Southfield, MI — PPP Loan Data

Southfield, Michigan received 6,560 Paycheck Protection Program loans totaling $582.5M. The average loan in the city was $88,798 — above the national program average of approximately $67,000.

86.6% of loans in Southfield — totaling $547.1M — 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 Southfield were ADVANTAGE CONSULTING AND EDUCATIONAL SERVICES, INC ($10,000,000), EPITEC, INC. ($10,000,000), and HARLEY ELLIS DEVEREAUX CORPORATION ($8,855,300).

The most active industry sector in Southfield was Personal Care Services with 596 loans worth $9.6M, followed by Legal Services (315 loans).

Applicants in Southfield reported retaining 64,500 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.

Southfield 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.