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PPP loans: 33 loans in 2020 in ZIP Code 48767

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There were 33 PPP loans provided to small businesses in 2020 in ZIP Code 48767, according to the US Small Business Administration.

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 48767

Name of BorrowerCurrent Approved Amount
Bay Shore Farms$108,500
St. Paul Lutheran Church of Unionville$69,374
Lakke Ewald Farms, Inc.$68,800
Edwald Farms, Inc.$55,680
Barry Sting$55,100
Wark Trucking, LLC$50,900
Balzer Kroswek Schmidt Insurance Agency, Inc.$40,826
Becker Farms, LLC$37,579
Engelhard Family Farms, LLC$36,220
TLC Total Lawn Care, LLC$35,855
Fertile Valley Seed Farm, LLC$32,700
Vermeersch Family Farms, LLC$31,792
Linzner Farms, Inc.$27,600
Engelhard Family Trucking, LLC$25,580
Kevin Findlay$24,688
Three-R Farm, Inc.$24,458
Bay Shore Sales, LLC$23,500
Mark H. Fischer$20,833
Jason Haag$20,833
Chad Sting$20,800
DJL Investments, LLC$19,448
Zimmer Farms, Inc.$16,300
Sunset Bay Marina, Inc.$16,120
Vanhoost Farms, Inc.$13,000
D & J Garage, LLC$12,019
Larry Rayl$11,749
Bednarski Farms, Inc.$9,700
New Century Business Services$9,400
Michigan Valley Insurance Agency$8,532
Digital Agronomics, LLC$8,400
Dutch Excavating, LLC$8,100
Zimbro Equipment, LLC$6,258
Christina J. Parmenter$3,778

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