There were 21 PPP loans issued in Kansas during the week ending June 28. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
| Recipients | Date Received | Dollar Amount Received |
|---|---|---|
| Systemair Manufacturing | 2020-06-22 | $1-2 million |
| Eddys Insurance Group, LLC | 2020-06-22 | $350,000-1 million |
| J J Martiny Concrete Company, Inc. | 2020-06-22 | $150,000-350,000 |
| Jack Foster Company Erectors, Inc. | 2020-06-22 | $150,000-350,000 |
| O2 Corporation | 2020-06-22 | $150,000-350,000 |
| Paragon Geophysical Services, Inc. | 2020-06-23 | $1-2 million |
| Country Hill Motors, Inc. | 2020-06-24 | $350,000-1 million |
| MSB Global Resources Corporation | 2020-06-24 | $350,000-1 million |
| UMC Print, LLC | 2020-06-24 | $350,000-1 million |
| Stuart & Associates Commercial Flooring, Inc. | 2020-06-24 | $150,000-350,000 |
| Way & Sons Construction Company, Inc. | 2020-06-24 | $150,000-350,000 |
| Atlas Spring & Axle Company, Inc. | 2020-06-25 | $150,000-350,000 |
| Bone-in BBQ, LLC | 2020-06-25 | $150,000-350,000 |
| Momma's Mustard, Pickles & BBQ, LLC | 2020-06-25 | $150,000-350,000 |
| GHC Operations Holdings, LLC | 2020-06-26 | $2-5 million |
| Genesis Health Clubs of Midwest, LLC | 2020-06-26 | $1-2 million |
| Rice County Hospital District No. 2 | 2020-06-26 | $350,000-1 million |
| 715, LLC | 2020-06-26 | $150,000-350,000 |
| Bucklin Hospital District | 2020-06-26 | $150,000-350,000 |
| Steven Brothers Sports Management, LLC | 2020-06-26 | $150,000-350,000 |
| Steven Brothers Sports Management Tulsa, LLC | 2020-06-26 | $150,000-350,000 |
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