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PPP loans in Gratiot County, Michigan

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 1,201 Paycheck Protection Program loans for businesses it recorded in Gratiot County, $78.9 million in all.

Gratiot County, as of September 30, 2024

$78.9 million
Approved
$78,857,012
0.3% of the $24.1 billion approved in Michigan.
1,201
Loans
958 first draws and 243 second draws.
97.8%
Forgiven
1,175 of 1,201 loans carry a forgiveness amount, $78.2 million in all.
1.1%
Charged off
13 of 1,201 loans, approved for $184.9 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Gratiot County · 2020–21

The largest borrowers in Gratiot County, 2020–21
RankNameUSDLoans
1Alma College, Alma$4.2 million1
2Michigan Masonic Home, Alma$4.1 million1
3Bader & Sons Co., Saint Louis$2.6 million1
4Plasti-Paint Inc., Saint Louis$1.6 million1
5Avalon & Tahoe Mfg Inc, Alma$1.5 million1
6Medler Electric Company, Alma$1.5 million1
7Apex Marine Inc, Saint Louis$1.4 million1
7Apex Marine, Inc., Saint Louis$1.4 million1
9Plasti-Paint, Inc., Saint Louis$1.3 million1
10Medler Electric Company Employee Stock Ownership Plan And Tr, Alma$1.1 million1
11Great Lakes Petroleum Transportation LLC, Alma$1.1 million1
12Smith Management & Consulting LLC, Breckenridge$1.0 million1
13Smith Management & Consulting, LLC, Breckenridge$1.0 million1
14Legend Manufacturing, Inc., Alma$922.2 thousand1
15Aircraft Precision Products Inc, Ithaca$879.3 thousand1
15Aircraft Precision Products, Inc., Ithaca$879.3 thousand1
17E.B. Ridge Dairy, LLC, Middleton$758.4 thousand1
18Alma Tire Service Inc, Alma$720.5 thousand1
19Alma Products Holdings Inc, Alma$714.5 thousand1
20Superior Management Group Inc, Alma$697.2 thousand1
20Superior Management Group, Inc., Alma$697.2 thousand1
22Powell Fabrication & Manufacturing LLC, Saint Louis$637.0 thousand1
23Trident Manufacturing LLC, Ithaca$606.7 thousand1
24Powell Fabrication And Manufacturing LLC, Saint Louis$590.0 thousand1
25Trident Manfacturing, LLC, Ithaca$586.2 thousand1
26Orchard Lake Investments Associates, DBA Ashley Care Center, Ashley$528.3 thousand1
27Tandem Specialized Inc, Saint Louis$516.2 thousand1
28Drb Transport, Alma$514.0 thousand1
29Craig Frames Inc, Ithaca$480.8 thousand1
30Double Eagle Dairy, Inc, Middleton$477.3 thousand1
31Dufrene Machinery Esop, Ithaca$459.2 thousand1
31Dufrene Machinery Inc, Ithaca$459.2 thousand1
33Seals, Tacia And Bartz, O.D., P.C., Alma$454.6 thousand1
34Mibelloon Dairy LLC, Saint Louis$452.0 thousand1
35Alpha Custom Extrusions Inc, Saint Louis$432.4 thousand2
36Rocking Heifer, LLC, Middleton$413.6 thousand1
37Jer-Den Plastics Inc, Saint Louis$407.0 thousand1
38Seals, Tacia And Bartz, O.D., P.C., Alma$390.5 thousand1
39Abc Fastener Group Inc, Alma$374.1 thousand1
40Wheeler Dairy, LLC, Breckenridge$356.3 thousand1
41Roslund Prestage & Company Pc, Alma$353.9 thousand1
42De Saegher Dairy, Inc, Middleton$352.1 thousand1
43Brink's Machine Company Inc, Alma$339.8 thousand2
44Alma Family Practice, Pc, Alma$330.5 thousand1
45Scotland Transportation LLC, Alma$323.0 thousand1
46Maverick Environmental Equipment LLC, Alma$321.0 thousand1
47Betten Baker Alma Inc, Alma$310.3 thousand1
48Vanderploeg Holsteins LLC, Ithaca$297.2 thousand1
49Jeffrey Smith MD Pc, Alma$295.6 thousand1
50Jeffrey Smith MD Pc, Alma$295.5 thousand1
51De Saegher Cattle, LLC, Middleton$292.6 thousand1
52Momentum Industries Inc, Saint Louis$290.6 thousand2
53Mgh Auto LLC, Alma$289.9 thousand1
54Mcs Investment Group, LLC, Saint Louis$284.6 thousand1
55Maverick Environmental Equipment LLC, Alma$284.5 thousand1
56Scotland Transportation, LLC, Alma$280.8 thousand1
57Family Health Psychiatric And Counseling Center, P.C., Alma$266.8 thousand1
58Wassenaar Frutiger Moeggenborg DDS PLLC, Alma$255.7 thousand1
59Wassenaar Frutiger & Moeggenborg DDS PLLC, Alma$255.6 thousand1
60Liquipak Corporation, Alma$248.2 thousand1
61Trinity Truck And Trailer Service LLC, Ithaca$240.9 thousand1
62Putman Dental PLLC, Ithaca$232.5 thousand1
62Putman Dental PLLC, Ithaca$232.5 thousand1
64Premier Components, Inc., Alma$226.8 thousand1
65Cmg-Alma Inc, Alma$215.6 thousand2
66Avery Vision Center Pc, St Johns$214.5 thousand1
67Duane Lalone Inc, Alma$209.5 thousand1
68Whitmore Operations, Inc., Ithaca$208.7 thousand1
69Vanderploeg Holsteins Ii, LLC, Ithaca$208.0 thousand1
70Rls Limited, Breckenridge$205.6 thousand1
71Hooks Farms, Breckenridge$200.8 thousand1
72Alma Autosales Company, Inc, Alma$197.0 thousand1
73Bellingar Packing, Ashley$195.0 thousand1
74Scotland Oil Co. Inc., Alma$193.4 thousand1
75J McGill Trucking Inc, Sumner$186.2 thousand1
76Scotland Oil Co. Inc., Alma$185.3 thousand1
77Pat's Auto Inc, Saint Louis$184.8 thousand1
78Van Loon Farms, LLC, Saint Louis$184.4 thousand1
79Merchant Excavating Inc, Alma$181.2 thousand1
80Wonsey Tree Service, Inc., Alma$179.3 thousand1
81Bebow Dairy Farms Inc., Saint Louis$177.0 thousand1
82Prism Medical Associates P.C., Alma$175.9 thousand1
82Prism Medical Associates P.C., Alma$175.9 thousand1
84Pure Environmental Services Inc, Elwell$175.2 thousand1
85Pure Environmental Services Inc., Elwell$175.2 thousand1
86Cf LLC, Ithaca$171.8 thousand1
86Cf, LLC, Ithaca$171.8 thousand1
88Burford Plumbing & Heating LLC, Ithaca$171.6 thousand2
89Pats Auto Inc, Saint Louis$163.0 thousand1
90Mid Michigan Neurology, Alma$162.5 thousand1
90Mid Michigan Neurology Center, PLLC, Alma$162.5 thousand1
92Joseph R Yacisen Do Pc, Alma$162.1 thousand1
93Production Machining Of Alma, Alma$162.1 thousand1
93Production Machining Of Alma Inc, Alma$162.1 thousand1
95Riverdale Feed & Grain, Riverdale$161.2 thousand1
96Alice's Wonderland Inc, Alma$157.0 thousand2
97Ithaca Physical Therapy Inc, Ithaca$155.0 thousand2
98Timco-10 Inc., Ithaca$150.6 thousand1
99K & M Insurance Holdings LLC, Alma$145.5 thousand1
100Bob Bissell Trucking LLC, Saint Louis$145.1 thousand1

How the list is drawn

  • 100 of the 1,117 borrowers ranked in Gratiot 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 Gratiot 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