NEBRASKA IS ONE OF BIGGEST RECIPIENTS OF THIS FEDERAL LOAN PROGRAM. BUT WHO’S GETTING THE MONEY?

OMAHA - The Paycheck Protection Program enacted by Congress has been a lifesaver for thousands of small businesses slammed economically by COVID-19.

But in Nebraska, some of the biggest beneficiaries of the forgivable loan program aren’t traditional small businesses at all.

Corn growers, cattle ranchers and churches have received the largest number of loans. And the largest single recipient appears to be the business arm of the Winnebago Tribe, which received more than $14 million in loans aiding a conglomeration of small companies it operates out of the tribe’s northeast Nebraska reservation.

The restaurant industry also benefited significantly, with almost 1,000 such businesses receiving loans to help them retain almost 27,000 workers. Big-dollar loans also went to large medical centers and other health care offices, law firms, farm cooperatives, some of the state’s fastest-growing startup firms and a pair of fast-food chain operators.

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