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 48757
| Name of Borrower | Current Approved Amount |
|---|---|
| Hausbeck Brothers, Inc. | $4,939,500 |
| Janson Equipment Company | $807,700 |
| Burt Watson Chevrolet Buick, LLC | $406,400 |
| Beyerlein Electric, Inc. | $234,700 |
| Bauer & Sons, Inc. | $178,815 |
| Trinity Lutheran Church & School | $172,105 |
| Greenia Custom Woodworking, Inc. | $151,300 |
| Jag Electric, L. C. | $106,750 |
| St. Elizabeth Parish | $100,275 |
| Charles Bender Agency, Inc. | $60,750 |
| Dunn Hardware & Supply, Inc. | $59,342 |
| Robert Buchinger Builders, LLC | $58,762 |
| Nick's Construction, LLC | $55,112 |
| Buchinger Roofing, Inc. | $52,400 |
| Technology Solutions Unlimited, Inc. | $49,873 |
| Hess Automotive, LLC | $45,809 |
| Ackerman Brothers Farms, LLC | $43,222 |
| Heindl Implement Sales, Inc. | $42,718 |
| Quality Roasting, LLC | $41,100 |
| Papios, Inc. | $40,000 |
| Zimmer & Associates, Inc. | $36,835 |
| WMW Bierlein Farms, Ltd. | $35,300 |
| Eighty-One, Inc. | $34,590 |
| MCH Enterprises, Inc. | $32,000 |
| Vaughn's Flying Service, Inc. | $27,300 |
| Swartz Sign & Graphics, Inc. | $25,560 |
| Robert W. Pike | $21,211 |
| Keith Durussel | $20,800 |
| Bender Concrete of Saginaw, Inc. | $20,272 |
| Bierlein Seed, Inc. | $19,375 |
| Dennis Ackerman, LLC | $18,100 |
| Reese Auto Supply, Inc. | $18,100 |
| Trombley Farms, Inc. | $16,905 |
| Reinbold Sales & Service, LLC | $16,800 |
| Bauer Farms, Inc. | $15,600 |
| Robert Buetow | $14,500 |
| Robert Stockmeyer | $14,500 |
| Paul Dost Farms, LLC | $13,832 |
| Verna Trombley | $12,500 |
| Laracha Farms, LLC | $11,845 |
| Caseville Hardware Store | $11,100 |
| Defrain Painting, LLC | $11,067 |
| Zwerk Farms, LLC | $8,750 |
| The Pheasant Pen, LLC | $6,700 |
| Panache Style, LLC | $6,340 |
| Donald Rau | $6,105 |
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