The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Top 100 largest PPP loans in 2021 in ZIP Code 59601
| Name of Borrower | Current Approved Amount |
|---|---|
| Cal Construction Company | $964,500 |
| The Third Element, Inc. | $796,539 |
| Brady Company, Inc. | $633,158 |
| Associated Dermatology and Skin Cancer Clinic of Helena, P.C. | $622,168 |
| Capital Brewhouse, Inc. | $472,097 |
| North Town, Ltd. | $438,460 |
| Helena Surgicenter, LLC | $377,907 |
| Olympus Technical Services, Inc. | $344,768 |
| Vincelli Cafes, Inc. | $342,806 |
| Schmechel Helena, LLC | $316,200 |
| Hotel, Inc. | $309,827 |
| Jackson Murdo & Grant, P.C. | $286,785 |
| Shellies Country Cafe, Inc. | $275,800 |
| Montana Hospital Association | $269,987 |
| Rocky Restaurants, Inc. | $261,265 |
| The Montana Land Reliance | $260,997 |
| Helena Pediatric Clinic, PC | $256,778 |
| Montana Hydraulics, LLC | $235,768 |
| Helena Cakes, LLC | $226,380 |
| Westech Environmental Services, Inc. | $225,654 |
| Mcdantim, Inc. | $221,974 |
| D & E Investments, LLC | $186,910 |
| Hydrosolutions, Inc. | $185,780 |
| Bird Dog Bakers, Inc. | $177,778 |
| Capital City Dentistry, PLLC | $167,740 |
| Jorgensons Properties, LLC | $164,805 |
| Last Chance Casino, Inc. | $164,108 |
| Blackfoot River Brewing Company | $163,261 |
| Associated Dental Care of Helena, PLLC | $158,080 |
| Harrington Physical Therapy | $155,888 |
| Marlow Entertainment, Inc. | $152,952 |
| Helena Hospitality, LLC | $152,211 |
| Mediterranean Enterprises, Inc. | $150,526 |
| CT & E, LLC | $146,393 |
| All Season Heating & Air Conditioning, LLC | $145,692 |
| Indian Law Resource Center, Inc. | $140,682 |
| Bloom Montessori School | $137,242 |
| Scott R Pargot Do, Inc. | $136,942 |
| Staggering Ox, Inc. | $136,860 |
| Young Men's Christian Association of Helena Montana | $134,660 |
| B. E. M. S. Restaurant, Inc. | $134,100 |
| Helena Dermatology-Laser Clinic, PC | $130,144 |
| Wall Mclean & Gallagher, PLLC | $128,617 |
| The Drake Law Firm, P.C. | $126,257 |
| Montana Medical Association | $125,683 |
| C & L Hernandez, Inc. | $124,334 |
| Montana Surgery Center, LLC | $124,300 |
| The Montana Human Rights Network, Inc. | $124,263 |
| Arco Builders, Inc. | $119,692 |
| Vuldor, LLP | $119,414 |
| Helena Family Dentistry, PLLC | $119,310 |
| Helena Orthodontics, PLLC | $117,877 |
| Meas and Sealey Dentistry Partnership | $115,768 |
| Original Montana Club Cooperative Association | $114,180 |
| Fischer Physical Therapy, P.C. | $112,210 |
| Lewis & Clark Tap Room, LLC | $112,150 |
| Radio Rancho, LLC | $112,010 |
| Ascension Electric Corporation | $111,540 |
| Broadwater Productions, Inc. | $110,826 |
| B D R, Inc. | $110,215 |
| DC Simkins, Inc. | $110,090 |
| Helena Eye Clinic, P.C. | $108,253 |
| Roberts Wine, LLC | $105,373 |
| Western Gold, LLC | $103,700 |
| Pierce Summit Collision Center, Inc. | $101,885 |
| Coldwater Engineering Professional Corporation | $100,814 |
| Wassweiler INN and Bath House | $100,321 |
| Helena Area Habitat for Humanity | $98,292 |
| Davide Giuliani, LLC | $94,692 |
| Pimentel Vineyard Management, Inc. | $93,830 |
| Running With Knives, LLC | $89,782 |
| Montana Roots Dental Care, PLLC | $89,100 |
| Sieben Live Stock Company | $86,821 |
| The Ywca of Helena | $85,274 |
| Helena Hotel Investors, LLC | $85,089 |
| Grizzly Diesel Repair, Inc. | $84,538 |
| Potluck Restaurant Group, LLC | $84,298 |
| Montana Wildlife Federation | $84,117 |
| Michael Dowling | $83,895 |
| Chili Kabob, Inc. | $83,860 |
| Prickly Pear Land Trust, Inc. | $82,860 |
| Hunt & Fox PLLP | $81,483 |
| GNC, Inc. | $80,922 |
| Warlen, Ltd. | $80,500 |
| Deuces, LLC | $80,132 |
| 3r's Preschool and Daycare, LLC | $79,465 |
| Health and Medical Solutions, LLC | $75,085 |
| Explorationworks, Inc. | $74,298 |
| Bulkley Electric, Inc. | $72,486 |
| Morrison Law Firm, PLLC | $71,839 |
| Garrett Textile Services | $70,700 |
| Montana Chamber of Commerce | $70,120 |
| Queen City Dental Studio, LLC | $69,737 |
| Helena Area Chamber of Commerce | $68,425 |
| Elkhorn Foot and Ankle Clinic, PLLC | $65,422 |
| Ten Mile Creek Brewery, LLC | $64,551 |
| Caldwell Family Dental, PC | $63,000 |
| Parrot Montana, Inc. | $62,492 |
| Martin K Coonen PC, D.D.S. | $62,270 |
| Western Staff Services of Helena, Inc. | $61,957 |
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