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ZIP Code 45876: 32 PPP loans provided to small businesses in 2020

Innovation

There were 32 PPP loans provided to small businesses in 2020 in ZIP Code 45876, according to the US Small Business Administration.

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 45876

Name of BorrowerCurrent Approved Amount
Schnipke Engraving Company, Inc.$1,989,974
Miller Precision Manufacturing Industries, Inc.$1,006,078
Miller Contracting Group, Inc.$437,200
Buckeye Exterminating, Inc.$313,021
Lock Sixteen Catering, Inc.$262,600
Ottoville Hardware & Furniture Company$169,915
H & M Machine Company, Inc.$144,032
DR. Thomas H. Siefker, LLC D.D.S.$95,865
Kevin S Schimmoeller Trucking, Inc.$75,340
M & W Trailers, Inc.$70,187
Kyle Bendele, LLC$67,967
A + D Beining Enterprises, Inc.$65,005
Creative Edge Cabinets and Woodworking, LLC$55,600
Odenweller Milling Company, Inc.$50,590
Geise Transmission, Inc.$48,074
J. L. Wannemacher Sales & Service, Inc.$46,262
Kyle Bendele$41,837
Pharmacon, LLC$38,134
Ray Wannemacher Construction, Inc.$33,300
Hilvers-Kehres, LLC$30,035
Black Angus on Main Bar & Grille, LLC$26,700
Ottoville Lumber Company, Inc.$25,227
Millerco Enterprises, Inc.$23,548
Theresa C. Von Sossan$20,800
Microtronix Esolutions, LLC$15,719
National Food Service & Vending, Inc.$11,500
Heather Hamilton$10,830
Mark's Auto Body, LLC$10,624
419 Financial Group$6,250
Wannemacher Tavern, LLC$5,230
Julia Langhals$3,750
Lasting Memories Wedding and Special Event Videography, LLC$2,347

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