The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could 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.
PPP loans distributed in 2020 in ZIP Code 48755
| Name of Borrower | Current Approved Amount |
|---|---|
| Scheurer Healthcare Network | $5,467,972 |
| Cooperative Elevator Company | $2,306,051 |
| Active Feed Company | $618,116 |
| Buccholz Transport, Inc. | $606,486 |
| The L. J. Gascho Furniture Company | $506,875 |
| Nietzke & Faupel, PC | $369,200 |
| Roundtree Dairy, LLC | $234,000 |
| ESCH Landscaping, LLC | $218,442 |
| Drive Capital, LLC | $198,857 |
| Osentoski Equipment | $191,000 |
| Berne Enterprises, Inc. | $151,144 |
| ETL Farms, Inc. | $138,430 |
| Mccormick Motors | $107,700 |
| Seasons Change Home Health Care, Inc. | $103,810 |
| Truemner Enterprises, Inc. | $94,400 |
| Winsor Clinic, P.C. | $93,080 |
| Shetler Plumbing & Heating, Inc. | $84,121 |
| A Change of Seasons Home Health Care, LLC | $80,754 |
| Walsh Packing Company | $76,057 |
| S & I, Inc. | $74,200 |
| JADE | $69,222 |
| Rose Gardan Incorporated | $69,000 |
| Allied Farm Enterprises, LLC | $66,400 |
| Cross Evangelical Lutheran Church of Pigeon, Huron County, M | $62,550 |
| Margaret Bartmess | $59,400 |
| J & B Plumbing & Heating, Inc. | $56,578 |
| Bluewater Thumb Youth for Christ | $50,694 |
| Hib, Inc. | $49,729 |
| Scenic Golf & Country Club, Inc. | $49,607 |
| L&T Ziel Farms, LLC | $48,600 |
| Stephen Mancuso, P. L. L. C., D.D.S. | $40,403 |
| JLH Construction Company, Inc. | $39,474 |
| Collins Associated Builders, Inc. | $38,710 |
| Braun Builders, LLC | $34,268 |
| Vollmer Ready-Mix, Inc. | $32,690 |
| Hagle & Associates, Inc. | $31,131 |
| Krzeszewski and Sons Masonry, LLC | $30,291 |
| Trost Farms, Inc. | $28,000 |
| The River's Edge Church | $27,750 |
| Key North Mini Golf & Family Fun Center, LLC | $27,552 |
| Greenfield Farm, Inc. | $25,420 |
| Herzog Construction, LLC | $24,212 |
| Lee E. Steinman Agencies, Inc. | $24,122 |
| Bay Area Management Services, LLC | $23,170 |
| Smith Family Farms | $22,013 |
| Pigeon Hardware, Inc. | $21,718 |
| St. Paul's Evangelical Lutheran Church of Linkville, Michiga | $21,558 |
| Chase Voelker | $20,833 |
| Jeffrey L. Crowley | $20,200 |
| Simmons and Sons Service, LLC | $18,120 |
| Salem United Methodist Church of Pigeon, Michigan | $17,969 |
| Ross E. Voelker | $14,063 |
| R U Red E Ministries, Inc. | $12,853 |
| AMY'S | $12,573 |
| A Change of Seasons Hospice, Inc. | $12,348 |
| Willow Lane Farms, Inc. | $12,200 |
| First United Methodist Church of Pigeon, Mich. | $11,557 |
| Team F. S. U. Trucking | $11,400 |
| Village Barber | $9,539 |
| Khan Brothers, Inc. | $8,650 |
| William Weitzel Sole Prop | $7,700 |
| Gann, Inc. | $5,710 |
| Haist Flowers | $5,400 |
| James W. Sluder | $5,110 |
| F. A. Enterprises, Inc., S.A. | $5,000 |
| Buschlen Transport, LLC | $4,810 |
| Beadle Bay, LLC | $2,895 |
| Xcetera Salon | $1,710 |
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