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 |
|---|---|
| Circle S Seeds of Montana, Inc. | $282,600 |
| Sacajawea Hotel, LLC | $279,400 |
| Eagle Tire, LLC | $270,400 |
| Bozeman Builders Group, Inc. | $186,800 |
| Red Tiger Drilling, Inc. | $128,587 |
| Montana Equine Associates, Inc. | $119,100 |
| Double T, Inc. | $112,409 |
| K G Ranch | $109,960 |
| Steer INN Restaurant | $103,300 |
| Chuteside Veterinary Service, P.LLC | $102,605 |
| Three Forks Lumber & Ready Mix, Inc. | $96,400 |
| Headwaters Veterinary Hospital, Inc. | $91,600 |
| Terry Land and Livestock, LLC | $82,500 |
| Van Vleet Masonry, Inc. | $81,800 |
| M & W Machine, Inc. | $70,000 |
| NMC, Inc. | $60,035 |
| Three Forks Family Dentistry | $52,100 |
| Headwaters Seat Covers, LLC | $48,527 |
| Bates Family Diversified, LLC | $46,200 |
| Headwaters Flying Service, LLC | $37,700 |
| Three Forks Cafe, Inc. | $37,500 |
| Three Forks Stageline, Inc. | $35,250 |
| T and D Masonry, Inc. | $32,762 |
| Centennial Wood Products, Inc. | $32,547 |
| Gallatin Valley Golf Association | $31,600 |
| Three Forks Physical Therapy, Inc. | $30,900 |
| Pathways Assisted Living | $30,000 |
| Rae Hospitality, LLC | $27,500 |
| Frontier America, LLC | $27,000 |
| Ron Frye Marketing | $27,000 |
| Three Forks Hardware | $25,100 |
| Montana Equine Associates Helena, Inc. | $24,275 |
| Green Mountain Red Angus, Inc. | $22,136 |
| Dalke Enterprises, Inc. | $20,200 |
| Versatile Incorporated | $18,840 |
| Folkvord Land Holdings, LLC | $16,700 |
| Caf Investments, LLC | $16,100 |
| ACTS Construction, LLC | $16,000 |
| High END Systems | $15,300 |
| Goochenha, Inc. | $15,000 |
| Montana General Construction, Inc. | $14,700 |
| Accounting Made Easy, LLC | $13,537 |
| Watson Rodeo Photos, Inc. | $13,300 |
| Three Forks Saddlery, Inc. | $13,100 |
| Northern Rockies Insulation, LLC | $12,100 |
| Bruces Floor Cleaning Professionals, LLC | $11,800 |
| MRCW, Inc. | $11,732 |
| Ron's Diesel Repair, Inc. | $10,300 |
| Rich Birkholz | $10,300 |
| Broken Spur Motel, Inc. | $10,200 |
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