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 49657
| Name of Borrower | Current Approved Amount |
|---|---|
| Roger Bazuin & Sons, Inc. | $545,400 |
| Ellens Equipment, Inc. | $542,402 |
| Autumn Vista Transport, LLC | $446,000 |
| Benthem Bros, Inc. | $311,800 |
| Autumn Vista Dairy, LLC | $305,500 |
| Northern Michigan Christian School Association | $301,395 |
| Jerry Nemeth Trucking, Inc. | $278,722 |
| Many Blessings Dairy, Inc. | $232,900 |
| Yonkman Dairy Farm, LLC | $171,400 |
| Silver Dollar Transport, LLC | $164,700 |
| Mcbain Grain Company | $156,745 |
| Lum Hughston Trucking, LLC | $151,300 |
| Mcbain Building Products, Inc. | $148,400 |
| Mcbain Family Pharmacy, PLLC | $137,232 |
| Seminole Leasing, LLC | $125,500 |
| Rob Smith Transporting, Inc. | $100,600 |
| Vanpolen Custom Cabinets, LLC | $98,410 |
| VV Heritage, LLC | $92,861 |
| Oudman Dairy, LLC | $91,866 |
| Silver Creek Dairy | $83,866 |
| Aloha Center, Inc. | $67,540 |
| Northern Truck Service, LLC | $66,666 |
| Kortman Dairy, LLC | $61,758 |
| Michael Bosscher | $59,959 |
| Boven Dairy Farm, Inc. | $54,800 |
| Hughston Livestock, LLC | $51,200 |
| Prioms BBQ, LLC | $50,100 |
| Schepers Agency, Inc. | $42,458 |
| Gladu Concrete Construction | $42,274 |
| C. K. Design Jewelry Company | $41,500 |
| Mcnally's Party Store, LLC | $37,155 |
| Bon-Dale Farm, Inc. | $36,900 |
| Dick Haven Farm, LLC | $36,245 |
| Meekhof Dairy, LLC | $35,600 |
| B and D Classic Sewn | $32,000 |
| Mcbain Family Chiropractic Center, PC | $31,900 |
| Ron Brinks Dairy | $29,200 |
| Inlaw Farms, LLC | $29,100 |
| Quist Dairy, Inc. | $27,700 |
| David a. Strom, P.C. | $27,312 |
| Circle M Welding, Inc. | $25,455 |
| Mcbain Auto Service, Inc. | $24,779 |
| Kelley's Pizza & Grill | $24,677 |
| Vogel Center Fabrication, Inc. | $24,518 |
| Van's Farm Equipment, Inc. | $24,335 |
| Mcbain Hardware Company | $23,943 |
| Upward Electrical Services | $22,824 |
| Taylor Mechanical | $21,780 |
| Y Knot Believe, LLC | $20,833 |
| Wolfrye1, LLC | $20,700 |
| Frye's Gas & Grocery, LLC | $20,200 |
| Highflo Performance in. C | $19,400 |
| Agema's Sand Hill Farm, LLC | $14,500 |
| Mcbain Collision and Repair, LLC | $14,000 |
| K-Hill Trucking, Inc. | $12,750 |
| Laredo Hughston Trucking, LLC | $8,983 |
| Rockin Cow, LLC | $7,878 |
| Cornerstone Coffee | $7,308 |
| Riversbend Services, Inc. | $6,875 |
| Shades Hairstyling Salon | $6,750 |
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