Ann arbor, MI — PPP Loan Data

Ann arbor, Michigan received 5,322 Paycheck Protection Program loans totaling $580.2M. The average loan in the city was $109,021 — above the national program average of approximately $67,000.

95.9% of loans in Ann arbor — totaling $571.1M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Ann arbor were AMERICAN EAGLE LIFECARE CORPORATION ($7,554,400), LOCATION SERVICES, LLC ($5,793,261), and MCKINLEY COMPANIES, LLC ($5,626,000).

The most active industry sector in Ann arbor was Accommodation and Food Services with 412 loans worth $57.7M, followed by Management, Scientific, and Technical Consulting Services (284 loans).

Applicants in Ann arbor reported retaining 67,389 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Ann arbor is part of Michigan, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.