Here Are The Michigan Businesses That Received PPP Loans
The list is available for businesses that received over $150,000.
Almost 20,000 companies in Michigan received money from the Paycheck Protection Program (PPP) in excess of $150,000, and they're all available to search through.
More than 100,000 businesses received PPP loans that were less than $150,000.
Some of the largest amounts dispersed were between $5 and $10 million.
It's a doozy but, if you're curious and you have the time, the full list is below, courtesy of WXYZ-Detroit. The actual list of businesses starts on page 476.
The PPP was supposed to help businesses stay open and/or retain employees during the coronavirus pandemic; however, there has been quite a bit of criticism surrounding it. Some businesses, such as strip clubs, claimed that they were skipped over for consideration based on the nature of their business.
Flint U.S. District Judge Matthew Leitman ruled back in May to issue a preliminary injunction barring the U.S. Small Business Administration from excluding businesses that provide "live performances" of a sexual nature from receiving the loans.
Over one million businesses applied for the PPP. Click HERE to see a list of publicly-held companies who received loans.
More than a dozen companies have vowed to return the money that they were given after a public backlash. You can see that list by clicking HERE.
And, just for fun, here's a list of celebrity-owned businesses who received a loan.
Personally, I'm happy that these records are available from the Treasury Department. It's important to hold the government AND businesses accountable, especially during a pandemic.