The Michigan Paycheck Protection Program (MiPPP) provides small businesses in Michigan COVID-19 relief, giving funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll).

Eligible Businesses: Michigan small businesses with 500 or fewer employees—including nonprofits, veteran organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors— affected by COVID-19 are eligible. Michigan businesses with more than 500 employees are eligible in certain industries.

Application Window: Eligible businesses are able to apply for MiPPP as of April 3, 2020. Businesses are encouraged to apply as quickly as they can because there is a funding cap.

How to Apply: Paycheck Protection Program loans are only available through your local SBA certified bank or credit union. Start by calling your existing bank or credit union, or take a look at our list of financial institutions in Michigan already approved by the SBA. A copy of the application form can be found here, so you can get a head start on the process.

To find more information and apply, visit