Hundreds Of Local Businesses Received PPP Loans
July 10, 2020 at 12:24 a.m.
By David [email protected]
Earlier this week, the government announced who received the money, and that included many in Kosciusko County and the surrounding area.
U.S. Department of the Treasury and Small Business Administration unveiled the partial list about businesses receiving Paycheck Protection Program (PPP) loans, which started in April and were scheduled to last until the end of June. The deadline was extended by the U.S. Senate recently to Aug. 8.
According to a news release accompanying the list, in releasing Personal Paycheck Protection loan data to the public, “SBA is maintaining a balance between providing transparency to American taxpayers and protecting small businesses’ confidential business information, such as payroll, and personally identifiable information. Small businesses are the driving force of American economic stability and are essential to America’s economic rebound from the pandemic. SBA is committed to ensuring that any release of PPP loan data does not harm small businesses or their employees.”
PPP loans are not made by SBA. PPP loans are made by lending institutions and then guaranteed by SBA. Borrowers apply to lenders and self-certify that they are eligible for PPP loans, according to the release. The self-certification includes a good faith certification that the borrower has economic need requiring the loan and that the borrower has applied the affiliation rules and is a small business. The lender then reviews the borrower’s application, and if all the paperwork is in order, approves the loan and submits it to SBA.
Receiving the loans locally included:
Akron
$150,000 to $350,000: D R Smith Trucking Inc., MB Industries Inc.
Bourbon
$350,000 to $1M: Faulkner Fabricating Inc., Harmony Press Inc., I-Composites LLC, Shells Inc.
$150,000 to $350,000: Harman Restaurants Inc., Northern Indiana Manufacturing, Slabaugh Metal Fab LLC.
Etna Green
$1M to $2M: Winona Powder Coating.
$350,000 to $1M: Woodenware USA Inc.
$150,000 to $350,000: D & D Maintenance LLC, Kuhns Storage Barns.
Leesburg
$5M to $10M: Maple Leaf Farms Inc.
$150,000 to $350,000: Clunette Elevator Co. Inc., Ferguson Farms Inc., Freedom Oil LLC, Nuell Inc.
Mentone
$350K to $1M: Craig Welding and Manufacturing Inc., Midwest Spring and Stamping Inc.
Milford
$2M to $5M: The Papers Inc.
$1M to $2M: Phend and Brown Inc.
$350,000 to $1M: Bison LLC.
$150,000 to $350,000: Beer Dairy Inc., Milford Animal Clinic PC, Millwood Roofing and Construction, Quality Restoration Services Inc.
Nappanee
$2M to $5M: Challenger Door LLC, ATC Trailers Holdings, Gulf Stream Coach Inc., Intech Trailers Inc.
$1M to $2M: Ascot Enterprises Inc., Chase Manufacturing, D.H. Machine Inc.
$350,000 to $1M: Ayr Cabinet Co. Inc., Borkholder Buildings, Commercial Structures of Indiana, Craftech Building Systems Inc., Hochstetler Grain Equipment Inc., Justus Property Management Inc., McCormick Motors Inc., Miller Mfg. Corp., Paul’s Welding Inc., R W Jenkins Automotive Inc., Right Angles Steel & Fabrication Inc., Williamsburg Furniture Inc.
$150,000 to $350,000: Ace Builders Inc., CD Corp., Cook Metz II LLC, Damar Wood Products LLC, Farwall TSG LLC, Hahn Auctioneers Inc., Kemp Electric Inc., Lavine Restorations Inc., Nappanee Family Eyecare PC, Northern Indiana Axle LLC, Personal Caregivers of Elkhart Inc., R Yoder Construction Inc., Ruhe Corp., Specialty Hardwoods of Indiana Inc., Vishav Inc., Yoder Kitchen Corp.
North Manchester
$1M to $2M: Triple S Veal Inc.
$150,000 to $350,000: Shepherd’s Chevrolet Inc., Wetzel Insurance Agency Inc.
Pierceton
$1M to $2M: Midwest Roll Forming & Mfg Inc.
$350K to $1M: Pierceton Trucking Co. Inc.
$150,000 to $350,000: E F Rhodes and Sons Inc., J. Baker Trucking LLC, Keystone Granitewerks Inc., Northern Gasses and Supplies Inc., TTP Inc., Northern Gases and Supplies Inc., Warsaw Metal Products Inc.
Silver Lake
$1M to $2M: Par-Kan Company LLC.
$150,000 to $350,000: Kerlin Motor Company, Metzger & Son Trucking Co. Inc., Splendor Boats LLC.
South Whitley
$150,000 to $350,000: Whitley Mobile Homes Inc.
Syracuse
$5M to $10M: Poly-Wood LLC.
$1M to $2M: JP Incorporated.
$350,000 to $1M: Leading Edge Fabrication, Mig LLC, Tranter Graphics Inc.
$150K to $350K: Beta-Con Inc., Buhrt Builders Inc., Calar Inc., Dynamic Landscaping, JD Cowan Medical LLC, Main Channel Marina Inc., Milestone Construction Inc., Oakwood Resort LLC, Resolute Logistics LLC, Ritter Electric, Heating & Cooling Inc., TL Jackson Construction Inc., Wawasee Boat Company Inc., Znergy Inc.
Warsaw
$2 to $5M: Cardinal Center, Flexhaust Inc., New Dalton Holdings Corp., Precision Medical Technologies, Wildman Business Group.
$1 to $2M: Creighton Brothers, Explorer Van Company, Grossnickle Eye Center, Midwest Rake Company, Network Packaging Group LLC, Nextremity Solutions Inc., Whimet Inc., Wishbone Medical Inc.
$350,000 to $1M: Alpha Manufacturing & Design LLC, Core Mechanical Services Inc., Crystal Lake LLC, Egg Innovations LLC, G&G Hauling and Excavating Inc., Gawi LLC, Indiana Coated Fabrics, KLCA Inc., Kosciusko Community YMCA, Lakeside Chevrolet, Marine Mooring Inc., Miller & Sons Tool & Die Inc., Moore Automotive Group Inc., Penguin Point Restaurant Group LLC, Pierceton Trucking Co. Inc., Rabb Water Systems Inc., Robinson Construction Inc., Silveus Insurance Group Inc., Texmo Precision Casting (US) Inc., Union Tool Corp., Warsaw Chemical Holdings LLC, Warsaw Community Church, Warsaw Engineering & Fabricating Inc.
$150,000 to $300,000: Affiliated Service Providers of Indiana, ATA Construction, Bartel Printing Company, Buhrt Engineering & Construction Inc., Capital Equipment Sales Inc., Circle M Spring, Collier’s Commercial Services, Crouse Body Shop Inc., Dahms & Yarian Inc., Dental Health P.C., Didage Sales Company Inc., East Warsaw Dental Group LLC, Easterwood LLC, Fortune 1 LLC, Gregory Enterprises Inc., Hand Industries Inc., Heiman Construction Inc., Helvey & Associates Inc., Ideal Construction Company, IDNA Series LLC – Sportula Series, Image Air Charter LLC, JGLT Inc., Kirkdorfer Milk Transport LLC, Kosciusko Home Care and Hospice Inc., Lewis Salvage Corp., Mavron Inc., McDonald Carter Corp., MudLOVE LLC, N.E.W. Plumbing & Heating Inc., Northern Indiana Truss LLC, Northern Lakes Rehabilitation LLC, Nurses Etc. LLC, Nutrition Services Inc., Owl Manor Medical Holdings Inc., Pill Box Pharmacy Inc., Pure Pleasure Inc., Rayco Steel Process Inc., RBK Development Inc., Re-Cy LLC, Reichert & Knepp Inc., Renewal Homes LLC, Rice Lincoln Ford Inc., Sacred Heart Catholic Church, Site Worx Services, Sorg South Inc., Spikes Inc., Stafford Sold Waste Inc., The Hope Link LLC, Tranzstar Inc., Trinity School of Natural Health Inc., W.R. Hall Insurance Group LLC, Warsaw Automotive Group LLC, Warsaw Automotive Supply Corp., Warsaw Evangelical Presbyterian Church, Warsaw Foundry Company Inc., Willig Dentistry.
Winona Lake
$2M to $5M: Grace Schools.
$1M to $2M: ABC Industries Inc., Grace Village Healthcare.
$150,000 to $350,000: Boathouse Restaurant Inc., C E National Inc., Fly Fishing Inc., Lakeland Christian Academy Association, National Fellowship Brethren Retirement Homes Inc.
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Earlier this week, the government announced who received the money, and that included many in Kosciusko County and the surrounding area.
U.S. Department of the Treasury and Small Business Administration unveiled the partial list about businesses receiving Paycheck Protection Program (PPP) loans, which started in April and were scheduled to last until the end of June. The deadline was extended by the U.S. Senate recently to Aug. 8.
According to a news release accompanying the list, in releasing Personal Paycheck Protection loan data to the public, “SBA is maintaining a balance between providing transparency to American taxpayers and protecting small businesses’ confidential business information, such as payroll, and personally identifiable information. Small businesses are the driving force of American economic stability and are essential to America’s economic rebound from the pandemic. SBA is committed to ensuring that any release of PPP loan data does not harm small businesses or their employees.”
PPP loans are not made by SBA. PPP loans are made by lending institutions and then guaranteed by SBA. Borrowers apply to lenders and self-certify that they are eligible for PPP loans, according to the release. The self-certification includes a good faith certification that the borrower has economic need requiring the loan and that the borrower has applied the affiliation rules and is a small business. The lender then reviews the borrower’s application, and if all the paperwork is in order, approves the loan and submits it to SBA.
Receiving the loans locally included:
Akron
$150,000 to $350,000: D R Smith Trucking Inc., MB Industries Inc.
Bourbon
$350,000 to $1M: Faulkner Fabricating Inc., Harmony Press Inc., I-Composites LLC, Shells Inc.
$150,000 to $350,000: Harman Restaurants Inc., Northern Indiana Manufacturing, Slabaugh Metal Fab LLC.
Etna Green
$1M to $2M: Winona Powder Coating.
$350,000 to $1M: Woodenware USA Inc.
$150,000 to $350,000: D & D Maintenance LLC, Kuhns Storage Barns.
Leesburg
$5M to $10M: Maple Leaf Farms Inc.
$150,000 to $350,000: Clunette Elevator Co. Inc., Ferguson Farms Inc., Freedom Oil LLC, Nuell Inc.
Mentone
$350K to $1M: Craig Welding and Manufacturing Inc., Midwest Spring and Stamping Inc.
Milford
$2M to $5M: The Papers Inc.
$1M to $2M: Phend and Brown Inc.
$350,000 to $1M: Bison LLC.
$150,000 to $350,000: Beer Dairy Inc., Milford Animal Clinic PC, Millwood Roofing and Construction, Quality Restoration Services Inc.
Nappanee
$2M to $5M: Challenger Door LLC, ATC Trailers Holdings, Gulf Stream Coach Inc., Intech Trailers Inc.
$1M to $2M: Ascot Enterprises Inc., Chase Manufacturing, D.H. Machine Inc.
$350,000 to $1M: Ayr Cabinet Co. Inc., Borkholder Buildings, Commercial Structures of Indiana, Craftech Building Systems Inc., Hochstetler Grain Equipment Inc., Justus Property Management Inc., McCormick Motors Inc., Miller Mfg. Corp., Paul’s Welding Inc., R W Jenkins Automotive Inc., Right Angles Steel & Fabrication Inc., Williamsburg Furniture Inc.
$150,000 to $350,000: Ace Builders Inc., CD Corp., Cook Metz II LLC, Damar Wood Products LLC, Farwall TSG LLC, Hahn Auctioneers Inc., Kemp Electric Inc., Lavine Restorations Inc., Nappanee Family Eyecare PC, Northern Indiana Axle LLC, Personal Caregivers of Elkhart Inc., R Yoder Construction Inc., Ruhe Corp., Specialty Hardwoods of Indiana Inc., Vishav Inc., Yoder Kitchen Corp.
North Manchester
$1M to $2M: Triple S Veal Inc.
$150,000 to $350,000: Shepherd’s Chevrolet Inc., Wetzel Insurance Agency Inc.
Pierceton
$1M to $2M: Midwest Roll Forming & Mfg Inc.
$350K to $1M: Pierceton Trucking Co. Inc.
$150,000 to $350,000: E F Rhodes and Sons Inc., J. Baker Trucking LLC, Keystone Granitewerks Inc., Northern Gasses and Supplies Inc., TTP Inc., Northern Gases and Supplies Inc., Warsaw Metal Products Inc.
Silver Lake
$1M to $2M: Par-Kan Company LLC.
$150,000 to $350,000: Kerlin Motor Company, Metzger & Son Trucking Co. Inc., Splendor Boats LLC.
South Whitley
$150,000 to $350,000: Whitley Mobile Homes Inc.
Syracuse
$5M to $10M: Poly-Wood LLC.
$1M to $2M: JP Incorporated.
$350,000 to $1M: Leading Edge Fabrication, Mig LLC, Tranter Graphics Inc.
$150K to $350K: Beta-Con Inc., Buhrt Builders Inc., Calar Inc., Dynamic Landscaping, JD Cowan Medical LLC, Main Channel Marina Inc., Milestone Construction Inc., Oakwood Resort LLC, Resolute Logistics LLC, Ritter Electric, Heating & Cooling Inc., TL Jackson Construction Inc., Wawasee Boat Company Inc., Znergy Inc.
Warsaw
$2 to $5M: Cardinal Center, Flexhaust Inc., New Dalton Holdings Corp., Precision Medical Technologies, Wildman Business Group.
$1 to $2M: Creighton Brothers, Explorer Van Company, Grossnickle Eye Center, Midwest Rake Company, Network Packaging Group LLC, Nextremity Solutions Inc., Whimet Inc., Wishbone Medical Inc.
$350,000 to $1M: Alpha Manufacturing & Design LLC, Core Mechanical Services Inc., Crystal Lake LLC, Egg Innovations LLC, G&G Hauling and Excavating Inc., Gawi LLC, Indiana Coated Fabrics, KLCA Inc., Kosciusko Community YMCA, Lakeside Chevrolet, Marine Mooring Inc., Miller & Sons Tool & Die Inc., Moore Automotive Group Inc., Penguin Point Restaurant Group LLC, Pierceton Trucking Co. Inc., Rabb Water Systems Inc., Robinson Construction Inc., Silveus Insurance Group Inc., Texmo Precision Casting (US) Inc., Union Tool Corp., Warsaw Chemical Holdings LLC, Warsaw Community Church, Warsaw Engineering & Fabricating Inc.
$150,000 to $300,000: Affiliated Service Providers of Indiana, ATA Construction, Bartel Printing Company, Buhrt Engineering & Construction Inc., Capital Equipment Sales Inc., Circle M Spring, Collier’s Commercial Services, Crouse Body Shop Inc., Dahms & Yarian Inc., Dental Health P.C., Didage Sales Company Inc., East Warsaw Dental Group LLC, Easterwood LLC, Fortune 1 LLC, Gregory Enterprises Inc., Hand Industries Inc., Heiman Construction Inc., Helvey & Associates Inc., Ideal Construction Company, IDNA Series LLC – Sportula Series, Image Air Charter LLC, JGLT Inc., Kirkdorfer Milk Transport LLC, Kosciusko Home Care and Hospice Inc., Lewis Salvage Corp., Mavron Inc., McDonald Carter Corp., MudLOVE LLC, N.E.W. Plumbing & Heating Inc., Northern Indiana Truss LLC, Northern Lakes Rehabilitation LLC, Nurses Etc. LLC, Nutrition Services Inc., Owl Manor Medical Holdings Inc., Pill Box Pharmacy Inc., Pure Pleasure Inc., Rayco Steel Process Inc., RBK Development Inc., Re-Cy LLC, Reichert & Knepp Inc., Renewal Homes LLC, Rice Lincoln Ford Inc., Sacred Heart Catholic Church, Site Worx Services, Sorg South Inc., Spikes Inc., Stafford Sold Waste Inc., The Hope Link LLC, Tranzstar Inc., Trinity School of Natural Health Inc., W.R. Hall Insurance Group LLC, Warsaw Automotive Group LLC, Warsaw Automotive Supply Corp., Warsaw Evangelical Presbyterian Church, Warsaw Foundry Company Inc., Willig Dentistry.
Winona Lake
$2M to $5M: Grace Schools.
$1M to $2M: ABC Industries Inc., Grace Village Healthcare.
$150,000 to $350,000: Boathouse Restaurant Inc., C E National Inc., Fly Fishing Inc., Lakeland Christian Academy Association, National Fellowship Brethren Retirement Homes Inc.
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