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PPP loans in Benzie County, Michigan

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 438 Paycheck Protection Program loans for businesses it recorded in Benzie County, $32.1 million in all.

Benzie County, as of September 30, 2024

$32.1 million
Approved
$32,067,973
0.1% of the $24.1 billion approved in Michigan.
438
Loans
338 first draws and 100 second draws.
98.4%
Forgiven
431 of 438 loans carry a forgiveness amount, $32.3 million in all.
1.6%
Charged off
7 of 438 loans, approved for $80.3 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Benzie County · 2020–21

1 more column on a wider screen

The largest borrowers in Benzie County, 2020–21
RankNameUSD
1Crystal Enterprises, Inc., Thompsonville$3.1 million
2Graceland Fruit Inc, Frankfort$3.0 million
3Graceland Fruit Inc, Frankfort$2.0 million
4Crystal Lake Clinic Pc, Benzonia$1.7 million
5Crystal Lake Clinic, Pc, Benzonia$1.6 million
6Luedtke Engineering Company, Frankfort$1.2 million
7Luedtke Engineering Company, Frankfort$1.2 million
8The Smeltzer Companies, Inc., Frankfort$857.4 thousand
9Jst, Inc., Benzonia$442.0 thousand
10Biotech Agronomics, Inc, Beulah$437.4 thousand
11The Cherry Hut L.L.C., Beulah$388.5 thousand
12Gillison's Variety Fabrication, Inc., Benzonia$341.1 thousand
13Watson Benzie, LLC, Benzonia$319.4 thousand
14Sleeping Bear Apiaries, Ltd, Beulah$304.5 thousand
15Frankfort Manufacturing Inc., Frankfort$297.8 thousand
15Frankfort Manufacturing, Inc., Frankfort$297.8 thousand
17Aj's Excavating, LLC, Honor$295.6 thousand
18Honor Hardware & Building Supply, Inc., Honor$295.0 thousand
19Britten Woodworks, Inc, Interlochen$294.7 thousand
20Britten Woodworks, Inc, Interlochen$294.6 thousand
21Three Speed Ales LLC, Frankfort$292.2 thousand
22Cs Development Inc., Frankfort$211.9 thousand
23Three Speed Ales LLC, Frankfort$210.0 thousand
24Benzie Senior Resources, Honor$184.5 thousand
25Lake Ann Baptist Camp, Inc., Lake Ann$164.5 thousand
26MacDonald Marine, Inc., Frankfort$163.7 thousand
27West Michigan Home Care Inc., Benzonia$160.4 thousand
28The Roadhouse Inc., Benzonia$157.8 thousand
29Third Coast Dental Group PLLC, Frankfort$153.9 thousand
30Glompers LLC, Elberta$151.5 thousand
31Cs Development, Inc., Frankfort$151.3 thousand
32Molon Asphalt, Inc., Interlochen$149.3 thousand
33Dinghy's LLC, Frankfort$145.2 thousand
34The Arthur K LLC, Frankfort$133.1 thousand
35Iron Fish Distillery, LLC, Thompsonville$129.5 thousand
36The Inn At Watervale Inc., Arcadia$119.1 thousand
36The Inn At Watervale,Inc, Arcadia$119.1 thousand
38Crystalaire Camp Inc., Frankfort$118.9 thousand
39Thomas Classroom & Modulars LLC., Frankfort$117.7 thousand
39Thomas Classroom & Modulars, LLC, Frankfort$117.7 thousand
41Lucky Dog Bar And Grille LLC, 223 S Benzie Blvd$115.4 thousand
42The Cottage Pros, LLC, Beulah$113.7 thousand
43The Roadhouse, Inc., Benzonia$112.7 thousand
44Ltd Construction Incorporated, Lake Ann$112.5 thousand
45The Cottage Pros LLC, Beulah$109.6 thousand
46Raravita LLC, Honor$99,245
47Precision Collision Of Frankfort, L.L.C., Frankfort$99,000
48Crygar, LLC, Frankfort$97,432
49Korr Enterprises, Inc., Honor$96,606
50The Arthur K, LLC, Frankfort$95,077
51Assisted Living Solutions Inc, Frankfort$93,287
52Honor Collision Services LLC, Beulah$92,764
53Abramson Family Dentistry, PLLC, Beulah$87,500
54C.C.I. Lounge Inc., Beulah$87,200
55Assisted Living Solutions, Inc, Frankfort$86,642
56Lucky Dog Bar And Grille LLC, Beulah$85,294
57Frankfort A & W Inc, Frankfort$84,780
58R.A. Macrae Frankfort Inc., Frankfort$84,700
58R.A. Macrae Frankfort Inc., Frankfort$84,700
60Five Shores Brewing LLC, Beulah$83,800
61Glen Lake Electric, Inc., Honor$83,500
62Eswm, Inc., Frankfort$83,490
62Max & Mason's LLC, Frankfort$83,490
64Betsie River Veterinary Clinic, Pc, Benzonia$80,900
65Nugent Ace Hardware, Inc., Benzonia$77,145
66Hotel Frankfort, LLC, Frankfort$75,330
67Progressive Ventures, Inc., Thompsonville$75,175
68Lisa M Musgrave DDS PLLC, Beulah$73,355
68Lisa M Musgrave DDS PLLC, Beulah$73,355
70Gillison Excavating Inc, Benzonia$72,800
71The Stone Oven LLC, Lake Ann$72,032
72Plumstead P.C., Frankfort$71,700
73Xpert Fulfillment, Inc., Benzonia$71,000
74Stapleton's Corner Market LLC, Benzonia$70,267
74Stapleton's Corner Market, LLC, Benzonia$70,267
76Abramson Family Dentistry PLLC, Beulah$69,800
77Jesse L Williams PLLC, Benzonia$68,500
78Employment Solutions Inc. Wm, Frankfort$66,055
79Gillison Excavating, Inc., Benzonia$64,716
80Machugh Enterprises LLC, Honor$64,400
81Platte River Inn LLC, Honor$64,059
82Max & Mason's LLC, Frankfort$64,055
83Gwen Frostic Prints, Benzonia$62,840
84Victoria's Floral Design Inc., Benzonia$62,835
85Muan, Inc., Frankfort$62,385
86C.C.I. Lounge, Inc., Beulah$62,300
87Benzie Manufacturing LLC, Frankfort$62,120
88Narrow Gauge Management Corp., Beulah$61,355
89Tebo-Danes LLC, Beulah$61,300
90Mason Construction Inc., Beulah$60,977
90Mason Construction, Inc., Beulah$60,977
92Nye Plumbing & Heating Co, Inc., Benzonia$60,970
93Michigan Legacy Art Park, Thompsonville$60,200
94Rtg Electric LLC, Lake Ann$60,186
95All Rooter Inc., Interlochen$57,890
96G.C.H. Company Inc., Frankfort$57,700
96G.C.H. Company, Inc., Frankfort$57,700
98Glen Lake New Life Church Of The Nazarene, Lake Ann$57,406
99Farmer Storage Company, Frankfort$57,200
100Nmt Of Honor Inc, Honor$56,553

How the list is drawn

  • 100 of the 425 borrowers ranked in Benzie County are listed: every one ranked in the top 100, with ties. Borrowers approved the same amount share a rank, so the list can be longer than 100.
  • A borrower is ranked here when SBA recorded its first loan in Benzie County. Its amount is summed over every loan it was approved, a first draw, a second or both, and is not what was forgiven or repaid, which each borrower’s page shows loan by loan.

Related

Sources

Data retrieved