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 |
|---|---|
| Talbott's Mountain Gold, LLLP | $524,010 |
| Black Bear Orchards | $390,277 |
| Fuller Orchards, LLC | $361,350 |
| Wine Country Property, RLLLP | $342,205 |
| Lincoln Cabinets, Inc. | $203,992 |
| Palisade Brewing Company, LLC | $178,267 |
| Peach Street Distillers Corporation | $177,774 |
| Baker & Associates Landscape Management, LLC | $147,247 |
| Colorado Vineyard Specialists, LLC | $144,326 |
| High Country Orchards | $140,352 |
| C & R Farms, LLC | $110,775 |
| Kokopelli Farms, Inc. | $105,863 |
| G. A. Western Construction Company | $100,830 |
| Louel, Inc. | $93,247 |
| Dos Almas, LLC | $92,754 |
| Legacy General Contracting, Inc. | $75,630 |
| Palisade Farms | $75,250 |
| Grande River Vineyards, Inc. | $55,332 |
| Nextgen Industries, LLC | $55,000 |
| Diorio's of Palisade | $53,966 |
| Mclean Farms, LLC | $53,282 |
| Restoration Vineyards, LLC | $53,024 |
| BB Services, LLC | $43,357 |
| Morgan Systems, Inc. | $42,528 |
| Sage Creations Organic Farm, LLC | $36,670 |
| By the by, LLC | $35,888 |
| Ted V Clark CPA, PC | $30,000 |
| Slice O. Life Bakery | $29,819 |
| Clint Speer | $23,600 |
| Beth Busch | $20,833 |
| Cherie Sturm | $20,833 |
| Kevin Carey | $20,833 |
| Erik Christian | $20,832 |
| Erik Christian | $20,832 |
| Charles Reed | $20,684 |
| Colorado Association for Viticulture and Enology | $19,680 |
| Susan B. Patton | $19,100 |
| Derrick Selan | $18,964 |
| Plum Daisy, LLC | $18,050 |
| Pressed, LLC | $17,750 |
| J & K Mechanical, LLC | $16,200 |
| Xtreme Crane GJ, LLC | $16,165 |
| Chamber of Commerce Palisade Colorado | $16,115 |
| Thomas Arnold | $15,930 |
| Misty Mountain Services, Inc. | $15,402 |
| Robert Cook | $15,256 |
| Robert Cook | $15,256 |
| Derrick Selan | $15,171 |
| Palate of Palisade, Inc. | $14,043 |
| Corey Management, LLC | $13,542 |
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