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 |
---|---|
Bulk Transport Corporation | $3,270,700 |
Vanair Manufacturing, Inc. | $2,048,400 |
Paladin, Inc. | $1,873,637 |
Jack Hood Transportation, Inc. | $1,665,800 |
Lofted Products, LLC | $1,607,400 |
Third Generation Management, LLC | $1,223,800 |
Laporte County Comprehensive Mental Health Council, Inc. | $1,068,500 |
Job-Site Safety, Ltd. | $883,422 |
General Insurance Services, Inc. | $765,100 |
Bosak Motors of Michigan City, LLC | $738,500 |
Pathology Consultants, Inc. | $707,337 |
Michigan City Paper Box Company | $623,100 |
Midwest Metal Products, Inc. | $622,205 |
Palko Distributing | $603,500 |
Sammann Company, Inc. | $595,671 |
Marquiss Electric, Inc. | $579,200 |
St. Andrews Products Company | $571,703 |
Sanlo, Inc. | $562,215 |
RPS, Inc. | $529,610 |
Castle Ford-Lincoln, LLC | $519,484 |
R L Roofing | $496,942 |
Helping Hands in Home Care, Inc. | $481,700 |
D. Martin Enterprises, Inc. | $448,200 |
Bosak Motors Laporte County, LLC | $433,500 |
Taylor Automotive, Inc. | $425,900 |
Marquette Catholic High School | $417,800 |
Harbour Trust & Investment Management Company | $378,669 |
Serviscape, LLC | $369,922 |
Triplex Plating Company, Inc. | $363,398 |
CLH, P.C. | $360,300 |
Stranco, Inc. | $350,952 |
B & E Marine, Inc. | $343,212 |
Harrison Electric, Inc. | $341,438 |
Meyer Glass & Mirror Company, Inc. | $340,200 |
Security Incorporated | $338,200 |
Midwest Wheelcoaters, LLC | $330,700 |
Lighthouse Industries, Inc. | $323,500 |
Michigan City Brewing Company, Inc. | $322,332 |
D & M Excavating, Inc. | $318,500 |
Sager Metal Strip Company, LLC | $293,500 |
Cadence Environmental Energy, Inc. | $290,785 |
First Class Mill Services, Inc. | $287,500 |
Dunebrook, Inc. | $280,700 |
Frech U S a, Inc. | $275,800 |
Queen of All Saints Catholic Church | $269,500 |
Tmack, Inc. | $268,202 |
Fleet Parts and Maintenance, LLC | $249,869 |
Rowley & Company, LLP | $247,500 |
Ancillary Services, Inc. | $240,555 |
Michigan City Animal Hospital | $224,505 |
Notre Dame Church | $213,900 |
R&e Pallets, Inc. | $210,300 |
Tom & Zee Hunt, Inc. | $203,275 |
Michigan City Motors, Inc. | $202,280 |
Advanced Communications, Inc. | $197,400 |
Inspection Services, LLC | $195,092 |
North Central Community Actions Agencies | $186,362 |
Laporte Company Convention & Visitors Bureau | $184,970 |
Apex Filing Systems, LLC | $183,400 |
Current Electric, Inc. | $182,704 |
TC of Michigan City, Inc. | $181,300 |
Haviland-Callan, Inc. | $174,761 |
Haas & Associates | $172,537 |
Weber Family Dentistry, LLC | $162,800 |
St., Stanislaus Kostka Parish | $159,800 |
LP Wing It, LLC | $158,214 |
LMNJC, Inc. | $158,140 |
Laporte County Anesthesia Associates, LLC | $157,737 |
Flip 3064, Inc. | $155,565 |
Scholl Dairy Company, Inc. | $150,449 |
Pioneer Lumber, Inc. | $146,400 |
Applegate & Company, PC | $140,197 |
AFS Company | $139,869 |
Powerdrive, LLC | $139,200 |
Pottawattomie Country Club, Inc. | $137,035 |
Pagels-Kelley Enterprises, LLC | $136,297 |
Leeds Public House, Inc. | $136,077 |
Freezing Systems and Service, Inc. | $133,300 |
Benson Oral Surgery and Dental Implants | $132,840 |
PFC of Michigan City, Inc. | $132,158 |
Lisa Leniski MSD LLC D.D.S. | $131,465 |
Sharp N All, Inc. | $129,500 |
Road to Life Church, Inc. | $129,000 |
R-N-D Enterprise, Inc. | $127,862 |
Custom Compressor Services Corporation | $125,875 |
Northwoods. Construction, LLC | $122,280 |
Freshwater Partners, LLC | $118,905 |
Global Land Surveying, LLC | $118,697 |
Bridges | $117,497 |
Williams West & Witt's Products Company | $115,800 |
Galveston Steakhouse, Inc. | $114,490 |
Lincoln Pediatrics, PC | $113,525 |
Naturally Wood, Incorporated | $111,396 |
Pyramid Metallizing, LLC | $109,600 |
MC QSR Corporation | $109,053 |
Tamara Eaton P. C., D.D.S. | $107,300 |
Sandusky-Chicago Abrasive Whee | $105,000 |
Orrico Foundation Dentistry, PC | $104,845 |
BWVR, LLC | $102,462 |
Miller's Construction Services, Inc. | $101,500 |