# Industry Loan Purpose - Payroll Loans Issued Average
1 336 Transportation Equipment Manufacturing explore $543,036,632.10 1,038 $523,156.68 per loan
2 622 Hospitals explore $114,521,502.90 259 $442,167.96 per loan
3 326 Plastics and Rubber Products Manufacturing explore $249,272,471.97 574 $434,272.60 per loan
4 322 Paper Manufacturing explore $61,354,217.40 144 $426,070.95 per loan
5 482 Rail Transportation explore $5,681,542.15 14 $405,824.44 per loan
6 331 Primary Metal Manufacturing explore $132,640,743.17 336 $394,764.12 per loan
7 533 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) explore $6,644,268.53 20 $332,213.43 per loan
8 332 Fabricated Metal Product Manufacturing explore $942,183,871.31 3,217 $292,876.55 per loan
9 927 Space Research and Technology explore $869,778.00 3 $289,926.00 per loan
10 623 Nursing and Residential Care Facilities explore $395,428,632.76 1,365 $289,691.31 per loan
11 327 Nonmetallic Mineral Product Manufacturing explore $114,374,661.39 411 $278,283.85 per loan
12 928 National Security and International Affairs explore $1,514,162.19 6 $252,360.36 per loan
13 334 Computer and Electronic Product Manufacturing explore $146,707,946.82 583 $251,643.13 per loan
14 337 Furniture and Related Product Manufacturing explore $132,930,156.45 535 $248,467.58 per loan
15 237 Heavy and Civil Engineering Construction explore $252,307,884.83 1,017 $248,090.35 per loan
16 483 Water Transportation explore $10,550,988.05 43 $245,371.82 per loan
17 335 Electrical Equipment, Appliance, and Component Manufacturing explore $70,163,169.68 286 $245,325.77 per loan
18 333 Machinery Manufacturing explore $810,996,557.12 3,421 $237,064.18 per loan
19 481 Air Transportation explore $29,314,642.61 128 $229,020.65 per loan
20 325 Chemical Manufacturing explore $129,062,547.49 567 $227,623.54 per loan
21 324 Petroleum and Coal Products Manufacturing explore $25,673,333.01 116 $221,321.84 per loan
22 441 Motor Vehicle and Parts Dealers explore $665,560,493.53 3,015 $220,749.75 per loan
23 321 Wood Product Manufacturing explore $102,022,481.20 552 $184,823.34 per loan
24 316 Leather and Allied Product Manufacturing explore $8,950,527.79 50 $179,010.56 per loan
25 213 Support Activities for Mining explore $30,800,290.52 180 $171,112.73 per loan
26 511 Publishing Industries (except Internet) explore $107,771,753.72 644 $167,347.44 per loan
27 221 Utilities explore $41,363,340.19 255 $162,209.18 per loan
28 518 Data Processing, Hosting, and Related Services explore $35,146,323.67 217 $161,964.63 per loan
29 493 Warehousing and Storage explore $33,149,669.59 226 $146,679.95 per loan
30 712 Museums, Historical Sites, and Similar Institutions explore $35,831,324.52 246 $145,655.79 per loan
31 562 Waste Management and Remediation Services explore $83,245,881.07 580 $143,527.38 per loan
32 339 Miscellaneous Manufacturing explore $204,575,739.04 1,438 $142,264.07 per loan
33 423 Merchant Wholesalers, Durable Goods explore $828,754,532.97 5,893 $140,633.72 per loan
34 551 Management of Companies and Enterprises explore $46,044,532.20 329 $139,952.99 per loan
35 323 Printing and Related Support Activities explore $148,409,625.53 1,068 $138,960.32 per loan
36 311 Food Manufacturing explore $161,264,005.64 1,286 $125,399.69 per loan
37 211 Oil and Gas Extraction explore $7,273,596.69 62 $117,316.08 per loan
38 424 Merchant Wholesalers, Nondurable Goods explore $307,308,763.20 2,627 $116,980.88 per loan
39 721 Accommodation explore $324,939,693.10 2,891 $112,396.99 per loan
40 313 Textile Mills explore $6,586,578.24 60 $109,776.30 per loan
41 238 Specialty Trade Contractors explore $1,668,681,398.70 15,241 $109,486.35 per loan
42 444 Building Material and Garden Equipment and Supplies Dealers explore $131,503,914.82 1,203 $109,313.31 per loan
43 312 Beverage and Tobacco Product Manufacturing explore $43,322,690.08 398 $108,850.98 per loan
44 314 Textile Product Mills explore $14,263,642.21 139 $102,616.13 per loan
45 517 Telecommunications explore $69,784,002.92 696 $100,264.37 per loan
46 212 Mining (except Oil and Gas) explore $17,016,606.50 170 $100,097.69 per loan
47 923 Administration of Human Resource Programs explore $14,502,519.78 147 $98,656.60 per loan
48 515 Broadcasting (except Internet) explore $19,063,237.50 195 $97,760.19 per loan
49 621 Ambulatory Health Care Services explore $1,917,069,725.44 20,970 $91,419.63 per loan
50 924 Administration of Environmental Quality Programs explore $1,631,151.00 18 $90,619.50 per loan
51 722 Food Services and Drinking Places explore $1,735,047,476.33 19,928 $87,065.81 per loan
52 522 Credit Intermediation and Related Activities explore $73,085,768.16 852 $85,781.42 per loan
53 442 Furniture and Home Furnishings Stores explore $83,908,023.49 991 $84,670.05 per loan
54 611 Educational Services explore $314,566,827.91 3,761 $83,639.15 per loan
55 443 Electronics and Appliance Stores explore $40,142,790.42 487 $82,428.73 per loan
56 813 Religious, Grantmaking, Civic, Professional, and Similar Organizations explore $476,541,858.92 5,867 $81,224.11 per loan
57 541 Professional, Scientific, and Technical Services explore $2,412,615,255.92 29,928 $80,613.98 per loan
58 922 Justice, Public Order, and Safety Activities explore $19,840,969.44 249 $79,682.61 per loan
59 487 Scenic and Sightseeing Transportation explore $6,323,429.54 80 $79,042.87 per loan
60 921 Executive, Legislative, and Other General Government Support explore $8,662,253.76 112 $77,341.55 per loan
61 488 Support Activities for Transportation explore $131,443,439.39 1,720 $76,420.60 per loan
62 484 Truck Transportation explore $506,046,750.58 6,900 $73,340.11 per loan
63 561 Administrative and Support Services explore $1,207,716,270.20 16,910 $71,420.24 per loan
64 532 Rental and Leasing Services explore $91,623,014.09 1,300 $70,479.24 per loan
65 624 Social Assistance explore $370,236,032.81 5,299 $69,869.04 per loan
66 115 Support Activities for Agriculture and Forestry explore $37,695,372.03 547 $68,912.93 per loan
67 236 Construction of Buildings explore $743,581,242.17 11,359 $65,461.86 per loan
68 926 Administration of Economic Programs explore $6,731,301.77 104 $64,724.06 per loan
69 525 Funds, Trusts, and Other Financial Vehicles explore $8,325,074.98 135 $61,667.22 per loan
70 925 Administration of Housing Programs, Urban Planning, and Community Development explore $2,892,836.08 47 $61,549.70 per loan
71 519 Other Information Services explore $25,885,957.79 423 $61,196.12 per loan
72 713 Amusement, Gambling, and Recreation Industries explore $199,984,350.90 3,268 $61,194.72 per loan
73 486 Pipeline Transportation explore $1,278,866.70 21 $60,898.41 per loan
74 445 Food and Beverage Stores explore $173,424,100.10 3,258 $53,230.23 per loan
75 811 Repair and Maintenance explore $447,622,428.06 8,491 $52,717.28 per loan
76 113 Forestry and Logging explore $26,508,183.57 512 $51,773.80 per loan
77 524 Insurance Carriers and Related Activities explore $211,947,652.44 4,203 $50,427.71 per loan
78 454 Nonstore Retailers explore $74,090,169.90 1,488 $49,791.78 per loan
79 523 Securities, Commodity Contracts, and Other Financial Investments and Related Activities explore $87,560,331.98 1,877 $46,649.08 per loan
80 491 Postal Service explore $835,904.00 19 $43,994.95 per loan
81 451 Sporting Goods, Hobby, Musical Instrument, and Book Stores explore $42,494,758.04 974 $43,629.12 per loan
82 521 Monetary Authorities-Central Bank explore $42,900.00 1 $42,900.00 per loan
83 315 Apparel Manufacturing explore $19,435,668.82 455 $42,715.76 per loan
84 531 Real Estate explore $422,162,393.89 10,383 $40,659.00 per loan
85 446 Health and Personal Care Stores explore $104,489,398.72 2,582 $40,468.40 per loan
86 999 explore $78,730,352.23 1,955 $40,271.28 per loan
87 447 Gasoline Stations explore $73,569,577.88 1,872 $39,299.99 per loan
88 112 Animal Production and Aquaculture explore $99,779,952.64 2,648 $37,681.25 per loan
89 114 Fishing, Hunting and Trapping explore $2,998,911.16 83 $36,131.46 per loan
90 512 Motion Picture and Sound Recording Industries explore $34,756,081.38 991 $35,071.73 per loan
91 453 Miscellaneous Store Retailers explore $199,830,200.01 6,054 $33,007.96 per loan
92 425 Wholesale Electronic Markets and Agents and Brokers explore $28,700,073.59 887 $32,356.34 per loan
93 111 Crop Production explore $229,893,636.29 7,169 $32,067.74 per loan
94 452 General Merchandise Stores explore $8,636,211.39 278 $31,065.51 per loan
95 448 Clothing and Clothing Accessories Stores explore $128,105,299.35 4,868 $26,315.80 per loan
96 711 Performing Arts, Spectator Sports, and Related Industries explore $119,260,548.28 4,895 $24,363.75 per loan
97 485 Transit and Ground Passenger Transportation explore $93,952,088.89 4,106 $22,881.66 per loan
98 812 Personal and Laundry Services explore $632,754,520.62 29,210 $21,662.26 per loan
99 492 Couriers and Messengers explore $44,030,011.56 3,073 $14,328.02 per loan
100 814 Private Households explore $3,230,784.46 230 $14,046.89 per loan
Michigan

loaned
$24.1B

unused
$593.9K

loans
291K

jobs
2.8M

287,729

Total number of PPP loans.

Average payroll allocation per loan
average