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.
Top 100 largest PPP loans in 2020 in ZIP Code 45891
| Name of Borrower | Current Approved Amount |
|---|---|
| The Van Wert County Hospital Asspciation | $5,044,800 |
| Brauns Industries, Inc. | $3,253,700 |
| Kriegel Holding Company, Inc. | $3,164,200 |
| Kenn-Feld Group, LLC | $3,023,147 |
| Alliance Automation, LLC | $1,428,772 |
| Van Crest, Ltd. | $1,378,483 |
| Community Health Professionals, Inc. | $1,197,444 |
| Store and Haul, Inc. | $946,149 |
| Van Rue, Inc. | $704,423 |
| National Door & Trim, Inc. | $700,900 |
| Greve Chrysler-Jeep-Dodge of Van Wert, Inc. | $641,576 |
| The Marsh Foundation | $606,471 |
| Vancrest of Urbana, Inc. | $589,953 |
| Vancrest of New Carlisle, LLC | $565,634 |
| Advanced Biological Marketing, Inc. | $542,105 |
| Resthaven Operations, LLC | $514,766 |
| Terrence L Johnson & Robert Adams PTR | $485,400 |
| Statewide Ford Lincoln Mercury, Inc. | $479,900 |
| Westwood Behavioral Health Center, Inc. | $466,600 |
| Lee Kinstle Chevrolet Buick GMC, Inc. | $435,600 |
| Family Health Care of Northwest Ohio, Inc. | $367,000 |
| Ayers Mechanical Group, LLC | $346,000 |
| Alexander & Bebout, Inc. | $329,700 |
| P&R Home IV Service, Inc. | $297,700 |
| Bashore Reineck Stoller & Waterman, Inc. | $279,300 |
| The Eisenhauer Manufacturing Company, LLC | $276,955 |
| Universal Lettering, Inc. | $250,000 |
| Pruox, Inc. | $177,500 |
| Leland Smith Insurance Services, Inc. | $175,000 |
| Statewide Emergency Products, LLC | $161,445 |
| Ayers Service Group, LLC | $160,000 |
| Van Wert Propane, Inc. | $157,200 |
| Kitchens, Inc. | $155,100 |
| H & H at Van Wert, LLC | $153,090 |
| Fountain Park Home Care, LLC | $149,000 |
| St. Mary Church | $137,700 |
| Thomas Edison Center, Inc. | $137,020 |
| Kam Manufacturing, Inc. | $135,100 |
| All Sports Foods Two, LLC | $134,575 |
| Cool Machines, Inc. | $131,800 |
| Van Wert Dentistry Burgei & Swick, Inc. | $128,250 |
| S & L Beverages, LLC | $122,843 |
| Valam Hospitality, Inc. | $119,200 |
| Dedicated Fleet Logistics, Inc. | $117,700 |
| Advanced Grain Systems, LLC | $115,595 |
| Foster Family Chiroprctic, LLC | $113,812 |
| Lifehouse Church | $110,800 |
| Roofing Innovations, LLC | $110,800 |
| Mek Van Wert, Inc. | $107,190 |
| D & R Staffing, LLC | $104,386 |
| Custer Dump Trucking and Excavating, Inc. | $104,269 |
| Breese Farms, LLC | $95,100 |
| The Young Men's Christian Association of Van Wert County Ohi | $93,985 |
| Purmort Company | $93,808 |
| S&L Foods, LLC | $92,095 |
| Van Wert Vision, Ltd. | $87,659 |
| Young Women's Christian Association of Van Wert County Ohio | $86,968 |
| Northwest Ohio Welch Trophy, LLC | $86,302 |
| Keister & Baker, LLC | $82,383 |
| LC Transport, LLC | $80,200 |
| Jeffery-Mohr Dentistry, Inc. | $75,300 |
| Brookside Enterprises, Inc. | $75,100 |
| Alspach-Gearhart Funeral Home, Inc. | $73,777 |
| Stoller Farms, Inc. | $71,160 |
| Ahorros, Ltd. | $70,500 |
| JLS Foods, LLC | $70,432 |
| Animal Clinic of Van Wert, LLC | $70,000 |
| Unverferth Family Dentistry, Inc. | $69,000 |
| Young's Trash Service, Ltd. | $68,675 |
| Wallace Plumbing & Underground, LLC | $68,200 |
| Van Wert Memorials, LLC | $63,130 |
| Van Wert Fire Equipment Company | $57,177 |
| Castle Treats, Inc. | $56,900 |
| First United Methodist Church of Van Wert, Ohio | $56,700 |
| Black Angus on Main, LLC | $56,100 |
| Go Green, LLC | $53,328 |
| Bebout & Houg Roofing & Siding, Inc. | $53,100 |
| Straightline Body & Paint, Inc. | $52,400 |
| Century Trading Company, Inc. | $50,676 |
| V. W. Auto Supply, Inc. | $49,700 |
| KBC, Incorporated | $48,800 |
| PHD Precision Tool and Grinding, Inc. | $47,500 |
| Koch Law Offices | $46,800 |
| John K. Eversman Inc., D.D.S. | $46,300 |
| Custom Audio Concepts II Limited | $45,909 |
| Flat Lands Supply, Inc. | $45,080 |
| Jones Farm Drainage, LLC | $44,300 |
| Trinity Church of the United Methodist Church of Van Wert Company | $43,531 |
| Computer & Networking Technologies, Ltd. | $43,500 |
| Halehanem Properties | $42,360 |
| First Family Broadcasting, Inc. | $42,157 |
| Ba Carts, LLC | $42,066 |
| Van Wert Glass Company, LLC | $41,065 |
| Hometown Therapy Group, LLC | $40,966 |
| Findlay Chiropractic Services, Inc. | $40,530 |
| Van Wert County Council on Aging, Inc. | $40,300 |
| El Mexicano Mexican Restaurant, Inc. | $39,700 |
| Van Wert Pallets, LLC | $39,200 |
| Hy-Way Farms, Inc. | $38,200 |
| Hoffman Plumbing & Heating, Ltd. | $36,665 |
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