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 49682
| Name of Borrower | Current Approved Amount |
|---|---|
| Northern Building Supply, LLC | $604,568 |
| Leelanau Fruit Company | $419,800 |
| Cherry Bay Orchards, Inc. | $368,000 |
| The Village INN, Inc. | $218,298 |
| DC Collective Grocer, LLC | $213,700 |
| Black Star Farms, LLC | $195,300 |
| Haystacks, LLC | $195,155 |
| Maple Hill Builders, LLC | $186,777 |
| L Mawby, LLC | $183,401 |
| Winery at Black Star Farms, LLC | $181,900 |
| Hop Lot Brewing Company, LLC | $181,092 |
| Martha's Leelanau Table | $125,540 |
| D & E Vanthomme Greenhouses, Inc. | $120,700 |
| Inland Seas Education Association | $101,414 |
| Suttons Bay Dental Center, PLLC | $98,800 |
| Bahle Enterprises, Inc. | $84,113 |
| Seeco Contracting Corporation | $79,211 |
| Crooked Fish | $75,053 |
| Oltersdorf Realty, LLC | $71,350 |
| Grand Traverse Masonry, LLC | $71,122 |
| CKB Investments, LLC | $69,743 |
| Boulangerie, 9, LLC | $67,400 |
| Tandem Ciders, Inc. | $63,152 |
| Castine Family Dentistry, P.C. | $62,889 |
| T. L. Mikesell, P. C., D.D.S. | $60,122 |
| Edward's Home Furnishings, Incorporated | $59,646 |
| Bayside Salon, LLC | $57,500 |
| Leelanau Builders, LLC | $56,000 |
| Schaub Team, LLC | $53,213 |
| 45th Parallel Enterprises, LLC | $52,997 |
| F. L. Padella Company, Inc. | $52,859 |
| Ciccone Vineyards & Winery, LLC | $52,644 |
| Shady Lane Market | $51,980 |
| Leelanau Family Practice, P.C. | $50,745 |
| Insight Optometry, PC | $49,939 |
| Bahle Farms, LLC | $48,513 |
| Barry Riske | $47,782 |
| Grand Traverse Bike Tours | $45,354 |
| Dale Boone Construction | $44,310 |
| Larry Shugart | $41,424 |
| Fort Road Residence, LLC | $40,400 |
| Woodbine, Inc. | $40,368 |
| Honest Eyes, LLC | $34,600 |
| Old School Builders, Inc. | $34,331 |
| Richard Parker Builder, LLC | $33,028 |
| Roux 9, LLC | $29,482 |
| Larry Mcmann PLLC M.D. | $28,106 |
| Martinson Funeral Home, Ltd. | $27,227 |
| Suttons Bay Medical Clinic, PLC | $26,459 |
| Mike Kelly Builders, LLC | $25,500 |
| Enerdyne, Inc. | $25,000 |
| Datawaves | $24,855 |
| Bayside Gallery, Inc. | $21,096 |
| Mark Kellogg Carpentry | $20,833 |
| Whittle Advisors, LLC | $20,833 |
| Cynthia A. Opie | $20,832 |
| J. T. General Services, LLC | $20,832 |
| Elizabeth Mahaney | $20,832 |
| Kuttnauer Enterprises, Inc. | $20,800 |
| Jill Plamondon | $20,759 |
| Aspen Group Chiropractic, P.LLC | $19,512 |
| Leelanau Kids Club | $19,193 |
| Lightning Bug Electric, Inc. | $19,129 |
| Jeffrey Send | $19,100 |
| Freed Communications, LLC | $18,750 |
| Quality Rebuilding Service, LLC | $18,732 |
| Electronic Payments Consulting, LLC | $18,595 |
| Michigan Mechanical North, LLC | $17,385 |
| Bookkeeping Services, Inc. | $16,900 |
| Michele Dansereau | $16,040 |
| Leif Sporck | $15,320 |
| Jones Studios, LLC | $15,306 |
| OHMS E-Technician, LLC | $14,872 |
| Gaelli, LLC | $14,232 |
| Keswick United Methodist Church | $13,434 |
| Lima Bean, Inc. | $13,270 |
| 22 Vines, LLC | $11,700 |
| Bay Light Painting and Remodeling, LLC | $10,852 |
| Tusker, LLC | $9,992 |
| Bay Community Theatre Organization | $9,800 |
| JP Market Group, LLC | $9,762 |
| Lucamati, LLC | $9,750 |
| Welty Farms, LLC | $9,600 |
| TLC Farms, Inc. | $9,400 |
| Josh Hartman Photography, LLC | $9,345 |
| The Happy Woman, LLC | $8,900 |
| Chimoski Bakery, LLC | $8,426 |
| Bardenhagen Farms | $8,400 |
| Duane F. Amato & Associates, Inc. | $7,600 |
| Hillside Feed & Supply, LLC | $7,559 |
| Suttons Bay Ciders, LLC | $7,500 |
| Richard Reyhl | $7,500 |
| Century Farm, LLC | $7,308 |
| Dragonfly Event Designs, LLC | $7,298 |
| Baumann Resources, Inc. | $7,157 |
| First Evangelical Lutheran Church | $7,131 |
| The Roost Consignment Boutique | $6,958 |
| West Bay Electric, Inc. | $6,900 |
| DRI Enterprises, LLC | $6,500 |
| Two Twisted Trees Photography, LLC | $6,497 |
| The Bears Den Gallery, LLC | $6,410 |
| Carol Bawden | $6,330 |
| Lylah’S, LLC | $6,242 |
| Lynne R. Perkins | $6,222 |
| Capital Stone Northwest, LLC | $6,200 |
| Cary Henrie | $5,970 |
| Spot on Services, LLC | $5,882 |
| John Spreng Putman, LLC | $5,625 |
| Leelanau Services, LLC | $5,345 |
| Chelsey Sawallich | $4,920 |
| Cherry Country Quilters, LLC | $4,542 |
| James Williams | $3,613 |
| H Wilder Designs | $3,021 |
| High Angle Images, LLC | $3,000 |
| Spot on Cleaning Services | $2,658 |
| Northwest Meridian | $1,400 |
| William D. Perkins | $1,305 |
| Nicole Anderson Realtor | $947 |
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