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 49685
| Name of Borrower | Current Approved Amount |
|---|---|
| North Bay Produce, Inc. | $1,520,545 |
| Williams Chevrolet, Inc. | $1,236,828 |
| Summit 38th Street Restaurant, LLC | $1,082,863 |
| Cherry Central Cooperative, Inc. | $994,387 |
| Dennis, Gartland & Niergarth Management, PC | $865,017 |
| H. Cox & Son, Inc. | $849,038 |
| Sheren Plumbing & Heating, Inc. | $812,433 |
| Molon Excavating, Inc. | $797,600 |
| Great Lakes Stainless, Inc. | $661,438 |
| Top Line Electric, LLC | $529,725 |
| Whetstone Company | $525,745 |
| Hallmark Construction, Inc. | $449,665 |
| Grand Bay Marine, Inc. | $417,383 |
| Montessori Children's House, Grand Traverse | $391,600 |
| Classic Motor Sports & Lawn Equipment, Inc. | $366,995 |
| Grand Traverse Refrigeration, Inc. | $364,704 |
| Cash N Carry Flooring, LLC | $364,700 |
| Anthony Buday, Inc. | $350,000 |
| Boones Long Lake INN, Inc. | $334,400 |
| Alpers Excavating, Inc. | $333,970 |
| Grand Traverse Diesel Service, Inc. | $316,227 |
| Eastwood Custom Homes, Inc. | $314,829 |
| ECP, LLC | $298,400 |
| Michigan Towers, Inc. | $287,900 |
| DR&RV, Ltd. | $274,930 |
| Stone House Bread, LLC | $273,242 |
| Geofurnance Heating and Cooling, LLC | $271,394 |
| Genes Auto Sales, Inc. | $256,888 |
| Mike Staff Productions, Inc. | $233,700 |
| Action Water Sports of Traverse City, Inc. | $224,245 |
| Pathway Homes, LLC | $214,752 |
| Seeds, Inc. | $208,676 |
| Tc-Rv, Inc. | $200,417 |
| Universal Cleaners, LLC | $196,315 |
| Bloxsom Roofing and Siding Company | $196,044 |
| Baj, Inc. | $194,368 |
| S Norris, Ltd. | $186,400 |
| Bishop & Heintz, P.C. | $176,000 |
| TW Management, Inc. | $175,437 |
| The Burritt Corporation | $173,996 |
| Doug's Underground Service, Inc. | $168,942 |
| Dan Brady Painting Services, LLC | $165,100 |
| G & G Holdings, LLC | $161,710 |
| Rainbow Seamless Systems, Inc. | $159,300 |
| Nature and RV, LLC | $157,700 |
| Parshall Tree Service, LLC | $157,476 |
| IRT Commercial Services, LLC | $146,600 |
| K-Wall Poured Walls, Inc. | $142,300 |
| Food for Thought | $142,200 |
| Sogge Enterprises, Inc. | $142,100 |
| Leonardo's Tree Service, Inc. | $138,750 |
| Wheelock & Sons Welding, Inc. | $132,699 |
| Zenner Incorporated | $132,472 |
| Moomers Homemade Ice Cream, LLC | $129,860 |
| Grace Motor Mall, LLC | $128,490 |
| Cape Construction, LLC | $126,800 |
| Advance Motors, LLC | $126,732 |
| Rodrigu3z, Inc. | $126,021 |
| KJK Restoration, Inc. | $122,812 |
| Williams Motors, Inc. | $118,008 |
| Slim Cherry, LLC | $114,230 |
| Walton Weber Rodes Poolside, Inc. | $106,300 |
| MKN Excavating, LLC | $103,842 |
| Nordic Movers, Inc. | $103,800 |
| Cherry Country Cafe & Gift Shop, Inc. | $100,112 |
| Running Wise & Ford, PLC | $99,321 |
| G Currie Corporation | $97,312 |
| Grand T 2, Inc. | $96,900 |
| Signplicity Sign Systems, Inc. | $96,134 |
| PDM Holding Company | $89,100 |
| Midwest Refrigeration Supply Company | $88,500 |
| Nature'S Edge Fine Stone Products, LLC | $87,900 |
| Oilfield Tools, Inc. | $87,880 |
| HM South 31, LLC | $86,700 |
| Culver Meadows Senior Living, Inc. | $84,600 |
| Fieldstone 1010, LLC | $84,400 |
| Attitude & Experience, Inc. | $82,947 |
| Source Julien, Inc. | $77,500 |
| Northern Sprinkler Systems, LLC | $76,400 |
| Schopp Veterinary Services, PLLC | $75,800 |
| Great Lakes Striping and Sealing | $75,000 |
| Twin Bay Docks and Products, Inc. | $72,800 |
| Blue Star Framing, LLC | $70,800 |
| Good Harbor Grill II, LLC | $68,700 |
| Flood Manager, LLC | $68,147 |
| Kabbes Corporation | $66,900 |
| TC Baseball, LLC | $65,700 |
| Northern Lightning Wash, LLC | $64,700 |
| Big Dipper Dough Company, Inc. | $64,323 |
| Great Lakes Weld, LLC | $62,300 |
| Amtel Corporation | $61,275 |
| Banish Enterprises, Inc. | $61,100 |
| First Class Wiring Systems, Inc. | $58,750 |
| El Grupo Norte Youth Cycling | $57,700 |
| Bay Supply & Marketing, Inc. | $57,500 |
| Prince-Lund Engineering, PLC | $57,000 |
| Hodges Fastener Corporation | $54,900 |
| Elite Physical Therapy and Sports Performance, LLC | $54,052 |
| Traverse Bay Roofing Company | $53,826 |
| CS Company, LLC | $53,702 |
| America'S Carpet Barn, Inc. | $52,700 |
| Machinablewax.com, Inc. | $52,610 |
| CJ Schueller, LLC | $51,400 |
| Traverse City Home Inspections, LLC | $50,727 |
| Sojourn Church of Traverse City | $50,600 |
| DM & MM, LLC | $49,000 |
| Joy Givers, Inc. | $46,900 |
| Culver Meadows Adult Foster Care, Inc. | $46,900 |
| Sullivan Auto Clinic, Inc. | $46,400 |
| Oilfield Inspection USA, LLC | $46,000 |
| D. E. Investment, LLC | $45,800 |
| Twin Bay Landscaping, LLC | $45,667 |
| D & W Auto, Inc. | $43,942 |
| Trietch Construction, Inc. | $43,912 |
| HSS Industries, Inc. | $43,477 |
| Schultz Construction & Remodeling, LLC | $42,990 |
| North Michigan Hospitality Management, LLC | $42,703 |
| Anything Wired, Inc. | $42,537 |
| Traverse Body & Paint Center, LLC | $42,000 |
| M & C Farms, LLC | $41,600 |
| T. K. Jamieson, Inc. | $41,200 |
| Sadieboo, Inc. | $41,040 |
| The Mossy Tree, LLC | $40,900 |
| John M Banish PLLC M.D. | $40,900 |
| World Truck Painting & Auto Bo | $40,900 |
| Great Lakes Party and Gifts, Inc. | $40,708 |
| ADV Used Parts, LLC | $40,052 |
| Eagle Exploration, Inc. | $39,500 |
| Radio North, LLC | $39,500 |
| Patient Care Specialists, P.L.C. | $39,387 |
| Apex Engineering and Management, Inc. | $38,240 |
| RCI Richter Construction, Inc. | $37,100 |
| Harbor Pipe and Supply, Inc. | $36,900 |
| Traverse Bay Siding, Inc. | $36,875 |
| Bayshore Insulation, LLC | $35,459 |
| Great Lakes Spray on Bedliners, Inc. | $32,817 |
| Fournier Construction and Restoration, LLC | $32,800 |
| Flaska Landscaping, LLC | $31,500 |
| Great Lakes Lawn & Landscapes, LLC | $29,200 |
| Interior Contracting, Inc. | $28,250 |
| Constellation Networks Corporation | $28,200 |
| Tim Collins Insurance Agency, Inc. | $28,030 |
| Maybell Outdoord, LLC | $27,640 |
| Candle Factory, LLC | $26,812 |
| ART Brezin, LLC | $26,322 |
| T. C. Towing and Recovery, LLC | $25,300 |
| Soper Services, LLC | $25,062 |
| Keenan Enterprises, Inc. | $25,000 |
| Tim J. Schaub Construction, Inc. | $24,047 |
| Lake Ann Exteriors | $23,987 |
| Mike Street & Company | $23,750 |
| Jack's Auto Sales of TC, Inc. | $23,183 |
| Precision Gas Detection and Measurement, LLC | $23,140 |
| Great Lakes Bath & Body, Inc. | $22,915 |
| R & R Properties Mobil Manor, Inc. | $22,500 |
| Malburg Remodeling | $21,868 |
| Lockman Oilfield Consulting, LLC | $21,400 |
| CDM Mobile Shredding, LLC | $21,000 |
| Generations Management, LLC | $20,982 |
| Traverse Roots Revnovations, LLC | $20,833 |
| Evergreen Appraisal, LLC | $20,833 |
| Kristal S. Meyers | $20,833 |
| Cel Consulting, LLC | $20,833 |
| Hepner Drilling Services, LLC | $20,832 |
| Hepner Golf Design, LLC | $20,832 |
| Grand Traverse Collision, LLC | $20,800 |
| Sportscar Source, Inc. | $20,750 |
| Tracy Chichester | $20,640 |
| Kassar Enterprises, LLC | $20,625 |
| Homestretch Nonprofit Housing Corporation | $20,512 |
| Elite Custom Cutting & Finishing, LLC | $20,466 |
| Ultimate Accents Construction, Inc. | $20,000 |
| Innovative Millworks, Inc. | $19,638 |
| Heritage Landscape Design, LLC | $19,602 |
| Blue Current, LLC | $19,400 |
| Todd M. Stempin | $19,118 |
| Michigan Orthopaedic Products, Inc. | $18,922 |
| Mastermind DBS, LLC | $18,817 |
| GJC Professional Services, LLC | $18,750 |
| Kevin Severt | $18,750 |
| Asclepius Borealis, PLLC | $18,300 |
| 45th Parallel Marine, Inc. | $18,002 |
| Tee See Tee | $17,900 |
| Bill Stireman Broker | $17,419 |
| Yacht Solutions, LLC | $17,200 |
| Advertising Impressions, Inc. | $16,666 |
| Evans Industrial Coating Consultants | $16,575 |
| Jessica M. Marsh | $16,200 |
| Great Northern Roasting Company, LLC | $16,170 |
| Back on Track Chiropractic, PC | $16,149 |
| Jeremy B. Pearson | $15,642 |
| V3 Energy Group, Inc. | $15,625 |
| Cultured Ferments Company, LLC | $15,600 |
| Brendas Pet Parlor, LLC | $15,545 |
| Aztec Painting, Inc. | $15,500 |
| Streamline Exchange, LLC | $15,415 |
| Jeff Skomp | $15,300 |
| J. E. N. Services, LLC | $15,200 |
| Grand Traverse Strategic Partners, LLC | $15,000 |
| Paraklesis, Inc. | $14,974 |
| Veritech Appraisal, LLC | $14,713 |
| Grand Traverse Dock & Hoist, LLC | $13,900 |
| Grawn United Methodist Church | $13,420 |
| Thomas Roop | $13,007 |
| Northern Lakes Services, LLC | $12,750 |
| Elizabeth Schaub | $12,648 |
| Traverse City Track Club, Inc. | $12,594 |
| Plumbers's Pride, LLC | $12,502 |
| Wheelmann, LLC | $12,448 |
| Top Tier Cakery | $12,419 |
| Wayne M. Kotila | $11,930 |
| Hebblewhite Builders, Inc. | $11,500 |
| Rock Creek Homes, LLC | $11,400 |
| James Balamucki | $11,315 |
| Petersen Health-Fitness Consulting | $11,200 |
| Eden Appraisal, LLC | $11,038 |
| Niedermaier Brewhouse, Inc. | $10,900 |
| Complete Accounting Solution, LLC | $10,782 |
| Peter Tornga | $10,535 |
| Kevin Hall Builders, Inc. | $10,500 |
| Daniel Walker | $10,418 |
| Long Lake Plumbing, LLC | $10,313 |
| Jamie Dudek | $9,529 |
| Manistee Appraisal Services, Inc. | $9,457 |
| Northern Hardscapes, LLC | $9,415 |
| Ricky Pearson | $9,200 |
| Advantage Earth Electronics, LLC | $9,000 |
| Bergin Music, LLC | $8,700 |
| John Morris Construction, LLC | $8,687 |
| Tom Babel Sailing Services, LLC | $8,504 |
| Centre Ice Fitness, Inc. | $8,500 |
| Alliance Business Products, LLC | $8,200 |
| Blessings Tot School | $8,132 |
| Jessica Paeth | $8,020 |
| Gauthier's Archery, Inc. | $7,927 |
| Northern Lakes Community Church | $7,208 |
| Abbas Networking Services, Inc. | $7,173 |
| Enliven Massage, LLC | $7,165 |
| Cruise Planners | $6,275 |
| Lakeside Engineering, Inc. | $6,250 |
| Blackbear Builders | $6,077 |
| James Werth | $5,903 |
| Theresa Evans, LMSW, Caadc, LLC | $5,760 |
| TBL Enterprises, LLC | $5,744 |
| Jessica Simmerman | $5,500 |
| Great Lakes Pet Memorial & Crematory, LLC | $5,500 |
| Tracy Nguyen | $5,005 |
| GPS Construction, Inc. | $5,000 |
| Cassondra Springberg | $4,698 |
| Howelling Dogs, LLC | $4,250 |
| Cherry Canyon Design, LLC | $4,100 |
| Ken Larson's Brasswerks | $3,310 |
| Up North Taxi, LLC | $3,145 |
| Laletta Boivin | $2,600 |
| Grit Shop, LLC | $2,300 |
| Beachly Enterprises, Inc. | $2,000 |
| Lakeshore Painting Services Company, Inc. | $2,000 |
| Legend Performance Technologies, LLC | $1,013 |
| Health Fio, LLC | $587 |
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