There were 70 PPP loans provided to small businesses in 2020 in ZIP Code 62694, according to the US Small Business Administration.
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 62694
| Name of Borrower | Current Approved Amount |
|---|---|
| Illinois Electric Cooperative | $1,044,910 |
| Marshall Chevrolet Company | $252,993 |
| Peak Insurance Agency, Inc. | $87,500 |
| Little Heating & Air Conditioning, Inc. | $71,835 |
| Scotty’s Convenience Center, Inc. | $66,912 |
| Coon Farms, Inc. | $50,856 |
| Fox Lawn Service, LLC | $49,300 |
| Donohoo Diversified Enterprises, Inc. | $42,875 |
| Lloyd Vortman Computer Service & Sales | $42,619 |
| Daws Funeral Homes, Inc. | $40,460 |
| Robert C. Brown | $34,805 |
| Buck & Jo’s Too, LLC | $29,470 |
| John D. Coonrod, Attorney | $27,534 |
| Ra Coon Insurance Agency, Inc. | $26,848 |
| Dahman Equipment | $24,979 |
| Fearneyhough Farms Trucking, Inc. | $24,750 |
| Central Illinois Bowling Properties, LLC | $24,413 |
| James Andrew Brown | $20,833 |
| Stephen A. Moore | $20,833 |
| Corey Brown | $20,761 |
| Winchester United Methodist Church | $19,545 |
| Wilson Seedtime and Harvest, LLC | $19,308 |
| Waids Clean Up | $18,900 |
| Dan R. Ash | $18,700 |
| Adam Little | $17,158 |
| John E. Pennell | $16,785 |
| Eric Brown | $16,250 |
| Robert Sellars | $16,110 |
| Glenn J. Nesbo | $15,890 |
| Donald Ehlert | $15,385 |
| C & C Entertainment of IL, Inc. | $13,440 |
| CD Daniel Trucking, Inc. | $13,125 |
| Roger and Jeff Hurrelbrink Joint | $12,708 |
| Williams Family, Inc. | $12,687 |
| Brown Family Excavating | $12,000 |
| Lonnie D. Little | $10,962 |
| John Paul Coonrod, Attorney at Law | $10,245 |
| L Weder Construction, Inc. | $10,100 |
| Access Investment & Insurance Services, Inc. | $10,016 |
| Bryan Taylor Enterprises, LLC | $10,000 |
| Stuart Smith | $9,225 |
| Anslyn Home Improvement | $9,221 |
| Andrew Dahman Farms, Inc. | $8,810 |
| Kemper Automotive | $8,745 |
| Robert J. Fearneyhough | $8,654 |
| Secret Ayzel, Inc. | $8,190 |
| Janson C. Nesbo | $7,466 |
| Hubbert Farms | $7,126 |
| $um It Up Tax Service | $6,783 |
| Mj Andrew Thomas | $6,145 |
| Kevin E. Brown | $6,086 |
| James Peak Farms, Inc. | $5,875 |
| William D. Ballard | $5,463 |
| Robert T. Sellars | $4,559 |
| Amy Smith | $4,500 |
| Kirsten Monroe | $4,214 |
| Jennifer Barber | $3,623 |
| Hazelwood Trucking | $3,525 |
| Jacob Peak Farms, Inc. | $3,383 |
| James T. Grady | $3,330 |
| Andrew J. Sellars | $3,255 |
| Cecil McCollum | $3,210 |
| Vortman Plumbing & Heating | $3,005 |
| Rodney Little | $2,950 |
| Perry Peak Farms, Inc. | $2,500 |
| Peter Peak, Farms, Inc. | $2,500 |
| Pat Peak Farms, Inc. | $2,500 |
| Debra Buchanan | $1,698 |
| Winchester Assembly of God Church | $1,300 |
| Donald W. Hoots | $479 |
