There were 65 PPP loans issued in Illinois during the week ending June 14. 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 |
---|---|---|
Chestnut Mountain SKI Resort, LLC | 2020-06-08 | $350,000-1 million |
Deines-Nitz Solutions, LLC | 2020-06-08 | $350,000-1 million |
Gutnicki, LLP | 2020-06-08 | $350,000-1 million |
Kitamura Machinery of U. , Inc. , S.A. | 2020-06-08 | $350,000-1 million |
Honey Butter Fried Chicken, LLC | 2020-06-08 | $150,000-350,000 |
Midwest Property Services, Inc. | 2020-06-08 | $150,000-350,000 |
New Einsteins-Ravenswood, Inc. | 2020-06-08 | $150,000-350,000 |
Owens Supply Company, LLC | 2020-06-08 | $150,000-350,000 |
Purcell & Wardrope | 2020-06-08 | $150,000-350,000 |
Saint Germain Foundation | 2020-06-08 | $150,000-350,000 |
VG Auto, Inc. | 2020-06-08 | $150,000-350,000 |
General Grind and Machine, Inc. | 2020-06-09 | $1-2 million |
Go to Logistics, Inc. | 2020-06-09 | $1-2 million |
Widman, Inc. | 2020-06-09 | $1-2 million |
HCI Marketing, LLC | 2020-06-09 | $350,000-1 million |
NGP Condata, LLC | 2020-06-09 | $350,000-1 million |
Bowman & Associates, Inc. | 2020-06-09 | $150,000-350,000 |
Hyde Park Produce, Ltd. | 2020-06-09 | $150,000-350,000 |
Vive! Therapeutic Massage, LLC | 2020-06-09 | $150,000-350,000 |
Rochelle Community Hospital Association | 2020-06-10 | $1-2 million |
Alloy Mechanical, Inc. | 2020-06-10 | $350,000-1 million |
Dao Inky, LLC | 2020-06-10 | $350,000-1 million |
Johannes Bus Service, Inc. | 2020-06-10 | $350,000-1 million |
Professional Services in Health Psychology, Ltd. | 2020-06-10 | $350,000-1 million |
Area Material, Inc. | 2020-06-10 | $150,000-350,000 |
Divine Covenant World Ministries, Inc. | 2020-06-10 | $150,000-350,000 |
Elgin Entertainment, Inc. | 2020-06-10 | $150,000-350,000 |
Global Capital Resources Corporation | 2020-06-10 | $150,000-350,000 |
Greg Walker Adjustments, Inc. | 2020-06-10 | $150,000-350,000 |
Lemont Scrap Processing, Ltd. | 2020-06-10 | $150,000-350,000 |
Wright-Way Rescue | 2020-06-10 | $150,000-350,000 |
and Company Chicago Catering, Inc. , D.O. | 2020-06-11 | $2-5 million |
Labor Solutions, LLC | 2020-06-11 | $1-2 million |
Aperion Care Capitol, LLC | 2020-06-11 | $350,000-1 million |
Aperion Care Marseilles, LLC | 2020-06-11 | $350,000-1 million |
Aperion Care Morton Villa, LLC | 2020-06-11 | $350,000-1 million |
Aperion Care Peoria Heights, LLC | 2020-06-11 | $350,000-1 million |
Aperion Care West Chicago, LLC | 2020-06-11 | $350,000-1 million |
M-1 Tool Works, Inc. | 2020-06-11 | $350,000-1 million |
Adams and People | 2020-06-11 | $150,000-350,000 |
Aloha Construction, Inc. | 2020-06-11 | $150,000-350,000 |
Chicago Jewish Funerals | 2020-06-11 | $150,000-350,000 |
Clay Electric Cooperative, Inc. | 2020-06-11 | $150,000-350,000 |
Clevenger Contractors, Inc. | 2020-06-11 | $150,000-350,000 |
Parkside, Inc. | 2020-06-11 | $150,000-350,000 |
USA Trans Group, Inc. | 2020-06-11 | $150,000-350,000 |
United Maintenance Company, Inc. | 2020-06-12 | $5-10 million |
United Security Services, Inc. | 2020-06-12 | $2-5 million |
Regal Cutting Tools, Inc. | 2020-06-12 | $1-2 million |
UZB Freight, Inc. | 2020-06-12 | $1-2 million |
Yg-1 America, Inc. | 2020-06-12 | $1-2 million |
Anova Logistics, LLC | 2020-06-12 | $350,000-1 million |
RCM Company-Op | 2020-06-12 | $350,000-1 million |
Systemsaccountants, Inc. | 2020-06-12 | $350,000-1 million |
Accounting Care Organization | 2020-06-12 | $150,000-350,000 |
Arena Lanes | 2020-06-12 | $150,000-350,000 |
Brand Riffs, Inc. | 2020-06-12 | $150,000-350,000 |
CS Express, Inc. | 2020-06-12 | $150,000-350,000 |
Dalv, Inc. | 2020-06-12 | $150,000-350,000 |
N the Ruff, Inc. | 2020-06-12 | $150,000-350,000 |
Rock Island Supportive Living, LLC | 2020-06-12 | $150,000-350,000 |
Visions, LLC | 2020-06-12 | $150,000-350,000 |
Wheaton Medical School | 2020-06-12 | $150,000-350,000 |
Finished Metals, Inc. | 2020-06-13 | $150,000-350,000 |
Gap Global, Inc. | 2020-06-14 | $150,000-350,000 |