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 81428
| Name of Borrower | Current Approved Amount |
|---|---|
| Meadowbrook BLVD Operations, LLC | $449,766 |
| High Country News | $335,500 |
| Solar Energy International, Inc. | $268,900 |
| Sei Engineering, LLC | $90,000 |
| Medrano Holdings, LLC | $81,085 |
| Dependable Lumber, Inc. | $80,000 |
| Don's Supermarket, Inc. | $73,600 |
| Roberts Enterprises, Inc. | $63,142 |
| Luna Law, LLC | $59,995 |
| First Fruits Organic Farms, Inc. | $59,148 |
| North Fork Valley Public Radio, Inc. | $52,360 |
| Lands END Sculpture Center, Inc. | $50,387 |
| West ELK Real Estate, Inc. | $43,138 |
| Stacey E. Laiminger, PLLC D.D.S. | $43,063 |
| Wilmore and Company Professional Land Surveying, Inc. | $42,500 |
| Electric Mountain Lodge, LLC | $41,232 |
| VM & ML, LLC | $40,764 |
| Mountain Oven, LLC | $31,120 |
| Farnsworth Construction and Gravel Company | $30,810 |
| Fire Mountain Properties, LLC | $28,419 |
| Odisea, LLC | $27,600 |
| Essential Services | $25,000 |
| Nfria-Wserc Conservation Center, Inc. | $22,831 |
| One Thirty Three, LLC | $22,800 |
| Pitkin Mesa Gardens, LLC | $22,753 |
| Curiel, LLC | $19,533 |
| Zephyros Farm and Garden, LLC | $19,247 |
| Climbing Vine Forge, Inc. | $18,448 |
| Calla B. Ostrander | $18,062 |
| Society of Friends Church of Paonia, Colorado | $17,882 |
| Berg Harvest, LLC | $17,743 |
| The Living Farm Cafe | $17,500 |
| Clary, Inc. | $17,355 |
| Mountain Freshies, LLC | $15,800 |
| Friends of the Paradise Theatre | $15,500 |
| Ogrodny, Inc. | $14,966 |
| Meyghan Hill | $14,857 |
| Law & Equity, Ltd. | $14,577 |
| West ELK Land & Hops, LLC | $14,352 |
| Akomplice, LLC | $14,300 |
| Richard Jeffrey, LLC | $14,100 |
| Black Bridge Winery, LLC | $13,767 |
| Lasting Impressions | $13,178 |
| Edfoodyo, LLC | $12,630 |
| Paul Koppana | $12,200 |
| Paonia Liquors, LLC | $11,545 |
| The Experiential Healing Institute, LLC | $10,765 |
| Mountain West Strategies, Ltd. | $10,125 |
| Blue Sage Center for the ARTS | $10,000 |
| Root and Vine Market, LLC | $10,000 |
| Commercial Cleaning Services, LLC | $9,975 |
| Top Notch Moving and Cleaning, LLC | $9,920 |
| Opti-Bike, LLC | $8,838 |
| Aspen Yoga, Inc. | $8,780 |
| Rocky Mountain INN, LLC | $8,598 |
| Soltree, LLC | $8,500 |
| Dana Stovern, LLC | $8,130 |
| Brilliant Smiles Dental Hygiene | $8,063 |
| Elisabethan, LLC | $7,800 |
| 2 Sense Social | $6,550 |
| Luna Organics, LLC | $6,250 |
| Ormon Enterprises, Inc. | $5,791 |
| Pickin Productions | $5,300 |
| Yoka Design, LLC | $5,281 |
| Erin K. Hilleary | $5,120 |
| Troy Shenk | $4,860 |
| Embrossed, LLC | $4,700 |
| Double Shot Productions | $4,558 |
| Delta County Citizens for Animal Welfare and Shelter | $4,050 |
| Stone Cottage Cellars, Inc. | $3,894 |
| The Coyote School | $3,840 |
| Stephenson Design Group | $3,790 |
| Blue Peony | $3,319 |
| Pam Petersen Hearing Services, LLC | $2,500 |
| The Crystal River Valley Nonprofit Food Company-Op | $2,246 |
| DBA Baxter Painting, LLC | $1,983 |
| DBT Music Therapy, LLC | $1,817 |
| Andrea Lecos | $1,810 |
| Seven Trees | $1,293 |
Alerts Sign-up