Slotkin Announces Over 112,000 8th District Jobs Retained Through PPP Loans

Press Release

HOLLY, Michigan ---- U.S. Representative Elissa Slotkin (MI-08) announced today that the Paycheck Protection Program (PPP) helped 8th district businesses retain over 112,300 jobs, according to estimates based on data published by the Small Business Administration (SBA). Over 9,200 8th district businesses benefited from the program, with a total of over 800 million dollars going to businesses in the district since the program was enacted in March, according to the SBA.

Slotkin has taken an aggressive approach in advocating for Michigan small businesses during the COVID-19 crisis, holding multiple live question-and-answer sessions for 8th district small business owners, and co-sponsoring the bipartisan PPP Flexibility Act, legislation passed into law last month that made it easier for small businesses to access forgivable PPP loans.

"Michigan businesses have shown tremendous fortitude during this crisis, and while we have a lot more to do to help families get through this tough time, our district retained over 112,300 jobs at over 9,200 businesses through entrepreneurs' hard work and help from PPP loans," Slotkin said. "These loans have been a lifeline for our businesses, and I encourage every small business who hasn't already to apply for a PPP loan before the August 8th deadline."

Slotkin voted to enact the PPP through the bipartisan CARES Act in March, to provide forgivable loans to small businesses impacted by the COVID-19 crisis. Small business owners can learn more about the PPP by contacting their lender or by finding a PPP lender through the SBA website.

The data shows that the PPP helped retain 43,878 jobs in Ingham County, 43,054 in North Oakland County, and 25,443 in Livingston County.

Below is a non-exhaustive breakdown of jobs retained in municipalities across the 8th district:

Brighton -- 13,144
Clarkston -- 7,318
Dansville -- 222
Davisburg -- 807
East Lansing -- 8,618
Fowlerville -- 1,072
Hamburg -- 262
Hartland -- 1,240
Haslett -- 859
Holly -- 2,596
Holt -- 2,459
Howell -- 8,284
Lake Orion -- 4,978
Lansing -- 20,438
Leonard -- 152
Mason -- 2,150
Meridian Charter Twp. -- 133
Oakland Twp. -- 748
Okemos -- 5,180
Orion Twp. -- 516
Ortonville -- 833
Oxford -- 3,447
Pinckney -- 901
Rochester -- 8,093
Rochester Hills -- 13,327
Stockbridge -- 330
Webberville -- 852
Williamston -- 2,118

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