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 81427
| Name of Borrower | Current Approved Amount |
|---|---|
| Ouray Silver Mines, Inc. | $421,000 |
| Ouray Brewery, LLP | $219,998 |
| Alpenglow Properties Ouray, Inc. | $217,598 |
| Brickhouse 737, LLC | $131,000 |
| Red Mountain Brewing, LLC | $122,100 |
| For the Love of Food, LLC | $107,268 |
| Outlaw Tradition | $104,400 |
| San Juan Mountain Guides, LLC | $96,652 |
| KR, LLC | $94,600 |
| Mouse's Chocolates | $88,900 |
| Colorado Boy South, Inc. | $87,800 |
| Clark and Haglund, LLC | $87,000 |
| Wiesbaden Spa and Lodging, Inc. | $77,700 |
| Fulltilt Saloon, LLC | $73,133 |
| Ouray Mountain Sports, Inc. | $56,200 |
| Ducketts Agent Market, Inc. | $51,700 |
| Hockersmith & Whitmore, LLC | $51,400 |
| Matterhorn INN Ouray, LLC | $48,000 |
| Beaymont Hospitality, LLC | $46,684 |
| L & S, Inc. | $46,200 |
| Ouray Riverside INN, LLC | $38,600 |
| James E Link II, PC | $37,600 |
| Hotel Ouray | $37,328 |
| Skol Studio and Design, Inc. | $36,898 |
| Thai Chili Ouray, LLC | $35,000 |
| GFY, Inc. | $32,700 |
| Sleeping Dogs, Inc. | $32,500 |
| Mountain Fever, Inc. | $31,000 |
| JTP Incorporated | $29,886 |
| Shane Scribner | $28,350 |
| Ouray Wing Company | $27,040 |
| Kido Enterprises, LLC | $23,654 |
| 1776 Contractors, Inc. | $22,000 |
| Hammock Bound, LLC | $19,700 |
| Ouray Ice Park, Inc. | $19,300 |
| Rocky Mountain Resorts, LLC | $17,700 |
| Tojam, LLC | $16,200 |
| St. Elmo, LLC | $16,100 |
| St. Johns Episcopal Church | $16,100 |
| Goods Hospitality Group, LLC | $15,800 |
| Lake Cabin, LLC | $15,570 |
| Colorado West Jeep Rentals | $15,500 |
| Camp-Bell's Cajun Cuisine | $13,444 |
| Silver Lynx, Ltd. | $13,300 |
| Elevate Wellness Spa | $12,500 |
| Senter Lane Inspections, LLC | $11,400 |
| Macarthur Apartments, LLC | $10,065 |
| Ouray Emporium | $10,000 |
| The Blue Pear, LLC | $9,900 |
| Ouray County Historical Society, Inc. | $9,893 |
| RWC, Inc. | $9,453 |
| Friends of the Wright Opera House, Inc. | $9,168 |
| Fairchild Legacy, LLC | $8,769 |
| Mountain Adventure Retreats, LLC | $8,700 |
| Tabj Companies, LLC | $7,740 |
| Mojos Coffee | $7,510 |
| Breakfast on Main | $6,283 |
| The Sock Mine, LLC | $6,250 |
| Ouray Dog Company | $6,200 |
| Pei ELL, Inc. | $6,200 |
| Gretchen McArthur | $6,068 |
| Alpine Scenic Tours, LLC | $5,600 |
| Canyoning Colorado, LLC | $5,000 |
| Ouray Bookshop, LLC | $4,207 |
| Ouray Glassworks and Pottery, LLC | $4,000 |
| Elevation Weddings and Events | $3,853 |
| Mary Emily Doone | $3,536 |
| Speedy's Concrete, LLC | $3,525 |
| High Country Leathers | $3,100 |
| Western Slope Business Solutions, LLC | $3,100 |
| Peak Wellness Consulting, LLC | $3,005 |
| San Juan Craftsmen | $2,918 |
| Arrowbear, Inc. | $2,000 |
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