LLC | $50,800 |
| Kenneth Burton Colbert, Professional Corporation, D.D.S. | $46,200 |
| Hall Contractors, Inc. | $44,300 |
| Mary's Valley Meat Processing | $42,500 |
| Korte Services St. Louis, LLC | $41,600 |
| C & C Auto Parts, Inc. | $41,200 |
| J&a Sawmill, LLC | $38,000 |
| JTS Management, LLC | $35,859 |
| Dairy Isle, LLC | $33,800 |
| Dlwoodfordllc | $27,415 |
| Miles & Sons Towing Company, LLC | $25,800 |
| Highway TT Enterprises, LLC | $22,682 |
| Cobblestone Lodge, Inc. | $21,900 |
| H & K Cafe, LLC | $21,753 |
| Pentecostal Church of God, Southern Missouri District | $21,700 |
| Michael T. Frank | $20,833 |
| Wishon Farms, LLC | $20,500 |
| Wildwood Springs Resort, Inc. | $19,800 |
| Chris' Automotive Service | $19,800 |
| Jim Becker Construction, Inc. | $19,200 |
| Bell & Bell, LLC | $18,200 |
| R. Brooks Kenagy | $17,922 |
| Jeff Perkins Timber Company | $17,696 |
| Garrison Construction Foundations & Flatwork, LLC | $16,700 |
| Godbey Window & Door | $16,553 |
| Peaceful Bend Vineyard, LLC | $16,127 |
| Community Child Care Center, Inc. | $15,200 |
| Action Auto Sales, LLC | $14,900 |
| Darrel Landscaping & Son, Inc. | $14,791 |
| Paul E. Perkins | $14,600 |
| Booker Heating and Cooling, LLC | $14,138 |
| Nicholas J. Adams | $13,984 |
| Indian Springs Family Resort, LLC | $13,800 |
| Hewkin Tire, LLC | $13,708 |
| Cherokee Construction & Landscaping, LLC | $13,206 |
| On the Level Construction, LLC | $12,981 |
| Brinkley Roofing, LLC | $12,900 |
| Ruth Diaz Enterprises, LLC | $12,735 |
| Lay Bonded Title Insurance Agency, Inc. | $12,693 |
| Golden Echoes of Steelville, Inc. | $11,200 |
| Tyrel Adams | $10,759 |
| Carlos Diaz Enterprises, LLC | $10,110 |
| Missouri Hometown Builders, LLC | $9,700 |
| Leroy Payne Logging, LLC | $9,210 |
| Danny L. Harmon | $9,005 |
| The Rafting Company | $8,300 |
| A-Better Appliance, LLC | $8,300 |
| Clear Blue Ice, LLC | $8,000 |
| Cape-Light Woodworking, LLC | $7,672 |
| Kyle Brand Logging | $6,678 |
| Britton-Bennett Funeral Home, Inc. | $6,352 |
| Kathleen Hoefer Real Estate | $5,736 |
| Steelville Feed & Farm, LLC | $5,600 |
| Crawford Cynthia | $5,500 |
| Counts Tires & Repair, LLC | $5,400 |
| Kang T. Hui | $5,200 |
| Keeven Painting, LLC | $5,000 |
| Lester F. Missey | $3,800 |
| Green Fitness, LLC | $2,722 |
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