Loans of $25,000 were provided to 89 businesses.
The largest loan underneath the $25,000 threshold was $25,000, given to Juniper Cooper & Associates.
The average loan amount provided to Idaho small businesses was $64,210.
One of the biggest drivers causing inflation, which is currently decimating the U.S. economy, is loans. With more money available to residents through the PPP, the purchasing power of that money is diminished, meaning it takes more money to buy the same amount of goods as before.
Economist Mickey D. Levy argued the PPP and many other assistance programs offered during the COVID-19 pandemic sparked the inflation seen in recent months by boosting the economy beyond what it could reasonably handle.
Roughly $800 billion was injected into the U.S. economy while interest rates were low, causing people to overextend themselves at the time to land in trouble in the future, he claimed.
A 2022 study found that the PPP spent between $169,000 and $258,000 to protect one job. With the average salary of a small-business worker being around $58,000, the study found the program overspent by roughly 75 percent.
| Borrower Name | Loan Amount | Difference From Average Loan Amount in ID |
|---|---|---|
| Juniper Cooper & Associates | $25,000 | -$39,210 |
| Two Little Rainbow Daycare | $25,000 | -$39,210 |
| Fit Donut, LLC | $25,000 | -$39,210 |
| Severance Sand & Gravel, Inc. | $25,000 | -$39,210 |
| Pinshon Properties, LLC | $25,000 | -$39,210 |
| SRM ARMS, Inc. | $25,000 | -$39,210 |
| Liberty Motors, LLC | $25,000 | -$39,210 |
| Liberty Motors, LLC | $25,000 | -$39,210 |
| Liberty Motors, LLC | $25,000 | -$39,210 |
| Advanced Scoreboards, LLC | $25,000 | -$39,210 |
| Gould Farms | $25,000 | -$39,210 |
| Rocky Mountain Cheese, Inc. | $25,000 | -$39,210 |
| Dong Khanh, LLC | $25,000 | -$39,210 |
| Small World Early Learning Center | $25,000 | -$39,210 |
| Stylish Homes, LLC | $25,000 | -$39,210 |
| Lunchboxwax | $25,000 | -$39,210 |
| Devil Creek Ranch, Inc. | $25,000 | -$39,210 |
| Big Red's Barn, LLC | $25,000 | -$39,210 |
| RCA Building, Inc. | $25,000 | -$39,210 |
| Living Waters, LLC | $25,000 | -$39,210 |
| Living Waters, LLC | $25,000 | -$39,210 |
| Living Waters, LLC | $25,000 | -$39,210 |
| Crew Innovations, LLC | $25,000 | -$39,210 |
| Speech Therapy Services, LLC | $25,000 | -$39,210 |
| Speech Therapy Services, LLC | $25,000 | -$39,210 |
| Gfeller Casemakers, Inc. | $25,000 | -$39,210 |
| Middleton Fitness Center, LLC | $25,000 | -$39,210 |
| Collins Connection, LLC | $25,000 | -$39,210 |
| Jones Brothers Drywall | $25,000 | -$39,210 |
| Egusquiza Law Office, CHTD | $25,000 | -$39,210 |
| Clark Ranch, LLC | $25,000 | -$39,210 |
| Sound Financial Solutions, LLC | $25,000 | -$39,210 |
| Kertesz Landscape, LLC | $25,000 | -$39,210 |
| Pendlebury Law Office PA | $25,000 | -$39,210 |
| Textual.com, Inc. | $25,000 | -$39,210 |
| Globex Transport, Inc. | $25,000 | -$39,210 |
| Optimal Chiropractic, PC | $25,000 | -$39,210 |
| Airworthy Parts International, Inc. | $25,000 | -$39,210 |
| LDE Electric, Inc. | $25,000 | -$39,210 |
| WP PLLC D.M.D. | $25,000 | -$39,210 |
| Bird and Company | $25,000 | -$39,210 |
| Optimal Chiropractic, PC | $25,000 | -$39,210 |
| Centennial Grain, LLC | $25,000 | -$39,210 |
| Kingdom Nutrition, LLC | $25,000 | -$39,210 |
| Mcrae, LLC | $25,000 | -$39,210 |
| Mcrae, LLC | $25,000 | -$39,210 |
| KJ Lawn Maintenance and Spraying, LLC | $25,000 | -$39,210 |
| Open to Close, Inc. | $25,000 | -$39,210 |
| Madison Clinic Optometry, PC | $25,000 | -$39,210 |
| Short Green, LLC | $25,000 | -$39,210 |
| Oquiststamps, LLC | $25,000 | -$39,210 |
| Prominent Homes, LLC | $25,000 | -$39,210 |
| RK Tek Incorporated | $25,000 | -$39,210 |
| Primus Policy Group, LLC | $25,000 | -$39,210 |
| Herndon Anesthesia, LLC | $25,000 | -$39,210 |
| Cher Jacobsen PLLC M.D. | $25,000 | -$39,210 |
| Promax Mechanical, LLC | $25,000 | -$39,210 |
| Tier 2 Enterprises, PLLC | $25,000 | -$39,210 |
| Judy & Jay, LLC | $25,000 | -$39,210 |
| Franklin Hospitality Group, LLC | $25,000 | -$39,210 |
| Journey Counseling of Coeur D Alene, LLC | $25,000 | -$39,210 |
| The Systems Group, LLC | $25,000 | -$39,210 |
| Sunrise Development, LLC | $25,000 | -$39,210 |
| Teton Water Works, LLC | $25,000 | -$39,210 |
| Janna Scharf Realty, Inc. | $25,000 | -$39,210 |
| The Robert Moore Corporation | $25,000 | -$39,210 |
| Devil Creek Ranch, Inc. | $25,000 | -$39,210 |
| MS Betty's Cleaning Service, LLC | $25,000 | -$39,210 |
| Tyler Bair Construction, Inc. | $25,000 | -$39,210 |
| Community Congressional Church of Mccall, CORP | $25,000 | -$39,210 |
| T&S Food Enterprises | $25,000 | -$39,210 |
| Moeller Real Estate Investments, LLC | $25,000 | -$39,210 |
| Chapala Mexican Restaurant #6, Inc. | $25,000 | -$39,210 |
| Rnba, LLC | $25,000 | -$39,210 |
| Spirit Lake Resort, LLC | $25,000 | -$39,210 |
| Animal Oasis, Inc. | $25,000 | -$39,210 |
| LDE Electric, Inc. | $25,000 | -$39,210 |
| Big Reds Barn, LLC | $25,000 | -$39,210 |
| Chatwin Financial Consulting Services, LLC | $25,000 | -$39,210 |
| Gem State Shelter Homes, LLC | $25,000 | -$39,210 |
| Video Mexico of Burley, LLC | $25,000 | -$39,210 |
| Tamfarms | $25,000 | -$39,210 |
| Cam, CORP | $25,000 | -$39,210 |
| Boise Collision Center, Inc. | $25,000 | -$39,210 |
| Airworthy Parts International, Inc. | $25,000 | -$39,210 |
| Silver Nicolls, Inc. | $24,990 | -$39,220 |
| Mongolian Bistro, LLC | $24,990 | -$39,220 |
| DR. David Wilkes, D.D.S. | $24,986 | -$39,223 |
| Smart Start Preschool, Inc. | $24,980 | -$39,230 |
| Mr Partners, LLC | $24,977 | -$39,233 |
| Big Belly Deli, LLC | $24,976 | -$39,234 |
| A&a Stump Removal and Shrub Care | $24,974 | -$39,236 |
| Mr. Steam, LLC | $24,955 | -$39,255 |
| Tara's Dream Kitchens | $24,952 | -$39,258 |
| My House Furnishings, Inc. | $24,949 | -$39,261 |
| On the Ball Homes | $24,947 | -$39,263 |
| Standing 16 Ranch Dairy, LLC | $24,945 | -$39,265 |
| Valley Golf & Outdoor, LLC | $24,935 | -$39,275 |
| Hillbilly Bar & Grill, LLC | $24,917 | -$39,293 |
| Vistec, LLC | $24,913 | -$39,297 |
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