The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Prairie Berry, LLC | $610,752 |
| Taco John's | $444,600 |
| Alpenglow, Inc. | $226,200 |
| S6 Lodging, LLC | $213,500 |
| Comfort INN & Suites | $174,500 |
| Desperados Corporation | $172,000 |
| Black Hills Central Railroad Company | $150,415 |
| Krull's Family Market, Inc. | $141,488 |
| Hicow Company Incorporated | $105,548 |
| High Line Hospitality, LLC | $93,096 |
| The Covington Consulting Group, Inc. | $84,075 |
| Dakota Stone Mining & Stone Supply | $81,614 |
| Winery Hill City, LLC | $78,737 |
| Boys & Girls Clubs of the Black Hills | $76,430 |
| Forest Recreation Management, Inc. | $69,428 |
| Patricia Houska | $65,863 |
| Z&J Lodging | $62,200 |
| Ventures in the Hills, Inc. | $61,658 |
| How C-Store, Inc. | $60,961 |
| Hoh C-Store, Inc. | $60,500 |
| Hoh S-8 Motel, Inc. | $52,673 |
| Larsson Recreational Properties, LLC | $48,125 |
| Bumpin Buffalo Bar and Grill, Inc. | $45,653 |
| Black Hills Plumbing, Inc. | $39,065 |
| Creekside Country Resort | $36,565 |
| Dakota Badland Outfitters, Inc. | $33,973 |
| Granite Sports | $33,700 |
| Simental Forestry | $33,082 |
| Black Hills Stone Masonry, LLC | $32,622 |
| Melissa J Rupert Hill City, D.D.S. | $32,435 |
| Boden Construction, Inc. | $31,600 |
| Schriner Lodging, Inc. | $31,100 |
| The Little White Church | $30,631 |
| MT Meadows Store and Campground, LLC | $25,500 |
| KDS Enterprises, LLC | $24,743 |
| Russ Johnson Construction, Inc. | $21,680 |
| Outlaw Oil Works, LLC | $20,800 |
| Northen Enterprise, LLC | $20,800 |
| Black Hills Retreats, LLC | $19,174 |
| Trailside Park Resort, LLC | $17,952 |
| Pine Rest Cabins | $17,735 |
| Paul F. Larson | $16,265 |
| Happy Trails Managment | $15,900 |
| Amy Jo Martin, LLC | $15,790 |
| Slate Rock Ranch | $14,500 |
| D & B Land, LLC | $14,105 |
| Jewels of the West, Inc. | $14,000 |
| Wilkison Construction, LLC | $14,000 |
| Whispering Pines Gallery & Framing, Inc. | $13,563 |
| Creekside Country Resort | $13,440 |
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