The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
| Name of Borrower | Current Approved Amount |
|---|---|
| Marlette Regional Hospital | $3,545,013 |
| Oetiker, Inc. | $2,358,602 |
| Greendale Holdings, Ltd. | $601,512 |
| Green Point Dairy, LLC | $505,000 |
| Mog Staffing, LLC | $468,821 |
| Sanilac Steel, Inc. | $406,250 |
| Dave Hall, Inc. | $403,987 |
| Ben's Supercenter Marlette, LLC | $331,100 |
| Marine Industries | $252,788 |
| DGP, Inc. | $227,790 |
| Ben's Supercenter Marlette South, LLC | $202,578 |
| R. C. A. Trucking, LLC | $179,070 |
| MVP Disk Sports | $176,325 |
| Trinity Turf Nursery, Inc. | $164,332 |
| Men of Steel, Inc. | $148,865 |
| Williams & Associates, Inc. | $137,263 |
| P & T Leasing Company | $129,470 |
| Marlette Roofing & Sheet Metal Company | $127,245 |
| Bockstanz Enterprises, Inc. | $119,810 |
| Donald Adamczyk | $97,538 |
| Nitin K. G. Golechha, P. C., M.D. | $92,000 |
| Keys Construction, Inc. | $87,000 |
| Allan K Shaw, Inc. | $84,482 |
| S & W Huggett Holdings, Inc. | $82,462 |
| Marsh Funeral Chapel, Inc. | $79,435 |
| Sinh T Ta, D.D.S. | $65,332 |
| Huggett Sod Farm, Inc. | $62,500 |
| Dale Stamp Farms | $55,900 |
| Scott's Quik Stop, LLC | $55,483 |
| Brad Reck PC, D.D.S. | $53,602 |
| Steve Ellis Agency, Inc. | $48,000 |
| Ken Miller Farms | $46,564 |
| R. A. Lupa & Son's Repair, Inc. | $44,223 |
| D & P Diry, LLC | $42,700 |
| DR Farms | $41,668 |
| Muxlow Surveying Services, LLC | $38,187 |
| Donley EXC., LLC | $35,858 |
| Muxlow Stock Farms, Inc. | $35,727 |
| Tracy's Incorporated | $35,544 |
| Kraft Automotive | $35,180 |
| Our Savior Lutheran | $32,750 |
| Bednaryczk Farms, LLC | $31,302 |
| Cumper Dairy Farm | $30,769 |
| Carl Hudson Trucking, LLC | $30,529 |
| C & H Heussner Farms, LLC | $29,346 |
| Mcclelland Chiropractic | $28,523 |
| Nicol Motor Sales | $28,515 |
| Alex 2014 Enterprises, LLC | $26,100 |
| Filhart Operations, LLC | $25,636 |
| Lehn L. King CPA, LLC | $23,938 |
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