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 49651
| Name of Borrower | Current Approved Amount |
|---|---|
| Bohning Company, Ltd. | $367,837 |
| Classic Chevrolet North, Inc. | $319,910 |
| Bisballe Forest Products, Inc. | $287,800 |
| Millers Bridge Operations, LLC | $214,490 |
| Blackmer Motorsports, LLC | $164,662 |
| Kipper Trucking, Inc. | $151,610 |
| Premium Farm Solutions, Inc. | $129,261 |
| Pearson Drilling and Engineering, Inc. | $126,065 |
| Missaukee Molded Rubber, Inc. | $121,300 |
| Star City Iba, Inc. | $101,628 |
| B & J Kunkel Enterprises, LLC | $90,838 |
| Jason Jenema, Inc. | $88,835 |
| Lake City Family Dentistry | $80,400 |
| Park Forest Products, LLC | $80,378 |
| Van Duinen Forest Products, Inc. | $66,700 |
| Mid-Michigan Logging | $65,120 |
| Rich-Company Transportation, Inc. | $65,019 |
| American Asphalt Paving, Inc. | $62,758 |
| Seasons of Life AFC | $60,500 |
| BFP Transport, Inc. | $59,800 |
| Missaukee Realty Company | $53,428 |
| Missaukee Golf Associatio191512n | $52,285 |
| Gilde Farms, LLC | $51,757 |
| Wetzel's Auto Sales, LLC | $40,250 |
| Numerical Gage, Inc. | $38,540 |
| Beem Fence, LLC | $36,483 |
| Tip of the Mitt Realty, Inc. | $36,244 |
| Hammers Pub and Grub, Inc. | $31,250 |
| Mclain Transmissions, Inc. | $30,840 |
| Robert D Outman | $29,900 |
| Allpro Technology, LLC | $29,085 |
| J & S Logging | $26,000 |
| Third Coast Merchant Services, Inc. | $25,817 |
| Miller Contracting, LLC | $25,200 |
| Land and Lakes Realty, LLC | $23,747 |
| Arctic Properties, LLC | $23,384 |
| L&J Meat Market, Inc. | $23,132 |
| DR Insulation, LLC | $22,249 |
| Klunder Financial | $22,070 |
| Sally Baas Plexus | $20,833 |
| Tim McKinley | $20,833 |
| Jean Prangley | $20,832 |
| Wildbiz, LLC | $20,305 |
| Ford's Electronics and Appliance, Inc. | $19,770 |
| Dimensions Salon and Tanning | $19,078 |
| Keystone Services | $17,966 |
| Hannah & Hannah, Inc. | $17,500 |
| Martin Jankoski | $14,423 |
| Gres Source, Inc. | $14,180 |
| Lake City Real Estate, LLC | $13,200 |
| Gary Carrigan | $12,963 |
| Mardex, Inc. | $12,500 |
| MRS. Clean | $12,442 |
| The Landing, Inc. | $11,700 |
| Ball Construction, Inc. | $11,562 |
| Sprik Concrete Construction, LLC | $11,250 |
| Bannister Plumbing & Home Services, LLC | $10,234 |
| Stanley Girven | $10,000 |
| Sunshine Carpet Cleaning | $10,000 |
| Lake City Area Chamber of Commerce | $9,095 |
| Erine Kaye, LLC | $8,858 |
| 1st Chance Garage, LLC | $8,500 |
| Keystone Financial Services, LLC | $8,245 |
| R. D. T., Inc. | $7,813 |
| Countryside Grill, LLC | $7,000 |
| Lake City Enterprises, Inc. | $6,977 |
| North Country Tours, LLC | $6,805 |
| Francisco Services, LLC | $6,250 |
| Baas Construction, Inc. | $4,831 |
| Northern Michigan Ceramic Tile, Inc. | $3,165 |
| Lake View Motel & Gift Shop, LLC | $3,034 |
| Rivers Edge Massage | $1,928 |
| LCMG, LLC | $1,275 |
| Kimberly Koch | $1,020 |
Alerts Sign-up