The Paycheck Protection Program (PPP) provides loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors or self-employed individuals may qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
| Name of Borrower | Current Approved Amount |
|---|---|
| Hercules Forwarding, Inc. | $4,125,400 |
| Pride Restaurants, LLC | $2,037,200 |
| Falls Mechanical Insulation, Inc. | $1,758,985 |
| Henry Bros Company | $1,642,500 |
| Smart Choice Mobile, Inc. | $1,354,700 |
| Everest Snow Management, Inc. | $585,767 |
| Utility and IND Construction Company | $405,445 |
| Correll Company | $353,700 |
| MTM Trans, Inc. | $343,308 |
| Hickory Nursing Pavilion, Inc. | $338,360 |
| St. Patricia Church | $277,470 |
| Tac Construction, Inc. | $252,902 |
| G & K Baking, LLC | $252,398 |
| Spectrum Midwest, Inc. | $240,200 |
| Chateau Del Mar, Inc. | $238,000 |
| ARC 1 Electric, Inc. | $233,788 |
| J & R 1st in Asphalt, Inc. | $226,000 |
| Lopez and Son'S, Inc. | $225,445 |
| Benevolent Caregivers, Inc. | $225,089 |
| Mia Francesca Corporation | $223,500 |
| Par Towing Incorporated | $219,893 |
| Roofing Solutions, LLC | $189,100 |
| TNT Deals, Inc. | $179,400 |
| Irish Castle Company, Inc. | $177,400 |
| Prime Time Restaurant and Bar Corporation | $151,082 |
| Mobility Systems and Solutions, Inc. | $150,000 |
| Best Maids, Inc. | $146,950 |
| Cervantes Transport, Inc. | $146,250 |
| Proform Technologies, Inc. | $145,365 |
| Gardner Eye Care | $130,865 |
| Starlight Express Coaches, Inc. | $130,000 |
| Rocky Trucking of Illinois, Inc. | $124,715 |
| Hoefferle-Butler Engineering, Inc. | $116,740 |
| 95th Produce Market, Ltd. | $113,023 |
| Accurate Translation Bureau | $112,740 |
| Anchor Church Palos | $112,441 |
| Hickory Properties, Inc. | $111,250 |
| Pit Boss Rib House, Inc. | $109,985 |
| Velasquez Automatic Music Company, Inc. | $109,855 |
| Tom Demo Crestwood, Inc. | $104,130 |
| Oar Management, Inc. | $99,096 |
| Kevron Printing & Design, Inc. | $98,450 |
| Tom Demo, Inc. | $97,062 |
| Complex Network Solutions, Inc. | $93,750 |
| The Bullet Transport, Inc. | $87,500 |
| Cit Trading Corporation | $86,220 |
| Cadore-Miller Printing, Inc. | $79,375 |
| Prestige Home Healthcare, Inc. | $77,340 |
| Hickory West INN, Inc. | $75,068 |
| Achiever III, Inc. | $72,657 |
| South Chicago Orthopedic Specialists, S. C. | $71,930 |
| Family Vision Center, Inc. | $70,175 |
| Midwest Specialty Metals, Inc. | $65,083 |
| Oz Transportation, Inc. | $62,500 |
| LA Guerita, Inc. | $61,311 |
| Straight Line Erectors II, Inc. | $60,537 |
| Redhorse Performance, Inc. | $59,750 |
| Classic Chair Covers | $55,000 |
| Simona Ziliute Ltd., D.D.S. | $55,000 |
| Advanced Neuroscience Innovation | $54,660 |
| Xando, Inc. | $50,167 |
| Family Law Associates, Ltd. | $48,078 |
| S & S Lab Management, Inc. | $45,685 |
| Elite Laser, Inc. | $45,552 |
| Strada Logistics, LLC | $43,333 |
| Kipta Insurance & Financial Services, Inc. | $42,100 |
| Michael Buss Architects, Ltd. | $40,875 |
| Les Hickory Hills Restaurant, Inc. | $40,792 |
| M R G Automotive, LLC | $40,000 |
| Vito and Nicks II Hickory Hills, Inc. | $37,918 |
| Chicago City Distributors, Inc. | $37,510 |
| Hickory Dental, Inc. | $35,420 |
| Camelot Elegant Banquets, Inc. | $35,000 |
| Janosik Banquet, Inc. | $34,472 |
| Hickory Hills Dental Center, Ltd. | $33,572 |
| Irma Idolina, Inc. | $31,081 |
| Montrose Colors, Inc. | $30,700 |
| Thomas W Lynch, PC | $30,160 |
| Arif Samee Chartered, D.D.S. | $30,100 |
| AL Walaa Bakery, Inc. | $28,513 |
| Comfort Temp, Inc. | $28,300 |
| Taxpert & Real Estate Company | $26,038 |
| Karyn Vanderwarren Attorney at Law | $25,092 |
| MCQ Construction, Inc. | $25,000 |
| James M Kardelis CPA, Inc. | $24,375 |
| The Crossing 111 Sports Bar & Grill | $22,500 |
| Karriage Incorporated | $22,500 |
| D. L. Dubois & Associates, Ltd. | $22,500 |
| Gary Bukovsky State Farm Insurance | $20,940 |
| Rasmya Awadallah | $20,833 |
| IBT Services, Inc. | $20,833 |
| Suha Taiseer Alkam | $20,833 |
| Mohammad Bani Nasr | $20,833 |
| Ihab Ibrahim | $20,833 |
| Qudsiya Irfan | $20,833 |
| Suha Taiseer Alkam | $20,833 |
| Chicago Commercial Plumbing and Heating Supply, LLC | $20,833 |
| Lazar Bogev | $20,832 |
| Rahaf | $20,832 |
| Issa Awadallah | $20,832 |
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