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PPP loans in Lake County, Michigan

Each amount is what the Small Business Administration approved, as SBA published it, and says nothing more about the borrower. SBA guaranteed 144 Paycheck Protection Program loans for businesses it recorded in Lake County, $15.4 million in all.

Lake County, as of September 30, 2024

$15.4 million
Approved
$15,368,446
0.1% of the $24.1 billion approved in Michigan.
144
Loans
112 first draws and 32 second draws.
95.1%
Forgiven
137 of 144 loans carry a forgiveness amount, $15.3 million in all.
4.9%
Charged off
7 of 144 loans, approved for $140.9 thousand. That is the loans' size, not what SBA lost.

The largest borrowers in Lake County · 2020–21

1 more column on a wider screen

The largest borrowers in Lake County, 2020–21
RankNameUSD
1Three Rivers Corporation, Midland$6.2 million
2Baldwin Family Health Care, Baldwin$3.8 million
3Lake County Care Center, Inc., Baldwin$712.2 thousand
4Bbr Mobile Home Setup, LLC, Reed City$354.8 thousand
5Patrick Ringler, Chase$235.2 thousand
6Peacock Industries, Inc, Baldwin$225.5 thousand
7Peacock Ltd. Of Baldwin, Inc., Baldwin$198.2 thousand
8Stealthcraft Boats, LLC, Baldwin$171.5 thousand
9Stealthcraft Boats, LLC, Baldwin$160.1 thousand
10Northern Michigan Temporary Services, Luther$158.6 thousand
10Northern Michigan Temporary Services Inc., Luther$158.6 thousand
12Rothig Forest Products, Inc, Luther$145.5 thousand
13Na-Tah-Ka, LLC, Irons$135.3 thousand
14Austin Tube Products, Inc., Baldwin$106.3 thousand
15Baldwin True Value, Inc, Baldwin$102.8 thousand
16Na-Tah-Ka South, LLC, Baldwin$97,724
17Club 37 Inc, Baldwin$92,964
18Crossroads Housing, Inc, Chase$91,858
19Richfield Township Bar And Grill, Inc., Saint Helen$89,800
20Alaskas Naknek River Camp, Baldwin$84,932
21Barski LLC, Baldwin$84,175
22Crossroads Housing Inc, Chase$82,500
23Austin Tube Products Inc., Baldwin$66,250
24Peterson's Well Drilling, Irons$61,000
25Northern Star Home Enterprises LLC, Reed City$60,030
26Hex 5 Inc, Baldwin$59,129
27Big River Ventures, LLC, Irons$47,118
28Baldwin Lumber Company, Baldwin$42,697
29The Wenger Agency, Inc., Baldwin$41,807
30Lemay & Hillier L.L.C., Irons$41,800
31Cold River Refrigeration Heating And Cooling, Baldwin$40,012
32Hex 5, Inc., Baldwin$39,670
33Roman Empire Tree, LLC., Irons$37,900
34K & S Corp, Baldwin$32,440
35Gerald Ferguson, Irons$31,571
36Marquette Trails Country Club, Baldwin$30,523
37Wheeler's Wolf Lake Sawmill Inc, Baldwin$30,509
38Joseph Shoemaker, Chase$28,732
39Chase Express, Inc., Chase$28,665
40Johnson Construction Company, Inc, Luther$28,184
41Dave Ghent Jr., Baldwin$24,894
42Nicole Estes, Irons$24,855
43A41 Corporation, Luther$24,553
44Baldwin Bait & Tackle Inc, Baldwin$23,715
44Baldwin Bait & Tackle, Inc., Baldwin$23,715
46Blossom Fairbanks, Irons$23,544
47Sky Guys LLC, Reed City$22,850
48Kenneth Parker, Branch$22,686
49Flanagan Sales & Associates Inc, Irons$22,500
49Flanagan Sales & Associates, Inc, Irons$22,500
51Marne Specialties And Meats LLC, Baldwin$22,462
52Faith Fellowship Church Of Irons, Michigan, Irons$22,085
53Purefab, LLC, Reed City$21,804
54Jones Homemade Ice Cream LLC, Baldwin$21,628
55Knaggs Agency LLC, Luther$21,500
56Michigan Conference Camp Association Of The United Brethren, Luther$20,848
57Chad Springer, Reed City$20,833
58Cameron Miller, Chase$20,833
58Dan Miller, Luther$20,833
58Joan Runnels, Irons$20,833
58Kiree Rollins, Baldwin$20,833
62Brandon Major Kailing, Reed City$20,832
63Irons Animal Hospital, P.L.C, Irons$20,283
64Eric Eliason, Baldwin$20,000
65Marcus Latimer, Idlewild$19,973
66Alternative Heating And Fuel LLC, Baldwin$18,908
67Freedom Auto Repair, LLC, Baldwin$18,888
68Lamoreaux North, Inc., Baldwin$18,342
69A41 Corporation, Luther$17,537
70Thunderbolt Inc, Baldwin$16,775
70Thunderbolt Inc, Baldwin$16,775
72G.E. Johnson Construction, Reed City$16,660
73Consulting Advocacy Resources Education Inc, Baldwin$16,530
74Michigan Conference Camp Association Of The United Brethren, Luther$16,500
75Colecreek LLC, Baldwin$15,514
76Wetherell Land Surveying, LLC, Baldwin$15,400
77Jody Lee Brocker, Chase$14,952
78Miky Resort LLC, Baldwin$14,405
79Pere Marquette River Koa Inc., Branch$14,223
80Curt Libey, Chase$13,747
81Joshua S Kutchinski, Baldwin$13,105
82Travis M. Miller, Luther$13,023
83Fresh Coat Foam LLC, Irons$12,830
84Steven Burns, Irons$11,972
85John Karakashian, Baldwin$11,855
86Aa Collision, Baldwin$11,636
87Nicholas Welch, Luther$11,214
88Majewski Enterprises LLC, Baldwin$10,752
89Total Drive LLC, Luther$10,625
90Baldwin Bowling Center Inc., Baldwin$10,095
91Lil-Bit Transport, LLC, Baldwin$9,900
92Timothy K Webb, Chase$9,800
93Debbie's Sportsmans Lounge Inc, Baldwin$9,376
94Jeremy Shelton, Reed City$9,018
95Matthew Vannatter, Luther$8,957
96Lapointe Farms, Branch$8,900
96Lapointe Farms, Branch$8,900
98Kim Tripp, Baldwin$8,873
99Jack Thornton, Reed City$8,648
100Kyle Hartman, Baldwin$8,491

How the list is drawn

  • 100 of the 127 borrowers ranked in Lake 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 Lake 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