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 |
---|---|
Rizzo Packaging, Inc. | $534,975 |
TMD Machining, Inc. | $500,000 |
Perceptive Industr | $443,076 |
R-Factor, Inc. | $420,392 |
Midway Chevrolet, Inc. | $330,200 |
FBN Sales, Inc. | $306,075 |
Salvinos, LLC | $303,170 |
Auto Image, Inc. | $281,796 |
Ridderman & Sons Oil Company, Inc. | $276,800 |
Ccb's, LLC | $263,265 |
Darby Metal Treating, Inc. | $226,025 |
Wyoming Asphalt Paving, Inc. | $217,453 |
Total Property Management Group | $210,863 |
Four Roses, LLC | $210,700 |
Deyoung Pork, Inc. | $178,935 |
West Michigan Scale Company | $151,595 |
SCA Plainwell Corporation | $125,925 |
Die Therm Engineering, LLC | $124,225 |
Fusion Flexo, LLC | $112,540 |
Stefl Holdings, LLC | $105,067 |
Ridgeview Retail Limited | $103,900 |
Bieszka & Halverson, PLLC | $100,560 |
Howe Aluminum Services, Inc. | $95,855 |
Perceptive Service & Operations, LLC | $93,837 |
Old Mill Brewpub, LLC | $92,000 |
James E Riley Farms, Inc. | $84,510 |
G Southwick Enterprises, LLC | $84,300 |
Padea, Inc. | $83,100 |
M-89 Cinema, Inc. | $79,659 |
John Pierce | $79,389 |
Prospectus Tax & Accounting CPA, LLC | $71,760 |
Chippewa Development, Inc. | $66,245 |
Analytical Testing & Consulting Services, Inc. | $57,303 |
Skyview Dental Studio | $54,559 |
Stoney Hills Veterinary Service, PLC | $53,878 |
Argenta Park, Ltd. | $49,968 |
Pip of Michigan, Inc. | $46,320 |
JS Automation, Inc. | $45,933 |
Dillon-Waltz, LLC | $41,811 |
Hosler, LLC | $41,607 |
Kcme Machining and Sales, LLC | $38,440 |
Rod Benson Concrete, LLC | $37,672 |
A-1 Rentall, Inc. | $35,977 |
All That Athletics, LLC | $32,700 |
Hart's Jewelry, LLC | $27,915 |
Bridge Street Deli & Health Goods, LLC | $25,000 |
Premier Heat & Cool, LLC | $22,000 |
Bert Grimm | $20,833 |
Thomas Meert | $20,833 |
Andrew Stoneburner | $20,833 |
Todd Bloomberg | $20,833 |
Lightning Recovery & Towing, LLC | $20,833 |
Bert Grimm | $20,833 |
Whatadog, LLC | $20,833 |
Amy Hamilton | $20,833 |
KVK, LLC | $20,833 |
Ian Bagley | $20,833 |
Objective Marketing, LLC | $20,833 |
Jarrod Erdody | $20,800 |
Craig Demyanovich | $20,729 |
Laura Foote | $20,052 |
Lewis Edwards | $19,981 |
Deyoung Hog Farm, LLC | $19,788 |
Dams & Associates, Inc. | $19,082 |
Hesham Ahmed | $17,421 |
Armin Rodger Salinas Jr. | $16,515 |
Pine Lake Parts, Inc. | $16,235 |
Travis Lambert | $15,591 |
Main Street Body & Paint, LLC | $15,500 |
Michael Bloomberg | $15,476 |
Abovebeyond Company | $15,000 |
Tenth Street in C. | $14,995 |
Benjamin Bowman | $14,770 |
Mark De Jonge | $14,000 |
Bluewater Capital Consulting, LLC | $13,471 |
JBM Automation, LLC | $12,542 |
Doris Lastname Moore | $11,665 |
D & A Handyman, LLC | $11,483 |
Mark Delavern | $11,208 |
Old Plank Road, Inc. | $10,572 |
Bella Joy Pottery, LLC | $10,527 |
Bill C. Lafountaine | $10,200 |
Theresa Kisinger-Delavern | $9,228 |
Robert Doss | $8,740 |
R4, LLC | $8,478 |
Donald Weyenberg | $8,208 |
Kelly Belco | $7,899 |
Jennifer Esther-Mccormick Johnson | $7,751 |
Rebecca Howrigon | $7,533 |
DC Strong, Inc. | $7,500 |
Bouquets by Stacy, LLC | $6,602 |
Tesa Keith | $6,314 |
Tesa Keith | $6,314 |
Ki Pro Enterprises, LLC | $6,295 |
Mary Davis | $6,227 |
Mary Davis | $6,227 |
Barlow Heating and Cooling, LLC | $5,925 |
Derek Blanchard | $5,463 |
Derek Blanchard | $5,463 |
Pathways Psychological Associates | $4,882 |