There were 59 PPP loans issued in Illinois during the week ending July 5. The average loan size in the state was between $150,000 to 350,000.
There are approximately five million approved PPP loans with a total of $517,451,965,102 set aside for funding, according to the Small Business Administration. The average loan size was around $105,000 with over 5,000 lenders currently participating in the program.
The program was slow to get off the ground when it was crushed by an onslaught of would-be applicants. Another major criticism of the program pertained to who was receiving the loans. A program that was meant for small businesses witnessed the Los Angeles Lakers receive $4.6 million from the program. The Lakers qualified for the program under the rules as written but returned the funds according to a Laker’s statement provided to news outlets.
Recipients | Date Received | Dollar Amount Received |
---|---|---|
Lawndale Christian Health Center | 2020-06-29 | $5-10 million |
Galesburg Hospital Corporation | 2020-06-29 | $2-5 million |
Hospice of America, Inc. | 2020-06-29 | $2-5 million |
Hospice of Ohio, LLC | 2020-06-29 | $1-2 million |
Knox Clinic Corporation | 2020-06-29 | $1-2 million |
Bailey Mechanical Corporation | 2020-06-29 | $350,000-1 million |
Elburn Market, Inc. | 2020-06-29 | $350,000-1 million |
Hospice Care of the Northwest, LLC | 2020-06-29 | $350,000-1 million |
Hospice Community Care, LLC | 2020-06-29 | $350,000-1 million |
Lombard Hotel Owner Specialist, LLC | 2020-06-29 | $350,000-1 million |
SRT Express, Inc. | 2020-06-29 | $350,000-1 million |
United States Brass & Copper Company | 2020-06-29 | $350,000-1 million |
URT Keystone, Inc. | 2020-06-29 | $350,000-1 million |
Bijan Corporation | 2020-06-29 | $150,000-350,000 |
Chicago Festival Maintenance, LLC | 2020-06-29 | $150,000-350,000 |
Country Club of Decatur | 2020-06-29 | $150,000-350,000 |
Credit Honor, LLC | 2020-06-29 | $150,000-350,000 |
Henderson Dental Lab | 2020-06-29 | $150,000-350,000 |
Highlander Improvement Company | 2020-06-29 | $150,000-350,000 |
Hospice Care of the Rockies, LLC | 2020-06-29 | $150,000-350,000 |
Hospice Community Care of Nebraska, LLC | 2020-06-29 | $150,000-350,000 |
Lucky Trucking, Inc. | 2020-06-29 | $150,000-350,000 |
Novak International Logistics, Inc. | 2020-06-29 | $150,000-350,000 |
Taurus Auto Group, Inc. | 2020-06-29 | $150,000-350,000 |
The Chicago Foundation for Women | 2020-06-29 | $150,000-350,000 |
URT United Road Towing, Inc. | 2020-06-29 | $150,000-350,000 |
Vortex Manufacturing, Inc. | 2020-06-29 | $150,000-350,000 |
Adeliia Klinkova | 2020-06-30 | $1-2 million |
Bridgeway Senior Living, LLC | 2020-06-30 | $1-2 million |
Roman Klinkov | 2020-06-30 | $1-2 million |
1022 South Shady Grove, LLC | 2020-06-30 | $350,000-1 million |
Alum-I-Tank, Inc. | 2020-06-30 | $350,000-1 million |
Amber Engineering and Manufacturing Company | 2020-06-30 | $350,000-1 million |
Duo Studios, Inc. | 2020-06-30 | $350,000-1 million |
Garth Construction Services Corporation | 2020-06-30 | $350,000-1 million |
Independent Health Resources | 2020-06-30 | $350,000-1 million |
Ruben E. Smith Const. And R&R, Inc. | 2020-06-30 | $350,000-1 million |
Sunrise Tree Company, Inc. | 2020-06-30 | $350,000-1 million |
The Hot Sauce Boss Incorporated | 2020-06-30 | $350,000-1 million |
Always Faithful Dog Training | 2020-06-30 | $150,000-350,000 |
Arteaga Landscapes & Erosion Control, LLC | 2020-06-30 | $150,000-350,000 |
Busch Farms, Ltd. | 2020-06-30 | $150,000-350,000 |
Car Kare, Inc. | 2020-06-30 | $150,000-350,000 |
CMD Conveyor, Inc. | 2020-06-30 | $150,000-350,000 |
Easy Tissues Limited Liability Company | 2020-06-30 | $150,000-350,000 |
Elite Recovery Solutions, Inc. | 2020-06-30 | $150,000-350,000 |
Ernest Ramirez | 2020-06-30 | $150,000-350,000 |
Falcon Green Resources, Inc. | 2020-06-30 | $150,000-350,000 |
Garcia Auto Service | 2020-06-30 | $150,000-350,000 |
Glencoeanimalhospital | 2020-06-30 | $150,000-350,000 |
Kyowa Industrial Company, USA, Ltd. | 2020-06-30 | $150,000-350,000 |
MKH, Inc. | 2020-06-30 | $150,000-350,000 |
Montellwilson, LLC | 2020-06-30 | $150,000-350,000 |
One Time Auto Finance, Inc. | 2020-06-30 | $150,000-350,000 |
Premier Hospitality, LLC | 2020-06-30 | $150,000-350,000 |
Professional Dynamic Network, Inc. | 2020-06-30 | $150,000-350,000 |
Runtime Verification | 2020-06-30 | $150,000-350,000 |
Shark Properties | 2020-06-30 | $150,000-350,000 |
Sternmaid America, LLC | 2020-06-30 | $150,000-350,000 |