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 |
---|---|
Natural Way, Inc. | $1,020,297 |
Treva Automation Corporation | $972,500 |
Baca Systems, LLC | $964,300 |
Cole Carbide Industries, Inc. | $831,350 |
Miller Landscape, Inc. | $672,500 |
Eventnext, Inc. | $426,812 |
City Smoke Lake Orion, LLC | $415,000 |
Clarkston Courts, LLC | $394,832 |
Palazzo Di Bocce, Inc. | $373,300 |
Laser Craft, LLC | $245,809 |
Leggera Technologies, LLC | $229,992 |
Orion LLC M.D. | $227,577 |
R. B. E., Inc. | $211,965 |
Cole Tooling Systems, Inc. | $189,535 |
Flipspot Gymnastics and Cheer, LLC | $178,481 |
Old Detroit Burger Bar, LLC | $147,716 |
Activefit, LLC | $147,160 |
BHHG Energy, LLC | $145,702 |
Matt Vince Trucking, Inc. | $132,022 |
Start My Lease, Inc. | $125,000 |
G3 Steel Group, LLC | $124,280 |
Trufood Management | $121,014 |
Lake Orion BB Family Restaurant, Inc. | $117,542 |
Lightware, Inc. | $115,027 |
A Parts Warehouse, LLC | $112,733 |
Boones Express, LLC | $106,000 |
R. R. R. Electric, Inc. | $86,445 |
LTBB Marketing, LLC | $83,332 |
Contract Source Group, LLC | $79,392 |
Environmental Affairs, LLC | $75,725 |
Patco Air Tool, Inc. | $74,600 |
Custom Health Centers, Inc. | $74,055 |
Amy Lynn & Associates, LLC | $73,920 |
Infonorm, Inc. | $73,380 |
Accu-Technician, Inc. | $67,945 |
Jajk, LLC | $67,863 |
Lotis Technologies, Inc. | $65,859 |
Rhythm Ratio, Inc. | $62,537 |
Preferred Landcare, LLC | $57,600 |
Warren Aggregates, LLC | $56,000 |
Seven Oaks Professional, PLLC | $54,700 |
Broken Yolk, LLC | $53,420 |
Thai Fix, LLC | $53,210 |
Native Green, LLC | $52,190 |
Core Thermal Corporation | $50,800 |
Gentry Construction, LLC | $50,000 |
Daring Company, LLC | $48,750 |
Hardenburgh Enterprises | $46,464 |
Clark Orion Township, Inc. | $44,300 |
Retail Solutions, LLC | $41,985 |
Christopher Dolecki | $36,165 |
Bangkok Cuisine Ann Arbor, Inc. | $33,894 |
Mommy Income | $33,247 |
Lake Orion Roofing, Inc. | $30,480 |
Michigan Greenskeeper, Inc. | $28,734 |
Brian Byers | $28,072 |
Artemis Search Group, Inc. | $25,908 |
Fasteners Resource & Industrial Supply, LLC | $25,295 |
RL Vantage Point, LLC | $23,500 |
Evaluation & Performance Solutions | $20,833 |
Centering Advisors, LLC | $20,833 |
Xuan Duong | $20,833 |
Studio Sherpas, LLC | $20,833 |
Joseph McGuckin | $20,833 |
Andi Hedrick, LLC | $20,833 |
Rodney Mullins | $20,833 |
Rodney Mullins | $20,833 |
Linc Anesthesia Services, Inc. | $20,833 |
Lynette Parks | $20,832 |
Latoya Huntington-Smith | $20,800 |
Allen Smith | $20,800 |
Jordan Lewis | $20,750 |
Ebony Thompson | $20,695 |
Trella Cleaners, Inc. | $20,625 |
R1 and J Enterprises, LLC | $20,415 |
Kmbh Advertising | $20,300 |
Cadarie Norton | $20,151 |
Brian Byers | $20,052 |
Sakara Jackson | $20,000 |
Sheenah Cosey Knowles | $19,872 |
Roger Romans | $19,059 |
Naieg, LLC | $18,535 |
Zach Forte | $17,847 |
Next Big Thing, Inc. | $17,707 |
Blango Enterprises, Ltd. | $17,340 |
Lakesenac, LLC | $17,313 |
Kingdom Building Ventures, LLC | $17,200 |
Sump Pump Systems of Michigan, LLC | $16,460 |
MDR Telecom, LLC | $14,815 |
Lees Wine & Deli, Inc. | $14,455 |
Azaria McGowen | $14,135 |
Audra Westberg | $12,758 |
Champs Cleaners IV, LLC | $12,500 |
Constance Skidmore | $11,790 |
Jsamb Business Ventures, LLC | $9,169 |
HP Painting Company | $8,600 |
Quentin McKinnon | $8,500 |
House of Hope Ministry, Inc. | $8,367 |
Todd Waring | $8,332 |
James Stevens | $6,445 |