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The following projects have been approved by the Michigan Strategic Fund.
The Report was last updated on Jun 7, 2023.
DBMA Owosso, LLC and Barrister Brewing Co, LLC - Performance Based Grant
| Approval Date: | May 5, 2023 |
|---|---|
| Location: | Owosso |
| Project Investment: | Up to $704,061 |
| Projected Jobs: | 9 |
| Projected Award Amount: | Up to $557,387 |
Hotel Ventures Manistee, LLC - Performance Based Other Economic Assistance
| Approval Date: | Apr 25, 2023 |
|---|---|
| Location: | Manistee |
| Project Investment: | Up to $27.60 million |
| Projected Jobs: | 45 |
| Projected Award Amount: | Up to $2.00 million |
McClellan Realty, LLC - Performance Based Grant
| Approval Date: | Mar 28, 2023 |
|---|---|
| Location: | Sault Ste Marie |
| Project Investment: | Up to $4.25 million |
| Projected Jobs: | 14 |
| Projected Award Amount: | Up to $1.50 million |
Bogan Developments, LLC - Performance Based Grant
| Approval Date: | Mar 28, 2023 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $3.54 million |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $1.08 million |
Albion Reinvestment Corporation and OZB Phase I, LLC - Performance Based Grant
| Approval Date: | Mar 28, 2023 |
|---|---|
| Location: | Albion |
| Project Investment: | Up to $7.91 million |
| Projected Jobs: | 8 |
| Projected Award Amount: | Up to $1.50 million |
Albion Reinvestment Corporation and OZB Phase I, LLC - Performance Based Loan
| Approval Date: | Mar 28, 2023 |
|---|---|
| Location: | Albion |
| Project Investment: | Up to $9.41 million |
| Projected Jobs: | 8 |
| Projected Award Amount: | Up to $2.38 million |
MCP Properties, LLC - Performance Based Grant
| Approval Date: | Mar 21, 2023 |
|---|---|
| Location: | Calumet |
| Project Investment: | Up to $413,778 |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $324,000 |
Otter Lake Developments LLC - Performance Based Grant
| Approval Date: | Mar 11, 2023 |
|---|---|
| Location: | Otter Lake |
| Project Investment: | Up to $304,650 |
| Projected Jobs: | 6 |
| Projected Award Amount: | Up to $263,600 |
WB Vacation Properties, LLC - Performance Based Grant
| Approval Date: | Mar 3, 2023 |
|---|---|
| Location: | Ionia |
| Project Investment: | Up to $679,005 |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $405,000 |
120 E. Superior, LLC - Performance Based Grant
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Alma |
| Project Investment: | Up to $2.78 million |
| Projected Jobs: | 4 |
| Projected Award Amount: | Up to $1.50 million |
Keweenaw Cooperative, Inc. - Performance Based Grant
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Hancock |
| Project Investment: | Up to $0 |
| Projected Jobs: | 17 |
| Projected Award Amount: | Up to $1.44 million |
Howard Property Partners, LLC - Performance Based Grant
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Petoskey |
| Project Investment: | Up to $2.23 million |
| Projected Jobs: | 6 |
| Projected Award Amount: | Up to $1.45 million |
Uptown Reinvestment Corporation, Inc. - Performance Based Grant
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $39.38 million |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $0 |
Uptown Reinvestment Corporation, Inc. -
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $0 |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $7.00 million |
3131 Biddle Redevelopment, LLC - Performance Based Other Economic Assistance
| Approval Date: | Feb 28, 2023 |
|---|---|
| Location: | Wyandotte |
| Project Investment: | Up to $9.73 million |
| Projected Jobs: | 60 |
| Projected Award Amount: | Up to $1.56 million |
AWJ Holdings, LLC - Performance Based Loan
| Approval Date: | Jan 24, 2023 |
|---|---|
| Location: | Dewitt |
| Project Investment: | Up to $4.87 million |
| Projected Jobs: | 3 |
| Projected Award Amount: | Up to $2.27 million |
Five Penny Properties, LLC and Ideal Furnace Properties LLC - Performance Based Grant
| Approval Date: | Jan 19, 2023 |
|---|---|
| Location: | Milan |
| Project Investment: | Up to $995,238 |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $595,000 |
Harrison Investment Properties LLC - Performance Based Grant
| Approval Date: | Jan 8, 2023 |
|---|---|
| Location: | Sturgis |
| Project Investment: | Up to $535,000 |
| Projected Jobs: | 4 |
| Projected Award Amount: | Up to $479,000 |
16530 East Warren, LLC - Performance Based Grant
| Approval Date: | Dec 13, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $0 |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $1.50 million |
The Beauton, LLC - Performance Based Grant
| Approval Date: | Dec 13, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $5.60 million |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $1.50 million |