There were 94 PPP loans issued in Illinois during the week ending May 31. 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 |
---|---|---|
Bridge Medical Services, Inc. | 2020-05-25 | $350,000-1 million |
Ecco Transport, Inc. | 2020-05-25 | $350,000-1 million |
Reliable Staffing, Inc. | 2020-05-25 | $350,000-1 million |
Informagnetics Technologies USA Corporation | 2020-05-25 | $150,000-350,000 |
Knuth Machine Tools USA, Inc. | 2020-05-25 | $150,000-350,000 |
Egen Solutions, Inc. | 2020-05-26 | $2-5 million |
Berkshire Nursing & Rehab Center, LLC | 2020-05-26 | $1-2 million |
Pro Staffing, Inc. | 2020-05-26 | $1-2 million |
Woodbridge Nursing Pavilion, Ltd. | 2020-05-26 | $1-2 million |
Center Guard Plumbing, Inc. | 2020-05-26 | $350,000-1 million |
Concord Nursing and Rehabilitation Center, LLC | 2020-05-26 | $350,000-1 million |
Flat Trip, Inc. | 2020-05-26 | $350,000-1 million |
Neil Oil Company, Inc. | 2020-05-26 | $350,000-1 million |
Ottawa Pavillion, Ltd. | 2020-05-26 | $350,000-1 million |
R & L Management Company, Inc. | 2020-05-26 | $350,000-1 million |
Rula's Enterprises Company | 2020-05-26 | $350,000-1 million |
Trans America Transportation, LLC | 2020-05-26 | $350,000-1 million |
Aurora 64, Inc. | 2020-05-26 | $150,000-350,000 |
Chase N Dreams Logistics, Inc. | 2020-05-26 | $150,000-350,000 |
Chicago Security Professionals | 2020-05-26 | $150,000-350,000 |
Intellex Security Corporation | 2020-05-26 | $150,000-350,000 |
Level Global Solutions.com | 2020-05-26 | $150,000-350,000 |
Magic Nails Salon, Ltd. | 2020-05-26 | $150,000-350,000 |
RZ Construction Services, Inc. | 2020-05-26 | $150,000-350,000 |
Smithson Wine and Spirits | 2020-05-26 | $150,000-350,000 |
SNF Express, Company | 2020-05-26 | $150,000-350,000 |
Terry G. , Inc. | 2020-05-26 | $150,000-350,000 |
The Eat Purely Company | 2020-05-26 | $150,000-350,000 |
We Are Resilient NFP | 2020-05-26 | $150,000-350,000 |
Current Communications & Electric Corporation | 2020-05-27 | $1-2 million |
Keystrokes Transcription Service, Inc. | 2020-05-27 | $1-2 million |
Amity Die & Stamping Company | 2020-05-27 | $350,000-1 million |
Bowcon, Inc. | 2020-05-27 | $350,000-1 million |
Broadway Investments, Inc. | 2020-05-27 | $350,000-1 million |
Build Brand Development, LLC | 2020-05-27 | $350,000-1 million |
Columbia Yacht Club | 2020-05-27 | $350,000-1 million |
Compliance Team, LLC | 2020-05-27 | $350,000-1 million |
The Villa at South Holland, LLC | 2020-05-27 | $350,000-1 million |
3160 High Pass Lane, LLC | 2020-05-27 | $150,000-350,000 |
All About Healthcare, Inc. | 2020-05-27 | $150,000-350,000 |
Denoyer Geppert Science Company | 2020-05-27 | $150,000-350,000 |
Excel Facility Services, Inc. | 2020-05-27 | $150,000-350,000 |
Gregoire, Inc. | 2020-05-27 | $150,000-350,000 |
Master Safe Leasing, Inc. | 2020-05-27 | $150,000-350,000 |
N & W Horizonal Boring Company | 2020-05-27 | $150,000-350,000 |
R & R Septic & Sewer Service, Inc. | 2020-05-27 | $150,000-350,000 |
Redempta Services, NFP | 2020-05-27 | $150,000-350,000 |
Show Services, Inc. | 2020-05-27 | $150,000-350,000 |
Stewart Ridge Development, LLC | 2020-05-27 | $150,000-350,000 |
Tricor Construction, Inc. | 2020-05-27 | $150,000-350,000 |
Palladian Employee Services, LLC | 2020-05-28 | $1-2 million |
Spark Therapy, LLC | 2020-05-28 | $1-2 million |
Tri-County Electrical Company-Op, Inc. | 2020-05-28 | $1-2 million |
Assumption Cooperative Grain Company | 2020-05-28 | $350,000-1 million |
Berndorf Belt Technology, Inc. | 2020-05-28 | $350,000-1 million |
Egyptian Electric Cooperative Association | 2020-05-28 | $350,000-1 million |
RM Lucas Company | 2020-05-28 | $350,000-1 million |
Swap.com, Inc. | 2020-05-28 | $350,000-1 million |
A. M. C. Mechanical, Inc. | 2020-05-28 | $150,000-350,000 |
Bel-Air Manufacturing, Inc. | 2020-05-28 | $150,000-350,000 |
DTM Masonry, Inc. | 2020-05-28 | $150,000-350,000 |
Four Star Denim and Apparel, LLC | 2020-05-28 | $150,000-350,000 |
Jasmine Enterprises, Inc. | 2020-05-28 | $150,000-350,000 |
Jet Motors, Inc. | 2020-05-28 | $150,000-350,000 |
Sam's Farmer's Market, LLC | 2020-05-28 | $150,000-350,000 |
SNS Construction Services, Inc. | 2020-05-28 | $150,000-350,000 |
Trade Industries2 | 2020-05-28 | $150,000-350,000 |
Trossman Lighting Company, LLC | 2020-05-28 | $150,000-350,000 |
Commodities, LLC, Ltd. | 2020-05-29 | $5-10 million |
LA-Rfmg Lincolnshire, LLC | 2020-05-29 | $1-2 million |
Aperion Care Bloomington, LLC | 2020-05-29 | $350,000-1 million |
Community Action Partnership of Lake County | 2020-05-29 | $350,000-1 million |
Dolton Nursing & Rehab, LLC | 2020-05-29 | $350,000-1 million |
Home Sweet Home Catering Incorporated | 2020-05-29 | $350,000-1 million |
Lorevas | 2020-05-29 | $350,000-1 million |
Mercator Global Logistics | 2020-05-29 | $350,000-1 million |
North Church Nursing & Rehab, LLC | 2020-05-29 | $350,000-1 million |
River Crossing Rehab, LLC | 2020-05-29 | $350,000-1 million |
Riverwood Rehab, LLC | 2020-05-29 | $350,000-1 million |
A&P Grain Systems, Inc. | 2020-05-29 | $150,000-350,000 |
Beary Nursery, Inc. | 2020-05-29 | $150,000-350,000 |
Botts Welding & Truck Service, Inc. | 2020-05-29 | $150,000-350,000 |
Cedar Path Nurseries, LLC | 2020-05-29 | $150,000-350,000 |
GB Premier, Inc. | 2020-05-29 | $150,000-350,000 |
Inter City Maintenance Service, Inc. | 2020-05-29 | $150,000-350,000 |
Kasa Management Services, Inc. | 2020-05-29 | $150,000-350,000 |
Marka Transport, Inc. | 2020-05-29 | $150,000-350,000 |
Monolith Fahrenheit Corporation | 2020-05-29 | $150,000-350,000 |
Quality of Jerseyville, Inc. | 2020-05-29 | $150,000-350,000 |
Salvo Architectural Roofing Contractors, Inc. | 2020-05-29 | $150,000-350,000 |
Vern's Farm Supply, Inc. | 2020-05-29 | $150,000-350,000 |
Chicago Exotic Car Collection, LLC | 2020-05-30 | $350,000-1 million |
Agami Technologies, LLC | 2020-05-30 | $150,000-350,000 |
Cit Trucks, LLC | 2020-05-31 | $1-2 million |