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 73932
| Name of Borrower | Current Approved Amount |
|---|---|
| Beaver County Hospital | $477,697 |
| Blue Sage Services, LLC | $444,400 |
| Beaver County Nursing Home | $283,315 |
| Hardberger & Smylie, Inc. | $269,927 |
| H. D. C. Agent, LLC | $264,460 |
| Phil-Mar, Inc. | $247,178 |
| Ramon & Bennett Roustabout, Inc. | $213,900 |
| Howard Drilling Enterprises of Texas, LLC | $208,269 |
| Beaver Electric | $114,600 |
| C&W Construction, Inc. | $107,965 |
| Plateau Energy Services, LLC | $91,700 |
| RS Livestock, LLC | $89,000 |
| Short Grass Transport Company, Inc. | $72,592 |
| Timothy J. Becker, P. C., D.D.S. | $68,100 |
| Bob Downing, Inc. | $55,900 |
| M & Z Tax Consultants, LLC | $46,362 |
| Colvin-Mills Agency, Inc. | $40,800 |
| Thomas Fencing Services, LLC | $36,830 |
| Maple Yl Ranch, LLC | $32,800 |
| Jaime Perez | $31,100 |
| Riggs Roustabout & Hot Shot Service, Inc. | $30,400 |
| Triple J Communications, LLC | $29,962 |
| Steve Gabel Contract Pumping, Inc. | $26,833 |
| Carlisle Vision Clinic, PLLC | $26,695 |
| Beaver Feed, LLC | $25,180 |
| Sam Mitchell Construction, LLC | $22,300 |
| Kevin Nelson | $20,833 |
| NV-Trucking | $20,800 |
| Trippet, & Kee, a Professional, LLC | $20,200 |
| Beaver Supply, LLC | $19,100 |
| Fitts Enterprises, LLC | $16,667 |
| Cates Farms, Inc. | $14,635 |
| Meco Field Services, LLC | $14,500 |
| Beaver Auto Supply, Inc. | $14,400 |
| E & L Electric, Inc. | $13,680 |
| Mark Frazier | $13,680 |
| Pugh's Otasco, Inc. | $13,500 |
| The Herald-Democrat | $12,900 |
| Gump Accounting, PLLC | $11,242 |
| Chockley Pumping, Inc. | $10,700 |
| John Ellexson | $10,502 |
| M & S Tire and Alignment, LLC | $10,300 |
| Everett L. Hughes | $9,902 |
| Straight Arrow Trucking, LLC | $9,600 |
| Tvolt Enterprises, LLC | $9,500 |
| Steve Cates | $9,010 |
| Ford Well Ops | $8,763 |
| Mark Harness | $8,700 |
| Tj's Quick Stop, LLC | $8,557 |
| Reynoso Tax & Services | $8,100 |
| O'Reilly Dental Lab | $7,600 |
| Steven Frantz | $7,065 |
| Miltermedia Productions, LLC | $6,500 |
| TC It Solutions, LLC | $6,000 |
| Pioneer Park Golf Club | $5,900 |
| Arthur Dyer | $5,600 |
| Gage P. Scott | $5,267 |
| Gary Will Payne | $5,000 |
| Yadira Castillo | $4,700 |
| Krissy Barnett | $4,600 |
| Dn Brown Appraisals | $4,000 |
| Kerry's Pumping, Inc. | $3,700 |
| Bonnie L. Dyer | $3,700 |
| Jakl, Inc. | $3,300 |
| Cole J. Trippet | $2,700 |
| Donald Brown | $2,500 |
| Jodi Wright | $2,388 |
| Beaver County Senior Citizens, Inc. | $2,250 |
| Western Vending, Inc. | $2,100 |
| Cat's Salon | $1,700 |
| Landon's Lawn Care | $1,600 |
| McCayla D. Brown | $500 |
| Trudi M. Brown | $300 |
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