There were 61 PPP loans issued in Illinois during the week ending June 7. 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 |
---|---|---|
Avant, LLC | 2020-06-01 | $5-10 million |
Fast Sandwich Holdings, Inc. | 2020-06-01 | $1-2 million |
S. R. Barnum, Inc. | 2020-06-01 | $350,000-1 million |
Alex Delivery Corporation | 2020-06-01 | $150,000-350,000 |
Alphabet Learning Center, Inc. | 2020-06-01 | $150,000-350,000 |
Amer-I-Can Enterprise, Inc. | 2020-06-01 | $150,000-350,000 |
Ameridream Fence & Deck, Inc. | 2020-06-01 | $150,000-350,000 |
DE Salu Naturals Company | 2020-06-01 | $150,000-350,000 |
Elevate Abroad, LLC | 2020-06-01 | $150,000-350,000 |
Forest Printing Company | 2020-06-01 | $150,000-350,000 |
Marmarita Trucking, Inc. | 2020-06-01 | $150,000-350,000 |
Midwest Lighting, Inc. | 2020-06-01 | $150,000-350,000 |
PR Express, Inc. | 2020-06-01 | $150,000-350,000 |
S&S Financial Services and Transportation, Inc. | 2020-06-01 | $150,000-350,000 |
C Acitelli Heating & Piping Contractors, Inc. | 2020-06-02 | $350,000-1 million |
Monroe County Electric Cooperative, Inc. | 2020-06-02 | $350,000-1 million |
Rich Harvest Farms Company | 2020-06-02 | $350,000-1 million |
Breedlove Sporting Goods, Inc. | 2020-06-02 | $150,000-350,000 |
Dulaneyland, Inc. | 2020-06-02 | $150,000-350,000 |
Lee Trucking | 2020-06-02 | $150,000-350,000 |
Nate Jones Foundation, Inc. | 2020-06-02 | $150,000-350,000 |
Xpedite Logistics, Inc. | 2020-06-02 | $150,000-350,000 |
New Age Elder Care, Inc. | 2020-06-03 | $1-2 million |
Admiral Theatre, Inc. | 2020-06-03 | $350,000-1 million |
Aperion Care Fairfield, LLC | 2020-06-03 | $350,000-1 million |
Sara Trading, Inc. | 2020-06-03 | $350,000-1 million |
Allied Services Group, Inc. | 2020-06-03 | $150,000-350,000 |
Aperion Care Mascoutah, LLC | 2020-06-03 | $150,000-350,000 |
DCC & Associates Corporation | 2020-06-03 | $150,000-350,000 |
Ego Kulture, LLC | 2020-06-03 | $150,000-350,000 |
Eli Bridge Company | 2020-06-03 | $150,000-350,000 |
Inspired by Design, LLC | 2020-06-03 | $150,000-350,000 |
Presnell Brothers, Inc. | 2020-06-03 | $150,000-350,000 |
Roy's Paving & Sealcoating Company | 2020-06-03 | $150,000-350,000 |
Ty Transportation, Inc. | 2020-06-03 | $150,000-350,000 |
Vincennes Villa Condominium Association | 2020-06-03 | $150,000-350,000 |
Wellness Massage, LLC | 2020-06-03 | $150,000-350,000 |
Braviant Holdings, LLC | 2020-06-04 | $1-2 million |
S. C. D. Consulting, Inc. | 2020-06-04 | $350,000-1 million |
Community Investors Network, LLC | 2020-06-04 | $150,000-350,000 |
Energy Transport USA, Inc. | 2020-06-04 | $150,000-350,000 |
Hills Family Drug Center, Inc. | 2020-06-04 | $150,000-350,000 |
Housing Opportunities & Maintenance for the Elderly, Inc. | 2020-06-04 | $150,000-350,000 |
Margaret's Village | 2020-06-04 | $150,000-350,000 |
Msid US, Inc. | 2020-06-04 | $150,000-350,000 |
Sachem Foods, Inc. | 2020-06-04 | $150,000-350,000 |
Soul Food 2 Go 2, Inc. | 2020-06-04 | $150,000-350,000 |
Tony Russell Entertainment | 2020-06-04 | $150,000-350,000 |
Palos Electric Company, Inc. | 2020-06-05 | $1-2 million |
Concrete Systems, Inc. | 2020-06-05 | $350,000-1 million |
Enterprise Business Management, Inc. | 2020-06-05 | $350,000-1 million |
Excelerate Healthcare Services, LLC | 2020-06-05 | $350,000-1 million |
Five Star Transport, Inc. | 2020-06-05 | $350,000-1 million |
Lucky Lincoln Gaming, LLC | 2020-06-05 | $350,000-1 million |
MPDV USA, Inc. | 2020-06-05 | $350,000-1 million |
Pearl of Naperville, LLC | 2020-06-05 | $350,000-1 million |
Frankfort Machine and Tool | 2020-06-05 | $150,000-350,000 |
Littleton Claims Service, Inc. | 2020-06-05 | $150,000-350,000 |
Rlfself Capital Investment, LLC | 2020-06-05 | $150,000-350,000 |
Lakota 04, Inc. | 2020-06-07 | $150,000-350,000 |
Midwest Home Care Services, Inc. | 2020-06-07 | $150,000-350,000 |