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 62550
| Name of Borrower | Current Approved Amount |
|---|---|
| JCG Midwest, Inc. | $108,000 |
| Hallkauf Productions, LLC | $99,000 |
| Muehlebach Roofing, Inc. | $76,700 |
| Burgener Pork, Inc. | $75,200 |
| Moweaqua Packing Plant | $58,900 |
| DMJ Construction, Inc. | $51,500 |
| Ruot Contractors, Inc. | $50,924 |
| Shrink Wrap, LLC | $48,300 |
| Seitz Funeral Homes | $47,010 |
| GT Construction Services, LLC | $46,867 |
| D Davis & Son, Inc. | $45,100 |
| H & S Grain, Inc. | $45,000 |
| Timothy Smith | $42,400 |
| Number Solutions, LLC | $37,300 |
| Larry D. Page | $34,700 |
| Moweaqua Pharmacy, P.C. | $33,485 |
| Rincker Agent, LLC | $31,273 |
| Hite Tent Rental, LLC | $29,025 |
| Roger W. Harris Jr. | $28,138 |
| Zindel Farms, Inc. | $28,100 |
| Voudries Auto, Inc. | $25,381 |
| Pleasant Escape Senior Living, LLC | $24,920 |
| W. W. Farms, Inc. | $22,179 |
| Michael J. Jackson | $21,900 |
| Matthew W. Jackson | $21,700 |
| John P. Jackson | $21,200 |
| Kenneth Mentzer | $20,833 |
| Timothy G. Wooters | $20,833 |
| Molanda Company | $20,832 |
| Michael S. Moore | $20,800 |
| Candy Gorden | $20,800 |
| Scott Gorden | $20,800 |
| Bradley A. Burgener | $18,200 |
| Gaither Farms | $18,034 |
| Moweaqua First United Methodist Church | $17,919 |
| Moweaqua Paint & Body | $17,750 |
| James Rarick Farms | $17,500 |
| Ted Taylor | $17,382 |
| Mama Chans | $16,388 |
| DBD Power Washing | $16,300 |
| Aaron Downs | $15,581 |
| Barnes Animal Hospital, PLLC | $15,500 |
| T & T Enterprises, Inc. | $14,853 |
| Arnold Duane Downs | $14,498 |
| Jeremy Mott | $14,404 |
| Darrell D. And Melanie a. Hall | $14,322 |
| Hite Carpet Cleaning | $14,271 |
| Thomas Heating & Plumbing, Inc. | $13,943 |
| Donald Henry Sr. | $13,882 |
| Gene Lower Insurance & Real Estate | $10,380 |
| Bendergloves, LLC | $9,760 |
| Rarick Commodities, Inc. | $7,500 |
| Chad A. Hawkins | $7,300 |
| Fun to Go | $6,944 |
| ZZZ Farms, Inc. | $6,619 |
| Moweaqua Gas, Inc. | $6,500 |
| Victoria Mitchell | $6,400 |
| Case Lawn Care | $5,943 |
| Rainbow Wash House Company | $5,900 |
| Brian McGregor | $5,480 |
| Fortress Properties, LLC | $5,300 |
| William McKinney | $3,141 |
| TLC Commercial Janitorial | $1,700 |
| Tina L. Higgins | $1,641 |
Alerts Sign-up