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.
Top 100 largest PPP loans in 2020 in ZIP Code 60089
| Name of Borrower | Current Approved Amount |
|---|---|
| Ceannate Corporation | $4,761,095 |
| Kopka Pinkus Dolin & Eads, PC | $4,277,100 |
| ACP Creativit | $3,433,400 |
| Crosscom National, LLC | $3,331,617 |
| Surgical Referral Service, Ltd. | $3,212,720 |
| Bourbon Tile & Marble, Inc. | $2,699,500 |
| Produce Alliance, LLC | $2,553,250 |
| International Services, Inc. | $2,489,200 |
| Global Material Technologies, Inc. | $2,230,000 |
| Therm FLO, Inc. | $2,102,865 |
| MNJ Technologies Direct, Inc. | $1,933,790 |
| Lab Development, LLC | $1,873,700 |
| Schultes Precision Manufacturing, Inc. | $1,806,374 |
| Primehealth Group, LLC | $1,749,996 |
| Banner Plumbing Supply Company, LLC | $1,665,500 |
| New Age Elder Care, Inc. | $1,646,308 |
| Illinois Masonry Corporation | $1,628,600 |
| Belmont Trading Company, Inc. | $1,455,700 |
| Helpsource of North Shore, Inc. | $1,397,625 |
| Burgess Computer Decisions, Inc. | $1,374,335 |
| Sms-, LLC NA | $1,353,700 |
| Symphony Buffalo Grove, LLC | $1,352,247 |
| Buffalo Group, LLC | $1,059,300 |
| Wes-Technician Automation Solutions, LLC | $1,049,500 |
| Indeck O&M, LLC | $1,016,121 |
| Business It Source, Inc. | $775,000 |
| Multimedia Sales & Marketing, Inc. | $771,461 |
| INT, Inc. | $768,647 |
| Ruby Robinson Holdings, Inc. | $745,000 |
| On a Roll Trucking, Inc. | $732,000 |
| Zonatherm Products, Inc. | $672,270 |
| Omni Youth Services | $658,688 |
| The Leider Horticultural Companies, Inc. | $657,300 |
| Knipex Tools LP | $636,200 |
| Assurance Heating & Air Conditioning, Inc. | $625,637 |
| HP Tuners, LLC | $625,500 |
| Premier Eye Care & Surgery, Ltd. | $618,172 |
| 77018 Company | $615,468 |
| St. Mary Parish & School/catholic Bishop of Chicago | $588,400 |
| Foster / Premier, Inc. | $574,300 |
| Arbor Counseling Center, Ltd. | $572,570 |
| Scott D Glazer School, M.D. | $551,800 |
| Certasun, LLC | $529,255 |
| Indeck Energy Services, Inc. | $528,458 |
| Strategic Tax Advisors, Inc. | $523,500 |
| Brandt Box & Paper Company, Inc. | $500,500 |
| Iphorgan Limited | $474,900 |
| Sanders Court Pediatrics, Ltd. | $466,652 |
| GPS USA, Inc. | $452,250 |
| American Needle, Inc. | $450,200 |
| Pragma Edge, Inc. | $450,000 |
| Ardell Sales & Consulting, Inc. | $422,890 |
| Vtekh, Inc. | $418,260 |
| John S. Swift Company, Inc. | $416,100 |
| D&F Vapor, Inc. | $397,420 |
| Deerfield Patisserie, LLC | $384,535 |
| Midwest Sealing Products, Inc. | $380,200 |
| Inter-Pacific, Inc. | $350,000 |
| Tron Solar | $350,000 |
| Allen Visual Systems, Inc. | $345,600 |
| Hire Excellence, Inc. | $337,190 |
| Green Air Care Group, Inc. | $329,855 |
| NRI Relocation, Inc. | $315,625 |
| Burdeens Jewelry | $313,300 |
| Ipmedia Holdings, Inc. | $312,900 |
| Outlook Marketingsrv.com | $312,200 |
| Selex, LLC | $307,413 |
| V-Tex, Inc. | $300,692 |
| Gopath Laboratories, LLC | $300,000 |
| LLI Architectural Lighting, LLC | $299,000 |
| Picker & Associates, LLC | $297,463 |
| Roda Specialty Steel, Inc. | $278,500 |
| VCN Media, LLC | $269,200 |
| Morris Dental Solutions, Ltd. | $265,100 |
| Marking Specialists/polymer Technologies | $264,800 |
| Continental Vineyards, LLC | $261,470 |
| Austin Chemical Company, Inc. | $258,750 |
| JRCC Investments, LLC | $255,815 |
| Contemporary Marketing, Inc. | $254,700 |
| The Swanson Group, LLC | $253,773 |
| Domas Mechanical Contractors, Inc. | $249,800 |
| Twin Rinks Ice Pavilion, Inc. | $247,000 |
| Midwest Representatives, Inc. | $246,615 |
| One2one Communications, LLC | $241,500 |
| Yan Razdolsky BSD Ltd., D.D.S. | $239,019 |
| Women's Healthfirst, LLC | $233,290 |
| Pediatric Dental Associates, PC | $233,222 |
| R&R Boardwalk Servpro of BGLZ, LLC | $232,000 |
| Chicago Quick Clean, LLC | $231,675 |
| Showerscapes Incorporated | $227,945 |
| Next Chapter, Inc. | $226,082 |
| Liftomatic Material Handling, Inc. | $223,300 |
| Parkonect, LLC | $221,500 |
| Fambro Management, LLC | $221,490 |
| Hawk Electronics, Inc. | $218,677 |
| Healthcare ID, Inc. | $217,500 |
| Nu Tile & Marble, Inc. | $214,800 |
| Health Technology Resources, LLC | $207,355 |
| Medtec Medical, Inc. | $205,900 |
| U. S. Exterior, Inc. | $205,100 |
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