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 |
---|---|
Freightbull, Inc. | $1,333,512 |
Freeway Ford Sterling Truck Sales, Inc. | $815,305 |
Atlas Tool & Die Works, Inc. | $804,310 |
U. S. P. Trans, Inc. | $804,266 |
Jack Phelan Chevrolet, Inc. | $762,400 |
Major Appliance Service, Inc. | $356,628 |
Roadstar Logistics, Inc. | $304,117 |
Roofs, Inc. | $302,714 |
Black Dog Petroleum | $300,400 |
Keen Edge Company, Inc. | $298,630 |
AGPD Paving | $272,878 |
Lupfer Landscaping, Inc. | $262,500 |
D & D Freight, Inc. | $192,205 |
Bond Brothers & Company | $170,967 |
Lyons Cold Storage, LLC | $168,232 |
Industrial Service Products, LLC | $168,000 |
Nikamy, LLC | $151,235 |
Fuller'S Auto Body, Inc. | $135,600 |
Midland Metal Recycling, Inc. | $134,598 |
ART Crystal II Enterprises, Inc. | $131,097 |
New V5 Group | $130,305 |
Fraser Construction, Inc. | $120,372 |
Buell Manufacturing Company | $120,127 |
Insurance Agents Company-Operative, Inc. | $117,539 |
Specialty Sales, LLC | $99,500 |
Case Lots, Inc. | $97,748 |
Buckledown Brewing, LLC | $96,246 |
Revl, Inc. | $93,733 |
Maksimovich & Associates, P.C. | $93,677 |
Multicare Health Center, Ltd. | $93,100 |
Jacobson Masonry, Inc. | $90,343 |
Filter Kleen, Inc. | $76,692 |
Knight's Body Shop, Inc. | $75,235 |
Richards & Weyer Construction Company, Inc. | $71,700 |
Lucas Medi Car, Inc. | $70,000 |
Vibhakar and Vibhakar P. C, D.D.S. | $69,100 |
Lyons Restaurant Supply | $67,115 |
MC Install and Dismantle Corporation | $66,257 |
Little People Montessori Academy | $66,100 |
Del Real Tax Group, Inc. | $66,020 |
Patt Supply Corporation | $63,339 |
X-Pert Mortgage of Illinois, Incorporated | $62,500 |
Driveshafts Unlimited | $60,649 |
DR. Sprinkler Irrigation, LLC | $59,157 |
Black Dog Solutions, LLC | $58,645 |
Croatia, Inc. | $56,968 |
Green Home Experts | $53,283 |
All-Star Automotive Services II, Inc. | $52,500 |
Sey, Inc. | $52,407 |
G & P Products, Inc. | $51,400 |
Alpha Trucking Solutions, LLC | $51,037 |
4356 Prescott Avenue Contractors, LLC | $50,725 |
Rose Real Estate & Development | $50,008 |
God Shiva, Inc. | $49,185 |
SKY Freight, Inc. | $48,975 |
Adelsbach Insurance Agency, Inc. | $48,200 |
Black Dog Foods | $48,085 |
Petroleum Technologies Equipment, Inc. | $46,220 |
JG Landscaping Services & Snow Removal, Inc. | $44,690 |
Yuritzy 2, Inc. | $44,497 |
Aamj Transportation, Inc. | $43,750 |
Brunswick Supply Company | $42,797 |
ATS Brokerage, Inc. | $41,602 |
Scout Southtown Electric Supply Company, Inc. | $39,700 |
A&A Studios, Inc. | $39,655 |
Southwind Ras Iuoe 150, LLC | $38,658 |
Very Gentle Dental Care, P.C. | $36,405 |
Kate Jablonski, Inc. | $35,400 |
The Patch Boys of Dupage, Inc. | $35,192 |
Accushim, Inc. | $34,602 |
JH Plumbing Solutions Incorporated | $34,385 |
Lovitt & Sons, Inc. | $34,137 |
Stella's Sports, Inc. | $33,451 |
Tony's Breakfast Cafe, LLC | $33,029 |
Rightmed Home Healthcare, Incorporated | $32,591 |
Deva Ashtavinayak Incdba Great Clips | $32,390 |
ZMF, Inc. | $30,525 |
D. A. Industrial Repair, Inc. | $30,207 |
R&R Laundry Solutions | $30,000 |
Lyons Truck Sales, LLC | $29,229 |
St. Hugh Parish | $28,670 |
Yuritzy J&e Landscaping, Inc. | $28,427 |
Illinois Sleep Provider, Inc. | $28,200 |
Morning Noon& Night & Sewer Services, Inc. | $28,141 |
TNT Repair, LLC | $26,687 |
The Image Store | $26,370 |
Coast2coast Audio Visual, Inc. | $26,250 |
Salernos of Lyons, Inc. | $25,100 |
New Hong Kong Garden | $25,000 |
Pilkington Tax Consulting, LLC | $24,810 |
Superformance Cars, Inc. | $21,236 |
Clover Restaurant Group, LLC | $21,044 |
Dejan Mihailovic | $20,833 |
NSJ Freight, Inc. | $20,833 |
Paul Baker | $20,833 |
Goran Kovacevic | $20,832 |
Hilla, Inc. | $20,832 |
Bscz Company | $20,832 |
U&M Expedited Incorporated | $20,832 |
Zoran Bozovic | $20,832 |