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 49738
| Name of Borrower | Current Approved Amount |
|---|---|
| Air Way Automation, Inc. | $1,026,600 |
| C. F. Fick & Sons, Inc. | $993,267 |
| IMM, Inc. | $630,565 |
| AJD Forest Products LP | $564,717 |
| Tandem Specialized | $456,125 |
| Matt Lafontaine Automotive, Inc. | $391,900 |
| Woodland Home Care, LLC | $330,800 |
| Lange Vending, Inc. | $289,655 |
| Feeny Ford Mercury of Grayling, Inc. | $288,300 |
| Monarch Millwork, Inc. | $250,060 |
| Force, LLC | $205,800 |
| Good Living Kitchens, Inc. | $172,250 |
| Deane Systems, LLC | $154,100 |
| Jack Millikin, Inc. | $149,000 |
| Blarney Stone Broadcasting | $146,800 |
| The Brook Retirement Communities, Inc. | $138,000 |
| Spikes Keg O Nails, Inc. | $127,700 |
| Ausable Family Dental, PC | $123,955 |
| Satnaamji, Inc. | $118,077 |
| CSI Emergency Apparatus, LLC | $112,500 |
| K & S Building Supplies, Inc. | $111,301 |
| Ausable Hospitality, LLC | $101,730 |
| Apothecare, LLC | $99,000 |
| Dean & Aubry Optometrists, PC | $97,144 |
| Mclean's Promart Home Center #2, Inc. | $96,617 |
| The Brook of Gaylord, Inc. | $96,000 |
| The Brook of West Branch, Inc. | $94,000 |
| Dead Bear Brewing of Grayling, Inc. | $93,000 |
| Carey & Jaskowski, P.LLC | $89,257 |
| Gates Au Sable Lodge, Inc. | $87,900 |
| The Brook of Big Rapids, Inc. | $87,000 |
| River House, Inc. | $84,245 |
| The Brook of Cheboygan, Inc. | $75,000 |
| The Brook of Grayling, Inc. | $75,000 |
| The Brook Retirement Communities of Roscommon, Inc. | $75,000 |
| The Brook of Gladwin, MI | $74,000 |
| Summers Dealer Services, Inc. | $72,365 |
| Comfort Center No. 2, Inc. | $68,973 |
| Grayling Westside Diner, Inc. | $67,996 |
| The Brook of Newaygo, Inc. | $67,000 |
| Gray Rock II, LLC | $65,872 |
| Grayling Country Club | $65,000 |
| Goodales's Bakery, LLC | $61,200 |
| The Brook of Houghton Lake, Inc. | $61,000 |
| The Brook of Boyne City, Inc. | $59,000 |
| Little Boots Country Diner, Inc. | $58,569 |
| Alternative Car Repair Corporation | $52,614 |
| Bear's Den, Inc. | $52,500 |
| Ausable Towing, Inc. | $51,675 |
| Wayne F Moore, Inc. | $50,000 |
| Hagerman Construction, Inc. | $50,000 |
| Upper Lakes Tire Distrubuters of Grayling, Inc. | $49,100 |
| D & S Nostalgia, Inc. | $48,089 |
| Ryan Schultz PC, D.D.S. | $47,649 |
| The Brook of Cedar Springs, Inc. | $46,000 |
| Iver/fick Developers, Inc. | $44,300 |
| Sorenson-Lockwood Funeral Home, Inc. | $40,400 |
| G. R. A. C. E. Center | $38,763 |
| Jansen Agency & Associates, Inc. | $36,250 |
| K. C. Group, LLC | $33,750 |
| William Weaver Builders, LLC | $32,800 |
| Denholm Family Chiropractic, PC | $32,750 |
| RLV, Inc. | $32,600 |
| 110 State Street | $32,500 |
| Metcalfe Forestry Company | $32,127 |
| Mcclain & Son Construction, Inc. | $32,047 |
| M-10 Transport, LLC | $30,000 |
| North Country Outfitters of Northern Michigan, Inc. | $28,843 |
| Dana Whitley | $27,687 |
| Bawis Laxmi, LLC | $27,237 |
| Katie Olson Agency, LLC | $27,200 |
| Kims Magic Nails | $27,083 |
| Fenfam-2, Inc. | $24,700 |
| Northern Mechanical Contrators, LLC | $24,697 |
| American Legion Lounge and Lanes | $24,195 |
| Lovell's River-Side Tavern, Inc. | $23,400 |
| Campfire Memories | $22,586 |
| Furhrs Grayling Car Care Corporation | $22,000 |
| Xpress Copy Center, LLC | $21,512 |
| Premier Waterfront Realty, Inc. | $20,800 |
| Radmax, PC | $20,800 |
| Michelson Memorial United Methodisth Church | $20,113 |
| Michigan Wood Pellet, LLC | $19,388 |
| Jims Canoe Livery | $18,447 |
| Michael B. Brown | $17,500 |
| Kelloggs Bridge Grocery, Inc. | $17,080 |
| ACS Pizzeria, LLC | $16,830 |
| Jason R Thompson Law Office, PLC | $16,000 |
| Ausable Outdoors, LLC | $15,745 |
| St. Francis Episcopal Church | $14,962 |
| Rodney Larkin | $12,898 |
| Animal Shelter of Crawford County | $12,632 |
| Ron's FLY Shop | $12,500 |
| Alo Trucking, Inc. | $12,500 |
| Brody T. Robison | $12,466 |
| Petrie Concepts, LLC | $10,354 |
| Penrods Ausable River Resort | $8,750 |
| Fitnorth, LLC | $8,090 |
| RLA Studio, P.C. | $7,918 |
| Two River Deli | $6,250 |
| North Branch Outing Club | $5,500 |
| Tip'n the Mitten, LLC | $5,115 |
| Resurrection Life Center of Northern Michigan | $4,938 |
| C and C Realty, Inc. | $4,515 |
| Elizabeth Hellebuyck | $4,407 |
| Not A. Just Copy Shop | $4,250 |
| Caids Country Store, LLC | $4,104 |
| Sylvester Construction, Inc. | $4,000 |
| The Sweet Life | $4,000 |
| Finley's Riverside Cabins, LLC | $2,820 |
| H and B Auto Electric | $2,600 |
| MT. Hope Lutheran Church | $2,500 |
| Geoffrey M. Day, PC, D.P.M. | $2,055 |
| Ausable Gifts, Inc. | $1,987 |
| A Cut Above Grayling, LLC | $450 |
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