Loans of $25,000 were provided to 122 businesses.
The largest loan underneath the $25,000 threshold was $25,000, given to Exceptional Enterprises, Inc..
The average loan amount provided to Nebraska small businesses was $44,477.
One of the biggest drivers causing inflation, which is currently decimating the U.S. economy, is loans. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.
Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.
Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.
A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.
| Borrower Name | Loan Amount | Difference From Average Loan Amount in NE |
|---|---|---|
| Exceptional Enterprises, Inc. | $25,000 | -$19,477 |
| Central City Lodging, LLC | $25,000 | -$19,477 |
| T-4 Farms, LLC | $25,000 | -$19,477 |
| Qe Systems | $25,000 | -$19,477 |
| Pommer Systems, LLC | $25,000 | -$19,477 |
| WH Foods, LLC | $25,000 | -$19,477 |
| Meister Land and Cattle, LLC | $25,000 | -$19,477 |
| Friesen Distribution, Inc. | $25,000 | -$19,477 |
| Prince Financial Services | $25,000 | -$19,477 |
| JPM Construction, Inc. | $25,000 | -$19,477 |
| Physicians Anesthesia Services, P.C. | $25,000 | -$19,477 |
| 6W Properties, LLC | $25,000 | -$19,477 |
| Southwest Environmental Engineering, LLC | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Grace Lutheran Church | $25,000 | -$19,477 |
| Trublue Property Care, LLC | $25,000 | -$19,477 |
| Schumacher Veterinary Clinic, LLC | $25,000 | -$19,477 |
| La6, LLC | $25,000 | -$19,477 |
| Bat, Inc. | $25,000 | -$19,477 |
| Bat, Inc. | $25,000 | -$19,477 |
| Massih Law, LLC | $25,000 | -$19,477 |
| Ashland Oak | $25,000 | -$19,477 |
| Traci Kelly | $25,000 | -$19,477 |
| Thompson Music Company | $25,000 | -$19,477 |
| D-Bon Farms, Inc. | $25,000 | -$19,477 |
| R Farm Company | $25,000 | -$19,477 |
| Jeffery Rentals, Inc. | $25,000 | -$19,477 |
| Raile Fitness, LLC | $25,000 | -$19,477 |
| All American Insurance Geneva, LLC | $25,000 | -$19,477 |
| Priority Communications & Solutions, Inc. | $25,000 | -$19,477 |
| Francisco a Colesio, LLC | $25,000 | -$19,477 |
| RDO Farms, Inc. | $25,000 | -$19,477 |
| Stylawns & Landscape | $25,000 | -$19,477 |
| Online Trade Company, LLC | $25,000 | -$19,477 |
| Pawnee Playcare | $25,000 | -$19,477 |
| Dennis Brown | $25,000 | -$19,477 |
| Dennis Brown | $25,000 | -$19,477 |
| Matt Kirkendall Insurance Agency | $25,000 | -$19,477 |
| Mac6 Acquisitions, LLC | $25,000 | -$19,477 |
| Evolution Soccer, Inc. | $25,000 | -$19,477 |
| MCH Auxilliary Thrift Shop | $25,000 | -$19,477 |
| Dean Schow Family Trust | $25,000 | -$19,477 |
| H. A. M., LLC | $25,000 | -$19,477 |
| River Stone Custom Homes, LLC | $25,000 | -$19,477 |
| Christian Insurance Solutions | $25,000 | -$19,477 |
| MK Consulting, LLC | $25,000 | -$19,477 |
| WDB Resultants, LLC | $25,000 | -$19,477 |
| All American Insurance Geneva, LLC | $25,000 | -$19,477 |
| Nansel's Best Service, Inc. | $25,000 | -$19,477 |
| DMKM, LLC | $25,000 | -$19,477 |
| Lassek and Dunn Design, LLC | $25,000 | -$19,477 |
| Emergentology, LLC | $25,000 | -$19,477 |
| Fleetrock Holdings, LLC | $25,000 | -$19,477 |
| Small Engine Services, Inc. | $25,000 | -$19,477 |
| Ortho Medics, Inc. | $25,000 | -$19,477 |
| Cool Concept, LLC | $25,000 | -$19,477 |
| Neal Insurance Agency, Inc. | $25,000 | -$19,477 |
| Neal Insurance Agency, Inc. | $25,000 | -$19,477 |
| MCH Auxiliary Thrift Shop, Inc. | $25,000 | -$19,477 |
| Empowered Healing | $25,000 | -$19,477 |
| Lee's Service, Inc. | $25,000 | -$19,477 |
| Lee's Service, Inc. | $25,000 | -$19,477 |
| Johnson Recycling Solutions, LLC | $25,000 | -$19,477 |
| Speedbinder, Inc. | $25,000 | -$19,477 |
| Trinity Presbyterian Church | $25,000 | -$19,477 |
| Trinity Presbyterian Church | $25,000 | -$19,477 |
| Trinity Presbyterian Church | $25,000 | -$19,477 |
| Trinity Presbyterian Church | $25,000 | -$19,477 |
| Cook Enterprises, Inc. | $25,000 | -$19,477 |
| Cook Enterprises, Inc. | $25,000 | -$19,477 |
| CTF Serice, Inc. | $25,000 | -$19,477 |
| Mac6 Acquisitions, LLC | $25,000 | -$19,477 |
| Bull + Nelson, LLC | $25,000 | -$19,477 |
| Beemer Lumber, Inc. | $25,000 | -$19,477 |
| Omaha Occupational and Speech Therapy | $25,000 | -$19,477 |
| Sell Auto | $25,000 | -$19,477 |
| West Blondo Dental | $25,000 | -$19,477 |
| G & A Concrete Pumping, Inc. | $25,000 | -$19,477 |
| Bat, Inc. | $25,000 | -$19,477 |
| Bat, Inc. | $25,000 | -$19,477 |
| Lindquist, Inc. | $25,000 | -$19,477 |
| Busboom Truck & Trailer Repair, LLC | $25,000 | -$19,477 |
| Brico Pest Control, LLC | $25,000 | -$19,477 |
| Veetronix, Inc. | $25,000 | -$19,477 |
| Milligan Pork | $25,000 | -$19,477 |
| Wulf Grounds Maintenance, LLC | $25,000 | -$19,477 |
| Subroads, Inc. | $25,000 | -$19,477 |
| Four Seasons Home Improvement, Inc. | $25,000 | -$19,477 |
| DKC Enterprise, Inc. | $25,000 | -$19,477 |
| RC Electrical Contractors, LLC | $25,000 | -$19,477 |
| Liesinger Farms, Inc. | $25,000 | -$19,477 |
| Greg Peters, Inc., M.D. | $25,000 | -$19,477 |
| Husker Crop Solutions, Inc. | $25,000 | -$19,477 |
| Welsh Management Group, LLC | $25,000 | -$19,477 |
| Brown's Shoe Fit Company of North Platte, NE, LLC | $25,000 | -$19,477 |
| Tony Milana, PC | $25,000 | -$19,477 |
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