The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may 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.
Name of Borrower | Current Approved Amount |
---|---|
Expert Mechanical Services, Inc. | $617,057 |
Ecorse Machinery Sales & Rebuilders, Inc. | $582,700 |
Douglas Electric Company | $508,733 |
Wyandotte Electric Supply Company, Inc. | $421,145 |
I. I. Industries | $240,000 |
F&a Operations, LLC | $229,500 |
Temperature Control Heating & Air Conditioning, Inc. | $229,200 |
Rise Above Entertainment, LLC | $226,032 |
118 Sycamore Street, LLC | $208,900 |
KDI Kitchens, Inc. | $200,000 |
Wow Concepts, LLC | $193,300 |
MK Painting, Inc. | $175,500 |
Detroit Architectural Group, Inc. | $165,145 |
Riney Electric | $154,169 |
Great Lakes Pharmacy, LLC | $150,000 |
Ernesto Magdaleno-Guzman | $147,693 |
Lake Shore Services, Inc. | $146,408 |
R P Mcmurphy's | $131,868 |
Crisel II, Inc. | $130,627 |
TSG Holdings, LLC | $130,055 |
Czopek Funeral Home | $129,595 |
D. A. Home Improvements, Inc. | $128,615 |
Advantage Home Care, Inc. | $126,500 |
Daniel Benson, D.D.S. | $126,066 |
Nakad 646 Biddle, LLC | $118,646 |
KS Management, Inc. | $115,911 |
Baydoun Restaurant Group, LLC | $107,643 |
Great Lakes Physical Medicine and Rehabilitation | $106,413 |
The Silver Shores, Inc. | $104,342 |
Jeremy M Bezzo PC, D.D.S. | $98,200 |
Balbir Gandhi P. C., M.D. | $96,680 |
Radiance Home Care, LLC | $94,786 |
MMC Company, LLC | $88,876 |
JK Blue 2, LLC | $87,661 |
SS Graphics, Inc. | $85,417 |
Cara Middleton | $83,556 |
Wyandotte Pharmacy, Inc. | $80,692 |
Rickles Entertainment, LLC | $77,000 |
The Chelsea Group I, LLC | $76,600 |
Les C. Braverman, P.C. | $75,000 |
Cap Collet & Tool Company, Inc. | $74,350 |
Midway Marina | $72,300 |
Michael Reichow | $71,017 |
Mark Glovis | $66,285 |
J. Finazzo Construction Company, Inc. | $63,750 |
KS Landscaping, LLC | $61,323 |
Corporate Mall Services, Inc. | $60,000 |
Granzeier and Blankenship, PLC | $59,700 |
A&J Realty Holdings, LLC | $59,100 |
Dynamic System Solutions, LLC | $58,527 |
St. Vincent Pallotti Parish | $57,350 |
KS Property Maintenance, Inc. | $55,963 |
Wyandotte Optical, P.C. | $55,672 |
Wyandotte Beer Company, LLC | $55,600 |
Thomas Roberts Architect, LLC | $54,745 |
Sarnacki& Associates Architects, Inc. | $52,943 |
Pro-Excavation, Inc. | $52,348 |
Groat Bros Auto Supply, Inc. | $47,909 |
PT Plus Therapeutic Resources, Inc. | $47,500 |
J. A. V. X2, Inc. | $46,550 |
Oscar's Cement, LLC | $45,342 |
Down River Scrap Iron & Metal Company | $44,300 |
Thomas J Cole Company, Inc. | $42,966 |
New Dimensions Enterprize, Inc. | $42,900 |
Wyandotte Family Dental, PLLC | $40,990 |
Vince Palazzolo Photography, LLC | $39,200 |
First United Methodist Church | $37,800 |
Vita Alastra | $37,200 |
AMP Group, LLC | $37,148 |
Dotte Pub, Inc. | $37,100 |
Hanna & Associates, LLC | $36,014 |
Lyons Den Enterprises, Inc. | $35,770 |
Thomas Messer Limousine Service, Inc. | $34,985 |
Thimmiah Ramesh P. C, M.D. | $34,900 |
Roza & Marjan, Inc. | $34,440 |
Joe's Rite Way Auto and Truck Repair, Inc. | $34,277 |
Alormar Industries, LLC | $33,410 |
Wyandotte Urgent Care Clinic, PLLC | $33,377 |
Mcquiston Motors | $33,300 |
Paul Longton | $32,353 |
A. B. Milkins Company Wyandotte | $31,270 |
G. D. Celia, Inc. | $30,750 |
Symon Enterprises, LLC | $30,650 |
Great Lakes Pain Management P. C., M.D. | $30,472 |
Tire Traxx 3, LLC | $30,250 |
Desean White | $29,165 |
Singal&singalm. D., P.C. | $28,555 |
Hair Lab Detroit, Inc. | $28,500 |
Michigan Antique Preservation Company | $28,400 |
All Pro Home Improvements, LLC | $27,145 |
Urban Lanes, Inc. | $26,100 |
Wyandotte Petroleum, Inc. | $26,000 |
B Wery, Inc. | $25,060 |
The Fighting Fit | $25,000 |
Belicoso Cafeinc. | $24,500 |
Fourth Space, LLC | $24,178 |
Attar Enterprises, Inc. | $24,100 |
Pmam, Inc. | $23,300 |
Coastal Thai Corporation, Inc. | $23,050 |
TMX2 Enterprises, Inc. | $22,934 |