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 49712
| Name of Borrower | Current Approved Amount |
|---|---|
| Great Lakes Energy Cooperative, Inc. | $6,412,600 |
| True North Company, Inc. | $988,400 |
| Bulmann Enterprises, Inc. | $570,907 |
| Northern Michigan Escapes, LLC | $273,078 |
| Classic Instruments, LLC | $251,909 |
| Matelski Lumber Company | $236,700 |
| Temprel, Inc. | $225,005 |
| Boyne Boat Yard, Inc. | $220,100 |
| Van Dam Enterprises, Inc. | $217,603 |
| Tri-State Cast Technologies Company | $197,203 |
| 202 Lake Street Partners, LLC | $155,187 |
| Bob Mathers Ford, LLC | $138,100 |
| Robinson's Landscaping & Nursery, Inc. | $128,688 |
| Floyd & Todd Wright Builders, Inc. | $123,145 |
| Northern Michigan Surgical Suites, LLC | $115,584 |
| F. O. Barden & Son, Inc. | $114,438 |
| Stiggs Brewing Company | $108,000 |
| Happys Taco Shop, LLC | $94,421 |
| Colwell-Wangeman Construction, Inc. | $91,577 |
| Paga Family Dentistry, PLC | $79,800 |
| Boyne City Ace Hardware, Inc. | $78,267 |
| Progressive Dental Care, PC | $75,094 |
| Michael a. Fleming, PC, D.D.S. | $75,000 |
| Redman Enterprise, Inc. | $71,107 |
| Great Lakes Golf & Site Develop, Inc. | $70,420 |
| Cloud 9 Management Services, LLC | $69,253 |
| Legacy Construction Services, LLC | $69,072 |
| Ryan's Landscaping, Inc. | $63,165 |
| The Lavender Project, LLC | $61,300 |
| Park View Family Dentistry, Oc | $60,925 |
| Birch and Son Construction | $60,000 |
| Northstar Restoration, LLC | $57,735 |
| Boyne Country Ventures | $55,000 |
| Northern Lakes Economic Alliance | $54,932 |
| Sommerset Construction, LLC | $53,657 |
| Lake Street Ventures, LLC | $52,057 |
| Pat O'Brien & Associates, LLC | $51,025 |
| Boyne Country Hardware | $49,050 |
| Challenge Mountain of Walloon Hills, Inc. | $48,275 |
| SG Fourward, LLC | $45,133 |
| Plumbing Design, LLC | $44,800 |
| Mount Manufacturing, LLC | $42,384 |
| Cosier Roofing, LLC | $39,399 |
| Brehm Ventures, LLC | $39,365 |
| Northern Homes Community Development Corporation | $39,017 |
| Woodard Enterprises, Inc. | $38,792 |
| Northern Michigan Livestock, Inc. | $38,372 |
| Charlevoix Landscape, Inc. | $37,207 |
| Boyne Country Propane, LLC | $35,900 |
| DMK of Boyne, Inc. | $33,282 |
| Dogs World North, LLC | $33,160 |
| David A. Beek | $32,779 |
| Hufford Vision & Eye Care, PC | $32,500 |
| B. C. Pizza of Boyne, Inc. | $31,650 |
| Above All Construction, LLC | $31,514 |
| Nickel Design, Inc. | $30,775 |
| Charlevoix County Humane Society | $30,759 |
| St. Matthews Church | $30,758 |
| 52 Weekends, Inc. | $28,415 |
| On-Belay Partners, LLC | $28,232 |
| Janssen Enterprises, Inc. | $27,767 |
| Schraw & Associates, PC | $27,600 |
| Robert a Banner, PC | $27,490 |
| SCC Skis, LLC | $27,470 |
| Outline Industries, LLC | $26,697 |
| Kroondyk Construction | $26,269 |
| Lake Forest Baking Company | $26,233 |
| Boyne Area Gymnastics, Inc. | $25,705 |
| Adams Painting, Inc. | $25,345 |
| CLC Investment Advisors, LLC | $24,875 |
| Doak Distributing, LLC | $24,705 |
| Frederick Dean Franchino Dba | $23,265 |
| Jodi J. Doak, P.C. | $21,250 |
| Battista Family Investments, Inc. | $20,833 |
| Excel Systems Group, Inc. | $20,690 |
| Boyne City Tire & Brake, Inc. | $20,200 |
| Northern Michigan Equine Theraphy | $20,000 |
| Tony's Stone Works | $19,540 |
| Wild Wild West Tobacco 4, Inc. | $19,000 |
| Northern Auto Glass, Inc. | $17,800 |
| True Pest Control, Inc. | $17,570 |
| Consultrpl, LLC | $17,463 |
| New Milliniem Enterprises, Inc. | $16,250 |
| Lee Rainey | $15,882 |
| Bay Area Management, LLC | $15,680 |
| Klevorn & Klevorn | $15,458 |
| Mark E Patrick State Farm Insurance | $15,000 |
| Cote Enterprises, Inc. | $14,667 |
| Douglas A. Wright Architect | $14,465 |
| Green Horizons Limited | $14,405 |
| Golden Agency, LLC | $13,904 |
| Shumaker Builders, LLC | $13,500 |
| Detroit Stillworks, LLC | $12,950 |
| Long Enterprises, Inc. | $12,900 |
| Stonearch Consulting Media Mime, LLC | $12,812 |
| C-J Logging, LLC | $12,500 |
| Melissa Casper | $12,498 |
| Proclean 2000, Inc. | $11,975 |
| KKS Land Services, LLC | $11,752 |
| Squirrelscapes, LLC | $11,690 |
| Mark Kowalske | $11,547 |
| The First Presbyterian Church of Boyne City | $10,970 |
| Hoaglund Services | $10,882 |
| Peninsula Boutique, LLC | $10,872 |
| Timber North Vacation Management, LLC | $10,858 |
| Jacqueline Kerr | $10,205 |
| Complete Coatings, Inc. | $10,157 |
| Hoenicke, P.C. | $9,583 |
| Jeremy Peck | $8,157 |
| Ralph W. Gillett | $7,582 |
| Laura Feagan | $7,540 |
| Upsy-Daisy Floral, LLC | $7,500 |
| Kirkby Construction | $7,415 |
| N & N, LLC Ltd. | $6,700 |
| Justin Cook | $6,250 |
| Nord B Schroeder Builder | $6,019 |
| Community of Christ, Park of the Pines | $5,992 |
| Spirit of Walloon Market Garden | $5,487 |
| Christopher J Kuhn, Builder | $5,350 |
| Quality of Life Family Chiropractic, Inc. | $5,000 |
| Boyne Valley Chiropractic Center | $4,437 |
| Macksey-Built Properties, Inc. | $4,270 |
| Woodland Finishing Systems, LLC | $4,167 |
| Landmark Group, LLC | $4,166 |
| The Fence Company of Northern Michigan, LLC | $4,162 |
| Love Smitten Designs, LLC | $3,268 |
| Rbe Residential Builder Dba | $3,257 |
| Jay T. Higgins | $3,128 |
| Penny J. Cash | $3,115 |
| Krisations | $2,800 |
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