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 57790
| Name of Borrower | Current Approved Amount |
|---|---|
| West River Electric Association, Inc. | $1,373,250 |
| Wall Drug Store, Inc. | $660,075 |
| C9 Enterprises, LLC | $134,832 |
| Badlands Saloon & Grille | $86,715 |
| D. P. Of Wall, Inc. | $85,606 |
| Cornerstone Industries & Construction Services, LLC | $66,245 |
| DHD Construction, Inc. | $64,896 |
| Walsan, Inc. | $63,923 |
| Jgal, Inc. | $63,393 |
| MSA Family Treats, Inc. | $47,613 |
| Charlene Kjerstad | $42,755 |
| Ken's Refrigeration & Heating, Inc. | $37,327 |
| WFFC Properties, LLC | $36,774 |
| Scot D. Eisenbraun | $34,063 |
| American Bison, Inc. | $32,023 |
| Todd Sieler | $22,283 |
| Lyf Hospitality, LLC | $21,320 |
| Lazy BS Ranch Partnership, LLP | $20,832 |
| Anderson Brothers Partnership | $20,832 |
| Je Enterprises, Inc. | $17,965 |
| Cactus, Inc. | $17,457 |
| Dartt Angus Partnership | $16,936 |
| DE's Oil, Inc. | $15,875 |
| Estrian, Inc. | $15,700 |
| Crown Oil, Inc. | $14,750 |
| Fauske Home Ranch | $13,600 |
| M & M Sales, LLC | $13,188 |
| Kennedy Family Partnership | $12,880 |
| Jason Johnson | $12,685 |
| H & K Ranch, Inc. | $11,555 |
| Church of St. Patrick of Wall | $10,885 |
| Tammara Phillips Hannan | $8,939 |
| T K Schell | $7,258 |
| KC Bielmaier Ranch | $6,000 |
| Badland Outpost, LLC | $5,645 |
| Wall United Methodist Church | $5,415 |
| Welsh Motel, Inc. | $5,397 |
| Custom Environments, Inc. | $3,755 |
| Jerry Johannesen | $2,890 |
| Little Tadpoles | $2,485 |
| th Ave Floral | $2,246 |
| Dennis Johnson | $1,557 |
Alerts Sign-up