Loans of $25,000 were provided to 52 businesses.
The largest loan underneath the $25,000 threshold was $25,000, given to Andrew K Varley CPA, PC.
The average loan amount provided to Wyoming small businesses was $62,961.
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 WY |
|---|---|---|
| Andrew K Varley CPA, PC | $25,000 | -$37,961 |
| Dayton Deals, LLC | $25,000 | -$37,961 |
| Api Pro | $25,000 | -$37,961 |
| Sheridan Longarm, LLC | $25,000 | -$37,961 |
| Psyko Kustomz | $25,000 | -$37,961 |
| Dio, LLC | $25,000 | -$37,961 |
| Team Wyocity, Inc. | $25,000 | -$37,961 |
| Koko Leyte, LLC | $25,000 | -$37,961 |
| Koko Leyte, LLC | $25,000 | -$37,961 |
| Squirreley's Auto, LLC | $25,000 | -$37,961 |
| Target Testing, Inc. | $25,000 | -$37,961 |
| Wild West Trucking., LLC | $25,000 | -$37,961 |
| Rose City Consulting, Inc. | $25,000 | -$37,961 |
| Rifle Creek Hydrology | $25,000 | -$37,961 |
| LCM Leasing, Inc. | $25,000 | -$37,961 |
| Funding the Future | $25,000 | -$37,961 |
| Schmidt's Custom Framing | $25,000 | -$37,961 |
| High Country Oilfield Service, Inc. | $25,000 | -$37,961 |
| Overbrook Anesthesia | $25,000 | -$37,961 |
| Sheridan Longarm, LLC | $25,000 | -$37,961 |
| Larry D Atkin PC, D.D.S. | $25,000 | -$37,961 |
| Team Wyocity, Inc. | $25,000 | -$37,961 |
| DS Services, LLC | $25,000 | -$37,961 |
| DS Services, LLC | $25,000 | -$37,961 |
| PT Bar Insurance, LLC | $25,000 | -$37,961 |
| Pat's Autobody Shop | $25,000 | -$37,961 |
| Inzone 307 Consulting, LLC | $25,000 | -$37,961 |
| Central Wyoming Construction | $25,000 | -$37,961 |
| Presbytery of Wyoming | $25,000 | -$37,961 |
| 360 Splicing, LLC | $25,000 | -$37,961 |
| Restway Travel Park | $25,000 | -$37,961 |
| Jh2o Water Conditioning and Filtration | $25,000 | -$37,961 |
| A & C Sheet Metal | $25,000 | -$37,961 |
| Peak Properties, LLC | $25,000 | -$37,961 |
| Peak Properties, LLC | $25,000 | -$37,961 |
| Teton Contracting Services, Inc. | $25,000 | -$37,961 |
| Wyoming Sauce Company, LLC | $25,000 | -$37,961 |
| Samelson Painting, Inc. | $25,000 | -$37,961 |
| GT Productions, LLC | $25,000 | -$37,961 |
| Cundy. Biz | $25,000 | -$37,961 |
| LCM Leasing, Inc. | $25,000 | -$37,961 |
| Nar Narayan, LLC | $25,000 | -$37,961 |
| Funding the Future | $25,000 | -$37,961 |
| S&R Mountain States Oilfield Services | $25,000 | -$37,961 |
| Lander Llama Company | $25,000 | -$37,961 |
| Essential Services, Pump-It Septic Services, Inc. | $25,000 | -$37,961 |
| Mountain Motor Supply, LLC | $25,000 | -$37,961 |
| Kacoa Hospitality, Inc. | $25,000 | -$37,961 |
| Pavey Property Services, Inc. | $25,000 | -$37,961 |
| Lockhart Cattle Company, LLC | $25,000 | -$37,961 |
| 307 Home Care, Inc. | $25,000 | -$37,961 |
| Ring Lake Ranch | $25,000 | -$37,961 |
| The Fish Bowl, LLC | $24,995 | -$37,966 |
| RM Construction | $24,995 | -$37,966 |
| Blue Bull, Inc. | $24,968 | -$37,993 |
| Artistry in Motion, Inc. | $24,957 | -$38,004 |
| Table Mountain, LLC | $24,946 | -$38,015 |
| Table Mountain, LLC | $24,946 | -$38,015 |
| Park County Arena Board | $24,922 | -$38,039 |
| Park County Arena Board | $24,922 | -$38,039 |
| Colt Furs, LLC | $24,916 | -$38,045 |
| MJ Drilling | $24,915 | -$38,046 |
| Drift, LLC | $24,911 | -$38,050 |
| Wagon Wheel Cafe, LLC | $24,909 | -$38,052 |
| Plumbers & Pipefitters Local 192 Apprenticeship Education | $24,908 | -$38,054 |
| Plumbers and Pipefitters Local 192 Apprenticeship Education | $24,907 | -$38,054 |
| Schurg Financial Services, LLC | $24,905 | -$38,056 |
| Lily and Company, LLC | $24,905 | -$38,056 |
| Beggar, LLC | $24,900 | -$38,061 |
| Fullerton Industries, Inc. | $24,900 | -$38,061 |
| The Greens, Inc. | $24,900 | -$38,061 |
| Beggar, LLC | $24,900 | -$38,061 |
| Heart Spear, Inc. | $24,900 | -$38,061 |
| One Stop Safety Solutions, LLC | $24,890 | -$38,071 |
| Stephen N. Sherard, PC | $24,888 | -$38,074 |
| Slow and Steady Law Office, PLLC | $24,866 | -$38,095 |
| WW Fencing, LLC | $24,865 | -$38,096 |
| Sidney Sun-Telegraph, Inc. | $24,861 | -$38,100 |
| Asset Servicing Company, Inc. | $24,852 | -$38,109 |
| Peak Rescue, LLC | $24,847 | -$38,114 |
| Lisa M Anderson PC, D.D.S. | $24,844 | -$38,117 |
| Big M, Inc. | $24,838 | -$38,123 |
| Sunshine Real Properties, LLC | $24,826 | -$38,135 |
| Urban Concrete, LLC | $24,820 | -$38,141 |
| Leaps and Bounds Learning | $24,815 | -$38,146 |
| Mcpeak Ventures, Inc. | $24,809 | -$38,153 |
| Horizon Fine ARTS, LLC | $24,800 | -$38,161 |
| Legacy Steel, LLC | $24,800 | -$38,161 |
| A-Team Resources, Inc. | $24,800 | -$38,161 |
| Flying Triangle Ranch, LLC | $24,800 | -$38,161 |
| A-Team Resources, Inc. | $24,800 | -$38,161 |
| Slow and Steady Law Office, PLLC | $24,800 | -$38,161 |
| Sunshine Real Properties, LLC | $24,800 | -$38,161 |
| Clear Creek Counseling, LLC | $24,800 | -$38,161 |
| Roetech of Sheridan, Inc. | $24,800 | -$38,161 |
| Great Scott Construction | $24,800 | -$38,161 |
| Z Homes & Properties, LLC | $24,800 | -$38,161 |
| Propulsion Anesthesiology, LLC | $24,795 | -$38,166 |
| 3sixty Management, LLC | $24,790 | -$38,171 |
| Killebrew Ranches, Inc. | $24,790 | -$38,171 |
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