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 |
|---|---|
| GCS, LLC | $175,941 |
| Aspen Environmental Field | $163,877 |
| Sos Services, Inc. | $112,500 |
| Affordable Fire Protection, Inc. | $96,654 |
| K-LA Construction, LLC | $93,088 |
| Hutton Trucking, Inc. | $52,270 |
| Jolly Construction, Inc. | $44,700 |
| Elite Protective Coatings | $42,551 |
| Jack Cassidy Colorado Big Game Hunts, LLC | $41,067 |
| Western Slope Realty | $35,000 |
| Mountain Ride Transfer | $32,587 |
| Absolute Prestige Limousine Service, Ltd. | $24,635 |
| William Hall | $20,833 |
| Travis Fagan | $20,833 |
| Michael Gurganious | $20,833 |
| Guccini Farms, LLC | $20,833 |
| Jimmie Brach | $20,833 |
| Rachel Barnes | $20,833 |
| Matthew Young | $20,804 |
| Heritage ARMS, Inc. | $20,617 |
| Jimmy Brach | $20,493 |
| William Plock | $20,000 |
| H and H Agent, LLC | $19,710 |
| E & L Signs, LLC | $19,349 |
| Charles Burenheide | $18,969 |
| David Hulslander | $18,891 |
| Joseph Kelleghan | $18,217 |
| Cynda Nicklas | $18,159 |
| Western Slope Cattlemens Consignment Auction, LLC | $17,727 |
| Harmony Acres Equestrian Center | $17,620 |
| Joseph Russell | $17,083 |
| Brach Brothers Farm, LLC | $16,363 |
| Nicole Ruiz | $15,759 |
| Ronald H. Jackson | $14,573 |
| Desert Eagle Services, LLC | $14,254 |
| Travis Fryery | $13,957 |
| Kiffaney Ridings | $13,865 |
| Thomas Russell | $13,757 |
| T-Way, Inc. | $13,697 |
| Tim Cassidy | $13,461 |
| 23design, Inc. | $10,512 |
| Jessica Wehling | $10,400 |
| Willmarth Family Farm, LLC | $9,903 |
| Christopher A. Carlson | $9,755 |
| Jayton Brach | $9,072 |
| Roman Industries, LLC | $8,929 |
| Robyn Burbridge | $7,982 |
| Jace Hutton | $7,665 |
| Colorado Summit, LLC | $6,747 |
| James Fry | $5,052 |
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