Grand rapids, MI — PPP Loan Data

Grand rapids, Michigan received 11,191 Paycheck Protection Program loans totaling $1.61B. The average loan in the city was $143,460 — above the national program average of approximately $67,000.

92.4% of loans in Grand rapids — totaling $1.58B — 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 Grand rapids were PRIDGEON & CLAY, INC. ($10,000,000), HOPE NETWORK ($10,000,000), and FEYEN-ZYLSTRA LLC ($10,000,000).

The most active industry sector in Grand rapids was Personal Care Services with 701 loans worth $18.5M, followed by Accommodation and Food Services (592 loans).

Applicants in Grand rapids reported retaining 162,047 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.

Grand rapids 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.