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 59523
| Name of Borrower | Current Approved Amount |
|---|---|
| Sweet Memorial Nursing Home | $347,224 |
| American Garage, LLC | $91,300 |
| 3X Farms | $82,500 |
| Blaine County Veterinary Service, PC | $75,238 |
| Chinook Veterinary Clinic, LLC | $65,900 |
| Jamieson Motors, Inc. | $64,100 |
| Bears Paw Apiaries, Inc. | $61,477 |
| Chinook Dental, PC | $55,800 |
| Moxley Construction, Inc. | $54,903 |
| Chinook Pharmacy, Inc. | $51,830 |
| Coal Creek, Inc. | $47,100 |
| Bear Paw Meats, LLC | $39,545 |
| Montana Pollinations, Inc. | $38,607 |
| Dexter Buck | $36,400 |
| Mitchell Ranch | $36,206 |
| Shipwheel Cattle Company | $34,785 |
| Triple T. Sales | $32,614 |
| Surber Enterprises, LLC | $31,128 |
| K Hanson 5, Inc. | $30,500 |
| Montalencia, LLC | $26,500 |
| Kasie L. McIntosh | $24,520 |
| Michael Vanvoast | $20,800 |
| Kids Korner, Inc. | $20,131 |
| Grande Villa, LLC | $19,975 |
| Dustin & Vicki Hofeldt | $18,100 |
| Treasure State Title Company | $15,934 |
| RL Lankford Farms, Inc. | $14,115 |
| Rock Bottom, LLC | $13,898 |
| Nicholson Grain Farms | $13,584 |
| Wilderness Funeral Homes, LLC | $13,100 |
| American Lutheran Church | $12,642 |
| Rad's Deli & Pizza Shop, LLC | $11,858 |
| Kamas Agent Company | $11,557 |
| MVC Farms | $11,400 |
| Chinook Assembly of God Church | $11,300 |
| Mint Bar, LLC | $11,100 |
| Billmayer Water Supply, LLC | $10,800 |
| St. Gabriels Church | $10,114 |
| Skoyen Ranch | $9,870 |
| Blaine County Title | $9,861 |
| Estate Productions, LLC | $9,718 |
| Shores Floral & Gift, LLC | $9,300 |
| Little Buckaroos | $8,120 |
| James L. Anderson | $7,850 |
| Amanda Nstroebe | $7,512 |
| Top Dog Performance, LLC | $7,300 |
| HI-Line Guns, LLC | $6,600 |
| Burns, Solem & Mackenzie | $5,481 |
| Conrad, Inc. | $5,150 |
| B & B Hauling, Inc. | $4,756 |
| M&B Farms, Inc. | $4,739 |
| B&B Buyers, Inc. | $4,585 |
| Fisher Seed, Inc. | $4,546 |
| Kessel Construction, Inc. | $4,082 |
| Bikini Coffee, LLC | $3,900 |
| Blaine County Wildlife Museum Foundation | $3,461 |
| PGK Enterprises | $3,091 |
| Jay B.K. Ortner & Darla Ortner | $1,863 |
| Bar Diamond B Ranch | $990 |
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