Detroit, MI — PPP Loan Data

Detroit, Michigan received 32,985 Paycheck Protection Program loans totaling $1.33B. The average loan in the city was $40,379 — below the national program average of approximately $67,000.

74.2% of loans in Detroit — totaling $1.15B — 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 Detroit were IDEAL CONTRACTING L.L.C. ($10,000,000), MIDWEST STEEL, INC ($10,000,000), and CRAIN COMMUNICATIONS INC. ($10,000,000).

The most active industry sector in Detroit was Personal Care Services with 6,010 loans worth $96.2M, followed by Services to Buildings and Dwellings (2,249 loans).

Applicants in Detroit reported retaining 134,745 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.

Detroit 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.