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 59501
| Name of Borrower | Current Approved Amount |
|---|---|
| Tilleman Motor Company | $1,115,994 |
| Gary and Leos, Inc. | $1,050,000 |
| Bullhook Community Health Center, Inc. | $728,200 |
| T. P. Construction, Inc. | $722,665 |
| Heberly and Associates | $474,000 |
| Duck INN, Inc. | $381,250 |
| Pete Clausen and Sons, Inc. | $290,000 |
| Red Rock Power, Inc. | $276,800 |
| RCH, Inc. | $246,800 |
| Mchavre, Inc. | $241,979 |
| Double R, Inc. | $222,325 |
| District 4 Human Resource Development Council | $210,000 |
| Help Committee Boys & Girls Club of the HI-Line | $195,000 |
| Big Equipment Company, LLC | $190,776 |
| Havre Sand & Gravel, Inc. | $182,325 |
| Bosch, Kuhr, Dugdale & Brown, PLLP | $170,661 |
| Havre Dental Group, Inc. | $150,740 |
| Western Reserve, Inc. | $145,000 |
| Loch Electric, LLC | $144,140 |
| Havre Laundry & DRY Cleaning Company, Inc. | $133,500 |
| Valley Furniture Company | $126,693 |
| Havre Optometric Clinic PLLP | $124,100 |
| Storm Water Construction, Inc. | $123,441 |
| New Media Broadcasters, Inc. | $122,100 |
| First Security Pawn, Inc. | $121,300 |
| Boothill Properties, Inc. | $119,750 |
| Wild Horse Seeds, LLP | $118,713 |
| Lakeside Excavation, Inc. | $115,175 |
| Custom Collision Repair | $113,298 |
| St. Jude Thaddeus School | $113,118 |
| C & C Excavation, Inc. | $111,600 |
| Frontier Lawn & Landscaping in | $105,143 |
| Vaughn Truck Service | $104,610 |
| Bergren Transmission, Inc. | $101,010 |
| HI-Line Radio Fellowship, Inc. | $99,288 |
| Bear Paw Development Corporation of Northern Montana | $90,000 |
| Pj's Enterprises, Inc. | $88,000 |
| Havre Distributors, Inc. | $83,596 |
| Cowan and Son, a Montana Corporation | $82,910 |
| Cowan Select Horses, LLC | $81,465 |
| Lee Laeupple | $79,600 |
| Garbage, Inc. | $78,970 |
| Subline Restaurants | $78,463 |
| Diesel Doctor, Inc. | $78,120 |
| Andy's, LLC | $77,088 |
| Opportunity Link, Inc. | $70,788 |
| North Star Restaurants, Inc. | $67,555 |
| Angel Care, LLC | $66,753 |
| Korb Construction | $66,540 |
| Frank Leeds Construction, LLC | $64,000 |
| C. P. Properties, LLC | $62,842 |
| Enell, Inc. | $62,728 |
| Healy Enterprises, LLC | $62,500 |
| MLE, Inc. | $60,356 |
| Nu Wave Services, LLC | $59,868 |
| Northern Tire Company | $59,100 |
| HI-Line Denture, PC | $58,500 |
| Precision Diesel, Inc. | $57,500 |
| Chvilicek, LLC | $57,475 |
| HI-Line Law, PLLC | $57,000 |
| Rasmussen Janitorial Services, Inc. | $55,401 |
| Tres J's, Inc. | $54,978 |
| Master Sports | $54,000 |
| Lewis Heating and Ac | $53,100 |
| Nault Plumbing & Heating, Inc. | $52,200 |
| WDP, Inc. | $50,625 |
| Credit Bureau of Havre | $50,000 |
| B and M Partnership | $49,581 |
| That Guys Fab Shop | $49,000 |
| E. J. Bud Baldwin, Inc. | $47,812 |
| Larry's Northern Electronics | $46,582 |
| Montana State University Northern Foundation | $45,593 |
| Mesquite Valley Communications, Inc. | $45,300 |
| North Central Auto Parts | $45,247 |
| Rd & PJ, LLC | $45,218 |
| Char's Family Dining, LLC | $43,405 |
| Hellegaard, Inc. | $42,500 |
| E-1 Towing, Inc. | $41,725 |
| Fifth Avenue Christian Church | $40,423 |
| Havre Eagles Manor | $37,500 |
| Larry Gobie | $37,010 |
| G & B Motors, Inc. | $36,685 |
| Nate's Gona Fix It, Inc. | $36,400 |
| Hank Tweeten's Auto Body, LLC | $36,238 |
| Physical Therapy Down Under, Inc. | $35,980 |
| Glassworks, Inc. | $35,800 |
| JT Hammond Enterprises, Inc. | $34,281 |
| Floren's Hill County Printing Company | $33,665 |
| First Lutheran Church | $32,414 |
| Strombergs Enterprises, Inc. | $30,344 |
| Hickman Incorporated | $30,038 |
| Thomas Lafond State Farm | $29,918 |
| Bear Paw Crafts, Framing & Photos, Inc. | $29,508 |
| Jekelo, LLC | $27,939 |
| Liberty Rental, LLC | $27,300 |
| Troy Seaberg | $26,270 |
| Peak Supply Company, LLC | $26,200 |
| Havre Chiropractic Clinic, LLC | $25,800 |
| Oxford Bar, Inc. | $25,640 |
| KC Johnson, Inc. | $25,038 |
| D. Korb, Inc. | $24,667 |
| Prairie Farms Golf Course | $24,238 |
| Hockett Farms, Inc. | $24,020 |
| Harada Family Dental Care, PC | $23,488 |
| Donoven Enterprises, Inc. | $23,443 |
| Raymond Staples Trucking, LLC | $23,430 |
| Anna J. Jones-Crabtree | $23,066 |
| Mclain's Cabinets & Countertops, LLC | $22,850 |
| Central Machine & Welding, Inc. | $22,700 |
| Hannum Enterprises, LLC | $22,495 |
| Tse's, LLC | $22,220 |
| Holden's Hot Wheels, Inc. | $22,135 |
| Helmbrecht Studio, Inc. | $22,000 |
| Cori Winsor, LLC | $20,830 |
| Peterson Grain & Cattle, Inc. | $20,690 |
| Shane Christiansen | $20,453 |
| L&T Enterprises | $20,000 |
| Baker Amusements, Inc. | $19,875 |
| Evolve Electric, LLC | $19,682 |
| Thomas Tilleman | $19,232 |
| Beem, LLC | $19,203 |
| Snyder & Sons, LLC | $18,960 |
| Milk River Plumbing, LLC | $18,784 |
| 2 Jd's, Inc. | $18,750 |
| DJ Farming, Inc. | $17,775 |
| David Anderson Appraising, Inc. | $17,750 |
| Stoner & Sons, Inc. | $17,585 |
| Bee & ME Enterprises, Inc. | $17,510 |
| Montana Actors Theatre, Inc. | $17,493 |
| Shanty Bar, Inc. | $17,419 |
| Bear Paw Lumber Company | $17,350 |
| Havre Grateful Bread, LLC | $16,800 |
| Lao Land Services, LLC | $16,800 |
| St. Jude Thaddeus Church | $16,433 |
| Alex Shao, LLC | $16,360 |
| Springer Farms, Inc. | $16,000 |
| Sharp Financial Services, Inc. | $15,500 |
| Rock Solid Materials, Inc. | $15,000 |
| Brandon's, Inc. | $14,750 |
| Amos Enterprises | $14,443 |
| Spud's Grub Hut, LLC | $14,400 |
| Kmack Properties, LLC | $14,300 |
| RMC Floor Coverings, LLC | $14,133 |
| Montana Outfitting Company, Inc. | $14,000 |
| Western Trailer & Marine Sales, LLC | $14,000 |
| Magic Carpet Travel, Inc. | $13,995 |
| KW Glas, Inc. | $13,927 |
| R-New, Inc. | $13,900 |
| Montana Sign Company, Inc. | $13,825 |
| Northstar Athletics Company, Inc. | $13,750 |
| Lodestar Enterprises, LLC | $13,750 |
| 5th Ave Grind, LLC | $13,700 |
| 2 Jd's Lunch Box Company | $13,250 |
| Harvest Moon Lanes, LLC | $12,812 |
| Kalthoff Agency, LLC | $12,681 |
| J. Burns Brown Operating Company | $12,543 |
| Gallery Lounge, Inc. | $12,500 |
| Apgar Engineering, PLLC | $12,360 |
| Gibson Chiropractic, Inc. | $12,100 |
| Sis Computers, Inc. | $12,090 |
| Down Under Fitness Center, Inc. | $12,060 |
| DR. Donald J Gibson, PLLC | $12,050 |
| The Infinity Bake Shoppe, LLC | $12,040 |
| Ronald Lorang | $11,942 |
| Spartan Promotional Group | $10,985 |
| Bearly Square Quilting | $10,685 |
| Midwest Diesel Injection | $10,518 |
| Cavaliers, Inc. | $10,445 |
| Jennifer Shipp | $10,416 |
| Van Orsdel United Methodist Church | $10,208 |
| Aam, LLC | $10,130 |
| Kenneth J Wilson, Inc. | $10,073 |
| Tk's Lot Sweeping ETC. | $10,000 |
| Kremlin Ventures, LLC | $9,729 |
| Heirloom, Inc. | $9,515 |
| Engebretson Bros | $9,500 |
| Mclean's Grocery & Grain, Inc. | $9,316 |
| Lieutenant Trucking, LLC | $9,200 |
| Rigg Farm, Inc. | $9,160 |
| Joseph Morse | $8,918 |
| Cappis Construction | $8,845 |
| J. Korb, Inc. | $8,788 |
| Bing & Bobs | $8,600 |
| Messiah Lutheran Church | $8,525 |
| Ruff Real Estate, LLC | $8,250 |
| Little Monkeys Daycare | $8,030 |
| 5th Avenue Laundromat, LLC | $8,020 |
| Cold Country Bottled Water, Inc. | $7,600 |
| Kaare Engebretson | $7,540 |
| Pasco Ready Mix, LLC | $7,500 |
| Watson Floor Covering, Inc. | $7,500 |
| Overcast Cleaning & Restoration, Inc. | $7,500 |
| Stacy M Baldwin | $7,103 |
| Pro Nails | $7,040 |
| Lakeside Plaza, Inc. | $6,880 |
| Pine Butte Corporation | $6,700 |
| Bullhook Holdings, LLC | $6,665 |
| Ryanlynn Properties, LLP | $6,450 |
| Hummingbird Mental Health Services, LLC | $6,250 |
| Simply Natural, LLC | $6,100 |
| Havre Budget INN Motel, Inc. | $5,805 |
| Erin Jensen | $5,680 |
| Marden's Trailer Sales, LLP | $5,263 |
| Northern Land & Realty Company | $4,945 |
| Steve Freier | $4,928 |
| Klimas Financial Services | $4,728 |
| Watson Trucking of Havre, LLC | $4,500 |
| Dugdale Financial Service Group, Inc. | $4,381 |
| MB Excavating, LLC | $4,370 |
| Spring-Back Physical Therapy, LLC | $4,345 |
| Emmerson Kennelly | $4,340 |
| R&KD Investments, Inc. | $4,300 |
| Engebretson Farms, Inc. | $4,250 |
| Havre Youth Hockey Association | $4,229 |
| Kiddie Korner Daycare | $4,010 |
| Makuahine Mana, LLC | $3,983 |
| Angela Gabrielsen | $3,963 |
| Kelly Dixon | $3,919 |
| Roger Gruber | $3,800 |
| Puttin' on the Glitz, LLC | $3,793 |
| Clean Cars, LLC | $3,750 |
| Havre Homes, LLC | $3,380 |
| Cichosz Cleaning Service, LLC | $3,333 |
| D-J Warp, Inc. | $2,999 |
| Milk River Reproduction, LLC | $2,590 |
| Rismon Enterprises, LLC | $2,500 |
| Vizsla Brewing, LLC | $2,500 |
| V King Enterprises, LLC | $2,300 |
| Mike Cary | $2,028 |
| Precision Truck & Trailer, LLP | $1,960 |
| Norton Business Solutions | $1,235 |
| Mobile Auto Service, LLC | $1,130 |
| Crawford Distillery, LLC | $955 |
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