| # | Industry | Total Initial Loan | Loans Issued | Average | ||
|---|---|---|---|---|---|---|
| 1 | 336 Transportation Equipment Manufacturing | explore | $577,742,619.70 | 1,038 | $556,592.12 per loan | |
| 2 | 622 Hospitals | explore | $123,207,391.27 | 259 | $475,704.21 per loan | |
| 3 | 326 Plastics and Rubber Products Manufacturing | explore | $266,967,587.96 | 574 | $465,100.33 per loan | |
| 4 | 322 Paper Manufacturing | explore | $65,120,848.21 | 144 | $452,228.11 per loan | |
| 5 | 927 Space Research and Technology | explore | $1,286,955.00 | 3 | $428,985.00 per loan | |
| 6 | 331 Primary Metal Manufacturing | explore | $140,168,485.90 | 336 | $417,168.11 per loan | |
| 7 | 482 Rail Transportation | explore | $5,724,499.15 | 14 | $408,892.80 per loan | |
| 8 | 533 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | explore | $6,638,401.55 | 20 | $331,920.08 per loan | |
| 9 | 332 Fabricated Metal Product Manufacturing | explore | $986,987,574.03 | 3,217 | $306,803.72 per loan | |
| 10 | 623 Nursing and Residential Care Facilities | explore | $414,352,377.63 | 1,365 | $303,554.86 per loan | |
| 11 | 327 Nonmetallic Mineral Product Manufacturing | explore | $121,605,842.63 | 411 | $295,877.96 per loan | |
| 12 | 334 Computer and Electronic Product Manufacturing | explore | $156,291,284.18 | 583 | $268,081.10 per loan | |
| 13 | 337 Furniture and Related Product Manufacturing | explore | $139,981,208.28 | 535 | $261,647.12 per loan | |
| 14 | 237 Heavy and Civil Engineering Construction | explore | $265,785,513.42 | 1,017 | $261,342.69 per loan | |
| 15 | 335 Electrical Equipment, Appliance, and Component Manufacturing | explore | $73,965,402.86 | 286 | $258,620.29 per loan | |
| 16 | 483 Water Transportation | explore | $10,684,083.15 | 43 | $248,467.05 per loan | |
| 17 | 333 Machinery Manufacturing | explore | $848,836,205.64 | 3,421 | $248,125.17 per loan | |
| 18 | 481 Air Transportation | explore | $31,211,012.32 | 128 | $243,836.03 per loan | |
| 19 | 325 Chemical Manufacturing | explore | $135,374,493.47 | 567 | $238,755.72 per loan | |
| 20 | 928 National Security and International Affairs | explore | $1,421,761.50 | 6 | $236,960.25 per loan | |
| 21 | 441 Motor Vehicle and Parts Dealers | explore | $699,512,280.81 | 3,015 | $232,010.71 per loan | |
| 22 | 324 Petroleum and Coal Products Manufacturing | explore | $26,537,104.54 | 116 | $228,768.14 per loan | |
| 23 | 321 Wood Product Manufacturing | explore | $105,397,203.07 | 552 | $190,936.96 per loan | |
| 24 | 316 Leather and Allied Product Manufacturing | explore | $9,160,202.79 | 50 | $183,204.06 per loan | |
| 25 | 511 Publishing Industries (except Internet) | explore | $112,243,095.01 | 644 | $174,290.52 per loan | |
| 26 | 213 Support Activities for Mining | explore | $31,296,133.02 | 180 | $173,867.41 per loan | |
| 27 | 221 Utilities | explore | $43,617,526.55 | 255 | $171,049.12 per loan | |
| 28 | 518 Data Processing, Hosting, and Related Services | explore | $36,774,324.01 | 217 | $169,466.93 per loan | |
| 29 | 493 Warehousing and Storage | explore | $36,441,320.24 | 226 | $161,244.78 per loan | |
| 30 | 712 Museums, Historical Sites, and Similar Institutions | explore | $37,467,147.04 | 246 | $152,305.48 per loan | |
| 31 | 551 Management of Companies and Enterprises | explore | $49,923,940.93 | 329 | $151,744.50 per loan | |
| 32 | 562 Waste Management and Remediation Services | explore | $86,883,670.64 | 580 | $149,799.43 per loan | |
| 33 | 423 Merchant Wholesalers, Durable Goods | explore | $874,663,767.01 | 5,893 | $148,424.19 per loan | |
| 34 | 339 Miscellaneous Manufacturing | explore | $213,343,962.22 | 1,438 | $148,361.59 per loan | |
| 35 | 323 Printing and Related Support Activities | explore | $155,386,939.08 | 1,068 | $145,493.39 per loan | |
| 36 | 311 Food Manufacturing | explore | $168,145,274.69 | 1,286 | $130,750.60 per loan | |
| 37 | 424 Merchant Wholesalers, Nondurable Goods | explore | $321,518,868.29 | 2,627 | $122,390.13 per loan | |
| 38 | 211 Oil and Gas Extraction | explore | $7,337,332.84 | 62 | $118,344.08 per loan | |
| 39 | 721 Accommodation | explore | $332,397,941.48 | 2,891 | $114,976.80 per loan | |
| 40 | 444 Building Material and Garden Equipment and Supplies Dealers | explore | $138,257,366.51 | 1,203 | $114,927.15 per loan | |
| 41 | 312 Beverage and Tobacco Product Manufacturing | explore | $45,351,388.58 | 398 | $113,948.21 per loan | |
| 42 | 238 Specialty Trade Contractors | explore | $1,727,235,530.82 | 15,241 | $113,328.23 per loan | |
| 43 | 313 Textile Mills | explore | $6,760,174.26 | 60 | $112,669.57 per loan | |
| 44 | 525 Funds, Trusts, and Other Financial Vehicles | explore | $15,142,309.25 | 135 | $112,165.25 per loan | |
| 45 | 515 Broadcasting (except Internet) | explore | $21,451,374.34 | 195 | $110,007.05 per loan | |
| 46 | 314 Textile Product Mills | explore | $14,724,682.66 | 139 | $105,932.97 per loan | |
| 47 | 517 Telecommunications | explore | $73,559,153.68 | 696 | $105,688.44 per loan | |
| 48 | 923 Administration of Human Resource Programs | explore | $15,196,531.35 | 147 | $103,377.76 per loan | |
| 49 | 212 Mining (except Oil and Gas) | explore | $17,298,540.85 | 170 | $101,756.12 per loan | |
| 50 | 621 Ambulatory Health Care Services | explore | $1,993,960,703.36 | 20,970 | $95,086.35 per loan | |
| 51 | 924 Administration of Environmental Quality Programs | explore | $1,641,955.00 | 18 | $91,219.72 per loan | |
| 52 | 722 Food Services and Drinking Places | explore | $1,784,777,848.93 | 19,928 | $89,561.31 per loan | |
| 53 | 442 Furniture and Home Furnishings Stores | explore | $87,535,615.04 | 991 | $88,330.59 per loan | |
| 54 | 921 Executive, Legislative, and Other General Government Support | explore | $9,805,569.83 | 112 | $87,549.73 per loan | |
| 55 | 522 Credit Intermediation and Related Activities | explore | $73,145,599.74 | 852 | $85,851.64 per loan | |
| 56 | 611 Educational Services | explore | $321,770,729.18 | 3,761 | $85,554.57 per loan | |
| 57 | 443 Electronics and Appliance Stores | explore | $41,318,580.37 | 487 | $84,843.08 per loan | |
| 58 | 813 Religious, Grantmaking, Civic, Professional, and Similar Organizations | explore | $494,346,887.51 | 5,867 | $84,258.89 per loan | |
| 59 | 541 Professional, Scientific, and Technical Services | explore | $2,498,870,332.27 | 29,928 | $83,496.07 per loan | |
| 60 | 488 Support Activities for Transportation | explore | $138,378,071.49 | 1,720 | $80,452.37 per loan | |
| 61 | 922 Justice, Public Order, and Safety Activities | explore | $19,879,545.69 | 249 | $79,837.53 per loan | |
| 62 | 487 Scenic and Sightseeing Transportation | explore | $6,267,097.04 | 80 | $78,338.71 per loan | |
| 63 | 484 Truck Transportation | explore | $534,407,674.10 | 6,900 | $77,450.39 per loan | |
| 64 | 532 Rental and Leasing Services | explore | $95,790,066.12 | 1,300 | $73,684.67 per loan | |
| 65 | 561 Administrative and Support Services | explore | $1,244,413,183.40 | 16,910 | $73,590.37 per loan | |
| 66 | 624 Social Assistance | explore | $384,565,862.58 | 5,299 | $72,573.29 per loan | |
| 67 | 115 Support Activities for Agriculture and Forestry | explore | $38,283,392.40 | 547 | $69,987.92 per loan | |
| 68 | 236 Construction of Buildings | explore | $767,228,128.63 | 11,359 | $67,543.63 per loan | |
| 69 | 486 Pipeline Transportation | explore | $1,402,449.70 | 21 | $66,783.32 per loan | |
| 70 | 926 Administration of Economic Programs | explore | $6,812,229.26 | 104 | $65,502.20 per loan | |
| 71 | 519 Other Information Services | explore | $27,364,012.89 | 423 | $64,690.34 per loan | |
| 72 | 713 Amusement, Gambling, and Recreation Industries | explore | $206,743,894.32 | 3,268 | $63,263.13 per loan | |
| 73 | 925 Administration of Housing Programs, Urban Planning, and Community Development | explore | $2,910,775.08 | 47 | $61,931.38 per loan | |
| 74 | 445 Food and Beverage Stores | explore | $181,681,852.73 | 3,258 | $55,764.84 per loan | |
| 75 | 811 Repair and Maintenance | explore | $462,090,179.06 | 8,491 | $54,421.17 per loan | |
| 76 | 113 Forestry and Logging | explore | $27,087,122.45 | 512 | $52,904.54 per loan | |
| 77 | 524 Insurance Carriers and Related Activities | explore | $222,141,561.94 | 4,203 | $52,853.10 per loan | |
| 78 | 454 Nonstore Retailers | explore | $76,363,711.78 | 1,488 | $51,319.70 per loan | |
| 79 | 523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities | explore | $91,954,882.49 | 1,877 | $48,990.35 per loan | |
| 80 | 491 Postal Service | explore | $880,866.00 | 19 | $46,361.37 per loan | |
| 81 | 451 Sporting Goods, Hobby, Musical Instrument, and Book Stores | explore | $44,974,197.19 | 974 | $46,174.74 per loan | |
| 82 | 114 Fishing, Hunting and Trapping | explore | $3,733,147.78 | 83 | $44,977.68 per loan | |
| 83 | 315 Apparel Manufacturing | explore | $19,606,741.20 | 455 | $43,091.74 per loan | |
| 84 | 999 | explore | $84,083,216.46 | 1,955 | $43,009.32 per loan | |
| 85 | 531 Real Estate | explore | $440,961,243.60 | 10,383 | $42,469.54 per loan | |
| 86 | 446 Health and Personal Care Stores | explore | $108,654,544.47 | 2,582 | $42,081.54 per loan | |
| 87 | 447 Gasoline Stations | explore | $75,498,134.29 | 1,872 | $40,330.20 per loan | |
| 88 | 521 Monetary Authorities-Central Bank | explore | $39,200.00 | 1 | $39,200.00 per loan | |
| 89 | 112 Animal Production and Aquaculture | explore | $103,528,462.40 | 2,648 | $39,096.85 per loan | |
| 90 | 512 Motion Picture and Sound Recording Industries | explore | $35,373,534.91 | 991 | $35,694.79 per loan | |
| 91 | 453 Miscellaneous Store Retailers | explore | $205,401,109.00 | 6,054 | $33,928.16 per loan | |
| 92 | 425 Wholesale Electronic Markets and Agents and Brokers | explore | $29,791,418.55 | 887 | $33,586.72 per loan | |
| 93 | 111 Crop Production | explore | $239,188,872.30 | 7,169 | $33,364.33 per loan | |
| 94 | 452 General Merchandise Stores | explore | $8,971,313.38 | 278 | $32,270.91 per loan | |
| 95 | 448 Clothing and Clothing Accessories Stores | explore | $130,660,093.37 | 4,868 | $26,840.61 per loan | |
| 96 | 814 Private Households | explore | $5,738,052.16 | 230 | $24,948.05 per loan | |
| 97 | 711 Performing Arts, Spectator Sports, and Related Industries | explore | $120,540,708.58 | 4,895 | $24,625.27 per loan | |
| 98 | 485 Transit and Ground Passenger Transportation | explore | $94,897,977.95 | 4,106 | $23,112.03 per loan | |
| 99 | 812 Personal and Laundry Services | explore | $649,420,218.78 | 29,210 | $22,232.80 per loan | |
| 100 | 492 Couriers and Messengers | explore | $44,176,107.82 | 3,073 | $14,375.56 per loan |
Michigan
loaned
$24.1B
unused
$593.9K
loans
291K
jobs
2.8M
$24,085,437,308.98
99.25% of Michigan
The total amount initially loaned to businesses in these 100 industries by the Payroll Protection Program.
- Total Loaned $23.9B
-
Total Initial Loan
$24B
$131.7M more than amount eventually loaned - Unused $593.9K
287,729
Total number of PPP loans.
Average initially given per loan
average