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 62565
| Name of Borrower | Current Approved Amount |
|---|---|
| Shelby Electric Cooperative | $1,198,976 |
| KSI Laboratories, Limited | $549,500 |
| Fox & Austin Masonry & Concrete Construction, Inc. | $276,600 |
| Barker Implement, Inc. | $239,000 |
| G. L. Beaumont Lumber Company | $233,683 |
| Macari Service Center, Inc. | $173,000 |
| Elizabeth Nohren Law, PC | $118,000 |
| Uptime Medical Staffing, LLC | $117,300 |
| Brown Dental Care, Ltd. | $115,800 |
| Lithia Springs Marina, Inc. | $113,369 |
| Mid-State Eye Partners, Inc. | $108,600 |
| Leach-Wilson Chevrolet-Buick Company | $105,600 |
| Shelby Veterinary Service | $100,000 |
| Wp-Arc Shelbyville Holdings, LLC | $97,898 |
| Dunaway Pancoast, Inc. | $92,000 |
| Bart Williamson Trucking, LLC | $86,300 |
| Shelby Energy Company | $85,000 |
| Naber Willilams Farms Operation, LLC | $76,065 |
| Shelbyville Insurance Agency, Ltd. | $72,900 |
| J&R Collision Centers of Shelbyville, LLC | $71,490 |
| Barker Equipment Repair, Inc. | $70,900 |
| Hennings Farms, Inc. | $66,485 |
| Wade's Quality Meats | $56,100 |
| Dynamax Physical Therapy, LLC | $54,500 |
| Prolube of Shelbyville, Inc. | $46,300 |
| Durbin Farms, Incorporated | $43,200 |
| LGH Funeral Homes, Inc. | $41,123 |
| Eloe Lawn and Landscapes | $39,700 |
| Shelbyville Mutual Insurance Company | $39,400 |
| Boarman's Auto Sales, Inc. | $38,700 |
| Hammond & Reid Land Surveying, Ltd. | $38,250 |
| Paul K. McKittrick | $36,445 |
| Mark Duckett | $35,600 |
| Carl Grabb Motors | $35,450 |
| Alldred's Floor Service Company, Inc. | $33,367 |
| Koonce Insurance Agency, Inc. | $33,000 |
| Central Illinois Fire Pro Corportation | $33,000 |
| Jokisch Insurance and Fin Services, Inc. | $29,400 |
| Whitetail Crossing, Inc. | $28,500 |
| Ying Chun, Inc. | $28,300 |
| Shelby County Title, Inc. | $27,000 |
| First United Methodist Church of Shelbyville, Illinois | $26,500 |
| Education Boarman Motors, Inc. | $26,100 |
| Gaddis Insurance Agency, LLC | $25,950 |
| Simple Blessings Boutique, Inc. | $25,800 |
| Mike Gaddis | $24,710 |
| Dave White Farms | $24,466 |
| Boehm Construction, Inc. | $24,000 |
| Jesse E. Durbin | $23,204 |
| Second Street Power, Inc. | $23,000 |
| Third Time, Inc. | $22,300 |
| Vitale Family Restaurants | $22,271 |
| Zidek Chiropractic Center, PC | $21,810 |
| Central Plastic Products, LLC | $21,500 |
| James R. Agney | $20,833 |
| Jane E. Barker | $20,833 |
| Mark T. Montgomery | $20,800 |
| Corben White | $20,800 |
| Knearem's Commercial Services | $20,700 |
| Trevor L. Cole | $20,100 |
| Neal's Body Shop and Towing | $19,750 |
| Jake's Antiques | $19,700 |
| Wiley Trucking, LLC | $18,800 |
| David Gregg, Inc. | $18,100 |
| Beyers Family Chiropractic, Ltd. | $17,500 |
| Ramsey & Sanders, Inc. | $17,223 |
| ANR Operating, LLC | $16,300 |
| Weakly Farms, Inc. | $16,200 |
| T & T Glass, Inc. | $15,800 |
| Jared Roney Farms and Trucking, LLC | $14,500 |
| Larry A. Cole | $14,300 |
| Brad Eversole Farms, Ltd. | $14,128 |
| The Shelby Historical House an INN | $14,000 |
| Sta-Rite Ginnie Lou, Inc. | $13,700 |
| Gaddis Tax Service | $13,500 |
| Larry A. Burk | $13,400 |
| JKD Farms, Inc. | $12,900 |
| Mark Nugent | $12,600 |
| Cwej, LLC | $12,515 |
| Brenda Reynolds | $12,500 |
| Zac Atkinson | $11,804 |
| Lithia Resort, Inc. | $11,500 |
| Battery and Starter Specialist, LLC | $11,304 |
| Double D Farms, Inc. | $11,300 |
| Donald Reimer | $11,250 |
| Shelby County Council on Aging, Inc. | $11,000 |
| ICED | $11,000 |
| Tony Lape | $10,600 |
| My Little Bird on Main | $10,000 |
| Tiny Tots Therapy, Inc. | $10,000 |
| F. G. 3, LLC | $9,900 |
| Willow Ridge Winery, LLC | $9,500 |
| Michael Feken | $9,500 |
| Wesley Durbin | $9,300 |
| Walter Lookofsky | $9,167 |
| Gerald Donnel | $8,900 |
| Shelbyville First Assembly of God NFP | $8,700 |
| Peter Dove | $8,500 |
| Lakeside Power Washing | $8,420 |
| Prairie Land Machining, Inc. | $8,379 |
| Jason H. Barker | $8,295 |
| Thomas D. Fleshner | $8,100 |
| Prairie Agent Company, Inc. | $8,000 |
| Brace Holland Construction | $7,922 |
| Michael Wlliams | $7,630 |
| Two B Farm, Inc. | $7,600 |
| Timber Services, Inc. | $7,500 |
| Crossroads Car Connection | $7,400 |
| Corner Copy Print Shop | $7,250 |
| Jacob R. Hankins | $7,100 |
| Shelbyville First Church of the Nazarene | $6,700 |
| Dougup Farms, Inc. | $6,666 |
| Eversole Farms, Inc. | $6,250 |
| Darrell Best | $6,100 |
| Richard L. Clark | $6,000 |
| Jessie L. Knearem | $5,987 |
| Kris Power Tumbling | $5,982 |
| Amanda Stockdale | $5,900 |
| Cordes Insurance Agnecy, Inc. | $5,600 |
| Steve Miller Industries, Inc. | $5,300 |
| Feba Logistics, LLC | $5,242 |
| Logan Farms, Inc. | $5,200 |
| Rickie Sphar | $5,100 |
| Stephen C. Fox | $5,000 |
| Finks Family Enterprises | $5,000 |
| RLH Construction Services, LLC | $4,800 |
| Brian Pruemer Farms, Inc. | $4,800 |
| Gary Gritzmacher | $4,700 |
| Jeff Ogden | $4,600 |
| Glenn H. Davis | $4,600 |
| Melanie's Consulting Service, Inc. | $4,400 |
| Dennis Isley Trucking | $4,000 |
| Angie Prosser | $3,993 |
| Frank D. Rincker | $3,600 |
| Kevin Campbell | $3,600 |
| Frank Compton | $3,400 |
| Matthew McDonald | $3,400 |
| St. John's Lutheran Church | $3,400 |
| Danny J. Barker | $3,308 |
| Fox & Sons, Inc. | $3,300 |
| Select Interiors | $3,200 |
| Ehu Farms, Inc. | $2,916 |
| Grammy's Floral | $2,900 |
| Annie Time Fitness | $2,750 |
| Kelp Family Trucking | $2,700 |
| Shelbyville Hospitality, Inc. | $2,500 |
| Paul Fleming Jr. | $2,500 |
| Spruce St. Studios | $2,500 |
| Fashion Chateau | $2,300 |
| Jason Conley | $2,300 |
| Ael Speech, Ltd. | $2,000 |
| William MacY Frederick | $1,900 |
| Nicholas Dunaway | $1,900 |
| Jeff Nottingham | $1,800 |
| Kut Loose Salon | $1,750 |
| Donna Stewardson | $1,700 |
| Ronald Pfeiffer L. Jr. | $1,600 |
| Gayla Jones Daycare | $1,500 |
| Mark K. Rothrock | $1,400 |
| Lucas Helton | $1,400 |
| Goaldilocks, Inc. | $1,155 |
| Paul Bennett | $1,000 |
| Hair, M.D. | $1,000 |
| Max's Recreation Center | $800 |
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