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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Fishtown, Inc. | $184,011 |
| Lemhi Valley Social Services, Inc. | $169,695 |
| Gem Air, LLC | $136,776 |
| Cannell Wilderness, Inc. | $128,784 |
| Flying Resort Ranches, Inc. | $113,744 |
| Idaho and Oregon River Journeys | $82,306 |
| Salmon Dental Center, PLLC | $78,822 |
| Subway / El Taco Grande, LLC | $58,000 |
| G & S, LLC | $52,482 |
| Salmon Valley Stewardship | $50,412 |
| Lemhi County Economic Development Association, Inc. | $47,037 |
| Computer Zen, LLC | $42,887 |
| DJ Larson Enterprises, LLC | $35,266 |
| Carl Lamont | $35,192 |
| Phillips Bros Construction, LLC | $32,657 |
| Herbek Construction, Inc. | $32,602 |
| Riverfront Gas Grub & RV Center, Inc. | $29,113 |
| Frontier Furnishings, LLC | $26,994 |
| Rise and Shine Espresso | $25,682 |
| Paula Tomlinson | $22,537 |
| Kids Creek Early Education Center, LLC | $21,270 |
| Edward Snook | $20,833 |
| Michael Philpott | $20,833 |
| Edgar French | $20,833 |
| Laura Estle-Jewell | $20,833 |
| Salmon Speech and Swallowing Services, LLC | $20,833 |
| Alan Kent Pharis | $20,833 |
| Richard Larson | $20,833 |
| Verdell Olson | $20,833 |
| Laura Estle-Jewell | $20,833 |
| Michael Pearse | $20,832 |
| Kevin Hoffman | $20,832 |
| John H. Hoggan | $20,832 |
| Carl Lufkin | $20,832 |
| Carl Lufkin | $20,832 |
| Baldwin Diesel Injection, LLC | $20,832 |
| Will and Sue, LLC | $20,395 |
| Adam Beers | $19,792 |
| Salmon City Golf Association | $19,687 |
| Idaho Adventures, Inc. | $19,002 |
| Steel & Ranch Center, Inc. | $18,787 |
| 3-P Trucking, Inc. | $18,565 |
| Sharon Hoffman | $16,592 |
| Wot, LLC | $16,414 |
| L&o Enterprises, LLC | $16,335 |
| River City Red E Mix, LLC | $15,862 |
| Donald Wade | $14,347 |
| Jarrett Wiscombe | $13,975 |
| Down to Earth Excavation, LLC | $13,627 |
| Salmon River FLY Box, LLC | $13,405 |
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