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.
Top 100 largest PPP loans in 2020 in ZIP Code 48226
| Name of Borrower | Current Approved Amount |
|---|---|
| Miller, Canfield, Paddock and Stone, P.L.C. | $7,824,600 |
| Marketing Associates, LLC | $7,199,700 |
| PMA Consultants, LLC | $4,393,600 |
| Duravent, Inc. | $4,038,500 |
| Butzel Long, a Professional Corporation | $3,996,000 |
| Bodman, PLC | $3,884,800 |
| Kitch Drutchas Wagner Valitutti and Sherbrook, P.C. | $3,576,500 |
| DFM Solutions, LLC | $3,390,700 |
| Sachse Construction and Development Company | $3,184,199 |
| Archdiocese of Detroit | $2,830,655 |
| 1 Way Service, Inc. | $2,362,388 |
| Metro-West Appraisal Company, LLC | $2,215,000 |
| International Market Place, Inc. | $2,140,000 |
| Destination Media, Inc. | $1,995,000 |
| Marx Consulting Group, LLC | $1,911,500 |
| Detroit Employment Solutions Corporation | $1,751,600 |
| Kerr, Russell and Weber, PLC | $1,712,339 |
| Giffels-Webster Engineers, Inc. | $1,550,200 |
| P. I. E. Management, LLC | $1,501,200 |
| International Bancard Corporation | $1,439,840 |
| Ascent Cloud, LLC | $1,389,800 |
| Michigan Opera Theatre | $1,339,724 |
| Avanti Press, Inc. | $1,288,200 |
| Rossetti, Inc. | $1,191,634 |
| Norr, LLC | $1,090,432 |
| Pontchartrain Detroit Hotel, LLC | $953,125 |
| Walter Proia | $932,500 |
| Mckeen & Associates, PC | $910,000 |
| Autobooks, Inc. | $840,332 |
| Detroit Thermal, LLC | $793,600 |
| Integral Software, Inc. | $749,400 |
| Accretive Capital, LLC | $700,100 |
| American Roads, LLC | $700,000 |
| Hamtramck Energy Services | $689,300 |
| Atheneum Hotel Corporation | $650,400 |
| Forefront Healthcare, LLC | $625,504 |
| Johnson Law, PLC | $600,480 |
| Motorcity Solar Energy, Inc. | $590,900 |
| RTL Development Company, LLC | $584,928 |
| Hamilton Anderson Associates, Inc. | $560,200 |
| Pegasus Greektown, Inc. | $540,800 |
| Ama Molto Hospitality, LLC | $517,098 |
| Total Solutions Incorporated | $473,300 |
| Kraemer Design, LLC | $472,632 |
| Mort Crim Communications, Inc. | $465,000 |
| Synergy Solutions, LLC | $455,742 |
| Barris, Sott, Denn & Driker, P.LLC | $446,000 |
| Downtown Detroit Partnership | $437,500 |
| Premier Group Associates, LC | $437,300 |
| Health Management Systems, Inc. | $435,500 |
| Arive -Sba Small 7a Term, LLC | $434,652 |
| Texas DE Brazil Detroit Corporation | $410,780 |
| The Elwood Corporation | $409,135 |
| Roast Detroit | $387,098 |
| Thirteen01 Restaurant Group, LLC | $373,500 |
| Zolman Restoration, LLC | $361,119 |
| Waymark, Inc. | $360,300 |
| Real Times of Illinois, Inc. | $359,812 |
| Lewis & Munday, P.C. | $350,390 |
| 400 Monroe Associates, LLC | $349,100 |
| Detroit Management Corporation | $348,400 |
| Metco Services, Inc. | $346,748 |
| Detroit CBD Hotel, LLC | $334,967 |
| Detroit Justive Center | $334,427 |
| Detroit Renewable Energy, LLC | $334,000 |
| Metropolitan Hotel Partners, LLC | $325,000 |
| Pemc, LLC | $317,250 |
| Morrey's Contracting | $317,133 |
| Budco Financial Services, LLC | $316,400 |
| Sigma Associates, Inc. | $315,797 |
| The Republic Tavern, Inc. | $313,500 |
| Maru Detroit, LLC | $308,114 |
| Blake, Kirchner, Symonds, Larson, Kennedy & Smith, P.C. | $301,635 |
| Beanstalk Property Solutions, LLC | $297,142 |
| Lovasco Consulting Group | $294,500 |
| Besa Partners, LLC | $288,740 |
| Didio Design, LLC | $287,977 |
| Diversified Chemical Technologies Operating Company | $287,929 |
| August Pask Partners, LLC | $286,640 |
| Invensity, Inc. | $282,500 |
| Hello Innovation, Inc. | $282,300 |
| Employ Intelligence, Inc. | $274,725 |
| The Old Shillelagh, LLC | $272,400 |
| Ottenwess, Taweel & Schenk, PLC | $271,952 |
| Galux, LLC | $268,050 |
| AMC Detroit, Inc. | $266,000 |
| The Heat and Warmth Fund | $263,215 |
| Whitney Partners, LLC | $258,535 |
| Laboredge, LLC | $257,800 |
| Woodward Avenue Market, LLC | $256,900 |
| Allen Brothers, PLLC | $253,500 |
| Berry Moorman Professional Corporation | $251,200 |
| KSJC Enterprises, Inc. | $250,000 |
| Sobania, Inc. | $247,400 |
| Odyssey Ventures, LLC | $243,900 |
| 1st City, LLC | $240,632 |
| Heritage Management Services, Inc. | $238,957 |
| Tharp Grand Trunk, Inc. | $234,125 |
| Checker Bar, Inc. | $234,100 |
| Tony & Dean Holdings, LLC | $233,750 |
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