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 58802
| Name of Borrower | Current Approved Amount |
|---|---|
| B & G Roustabout Service, LLC | $2,228,900 |
| Wellpro, Inc. | $1,719,000 |
| Basin Concrete, Inc. | $1,411,700 |
| Mike Palmer Petroleum Services, Inc. | $745,800 |
| Double Ee Services, Inc. | $694,900 |
| ASK Transportation, Inc. | $663,700 |
| Opportunity Foundation, Inc. | $523,800 |
| ND 85 Welding and Machine, LLC | $424,800 |
| Typhoon Excavation | $421,200 |
| Lee Suess, LLC | $375,400 |
| Pro It, LLC | $356,300 |
| GC Products, LLC | $265,900 |
| Dakota Diesel USA, Inc. | $254,000 |
| Western Veterinary Clinic, P.C. | $228,300 |
| Nova Oilfield Services | $211,700 |
| Capital Services, LLC | $188,600 |
| Dan's Tire Service of Williston, LLC | $178,600 |
| Heller Casing Service, Inc. | $177,800 |
| Specialized Technician Threading, Inc. | $177,600 |
| Williston State College Foundation | $139,400 |
| Williston Basin Inspection, Inc. | $138,600 |
| Blaine's Auto Body & Sales, Inc. | $135,000 |
| Round and Black Tire, Inc. | $134,900 |
| DG&e Services, Inc. | $113,600 |
| Jellison's Repair | $100,078 |
| Alpine Auto Glass, Inc. | $98,500 |
| Benth Enterprises, LLC | $95,600 |
| Center Fire Welding Service, Inc. | $90,900 |
| Hollen Auto Body., LLC | $89,400 |
| Empire Oil Company | $83,000 |
| Williston Tank Rental, Inc. | $78,900 |
| Nortana Amusement, LLC | $73,600 |
| PSC, LLC | $64,000 |
| Dawa Solutions Group, LLC | $63,600 |
| Mondak Hardware, Inc. | $55,200 |
| Getzlaff Trucking, LLC | $50,000 |
| Williams County Abstract Company | $48,400 |
| J T I, Inc. | $46,000 |
| KJCK Incorporated | $40,600 |
| Tofte Brothers Const., Inc. | $33,800 |
| Williston Basin Youth for Christ | $30,400 |
| Bastien Decorating, Inc. | $27,900 |
| Aok Construction, LLC | $23,900 |
| Cowboy Consulting, Inc. | $22,400 |
| CRS, LLC | $20,800 |
| Brian Johnson | $20,800 |
| Allen D. Overy | $20,600 |
| Total Depth Rentals, Inc. | $20,200 |
| James Scallon | $18,900 |
| Brach Enterprises, Inc. | $17,718 |
| Minnesota Midwest Brokers, LLC | $15,600 |
| Stangeland Farm & Ranch | $15,000 |
| Vestal Resources, Inc. | $14,600 |
| CNC Enterprises, Inc. | $14,100 |
| Get-R-Done Handyman Services, LLC | $14,033 |
| Apex Machine Shop, Inc. | $11,887 |
| Derek Wehrman | $9,500 |
| Roughrider Land Services, LLC | $8,400 |
| Elite Construction | $7,400 |
| Williston Sea Lions, Inc. | $7,200 |
| Draper Consulting, LLC | $6,720 |
| Fort Union Association | $1,700 |
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