Pontiac, MI — PPP Loan Data

Pontiac, Michigan received 2,470 Paycheck Protection Program loans totaling $136.5M. The average loan in the city was $55,275 — above the national program average of approximately $67,000.

76.6% of loans in Pontiac — totaling $125.8M — 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 Pontiac were LEE CONTRACTING, INC. ($7,538,500), GONZALEZ PRODUCTION SYSTEMS INC ($4,625,000), and M.U.E., INC. ($2,922,825).

The most active industry sector in Pontiac was Personal Care Services with 431 loans worth $7.2M, followed by Services to Buildings and Dwellings (268 loans).

Applicants in Pontiac reported retaining 12,847 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.

Pontiac 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.