Sterling heights, MI — PPP Loan Data

Sterling heights, Michigan received 3,337 Paycheck Protection Program loans totaling $341.5M. The average loan in the city was $102,347 — above the national program average of approximately $67,000.

90.9% of loans in Sterling heights — totaling $335.7M — 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 Sterling heights were INTERNATIONAL INDUSTRIAL CONTRACTING CORPORATION ($8,434,349), THE MACOMB GROUP, INC. ($8,297,200), and S&A SOLUTIONS, INC. ($4,702,300).

The most active industry sector in Sterling heights was Personal Care Services with 244 loans worth $4.4M, followed by Accommodation and Food Services (186 loans).

Applicants in Sterling heights reported retaining 37,880 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.

Sterling heights 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.