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 48759
| Name of Borrower | Current Approved Amount |
|---|---|
| Select Leasing, Inc. | $1,414,100 |
| Brent M Boyce PC, M.D. | $332,451 |
| Highland Dairy, LLC | $222,100 |
| Bayside Best Beans, LLC | $219,191 |
| Moore Shoreline Chevrolet Buick, Inc. | $215,113 |
| Nitz Valve Hardware, Inc. | $162,887 |
| Immanuel Lutheran Church of Sebewaing, Michigan | $155,547 |
| Luke's Super Market, Inc. | $154,285 |
| Dalton P Coe | $135,824 |
| Bay Shore Evangelical Camp of the United Methodist Church | $105,995 |
| Abadata Computer Corporation | $94,654 |
| Oak River Dairy, LLC | $90,400 |
| Boesch Builders, Inc. | $88,427 |
| Dennis a. Haist Agency, Inc. | $79,575 |
| Medallion Village, Ltd. | $59,942 |
| USA Early Child Care Center, Inc. | $58,377 |
| Schaper Farms, LLC | $53,867 |
| Dyer Plumbing, LLC | $49,038 |
| Laporte Insurance Agency, LLC | $47,407 |
| Kauffold Agency, Inc. | $46,201 |
| Kundinger Farms, Inc. | $44,900 |
| Bayside Livestock Company, LLC | $43,600 |
| Juengel & Mellendorf Funeral Home | $42,500 |
| Kundinger & Kroll, Inc. | $40,000 |
| L&L Enterprises of MI, LLC | $40,000 |
| Sebewaing Ace Hardware, LLC | $37,171 |
| Stacks Market, LLC | $29,458 |
| Adam Farms, LLC | $29,418 |
| KSMC, Inc. | $21,737 |
| Dons Body Shop | $21,723 |
| Baker and Company Enterprises, Inc. | $21,563 |
| Brian Brandenburg | $20,833 |
| David Lutz | $20,833 |
| Amanda Langmaid Agency, LLC | $16,517 |
| CB Gremel Farms, Inc. | $16,309 |
| Darwin Dean Sneller | $16,200 |
| Tom Haag, Inc. | $16,090 |
| J & L Farms, LLC | $15,945 |
| 3 Point Chiropractic Corporation | $14,958 |
| S K Gremel Farms, Inc. | $13,750 |
| Riskey Law, PLLC | $13,245 |
| Armbruster Agent Services, LLC | $13,150 |
| Trinity United Methodist Church of Sebewaing | $12,530 |
| Dean Kuhl | $11,541 |
| G4, LLC | $11,418 |
| Darrin Lutz Farms, Inc. | $9,704 |
| All-Bee of Sebewaing, Inc. | $9,043 |
| Nitzs Performance | $8,007 |
| Lupp Logistics, LLC | $7,698 |
| Debra a. & Timothy J. Kubacki | $6,665 |
| Stanley G. Gettel, Inc. | $6,562 |
| Jag Farms, Inc. | $5,250 |
| Adam Pork Powerhouses, LLC | $3,811 |
| Gremel Farms, Inc. | $3,001 |
| Dressler Cleaning Service, LLC | $2,377 |
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