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 49779
| Name of Borrower | Current Approved Amount |
|---|---|
| E. H. Tulgestka & Sons, Inc. | $491,818 |
| Tulgestka Transport, Inc. | $386,800 |
| Plaths Meats, Inc. | $157,624 |
| Basel Oil Company, Inc. | $130,400 |
| Bishop Chevrolet Buick, Inc. | $98,219 |
| Mike Lynch, Inc. | $70,050 |
| Aljo Properties, Inc. | $68,022 |
| Gajewski, Inc. | $57,000 |
| St. John's Lutheran Church, U. A. C., Rogers City, Michigan | $56,430 |
| Up North 23, Inc. | $53,468 |
| Tulgestka Total Harvesting, Inc. | $53,081 |
| D&M Waterworks, Inc. | $43,338 |
| John's Plumbing & Heating of Rogers City, Inc. | $41,469 |
| Presque Isle Newspapers, Inc. | $37,060 |
| Gauthier & Spaulding Fish Company, LLC | $36,498 |
| S C & J Transport | $28,413 |
| Rogers City Home Furnishings | $26,923 |
| Cory a Budnick Insurance Agency, Inc. | $26,555 |
| Village Mini Mart, Inc. | $25,700 |
| Gide, Inc. | $25,000 |
| Bid /nautical Lanes, Inc. | $24,804 |
| Peace Lutheran Church | $20,285 |
| Scill's Diner, LLC | $19,300 |
| Nowicki Trucking, LLC | $18,905 |
| Rogers City Country Club, Inc. | $18,600 |
| Schleben Forest Products, Inc. | $18,013 |
| HT Industries, LLC | $17,640 |
| Northern Michigan Amusement | $16,250 |
| Ice Cream Lane | $15,000 |
| J. W. Kieliszewski CPA, PC | $14,822 |
| The Engine Shop Northeast, Inc. | $13,606 |
| Lutz's Auto Repair Shop | $12,663 |
| Hawk's Service Center | $12,450 |
| David Bell Agency, Inc. | $12,053 |
| Mcfroede, Inc. | $10,813 |
| C. J. T. & Sons Grain Farms, LLC | $10,737 |
| Rogers City Quick Lube, Inc. | $9,896 |
| Huron Chiropractic | $9,279 |
| Berg Assessing and Consulting, Inc. | $8,347 |
| GGZ EHS Services, LLC | $7,175 |
| Rogers City Area Seniors, Inc. | $5,600 |
| Macomber Consulting Group, LLC | $5,388 |
| Huron Shore Motel, LLC | $4,450 |
| MI Northern Espresso, LLC | $4,250 |
| Presque Isle Athletic Club, LLC | $2,800 |
| Prime Design Distribution the Liquidator, LLC | $2,757 |
| A. C. Washes, Inc. | $2,500 |
| Sharon's Style Isle | $2,220 |
| Kari Ryan Piano | $1,325 |
| Mr. Mustache and Company, LLC | $622 |
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