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 98580
| Name of Borrower | Current Approved Amount |
|---|---|
| Wilcox Farms, Inc. | $2,845,500 |
| SN Enterprises, Inc. | $274,915 |
| Valley Dairy Farms, Inc. | $219,915 |
| Mountain Stone Aggregate, LLC | $187,757 |
| Horse Cart Veterinary Hospital | $150,400 |
| Generation Glass Company, Inc. | $122,400 |
| Detray Cattle Company, LLC | $97,116 |
| Jem Construction, Inc. | $92,920 |
| Tender Moments Daycare & Preschool, LLC | $83,953 |
| J Star, Inc. | $70,600 |
| Dale Larsen Excavating, Inc. | $66,530 |
| Pasi Organ Builders, Inc. | $66,500 |
| Palatial Heating & Air Conditioning, LLC | $61,163 |
| Truck Align, LLC | $56,250 |
| A Plus Professional Coatings, Inc. | $55,696 |
| Care Bear Childcare, Inc. | $54,275 |
| Gonia's Mckenna Kennels, Inc. | $47,000 |
| Cowgirls Coffee, Inc. | $44,767 |
| R & R Taylor, LLC | $43,459 |
| JRL Construction, Inc. | $39,639 |
| B&Z Moving, LLC | $37,502 |
| Krebs and Son | $36,097 |
| Fat Daddy's Fabrication, LLC | $35,000 |
| Keystone Directional Boring, LLC | $32,145 |
| SD Concrete Construction, Inc. | $31,448 |
| Norpro, Inc. | $30,250 |
| Hudbilling & Tracscoach Service Bureau, LLC | $27,500 |
| Coast Salish Constructors, LLC | $27,288 |
| Bliss Experience, LLC | $26,150 |
| Paasche Construction, Inc. | $25,837 |
| Paul's Custom Heating | $25,500 |
| Krouse's Electric, Inc. | $25,100 |
| Mckenna Door & Millwork | $25,000 |
| Sojak, Inc. | $25,000 |
| G. S. Hwang Incorporated | $24,335 |
| Tmec, LLC | $23,969 |
| Steven P. Sexton | $21,250 |
| Coach Scot Embrey | $20,833 |
| Olympic MTN, LLC | $18,713 |
| Scipio Subs, Inc. | $18,685 |
| Dugan Equine Veterinary Clinic | $15,882 |
| Incite Management Group, LLC | $15,378 |
| Better Lawns and Gardens NW, LLC | $15,312 |
| Absolute Remodeling and Restorationsll | $15,084 |
| Sellars Electric, Inc. | $14,104 |
| Dl Welding | $13,845 |
| Harts Lake Trading Post | $13,200 |
| Rhombus Construction, Inc. | $13,050 |
| Hansen Home Renovations, LLC | $12,640 |
| TND Concrete, LLC | $8,073 |
| IN-Home Furniture Repair, Inc. | $7,857 |
| Old Mill Towne Nail & Spa | $6,917 |
| Galus and Associates | $6,804 |
| MRB, Inc. | $6,250 |
| Cathleen Robertson | $4,500 |
| Your Way Home Maintenance & Painting, Inc. | $3,800 |
| Rusty Bar Ranch | $3,600 |
| Grand Design Painting Services | $3,149 |
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