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 58854
| Name of Borrower | Current Approved Amount |
|---|---|
| Mckenzie County Healthcare Systems, Inc. | $2,617,400 |
| E & M Services, LLC | $2,440,500 |
| Razor Consulting Solutions, Inc. | $1,503,600 |
| DNB Energy Services, Inc. | $1,456,300 |
| Tiger Well Service, LLP | $1,367,800 |
| Six Shooter, LLC | $1,147,500 |
| Hydrus Energy Solutions USA, Inc. | $842,900 |
| Lion PPT Enterprises, Inc. | $757,734 |
| Lund Oil, Inc. | $602,800 |
| Wildfire Hyperheaters, LLC | $559,200 |
| Drakin Oilfield Construction, Inc. | $549,300 |
| Northern States Fishing Tool Company, Inc. | $548,140 |
| Magnus Services, LLC | $520,200 |
| Hoss Rentals, Inc. | $482,400 |
| Rhinokore Composites Solutions | $458,500 |
| Dija Holdings, LLC | $435,085 |
| Tydak Energy Solutions, LLC | $432,100 |
| Red Rock Auto of Watford City, LLC | $426,600 |
| Wolf Run Village | $417,700 |
| Flare Welding, LLC | $376,785 |
| J Custom Electric, LLC | $366,000 |
| Farmers Union Oil Company of Watford City | $362,100 |
| 509 Transport, Inc. | $348,677 |
| High Plains Transport, Inc. | $344,298 |
| Deep Creek Adventures, Company | $338,303 |
| Legacy Tool & Rental, LLC | $324,300 |
| Awol Well Services, LLC | $286,200 |
| Eleazer Investments, Inc. | $270,900 |
| Stonehome, LLC | $263,400 |
| Droptine Construction, LLC | $257,700 |
| Jokers Wild Trucking, LLC | $238,100 |
| Corner Post, Inc. | $221,600 |
| Larsen Service Drug | $209,100 |
| Three Bros Management, LLC | $204,292 |
| Watson Well Solutions, LLC | $201,500 |
| Southpark Extended Stay, LLC | $197,200 |
| Badlands Hydrovac Services, LLC | $193,800 |
| Raw Steel Services, LLC | $181,438 |
| Nelson Contracting, LLC | $180,400 |
| Triple AAA Safety/training, Inc. | $177,250 |
| Ascend Automation, LLC | $173,300 |
| Acknowledge, LLC | $172,300 |
| Black Diamond Construction | $171,900 |
| NDGS, Inc. | $168,000 |
| Little Missouri Grille, Inc. | $165,400 |
| Thunder Butte Energy Services, LLC | $165,300 |
| Rumley Oilfield Services, LLC | $163,900 |
| Vetexperts, LLC | $163,400 |
| Northern Pump & Compression, Inc. | $159,200 |
| Badlands Contracting, LLC | $158,000 |
| Outsider's Bar and Grill, LLC | $150,000 |
| Son Oilfield Services, LLC | $147,400 |
| Summit Environmental, LLC | $145,295 |
| Heggen Equipment, Inc. | $140,700 |
| Watford Hospitality Group, LLC | $130,500 |
| Elkan, Inc. | $128,800 |
| Annova Family Health Center, Inc. | $127,800 |
| Southpark Hotel, LLC | $114,300 |
| Cascade Auto, LLC | $109,600 |
| Jonnie Layne Consulting, LLC | $107,300 |
| Marvin Earl Feakes | $106,100 |
| Moberg Energy, LLC | $103,532 |
| Almquist Welding & Fab, Inc. | $103,400 |
| Brady's Towing & Recovery, LLC | $103,100 |
| E & M Management Group, LLC | $102,800 |
| Twin Valley Rentals, Inc. | $102,700 |
| Badlands Truck & Trailer | $101,710 |
| Hovland Hot Oil Service, LLC | $100,000 |
| Jackson Dodds, Inc. | $98,527 |
| Prime Truck and Trailer Repair, LLC | $95,900 |
| Nordby Vision Center, Ltd. | $92,100 |
| Legendary Smiles, P.C. | $91,900 |
| Elevated Fishing & Milling Tools, LLC | $88,776 |
| Watford City Lumber, Inc. | $88,030 |
| Wolverine Construction, LLC | $85,947 |
| Watford City ND, LLC | $84,954 |
| Johnson & Sundeen, Ltd. | $83,900 |
| Mckenzie County Farmer Publishing Company | $82,700 |
| O K Implement Company | $80,100 |
| Watford Subs, Inc. | $79,700 |
| Shangcheng USA, LLC | $79,000 |
| Dakota Crude Transport, Inc. | $77,200 |
| TDI Services, LLC | $74,800 |
| Hansen Diesel & Automotive, LLC | $73,500 |
| Dirty Birds, LLC | $72,559 |
| Jeff Dodds, Inc. | $71,935 |
| JSH Services, LLC | $70,300 |
| M&J Transportation, LLC | $67,000 |
| Bullrock ALS, LLC | $66,500 |
| TTK Enterprises, LLC | $64,725 |
| Golberg Enterprises | $63,872 |
| Blackgold Suites III, LLP | $63,733 |
| Massive Services, LLC | $60,932 |
| Badger Oilfield Construction, LLC | $58,800 |
| Wade Darr, LLC | $58,300 |
| Tokyo Steak Seafood Sushi House, Inc. | $56,200 |
| Hymark Hvac, LLC | $55,000 |
| High RPM, LLC | $51,737 |
| Watford City Golf Club, Inc. | $50,000 |
| Kodiak Inspections, LLC | $48,500 |
| Big Butte Services, LLC | $47,200 |
| Just Truck Parts, Inc. | $45,400 |
| Gregory Thomas Oilfield Services, LLC | $42,800 |
| North Dakota Indoor RV Park | $42,600 |
| Dean Anderson, Inc. | $42,400 |
| Choice Property Management | $41,700 |
| Precision Measurement, Inc. | $41,020 |
| 3C Oilfield Services, LLC | $40,020 |
| Tydak, LLC | $39,800 |
| Watford City Ace Hardware, Inc. | $38,385 |
| Krown Energy Group, LLC | $38,011 |
| Gonzalez Water Hauling, LLC | $37,800 |
| A&L Auto Repair, LLC | $36,964 |
| Nick M B Enterprises, LLC | $36,600 |
| Watford Aeroservice, LLC | $36,100 |
| Automated Meter Solutions, LLC | $36,000 |
| Call the Shots, Inc. | $34,496 |
| Blackdog Trucking, LLC | $33,617 |
| Josh Mandler Builders, LLC | $33,500 |
| Liimatta, LLC | $32,915 |
| Bitter Creek Cattle Company, Inc. | $32,442 |
| Rice Express, Inc. | $31,900 |
| Crosspoint Church | $30,900 |
| Meyer Department Store, Inc. | $30,721 |
| Fan Cutz, LLC | $30,400 |
| Watford Convenience, LLC | $30,148 |
| ERM, Inc. | $29,500 |
| Jam, LLC | $28,600 |
| Martz Services, Inc. | $27,812 |
| Badlands Gymnastics Club, Inc. | $27,500 |
| Empowered Therapy by Tara Lorenz, PLLC | $26,600 |
| Lieutenant Enterprises, Inc. | $26,300 |
| Innovative Consulting ND, LLC | $25,000 |
| Eagle One Welding Solutions | $24,846 |
| Bakken Oil Rush Watford City Outreach | $24,700 |
| Mud Monkey Repairs, LLC | $24,100 |
| Lodholtz Trucking, LLC | $23,753 |
| J & C Construction | $23,500 |
| Walters Real Estate, LLC | $23,100 |
| David Wolf Transport, Inc. | $22,700 |
| Garmann Trucking, Inc. | $22,550 |
| BC Trucking | $22,500 |
| Allure Beauty Salon, LLC | $22,500 |
| P. S. Hellandsaas Enterprises, Inc. | $22,063 |
| Scott Haugen | $20,833 |
| Micheal Kilian | $20,833 |
| Duke Oilfield Services, LLC | $20,833 |
| Troy Knutson | $20,832 |
| Joy Production Company | $20,832 |
| Aaron Gravos | $20,800 |
| DTL Contracting Services, LLC | $20,800 |
| Brett Wiseness | $20,800 |
| Blackburn Oil Field Service | $20,800 |
| Riggins Real Estate, LLC | $20,800 |
| Eclipse Environmental Services, LLC | $20,800 |
| Bighorn Welding | $20,472 |
| Uppa Creek Construction, LLC | $20,100 |
| MS Dental Solutions, PLLC | $20,000 |
| Saddle Up, Inc. | $19,400 |
| Watford City Karate and MMA | $18,750 |
| Krazy 8 Transport, Inc. | $18,696 |
| Eddie's Enterprises, LLC | $18,473 |
| The Ficara Company, LLC | $18,400 |
| 701 Clean, LLC | $18,300 |
| Living Faith Clba | $17,800 |
| Team Shelley Services, LLC | $17,500 |
| Iron Cactus II, LLC | $17,100 |
| Phoenix Oil Field Services, LLC | $16,988 |
| Kinden Consulting, Inc. | $16,756 |
| Hoosier Truck Tank Repair Service, LLC | $16,552 |
| Quale Advisor's, Inc. | $16,500 |
| Joseph Palmer | $16,349 |
| Michael Goulet, Inc. | $15,900 |
| D & D Water Well Service, Inc. | $15,615 |
| Kelley's Compressor Services, LLC | $15,600 |
| Chemco, Inc. | $15,500 |
| Rolfsrud Oil, LLC | $15,000 |
| Jerome Trucking, LLC | $15,000 |
| Meuchel Enterprises, Inc. | $14,889 |
| Walters Consulting, LLC | $14,500 |
| Eg Trucking, LLC | $14,200 |
| Amanda Wisness | $13,900 |
| T & T Measurements, LLP | $13,400 |
| D's Custom, LLC | $13,400 |
| D&m's Office | $13,400 |
| Authentic Industries, Inc. | $13,200 |
| Innes Oilfield Services, Inc. | $13,200 |
| Fogle Consulting, LLC | $13,077 |
| Raptor Energy Partners, LLC | $12,500 |
| Ballenger Freight Land Air Ocean | $12,100 |
| April M & Brian R Szostak | $11,687 |
| Focke & Associates, LLC | $11,400 |
| Hometown Homemade, LLC | $10,170 |
| Wall 2 Wall, LLC | $10,000 |
| Stella Nails & Spa, LLC | $9,900 |
| Tarnavsky Ranch | $9,100 |
| Theron Huwe, Fui, LLC | $8,750 |
| Seth G. Twitchell | $8,680 |
| Supernova, LLC | $7,900 |
| Watford City Real Estate Group, LLC | $7,700 |
| Garmans Flooring, LLC | $7,700 |
| Calli Thorne | $7,567 |
| Prestige Unlimited, LLC | $7,275 |
| Rowdy Rebel Safety Consulting, LLC | $7,167 |
| Silver Barrel Trucking, LLC | $7,000 |
| GFS Enterprise Cororation | $6,854 |
| Done Right the First Time | $6,200 |
| John Tweit | $5,927 |
| Shear Kutz | $5,647 |
| Korslien Consulting, LLC | $5,300 |
| Rodriguez N. Welding Fab | $5,105 |
| R & M Investments, Inc. | $5,100 |
| Buttons by Fish, Inc. | $5,000 |
| Arrowwood Developments, LLC | $4,800 |
| Rakken Arrow, LLC | $4,800 |
| Urban Body Works | $4,500 |
| Chelsea Kilian | $3,250 |
| JD Dimensions | $2,900 |
| Joanna C. Cooke | $2,300 |
| Mark R. Anderson | $1,472 |
| Katie Tschetter | $1,053 |
| Kathy Arnold-Willis | $500 |
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