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 73950
| Name of Borrower | Current Approved Amount |
|---|---|
| Tim Ekkel Diesel Repair, LLC | $179,700 |
| Sand Creek Pipeline Construction, LLC | $138,600 |
| Elite Irrigation & Drilling, Inc. | $93,000 |
| Bearcat Well Service, Inc. | $75,300 |
| Aquino Construction, Inc. | $69,900 |
| T&B Towing, LLC | $69,500 |
| Natural Health Center | $30,300 |
| Isaacs Farms, LLC | $27,300 |
| Almond Consulting, LLC | $25,000 |
| Richard Isaacs Farms, LLC | $24,700 |
| Okie Agent Chemical | $23,000 |
| Randy Becker | $20,900 |
| Bradley Peters | $20,833 |
| Good Deal Used Cars and Parts, Inc. | $20,800 |
| Bobby G. Regier | $20,800 |
| Sooner West Agency, LLC | $19,100 |
| Themsimses Trucking, LLC | $18,700 |
| Lazy D's C-Store, LLC | $15,500 |
| Rusty Plow Farms, LLC | $15,000 |
| Triple 'f' Farms, Inc. | $13,500 |
| Randy's Professional Painting, LLC | $12,699 |
| Jason Jones | $11,000 |
| Jason Tyler Becker | $10,765 |
| A and M Cattle Transport | $10,600 |
| Nicky R. Kroeker | $10,400 |
| Oe Arriaga Trucking | $10,300 |
| Panhandle Pizza | $8,800 |
| Adams Farms | $8,300 |
| Jesus E. Burciaga | $7,500 |
| Aquino Body Shop | $6,900 |
| Alvarez Furniture and Upholstery | $5,600 |
| Martin's Automotive Repair | $4,700 |
| Garrell Young | $4,200 |
| Visente D. Torres | $4,200 |
| One Accord Consulting, Inc. | $3,600 |
| Alvin Duerson Farms | $3,400 |
| Mark E. Peters | $3,000 |
| Bryan M. Boyd | $1,040 |
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