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 49646
| Name of Borrower | Current Approved Amount |
|---|---|
| Kalkaska County Hospital Authority | $6,164,700 |
| Excel Site Rentals, LLC | $2,580,497 |
| WWCP, Inc. | $2,362,228 |
| C. C. Power, LLC | $2,275,000 |
| PJ Steel Supply, Inc. | $1,974,426 |
| R. L. Morris & Sons Construction | $1,611,927 |
| Kalkaska Screw Products, Inc. | $1,191,900 |
| Beckman Production Services, LLC | $1,098,837 |
| Cooke Sheet Metal, Inc. | $539,890 |
| TJH Enterprises, Inc. | $500,866 |
| Enhanced Field Services, Inc. | $486,439 |
| Team Services, LLC | $463,400 |
| Hague Equipment Company of Michigan., Inc. | $452,837 |
| Northland Food & Family Center, Inc. | $438,200 |
| Voice Motor Sales, Inc. | $380,864 |
| Dan F. Soenen, P. C., D.D.S. | $317,603 |
| Woodland Creek Furniture, Inc. | $293,650 |
| Mclean's Hardware-Home Center, Inc. | $245,937 |
| Flowtek | $202,690 |
| Fryteam, Inc. | $196,311 |
| Target Oil Tools, LLC | $195,000 |
| Magnum Solvent, Inc. | $180,000 |
| Cherry Street Market, Inc. | $166,658 |
| Kibby Welding, LLC | $162,938 |
| Exodus Pressure Control, Inc. | $142,688 |
| Shane Jenkins | $136,125 |
| Camp Tanuga, Inc. | $132,000 |
| Trend Services Company, Inc. | $128,500 |
| Dewey Agency, Inc. | $128,371 |
| Craig's Auto and R. V., Inc. | $124,102 |
| Homeland Building Products, LLC | $118,707 |
| Import Automotive, Inc. | $114,125 |
| Iott Seed Farms, Inc. | $111,500 |
| JK Manufacturing, Company | $97,400 |
| Northland Speed Mart, LLC | $94,200 |
| Superior Oilfield Service, Inc. | $93,500 |
| Stobert Dental, PC | $93,439 |
| 1st Choice Trucking and Rental, Inc. | $92,675 |
| D. E. Enterprises, Inc. | $92,652 |
| L. Services Inc., N.A. | $90,700 |
| Marsh Industrial Services, Inc. | $86,100 |
| Kalkaska Plumbing & Heating, Inc. | $82,709 |
| Express Tire Service, Inc. | $82,656 |
| Impact Completions, LLC | $82,125 |
| Dataspade, Inc. | $80,900 |
| Mayhem Development, Inc. | $76,200 |
| Innovative Technologies, Inc. | $74,200 |
| D J and G Enterprise, Inc. | $73,750 |
| G's Pizzeria and Deli Kalkaska | $73,500 |
| Whitson Insulation Company of | $72,735 |
| RC Safety, LLC | $63,560 |
| Kalkaska Family Dental Center, P.C. | $62,500 |
| Elite Steel Builders | $59,700 |
| Robert P. Dunn Construction, Inc. | $57,300 |
| 258 Tire, LLC | $55,805 |
| Downs Investments, LLC | $54,645 |
| JJHS, LLC | $52,930 |
| Saco and Sons, Inc. | $47,962 |
| Lakes & Trails Power Sports, LLC | $43,600 |
| Kalkaska Church of Christ | $41,098 |
| Kuhns Electric, Inc. | $40,200 |
| Destination Unknown Trucking, Inc. | $38,590 |
| Blue Fish Early Learning Center, LLC | $38,025 |
| Jeremy Crum Insurance Agency, Inc. | $37,587 |
| Great Lakes Golf Cars | $37,262 |
| Norm Technician, LLC | $34,997 |
| Area Waste Services | $34,226 |
| Timber Wolf Turf, Inc. | $32,200 |
| Mkhamlet, Inc. | $32,025 |
| Kalkaska Funeral and Cremation Services Ic | $31,000 |
| Nick's Motor Sales, LLC | $30,777 |
| Razorback, LLC | $28,100 |
| N & Sami Corporation | $27,600 |
| Kalkaska Window & Glass, Inc. | $27,016 |
| WT2 Kalkaska, Inc. | $25,100 |
| Andi Medical Sales and Distribution, Inc. | $23,957 |
| Dynamic Hearing Care Systems, LLC | $23,000 |
| Klumpp Flower & Garden Shop, Inc. | $22,500 |
| Roggenbeck Enterprises, Inc. | $21,600 |
| St. Paul Lutheran Church of Kalkaska, Michigan | $20,100 |
| MJM Software, LLC | $18,182 |
| Calvary Baptist Church of Kalkaska | $16,722 |
| Bad Chihuahua, Inc. | $14,625 |
| Coopers Downtime Adventurers, Inc. | $14,194 |
| Coy Auto & Truck Center, Inc. | $13,300 |
| Brick Boss, Inc. | $12,552 |
| Our Family Tradition, LLC | $11,600 |
| Bore-Technician Services, LLC | $11,046 |
| Clint Belcher Agency, LLC | $10,667 |
| Las Vegas Tan and Salon, LLC | $10,047 |
| NMI Hospitality, Inc. | $10,020 |
| From Head to Toe, LLC | $9,200 |
| Rjay Roofing and Construction | $7,498 |
| MS Patti's Daycare, LLC | $7,465 |
| Beaver Log Homes, Inc. | $6,682 |
| Patrick Hiller | $6,638 |
| Bryan Kotsch | $6,467 |
| North Country American INN | $6,200 |
| Skylar Warner | $5,387 |
| Granada INN, LLC | $5,100 |
| Auto Trim Design of Grand Traverse, Inc. | $3,196 |
| Debra L. Kimball | $3,108 |
| Winnies Originals, LLC | $2,200 |
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