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PPP loans in Grand Traverse County, Michigan

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 3,697 Paycheck Protection Program loans for businesses it recorded in Grand Traverse County, $349.3 million in all.

Grand Traverse County, as of September 30, 2024

$349.3 million
Approved
$349,260,176
1.4% of the $24.1 billion approved in Michigan.
3,697
Loans
2,724 first draws and 973 second draws.
97.4%
Forgiven
3,602 of 3,697 loans carry a forgiveness amount, $347.5 million in all.
1.4%
Charged off
52 of 3,697 loans, approved for $2.6 million. That is the loans' size, not what SBA lost.

The largest borrowers in Grand Traverse County · 2020–21

1 more column on a wider screen

The largest borrowers in Grand Traverse County, 2020–21
RankNameUSD
1Hospitality Syracuse, Inc., Traverse City$6.8 million
2Interlochen Center For The Arts, Interlochen$6.0 million
3Bill Marsh Automotive Group, Inc., Traverse City$3.5 million
4Century Inc, Traverse City$3.0 million
5Skilled Manufacturing, Inc., Traverse City$2.7 million
6Britten, Inc., Traverse City$2.5 million
7Serra Traverse City LLC, Traverse City$2.2 million
8Schmidt Real Estate, Inc., Traverse City$2.2 million
9Britten Inc, Traverse City$2.0 million
9Skilled Manufacturing Inc., Traverse City$2.0 million
11Hospitality Memphis, Inc., Traverse City$2.0 million
12Rjg Technologies Inc., Traverse City$1.8 million
13Russ' Steamer Service, LLC, Traverse City$1.8 million
14Tentcraft, Inc., Traverse City$1.7 million
15Magnum Hospitality Inc., Williamsburg$1.6 million
16Shoreline Fruit, LLC, Traverse City$1.6 million
17North Bay Produce, Inc., Traverse City$1.5 million
18Natural Gas Compression Systems Inc, Traverse City$1.5 million
19Shoreline Power Services, Inc., Williamsburg$1.5 million
20Grand Traverse Area Catholic Schools, Traverse City$1.4 million
21Northwest Michigan Surgery Center LLC, Traverse City$1.4 million
22Tran Tek Automation Corp., Traverse City$1.4 million
23Oleson's Foods, Inc., Traverse City$1.4 million
24Hospitality Tennessee, Inc., Traverse City$1.3 million
25Cherryland Electric Cooperative, Grawn$1.3 million
26The Grand Traverse Bay Young Men's Christian Association, Traverse City$1.3 million
27Great Lakes Orthopaedic Center, P.C., Traverse City$1.3 million
28Dental Clinics North, Traverse City$1.2 million
29Williams Chevrolet, Inc., Traverse City$1.2 million
30Great Lakes Mechanical Systems, Inc., Traverse City$1.2 million
31Asgard Enterprises, Inc., Traverse City$1.2 million
32Tran Tek Automation Corp., Traverse City$1.2 million
33Village Press Inc, Traverse City$1.1 million
33Village Press Inc., Traverse City$1.1 million
35Summit 38Th Street Restaurant LLC, Traverse City$1.1 million
36Clark Manufacturing, Traverse City$1.1 million
37Clark Manufacturing Company, Traverse City$1.1 million
38Qsdg Manufacturing LLC, Traverse City$1.1 million
38Qsdg Manufacturing, LLC, Traverse City$1.1 million
40Cherry Central Cooperative, Inc, Traverse City$994.4 thousand
41Electro-Optics Technology, Inc., Traverse City$989.4 thousand
42Grand Traverse Plastics Corporation, Williamsburg$971.6 thousand
43Grand Traverse Plastics Corporation, Williamsburg$955.9 thousand
44Grand Traverse Opthamology, Traverse City$932.9 thousand
45Efulfillment Service, Inc., Traverse City,$927.3 thousand
46Teter Orthotics And Prosthetics, Inc., Traverse City$926.0 thousand
46Teter Othotics & Prosthetics Inc., Traverse City$926.0 thousand
48Magnum Hospitality, Inc., Williamsburg$921.1 thousand
49Grand Traverse Ophthalmology Clinic P.C., Traverse City$909.9 thousand
50Summerside Properties LLC, Traverse City$897.9 thousand
51Botsg, Inc., Traverse City$895.0 thousand
52Casciano Traverse City, Inc., Traverse City$883.0 thousand
53Gosling Czubak Engineering Sciences, Inc., Traverse City$875.0 thousand
54Dennis, Gartland & Niergarth Management Pc, Traverse City$865.0 thousand
55Great Lakes Wellhead Inc, Grawn$856.4 thousand
56H. Cox & Son, Inc., Traverse City$849.0 thousand
57West Bay Exploration Company, Traverse City$820.0 thousand
58The Lighthouse - Traverse City, LLC, Kingsley$815.1 thousand
59Sheren Plumbing & Heating, Inc., Traverse City$812.4 thousand
60Boone's Long Lake Inn, Inc., Traverse City$802.6 thousand
61R. M. Young Company, Traverse City$802.5 thousand
62Thirlby Automotive, Inc., Traverse City$798.6 thousand
63Molon Excavating Inc., Traverse City$797.7 thousand
64Molon Excavating, Inc., Traverse City$797.6 thousand
65West Front Primary Care P.L.L.C, Traverse City$779.8 thousand
65West Front Primary Care P.L.L.C., Traverse City$779.8 thousand
67Delamar Hotel & Resort LLC, Traverse City$764.2 thousand
68Child Family Services Of Nw Mi, Inc., Traverse City$757.1 thousand
69Advanced Energy LLC, Traverse City$756.0 thousand
69Advanced Energy, LLC, Traverse City$756.0 thousand
71Gtp Franchising LLC, Traverse City$740.3 thousand
72Great Lakes Environmental Center, Inc., Traverse City$737.4 thousand
73Oryana Food Cooperative, Inc., Traverse City$710.3 thousand
74Northwestern Michigan Emergency Physicians Pc, Traverse City$709.2 thousand
75Chateau Operations, Ltd, Traverse City$702.5 thousand
76Rlk Investments, Inc., Traverse City$700.0 thousand
77Tc Foods Inc., Traverse City$699.9 thousand
78Corporate Settlement Solutions, LLC, Traverse City$698.7 thousand
79Grand Traverse Radiologists, P.C., Traverse City$698.1 thousand
80Grand Traverse Radiologists Pc, Traverse City$698.1 thousand
81Great Lakes Trim, Inc., Williamsburg$678.6 thousand
82Bob's Furnace Service Inc., Traverse City$672.1 thousand
82Bob's Furnace Service, Inc., Traverse City$672.1 thousand
84Great Lakes Trim Inc., Williamsburg$666.4 thousand
85Summerside Properties, LLC, Traverse City$661.7 thousand
86Great Lakes Stainless, Inc., Traverse City$661.4 thousand
86Great Lakes Stainless, Inc., Traverse City$661.4 thousand
88Plascon, Inc., Traverse City$659.7 thousand
89Addiction Treatment Services Inc, Traverse City$642.2 thousand
90Grand Traverse Machine Co., Traverse City$638.6 thousand
90Grand Traverse Machine Company, Traverse City$638.6 thousand
92Northwest Senior Resources, Inc, Traverse City$624.7 thousand
93Traverse City Products LLC, Traverse City$609.7 thousand
94Traverse City Products, Inc., Traverse City$609.7 thousand
95Grand Traverse Project, Inc., Traverse City$594.8 thousand
96Grand Traverse Women's Clinic PLLC, Traverse City$593.0 thousand
97Summit Petroleum Company LLC, Traverse City$592.8 thousand
97Summit Petroleum Company,, Traverse City$592.8 thousand
99Leave It To Dan LLC, Traverse City$591.5 thousand
100Springfield Inc., Kingsley$587.3 thousand

How the list is drawn

  • 100 of the 3,592 borrowers ranked in Grand Traverse 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 Grand Traverse 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.

Sources

Data retrieved